BusinessWeek.com -- Asia



Sony Predicts Improved TV Sales (Mar 9)
The Japanese electronics giant raises its forecast by at least 67% thanks to consumer recovery


Japan's Broadest Economic Gauge Rises Again (Mar 9)
Japan’s broadest indicator of economic health rose for a 10th month, extending the longest streak since 1997 as exports fueled the recovery.


India's Next Outsourcing Wave (Mar 9)
To modernize after its crisis, the U.S. financial industry needs help from India's IT outsourcers more than ever, says Sudhakar Ram


Tata Motors Falls after Daimler Sells Stake (Mar 9)
Tata Motors Ltd., India’s biggest truckmaker, fell the most in a month in Mumbai trading after Daimler AG sold its stake, ending ties stretching back more than five decades.


Chinese Regulator Sees Pressure on Currency (Mar 9)
As speculative capital flows into the country, China’s top currency regulator says pressure is growing for a stronger yuan


Strauss-Kahn: China May Allow Stronger Yuan (Mar 9)
China may allow its currency to appreciate in coming months in line with its plan to boost domestic demand, the International Monetary Fund’s Managing Director Dominique Strauss-Kahn said.


China to Launch Foreign ETFs This Year (Mar 9)
China’s plan to introduce exchange- traded funds that track overseas stock indexes signals a push to create more opportunities for investors as the market matures, according to West China Securities Co.


Philippine Export Growth Accelerates to 14-Year High (Update2) (Mar 10)
Philippine exports rose at the fastest pace in more than 14 years in January as demand for electronics goods gained amid the global economic recovery. The peso climbed to an eight-week high.


Baoshan Steel First-Quarter Profit to Exceed Estimate, CICC Says (Mar 10)
Baoshan Iron & Steel Co., China’s biggest steelmaker, may post per-share earnings of 0.2 yuan in the first quarter, beating the market estimate, because of higher margins and rising product prices, China International Capital Corp. said in a report today.


Philippines May Keep Rate at 4%, Unwind Some Stimulus (Update1) (Mar 10)
The Philippine central bank will probably keep borrowing costs at a record low to support the economy’s recovery even as it prepares to pull back more stimulus measures.