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China has emerged as the biggest hunting ground for the world#8217;s largest transnational corporations as it embraces globalisation after becoming a World Trade Organisation (WTO) member three years ago.
The competition among banks in launching structured products is heating up as big names in the industry are rolling out these products quickly to capture market share.
Johor Corp's intrapreneur venture may well be the solution to help nurture genuine bumiputra entrepreneurs to break into the business world.
PICC Property Casualty Co, a unit of China's biggest car and home insurer, may raise as much as HK$5.1bil in an initial public sale, bankers involved said. American International Group Inc (AIG) will develop products with PICC after subscribing for a third of the stock.
By Tan Sri G. GNANALINGAM
China is waking up to the CSR notion, but legal requirements are needed to promote businesses' sense of social responsibility
US Federal Reserve officials are not optimistic that China will drop its currency peg against the dollar anytime soon because that decision is in the hands of a State Council focused primarily on political stability rather than financial issues.
Wal-Mart Stores Inc, the world's biggest retailer, and Carrefour SA, Europe's largest, enjoyed
FRASER amp; Neave Holdings Bhd#039;s glass packaging division is looking towards China as its area of growth for the next 10 years, said general manager Sim Kuang Meng.
THE powerful gains on the KLSE in recent days, coupled with a surge in oil, gas and water stocks, have lured back packs of retailers to the trading floor. DANNY YAP and HONG BOON HOW yesterday visited some brokerages and found many happy punters there.