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Business And Finance

Navis eyes Carrefour S’pore, Malaysia assets – source

Reuters By Saeed Azhar and Wendy Mock Sep 2, 2010 SINGAPORE/HONG KONG Sept 2 (Reuters) -A consortium led by a Malaysia-based private equity firm has joined a slate of bidders including French retailer Casino (CASP.PA) and Britain’s Tesco (TSCO.L), in bidding for some of Carrefour’s (CARR.PA) Southeast Asian assets, sources said. Malaysia’s Navis Capital...
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US dollar closes lower by NT$0.027 on Taipei forex against NT dollar

The China Post September 2, 2010 TAIPEI — The U.S. dollar fell against the New Taiwan dollar yesterday, dropping NT$0.027 to close at NT$32.075. Turnover totaled US$527 million during the trading session. The greenback opened at NT$32.102 and moved between NT$31.016 and NT$32.140 before the close.
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Taiwan shares close up by 0.68 percent

The China Post September 2, 2010 TAIPEI — Taiwan share prices closed up 0.68 percent yesterday on a technical rebound after heavy losses in the previous session, dealers said. The weighted index rose 51.97 points to 7,668.25, after moving between 7,625.72 and 7,679.43, on turnover of NT$106.59 billion (US$3.33 billion). The market opened up...
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China-based PCB firm seeks to raise funds in Taiwan

Focus Taiwan 2010/08/31 Taipei, Aug. 31 (CNA) Chunghong Holdings Ltd., a Chinese printed circuit board (PCB) firm, is seeking to raise funds in Taiwan through a primary listing on the local main board, underwriter Capital Securities said Tuesday. Capital Securities said Chunghong, which is registered in the Cayman Islands, is planning to issue 7.61...
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AIG’s Nan Shan sale derailed by Taiwan, China tension

Market Watch Aug. 31, 2010 By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — American International Group Inc.’s plan to sell an Asian insurance business called Nan Shan was derailed Tuesday by tension between Taiwan and China. AIG agreed last year to sell Nan Shan to China Strategic, a battery maker, and Hong Kong investment...
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