The Shanghai auto show kicked off this week with up-and-coming automakers showing off sedans, trucks and SUVs in the worlds fastest-growing automobile market. But as the global automotive industry looks east, Chinas carmakers have their eyes fixed firmly west on the U.S. market.
With names like Chery, Geely and Shanghai Automotive Industry Corp., Chinas small […]
AXMG Majority Owners and Shareholders Approve Reverse Stock Split
Las Vegas, Nevada (http://www.prweb.com/) March 12, 2007 — The Axess Media Group, Ltd. (OTC: AXMG) announced today, that its majority-owner(s)-in-interest shareholder(s) have approved a Plan of Merger, and significant reverse split of the companys issued and outstanding capital stock; with a record date of February 28, […]
SOARING pay for bosses might be a recipe for political instability and upheaval, a corporate governance expert has warned.
Paul Healy, a professor of business administration at Harvard Business School, says there are no clear answers to skyrocketing pay levels.
Politicians would intervene at their own peril because regulation would “not be very helpful”, he […]
The US currency could be vulnerable to heavy selling pressure if there is a forced capitulation in carry trades, although the underlying yield structure will help cushion the dollar if risk tolerances stabilise. The key factor is still that the dollar is liable to see strong selling pressure on any significant recoveries.
The dollar strengthened […]
Fiji’s reinstated President Ratu Josefa Iloilo said today he supported last month’s military coup and would help secure immunity for members of the armed forces.
Military chief Commodore Frank Bainimarama handed back executive authority of Fiji to Mr Iloilo earlier today.
The President says an interim government will soon be appointed.
In an address to the nation, […]