Posted by
news on Sunday, August 22nd 2010
SHANGHAI/HONG KONG (Reuters) – China Construction Bank (CCB) , posted a 20 percent rise in second-quarter profit as the world’s second-biggest lender by market value seeks to raise $11 billion to fuel growth restrained by a weak capital base.
http://www.reuters.com/
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Posted by
news on Sunday, August 22nd 2010
LONDON (Reuters) – Campbell Soup Co , the world’s largest soup maker, is considering making a 1.5 billion pound ($2.3 billion) break up bid for Britain’s United Biscuits, the Sunday Times reported.
http://www.reuters.com/
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Posted by
news on Sunday, August 22nd 2010
HONG KONG (Reuters) – China Construction Bank (CCB) , the country’s second-biggest lender, posted a 20 percent rise in second-quarter profit on loan expansion and a recovery in interest margins.
http://www.reuters.com/
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Posted by
news on Sunday, August 22nd 2010
ZURICH (Reuters) – Swatch Group, the world’s largest watchmaker, is aiming for another record year in 2011 as new products come on to the market in the coming months, the group’s new chairwoman was quoted as saying on Sunday.
http://www.reuters.com/
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Posted by
news on Sunday, August 22nd 2010
HONG KONG (Reuters) – HSBC Holdings Plc has emerged as the frontrunner to buy a controlling stake in Nedbank , South Africa’s fourth-largest bank, in a deal that could be announced as early as Monday, the Financial Times quoted people familiar with the talks as saying.
http://www.reuters.com/
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Posted by
news on Sunday, August 22nd 2010
BEIJING (Reuters) – A 50-percent drop in China’s property prices will lead to a surge in bad real estate loans for Chinese lenders, a local newspaper reported, citing the results of the latest round of a Chinese bank stress test.
http://www.reuters.com/
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