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2010, Sep 03

Finance and Banking

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Finance and Banking

Japan is Asia's Largest FX Centre
03-Sep-10
Japan has been ranked the largest foreign exchange centre in Asia and the 3rd largest globally, according to a Bank of International Settlements’ report.
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Japan Growing Ripe for Increased M&As
02-Sep-10
Japanese companies are being urged to consolidate in industries where there is tough competition, and be more aggressive in making acquisitions in Asia.
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China May Allow Use of Yuan for Overseas Investment
02-Sep-10
The use of yuan for overseas investment would only be successful if the destination country accepts the Chinese currency and how the central bank would get the yuan to flow back.
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Financial Time Bomb Building Up in Hong Kong
02-Sep-10
Hong Kong's credit card holders are spending too much with their credit cards, and many are paying only the monthly minimum.
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Taiwan Turns Down HK Group's Bid for AIG Unit
01-Sep-10
Taiwan's regulators rejected the proposal, questioning the consortium's stability and financial ability.
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Taiwanese Wants to Buy AIG Unit for US$2.5B
31-Aug-10
Wang Shih-jung, a former diplomat, reveals he has lined up a US$2.5 billion bid for Nan Shan.
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Chinese Exporters May Keep Foreign Currency Earnings Offshore
31-Aug-10
Exporters who need foreign currency to buy imports and other supplies will benefit most from the trial program.
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PwC to Acquire Diamond for US$387M
27-Aug-10
PricewaterhouseCoopers LLP will acquire Diamond Management & Technology Consultants, Inc. for US$378 million.
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Emerging Economy Trade Buyers Register 25% Jump in M&A Activity
26-Aug-10
Trade buyers in the emerging economies have their M&A deal-making sights firmly set back on the developed economies after recording a 25% increase in cross-border deal activity in the past six months.
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Thailand Lifts Interest Rate
26-Aug-10
Thailand's central bank has lifted its key interest rate to 1.75%.
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