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Sat Jul 31, 2010 15:15:42
Saturday July 31, 2010
1:29pm
From:
Three Graphs About China and Cars
Topics:China, Europe

Three useful graphs about China’s expanding car ardor. First, monthly demand has doubled since January 2009 …

china-monthly-cars

… and the per capita ownership of cars in China is 1/20th that of Europe, or 1/40th that of the U.S. …

china-rel-1

… while the growth in China’s auto penetration rate isn’t really that high (yet), compared to neighbors like Korea. china-rel-2

[via J.P. Morgan]


11:23am
From:
From OpenWebAsia In Kuala Lumpur: South East Asia’s Web Under The Spotlight

Earlier this month, I attended OpenWebAsia – South East Asia (South EAsia/a>) in Kuala Lumpur/Malaysia, a two-day tech and web industry event that attracted over 350 international attendees. The event shined a spotlight on a market that’s still largely overlooked: a whopping 600 million people live in South East Asia, which boasts a rapidly growing web and mobile population.

What follows is a short summary of just a few presentations, panel discussions, and startup demos I witnessed at OpenWebAsia (those with a focus on Asia only). I will update this article with more material once it becomes available (find the agendas for day one and two here and here.....

9:00am
From:
The CIVETS: Windfall Wealth From the ‘New’ BRIC Economies
Forget the BRICs... the term coined by Goldman Sachs economist Jim O'Neill coined to identify the potential of the emerging economies of Brazil, Russia, India and China.

There's a new acronym in town: CIVETS.

Haven't heard of it? You will.

It refers to Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa... the new kids on the block that promise to deliver even bigger windfall wealth than the BRICs ever did.

But, only if you pick the right markets at the right time...

Read on to find out where the
.....
2:00am
From:
Abu Dhabi Tourism Authority becomes multi-platform sponsor of CNN's new monthly feature show 'Icon'
Topics:US Composite:CNN, Europe
Abu Dhabi Tourism Authority (ADTA) has become the exclusive sponsor of CNN International's new monthly half-hour feature programme 'Icon', launching today. The sponsorship agreement positions the authority around CNN's new, highly interactive editorial commitment to the arts & culture and in front of CNN's upscale audiences across Europe, the
Friday July 30, 2010
8:00pm
From:
Kraton Polymers Announces European HSBC Price Increase
HOUSTON, July 30 /PRNewswire/ -- Kraton Polymers LLC (together with its direct and indirect subsidiaries, "Kraton"), a leading global producer of styrenic block copolymers, announces a general price increase in Europe, Africa and the Middle East of Euro 250 /MT for Kraton SEBS and SEPS based polymer
7:32pm
From:
Chipotle Builds Smaller Stores
Chipotle Mexican Grill (CMG) has been serving up big burritos and strong growth for years. It aims to keep on growing through new initiatives like an expansion into Europe and smaller, less costly "A Model" sites in the U.S. The Colorado-based company has opened an eatery in London and expects to unveil one in France next year. Overall, it now has more than 1,000 restaurants, reporting 1,001 as of the second quarter's end. "We believe the
6:46pmEurope fears rock global markets : Real-Time Finance
Source: real-timefinance.com  Topics: Europe
6:34pm
From:
InMobi Wants The World With Its Mobile Ads, Not Just The U.S.

Today at our Social Currency CrunchUp in Palo Alto, CA, James Lamberti, VP of Global Research and Marketing for InMobi, sat down with our Michael Arrington to tell us a bit about mobile advertising.

InMobi is the largest independent mobile ad network in the world. Overall, they’re number two behind Google’s AdMob. That earned them an $8 million investment from Kleiner Perkins and Sherpalo Ventures a couple weeks ago. But what’s particularly interesting about InMobi is how well they’re doing outside the U.S.

Out of inMobi’s 16.9 billion mobile ad impressions globally, 2.6 billion are in Africa, more than the US’s 2 billion. 10 billion are in Asia, no surprise considering.....

6:06pm
From:
Japan: Land of the Rising Debt
Vitaliy N. Katsenelson, CFA submits:

Investors are understandably scared of the sovereign debt crisis unfolding in Europe. Amid their angst, however, they are ignoring a more likely, and significantly larger, debt catastrophe that is about to hit the nation with the second-largest economy in the world — Japan. Two decades of stimulative, low-interest-rate fiscal policy have made Japan the most indebted nation in the developed world, and as new Prime Minister Naoto Kan recently said, in his first address to Parliament, that situation is not sustainable. Japan has little choice but to raise interest rates substantially, with dire consequences far beyond its shores.

The prelude to the current crisis began in the early 1990s, after Japan’s housing and stock market

2:21pm
From:
ETFs as Euro Bank Self-Defense?
Topics:Europe, ETF (Jakarta:R-LQ45X)
IndexUniverse Europe submits:

By Paul Amery

Might having an ETF range be a form of self-defense by banks against possible adverse regulation?


Complete Story »
12:11pm
From:
Modine reports sales, earnings increases
Modine Manufacturing Co. reported Friday that its fiscal first-quarter net income climbed to $3.1 million, or 7 cents per diluted share, due to dramatically improved sales in a number of its key markets, including the off-highway and commercial vehicle markets in North and South America and the premium automotive market in Europe. (MOD)
11:35am
HK consortium offers US$9b for British power network
PARIS: A consortium led by Hong Kong's richest man Li Ka-shing has made a US$9 billion (US$1 = RM3.19) "irrevocable" offer to take over the British power distribution network of French electricity giant EDF, the French company said yesterday. If completed, the deal would be the biggest by a Hong Kong entity in Britain. EDF Energy, the largest electricity supplier in Britain, is owned by EDF, the state-controlled French giant which said in October it had put its three distribution grids up for sale as it tries to reduce debt. EDF group is Europe's biggest electricity producer. The Hong Kong consortium beat rival offers from a British energy firm and Canadian-Australian-Abu Dhabi consortium, a source close to the deal was quoted as saying by the Dow Jones news wire. An .....
10:17am
From:
Stand Back There’s A Hurricane Coming Through: Google Adds Weather Data To Google Earth

Google has added weather data to its Google Earth application. As of now, the new feature only supports locations in North America and parts of Europe.



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