Asia Financial Services

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Archive for: September, 2007

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Zennon KapronKapronasia - Shanghai

China: Barbie and Goldman

25 September 2007 | 5415 views | 1 comments

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Lead Toys With recall troubles dating back to 2005 when a toddler in the US ate a loose magnet and later died, the toy manufacture Mattel has been in the centre of a toy recall that has thousands of class-action lawyers around the world drooling. The company has gone through numerous recalls in the past few months, the largest being for 18 millio...

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Zennon KapronKapronasia - Shanghai

Singapore: Bubble? What bubble?

17 September 2007 | 4816 views | 0 comments

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On a recent trip to Singapore, I was shocked to see that the 3 bedroom flat that I used to rent with a few people in 2004 for SGP$2,100 was now renting for SGP$4,300. Just over double in 3 years. Now what becomes even more eye-opening is if you take the USD exchange rate fluctuations into account, for those of us still clinging to greenback savi...

intel inside China

11 September 2007 | 1778 views | 0 comments

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This past weekend Craig Barrett was in China for the ceremonial groundbreaking on the brand spanking new site for Intel’s latest US$2.5B factory or “fab”. Scheduled to start production in 2010, the fa...

Zennon KapronKapronasia - Shanghai

China: Flying and Banking

07 September 2007 | 1818 views | 0 comments

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This week Singapore Airlines (SIA) bought a ~16% stake in China Eastern, a domestic Chinese airline, which is in the worst financial condition of the big three Chinese carriers. This by itself is grou...