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Hong Kong’s Octopus Surfaces in Middle East; Challenges Continue at Home

The United Arab Emirates hopes to complete a contactless smart card system for its roads and public transportation system by the end of 2009 with the help of Octopus Knowledge Ltd. and the Electronic...

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Intel invests $12 mil in Shanghai Media Group

SHANGHAI — Intel Capital, Intel’s global investment group, has invested $12 million in the Shanghai Media Group for the development of the media conglomerate’s broadband TV services, SMG said late...

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Olympics equal gold for Baidu Q2

Advertising could slow during Games SHANGHAI — Baidu.com, China’s top search engine, oposted an 87% surge in quarterly profits Thursday, boosted by Internet traffic growth ahead of the Beijing...

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‘SpongeBob’ returning to China’s CCTV

Viacom adding ‘never before seen’ episodes for total of 30 SHANGHAI — Nickelodeon’s “SpongeBob SquarePants” will return to China Central Television in January. The American animated children’s series...

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Globecast shows CCTV in France

CanalPlus deal brings channel 4 million more viewers SHANGHAI — France Telecom subsidiary GlobeCast will carry Chinese national broadcaster CCTV’s French-language channel CCTV-F in Europe, the...

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China’s Youku pacts for 1,000 TV series

Top video site will offer mix of genres SHANGHAI — China’s top video Web site, Youku.com, has inked deals with producers of more than 1,000 TV series producers to put 40,000-plus episodes online,...

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CME Will Offer Dubai Mercantile Exchange Contracts

The Chicago Mercantile Exchange (CME) announced Nov. 10 that all Dubai Mercantile Exchange (DME) contracts, including Oman crude oil futures, will begin trading on the CME Globex platform in...

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Omgeo Launching Korean Trade Processing Bureau

Trade management servicer Omgeo has announced a joint venture with the Korea Securities Depository (KSD) to provide investment firms in that country with automated trade matching and processing. Slated...

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Instinet Adds Hong Kong Stocks to Asian Venue

Agency brokerage Instinet said last week that it is offering Hong Kong equities on CBX Asia, an alternative trading platform that was previously limited to Japanese stocks. Instinet, a subsidiary of...

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IBM Supplying Risk System to Chinese Securities Firm

IBM Corp. is building a risk management system for Guotai Junan Securities in collaboration with Algorithmics, a Toronto-based provider of enterprise risk solutions. IBM says that the risk system for...

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China Opens Avenues for Foreign Companies

China has taken major strides toward opening up its financial markets, allowing foreign companies to issue stocks and bonds on the mainland, tripling the allotment for foreign investors, and easing...

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On-Demand CRM Model Is In Demand

Web-based applications offer a customizable alternative Customer relationship management (CRM) company Salesforce.com’s software-as-a-service model went a long way toward showing major Wall Street...

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On-Demand CRM Model Is In Demand

Customer relationship management (CRM) company Salesforce.com’s software-as-a-service model went a long way toward showing major Wall Street firms that Web-based applications can be useful and...

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New Zealand Readies Infrastructure for Australian ECN

Bolstering its infrastructure in anticipation of the launch of the AXE electronic communications network (ECN) in Australia, the New Zealand Exchange (NZX) has added hardware from Stratus Technologies...

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IBM Supplying Risk System to Chinese Securities Firm

IBM Corp. is building a risk management system for Guotai Junan Securities in collaboration with Algorithmics, a Toronto-based provider of enterprise risk solutions. IBM says that the risk system for...

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