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ASIAN economies are expected to continue outperforming the rest of the world in 2004 against the backdrop of an overall global recovery.
China's ever changing technology priorities are a high-stakes gamble for many of the world's top chipmakers, most of which have found the odds stacked against them as they try to guess Beijing's agenda.
Revelations that Lucent Technologies Inc's senior executives in China may have violated US law banning the payment of bribes overseas is unlikely to be an isolated case in a country where corruption is common despite government campaigns to stamp it out, analysts said.
North Korea wants to join the Asian Development Bank to seek economic aid for its impoverished people, but the bank's member nations are split on whether to admit the isolated communist nation, the ADB's president said Monday
LOCAL banks, whose pre-tax profits collectively grew 5% quarter-on-quarter during the first three months of the year despite weaker interest income, are expected to improve their performance in the second half 2004 with a recovery in loan growth, said ING Financial Markets, which has maintained its overweight rating on the banking sector.
THE Government seems to be caught in a tug of war with cellular operators over the implementation of domestic roaming if there are connectivity problems after 2005. No operator wants to open its network in the urban centres to its rivals although it does not mind doing so for the remote areas. But before domestic roaming can be implemented, the Government would have to spell out the areas that should be open for domestic roaming and address the commercial, technical and operational issues that operators faced. Three industry players share their views withIStarBiz/Iassistant news editor B.K. SIDHU. /B>