Issue: May 07, 2012 (Archive)

Thursday, May 23, 2013

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More new homes for sale
More developers are putting new homes on the market, while some homebuyers are taking a wait-and-see approach before making any commitments.

Banks fight over yuan deposits
Local banks are battling aggressively to attract more yuan deposits in a bid to boost their bottom lines amid a tough operating environment.

Buffett to steer clear of Apple, Google
Warren Buffett said over the weekend he would not buy shares of technology giants Apple Inc or Google Inc but would not sell them short, and said International Business Machines Corp is a better investment for his company Berkshire Hathaway Inc.

Graff Diamonds poised to sparkle
High-end jeweller Graff Diamonds is set to launch its Hong Kong initial public - worth up to HK$7.78 billion - on May 21, sources familiar with the plans said yesterday .

Best to wait for some more hints
The Dow Jones Industrial Average lost 1.3 percent to 13,038 last Friday after a much lower US non- farm payroll in April.

Yahoo tipped to trim Alibaba sale
Yahoo looks set to scale back its plan to sell its interest in mainland e-commerce giant Alibaba Group, and a transaction could be completed within weeks.

More pain before gains for markets
Round four of the US-China Strategic and Economic Dialogue ended on Friday with a deal to resume talks on the bilateral investment treaty.

Beijing green drive to put sparkle on solar stocks
Shares of solar panel producers and new material makers are expected to benefit from the mainland's pledge that more than 30 percent of new buildings will be green structures by 2020.

Toxic smoke fears as blaze kills 12
A large blaze at a chemical factory in eastern Thailand killed 12 people, injured more than 100 and spewed toxic smoke into the air.

North Korea sticks to nuke trail
North Korea leaders vowed to push ahead with "peaceful" nuclear and space programs as they rubbished calls from the five permanent UN Security Council members to change ideas.

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