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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (25655)	11/26/2007 12:17:45 AM
From: Maurice Winn	Respond to of 217656

Life here was much the same today - though it was a tribal picnic at Mission Bay on a beautiful early-summer day. < this parenting thing is fun.> And grand-parenting too. Today we were parenting 3 adult offspring and 2 grand children though the adults perhaps thought they were tending us more than the reverse. Another off-spring in London called in by low-cost cyberspace, who is now engaged to long-time defacto Aaron Chan - descendant of escapee from Mao's maelstrom who was fortunate to not be shot in the back while swimming to British Freedom, as you would have thought an excellent thing to happen. Interestingly, Aaron was a superlative swimmer, breaking all school records. With people like you shooting escapees in the back, one needs to be able to escape quickly. Family is fun. 200 metres over the grass from our picnic spot is the Mission House and some elderly Norfolk pines imported from Norfolk Island where my grand children's great great great grandfather sailed the Melanesian mission ship "Southern Cross" [contrary to what BS presumably thinks, and perhaps you do too, it was not a slave ship]. The children's great great great great grandfather had gone as the designated missionary to Norfolk Island from a little town in England with his family. Norfolk Island was independent and remains independent, though Australia is trying to do a Taiwan on it [without the threats of murder which China does towards Taiwanese]. Mqurice

To: TobagoJack who wrote (25655)	11/26/2007 1:40:06 AM
From: elmatador	Respond to of 217656

China takes 5% risk-sharing stake in the development of the A350. The $10 billion project is Airbus's attempt to catch up with Boeing's 787 Dreamliner in the fast-growing mid-sized jetliner market. Russia's Vneshtorgbank took a 5.02% stake on Airbus as a "manifestation of interest and confidence in the long run success of EADS." the purchase of €920 million worth of shares by Vneshtorgbank makes it EADS's largest noncore shareholder, twice as large as the next biggest, the U.S. fund management company Fidelity Investments, which owns a little more than 2 percent.

To: TobagoJack who wrote (25655)	11/26/2007 4:00:18 AM
From: elmatador	Read Replies (1) \| Respond to of 217656

ICBC poised for more expansion. Has "insufficient" assets overseas and seeks more investments abroad, President Yang Kaisheng said, even as he denied the lender plans to buy a stake in Standard Chartered Plc. ICBC, Construction Bank and Bank of China - had approached Temasek (Singapore) to buy a 17-percent stake. ICBC poised for more expansion Industrial and Commercial Bank of China Ltd has "insufficient" assets overseas and seeks more investments abroad, President Yang Kaisheng said, even as he denied the lender plans to buy a stake in Standard Chartered Plc. "ICBC will pursue a combined strategy of acquisitions and new projects in expanding overseas," Yang said at a finance conference in Beijing on Saturday. "Overseas diversification is an important way for Chinese banks to spread risks against cyclical economic downturns." Having raised 22 billion U.S. dollars in the world's largest share sale a year ago, ICBC, the world's biggest bank by market value, is expanding more aggressively than peers such as Bank of China Ltd. ICBC's 36.7 billion rand (5.4 billion dollars) purchase of a 20-percent stake in South Africa's Standard Bank Group Ltd is the biggest overseas investment by a Chinese company. "Overseas expansion is likely to continue as Chinese banks are seeking to build up their global presence," Bill Stacey, a Hong Kong-based analyst at Credit Suisse, told Bloomberg News yesterday, citing ICBC's forays in Indonesia and Macau. Yang joined China Construction Bank Corp Deputy President Luo Zhefu in denying a newspaper report that their banks planned to acquire a stake in Standard Chartered Plc from Temasek Holdings Pte, the Singaporean government's investment company. "We have no plans to buy a stake in Standard Chartered," Luo said, while Yang said the report was "just a rumor." The Financial Times reported that China's three biggest banks - ICBC, Construction Bank and Bank of China - had approached Temasek to buy a 17-percent stake. (Source: Shanghai Daily)