CNOOC pledge small step for China transparency, skeptics abound
SINGAPORE/HONG KONG - CNOOC's promise of transparency, pledged to win approval from Canada for its $15.1 billion purchase of Nexen Inc, looks like a positive step on the face of it but is unlikely to represent a sea change in Chinese business practices.
Found more than 1 month ago on channel Reuters
Canada Welcomes More China Energy Investment
Canada is open to future acquisitions by Chinese energy companies as it diversifies resource exports away from the U.S. and despite controversy over Cnooc's recent acquisition of Canada's Nexen.
The rough with the smooth
With the nature of what I do, extensive travel of the region is a must and a passion. Since the start of 2013 my time has been broadly divided between Singapore, Hong Kong, Korea and Indonesia amongst others, also taking in several countries in Europe and a rare Chinese New Year in the UK. My most recent trip led me to reflect on three topics that are permeating investor thinking, both in Asia and globally.
China Miner May Seek Toronto Potash Listing
Chinese miner Yanzhou Coal Mining may list its Canada potash assets in Toronto and will invest heavily to boost output at its Australian coal mines.
Top 20 Countries for Retirement Security
intro: The United States has ranked 19th among 150 countries listed by retirement security, behind many Eastern and Western European countries, according to Natixis Global Asset Management firm. The firm, headquartered in Boston and Paris, released its first Global Retirement Index on Thursday, measuring how well retired people live based on health measures, income levels, a country's financial state and quality of life. The analysis used data from the World Bank and United Nations. Tracy Flaherty, senior vice president with Natixis, said she hoped the analysis will spark a conversation between individuals, employers, pension plans, and policy makers about the need to reform or re-think retirement. "At the end of the day, there is a movement worldwide for people to take more personal responsibility for their retirement," Flaherty said. The U.S. finished with a final score of 74 percent. The top ranking went to Norway, which had an 87 percent score, according to Natixis. The company said ...
Found more than 1 month ago on channel Abc News