SINGAPORE/HONG KONG, July 12 (Reuters) – Australian
companies’ fortunes faded even faster than those in
recession-hit Spain over the last month, dragged down by a
slowing Chinese economy that is also hurting companies in Taiwan
and Hong Kong, Thomson Reuters StarMine data shows.

Projections for forward 12-month earnings for Australia have
come off 5 percent over the past month, twice as much as the 2.4
percent cut to Spanish company forecasts. Across the
Asia-Pacific, estimates have slipped 1.4 percent, and globally
they have been cut by 1.2 percent.

SINGAPORE, May 28 (Reuters) – JPMorgan Asset Management has
cut its investments in commodity companies as it turns more risk
averse due to slowing economic growth in China and India and the
debt crisis in the euro zone.

“If you compare to say three, four, five months ago, one of
the bigger changes that we’ve done is that we have reduced
commodity exposure quite a bit,” said fund manager Pauline Ng,
who helps manage JPMorgan’s nearly $3.5 billion invested in
ASEAN equities, along with three other portfolio managers.

KUALA LUMPUR, March 7 (Reuters) – Over nearly two
decades, Malaysia’s second-richest man Ananda Krishnan has
quietly initiated a number of deals that have left observers
perplexed but earned him a reputation of being an impeccable
timer of markets.

Now Ananda, as he is known in business circles, is again in
the midst of a mega-asset sale that is shrouded in secrecy and
has everyone guessing about the intent of the deal.

SINGAPORE (Reuters) – Senior officials arrested in a corruption investigation. Subway commuters trapped underground without light or proper ventilation. Flooded roads in the financial district.

It may sound like Indonesia or perhaps the Philippines, but this is Singapore — the wealthy island state that has long been the envy of those neighbours for its ruthless efficiency, clean government and high standard of living.

SINGAPORE (Reuters) – Senior officials arrested in a corruption investigation. Subway commuters trapped underground without light or proper ventilation. Flooded roads in the financial district.

It may sound like Indonesia or perhaps the Philippines, but this is Singapore — the wealthy island state that has long been the envy of those neighbours for its ruthless efficiency, clean government and high standard of living.

SINGAPORE, Oct 19 (Reuters) – India’s No.2 software services
exporter, Infosys (INFY.NS: Quote, Profile, Research), aims to double the revenue share
from Europe to 40 percent of its total sales by the end of its
2014 financial year, as cost-strapped global companies step up
outsourcing.

The Bangalore-based company, a pioneer in India’s $76
billion IT sector, has grown rapidly by employing thousands of
engineers in low-cost Indian centres and catering to overseas
firms, mainly based in the United States.

SEOUL/SINGAPORE (Reuters) – Just a few doors down from the Apple store in Sydney, where a long line of fans eagerly awaited the sale of the new iPhone 4S, another throng was gathering at a Samsung store.

Samsung was ambushing Apple at a temporary “pop up” store offering its new Samsung Galaxy S II smartphone for just A$2 to the first 10 customers each day in the run-up to the rival iPhone launch.

SEOUL/SINGAPORE (Reuters) – Just a few doors down from the Apple store in Sydney, where a long line of fans eagerly awaited the sale of the new iPhone 4S, another throng was gathering at a Samsung store.

Samsung was ambushing Apple at a temporary “pop up” store offering its new Samsung Galaxy S II smartphone for just A$2 to the first 10 customers each day in the run-up to the rival iPhone launch.

Oct 14 (Reuters) – Promoted to CEO just two weeks ago,
Michael Woodford was a star at Japanese camera and endoscope
maker Olympus Corp , where he joined as a salesman in a
British subsidiary more than three decades ago.

His bosses were so impressed by the Briton’s cost-cutting
efforts and deep understanding of the local culture that they
made him CEO, adding to the role he took in April of President
– the first non-Japanese to run Olympus.

SEOUL/SINGAPORE (Reuters) – South Korea’s LG Electronics hasn’t been so smart with its smartphone business. Its mobile phone division has suffered five consecutive quarterly losses, cutthroat competition is pressuring it to overhaul the business and its shares have plummeted.

The money-losing phone unit has also been a major value destroyer for LG shareholders. LG’s market value is only $7.5 billion, roughly one-third that of global rivals HTC Corp and Nokia, even though it also has sizeable TV and home appliances divisions.