Eximbank to sell Sacombank stake

October 28, 2015 5:40 am· Comments Off on Eximbank to sell Sacombank stake 

HCM CITY, Oct. 27 — The Viet Nam Export Import Commercial Joint-Stock Bank (Eximbank) withdrew its capital representatives at Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank), taking the first step to divest from Sacombank.

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HAGL posts USD 96-M Q3 revenue

October 28, 2015 5:40 am· Comments Off on HAGL posts USD 96-M Q3 revenue 

HA NOI, Oct. 27 — Hoang Anh Gia Lai (HAGL) earned VND2.153 trillion (USD 96.1 million) in consolidated revenue and VND438 billion (USD 19.5 million) in after-tax profit in the third quarter of 2015.

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VN, European business discuss FTA pros, cons

October 28, 2015 5:40 am· Comments Off on VN, European business discuss FTA pros, cons 

HCM CITY, Oct. 27 — The Viet Nam-EU Free Trade Agreement is expected to offer opportunities for Viet Nam and its small- and medium-sized enterprises but local businesses and governments must become more aware of the FTA's requirements, Deputy Minister of Foreign Affairs Le Hoai Trung has said.

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US Commerce Dep't ‘Highly Values’ American companies operating in Russia

October 28, 2015 5:40 am· Comments Off on US Commerce Dep't ‘Highly Values’ American companies operating in Russia 

NEW YORK, Oct. 27 — American companies doing business in Russia are highly valued despite the two countries’ current rift in relations, US Department of Commerce Deputy Press Secretary Katarina Mayers told Sputnik.

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Slumber party guests at Clinton White House still funneling cash to Hillary

October 28, 2015 5:40 am· Comments Off on Slumber party guests at Clinton White House still funneling cash to Hillary 

MOSCOW, Oct. 27 — Big “Fat Cat” donors to former President Bill Clinton were rewarded with overnight stays at the White House, and many of them are still writing checks to the family today, Vice President Joe Biden speaks at Generation Progress’s 10th Annual Make Progress National Summit in Washington.

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Risk management key to China's securities companies: KPMG survey

October 28, 2015 5:40 am· Comments Off on Risk management key to China's securities companies: KPMG survey 

BEIJING, Oct. 27 — China's securities companies had a good year in 2014, this year's volatility, however, might give them a lesson in risk management, according to a KPMG china survey publicized Tuesday.

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Ping'an Insurance net profit surges 52.4 pct

October 28, 2015 5:40 am· Comments Off on Ping'an Insurance net profit surges 52.4 pct 

BEIJING, Oct. 27 — Ping'an Insurance Co. on Tuesday announced that its net profit surged 52.4 percent year on year to 48.3 billion yuan (USD 7.6 billion) in the first three quarters of the year.

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Singapore, World Bank establish Infrastructure, Urban Development Hub

October 28, 2015 5:40 am· Comments Off on Singapore, World Bank establish Infrastructure, Urban Development Hub 

SINGAPORE, Oct. 27 — The World Bank Group (WBG) will be expanding its Singapore office to create its first Infrastructure and Urban Development Hub, said WBG and Singapore's Ministry of Finance (MOF) in a joint press release on Tuesday.

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Kenyan bourse set to launch derivatives market

October 28, 2015 5:40 am· Comments Off on Kenyan bourse set to launch derivatives market 

NAIROBI, Oct. 27 — Kenya's Nairobi Securities Exchange (NSE) said on Tuesday it has received formal approval from the country's financial markets regulator to operate a Derivatives Market.

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News Analysis: Chinese online travel agency market tightens through consolidation

October 28, 2015 5:40 am· Comments Off on News Analysis: Chinese online travel agency market tightens through consolidation 

BEIJING, Oct. 27 — China's online travel agency (OTA) market is consolidating as companies grow wary of burning cash while the economy slows and investors tighten their purse strings.

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