BUSINESS

MF Global Singapore liquidators making progress winding down business

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SINGAPORE, Nov 24 (Reuters) – The liquidators of MFGlobal’s ‘s Singapore business said on Thursday thatthey are making headway winding down the business. “We are pleased to update that significant progress is beingmade in the process of winding-down the business of the companyand collection of monies and assets of the company and itscustomers,” said...

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TSE Losing 4% of Japan Stock Trading Sees Revival With Osaka Bid

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Tokyo Stock Exchange Group Inc.’s proposed takeover of its Osaka rival may slow market share losses as alternative trading systems capture a growing portion of Japan’s equity business. (get the story…)

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Japan Lures Toshiba to Help Curb Carbon

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Japan is planning a series of bilateral technology-transfer agreements to offset its greenhouse gases, another step away from the international treaty signed in 1997 to limit emissions worldwide. (get the story…)

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Indonesia’s Newest Billionaire

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An early partnership with one of Indonesia’s best-known businessmen helped jump-start Djoko’s own path to riches. (get the story…)

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Manulife Plans to Hire About 800 People in Indonesia Over the Next Year

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Manulife Financial Corp. (MFC) , Canada’s largest insurer, plans to increase its staff by about two-thirds over the next year in Indonesia to take advantage of demand for insurance, mutual fund and asset-management products. (get the story…)

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Nomura looks to sell Japan business: report

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Nomura Holdings Inc. (NMR) is in preliminary discussions with big private equity firms about the possible sale of domestic businesses, including its real estate arm, the Financial Times reported Tuesday citing several people familiar with the talks. (get the story…)

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China, Turkmenistan to upgrade business cooperation

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China is ready to work with Turkmenistan to create a good environment for their business cooperation, Chinese Vice Premier Wang Qishan said here Tuesday. (get the story…)

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China factory sector shrinks most in 32 months

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BEIJING (Reuters) – China’s factory sector shrank the most in 32 months in November on signs of domestic economic weakness, a preliminary PMI survey showed, reviving worries that China may be slipping toward a hard landing and fuelling fears of a global recession. The steep fall in the HSBC flash purchasing managers’ index (PMI)...

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Insight: Governors go where national politicians won’t — China

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(Reuters) – In October 1984, Iowa’s governor, Terry Branstad, made his first trip to China. He and his wife flew to Beijing and took an old steamer train about 200 miles southwest to Shijiazhuang, a city in the Hebei province. “It was kind of like going back in time,” Branstad told Reuters. Local government...

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Yum Separates India Business to Show Potential Store Growth

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Yum! Brands Inc., which owns the KFC and Taco Bell restaurant chains, will separate its India business from its international segment to highlight the country’s potential growth. (get the story…)

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