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September 29, 2008 | ||
Asia InsiderKeep up-to-date with the latest news from Asia | ||
| Inside: This Week In Asia
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| CONSUMER SAFETY China's Tainted-Milk Scandal Since the news first broke that Chinese dairy producers have been adding the industrial chemical melamine to milk, more than 50,000 children have fallen ill CONSUMER SAFETY Contaminated Milk Sours China's Dairy Business Farmers and milk distributors have been devastated by the contamination scandal, the recall, and bans on Chinese dairy products CONSUMER SAFETY China's Poisoned Milk Scandal Spreads Companies in Japan, Taiwan, Singapore and beyond are recalling products made with Chinese milk—and three African countries have banned milk imports from the country CONSUMER SAFETY Tainted Rice Causes Food Scare in Japan Japanese consumers are growing wary of food safety after Mikasa Foods admitted it sold tons of contaminated rice INNOVATION Japan's Next Mission: Be Creative The younger generation is behind a drive to redefine Japan as a leader in design and innovation—think fashion, architecture, video games, and hybrids MEDIA Murdoch and Turner Battle for Indian TV Media giants know a monster market when they see one. That's why News Corp. and other Western broadcasters are investing in more channels for India GLOBESPOTTING The World's Leadership Vacuum As Wall Street shakes, it becomes clearer that the U.S. government has played to the polls more than to industry's calls for long-term planning ECONOMICS & POLICY Can a New Prime Minister Revive Japan's Economy? Liberal Democratic Party leader Aso, expected to be named Prime Minister this week, favors tax cuts and big government spending to fuel growth ECONOMICS & POLICY • From Economic Times of India U.S., Four Pacific Countries to Form Free-Trade Group A 2005 trade pact, the first involving Pacific Rim countries, will get a big boost as the U.S. agrees to join ECONOMICS & POLICY • From FinanceAsia.com If Obama Wins, What Might China Do? Calling China's currency artificially low, the Democrat vows to back legislation that would define currency manipulation as an illegal subsidy INDIA Wall Street Threatens India Nuclear Pact With the U.S. Congress spending most of its time on the financial crisis, the pending deal with India may not pass before the recess FINANCE Japan's Wall Street Run: Culture Clash? This week has seen Sumitomo Mitsui, Mitsubishi UFJ, and Nomura buy into Goldman, Morgan Stanley, and Lehman. Will different styles get in the way? FINANCE Asia Banks Dodge the Wall Street Crisis Despite rumors to the contrary, most Asian banks are in good shape thanks to minimal exposure to Fannie Mae, Freddie Mac, and Lehman FINANCE • From FinanceAsia.com So Who is Smarter: Nomura or Goldman? As Goldman Sachs exits stand-alone investment banking, the Japanese bank doubles down on the model by buying the Lehman franchise in Asia and Europe OFFSHORING • From Economic Times of India Credit Crisis a Threat to India Outsourcers A high-level U.S. analyst has said the mess on Wall Street means the end of the glory days of offshoring for India FINANCE • From Asian Investor Huge Losses for Chinese Equity Funds During the first eight months of 2008, equity funds on the mainland lost 50% of their value on average CORPORATIONS • From FinanceAsia.com Middle East Companies Target India Emirates Telecom and renewable energy outfit Masdar have bought stakes in Indian companies in their respective industries ENERGY Saudi Oil, OPEC's Ire Saudi King Abdullah wants to bring prices down to ensure long-term demand, but other OPEC ministers disagree ENERGY • From FinanceAsia.com China's Sinopec in Bid for Canadian Oil Company In the largest Chinese takeover of a North American public company, energy giant Sinopec is offering $1.9 billion for Tanganyika Oil TECHNOLOGY • From silicon.com How Sony Ericsson Made Windows Nicer When the handset maker created a new user interface for its Windows-based phone, Microsoft first said 'No, no, no'—but then relented TECHNOLOGY • From ZDNet Asia Corporate Training in India Goes High Tech To increase its skilled workforce, India is turning to videoconferencing, online teaching, and collaborative Web-casting techniques TECHNOLOGY • From ZDNet Asia Asian Games for Global Players To appeal to a broader export market, Asian game makers must further develop their content and interactive technology BW MALL SPONSORED LINKS
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| BLOG Eye On Asia >>  How do you say "dead cat bounce" in Chinese? The Shanghai stock market surged 9.46% on Friday, but it's still down more than 60% this year. --Frederik Balfour POST YOUR OWN COMMENTSAdvertisement 
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The Asia BusinessWeek 50, 2008 | |
Showing Stamina on the Asia BW50Although many on the list have seen their stocks take a beating, almost all still have robust sales, good margins, and strong market positionsSiemens India: A Shaky No. 1?ts business in India boomed this year. But now rivals are circling, the slump is hurting, and the stock has dropped 70%China's Alibaba Expands to India, JapanIncreased Competition Hurts Yahoo JapanShoe Seller Belle Conquers ChinaGome is Tops in ChinaIn Korea, NHN Makes Google a MidgetAsia BW50 Interactive Scoreboard |
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