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Chemical reaction may help Mukesh Ambani refocus

Mukesh Ambani’s Reliance Industries is considering an acquisition of LyondellBasell, the third-largest independent chemical producer in the world, which could be valued at about $6bn

Downturn could spread from Singapore’s ships to shore

Anyone wondering why Singapore has remained calm and prosperous while its economy gyrates wildly should raise their eyes from the streets and look offshore

Post-crisis crash faces car industry

GM’s move to keep Opel should not have come as a surprise when, even at the height of the crisis, it seemed reluctant to to give up control of its European operations, writes Paul Betts

Hong Kong property bubble still has room to grow

The IMF issued its annual report on Hong Kong, saying that it shared the government’s ‘concerns that a credit-asset price cycle could take hold, leading to a sharp run-up in prices for certain real and financial assets’

World View: Hong Kong property bubble still has room to grow

The IMF’s annual report on Hong Kong, said that it shared the government’s ‘concerns that a credit-asset price cycle could take hold, leading to a sharp run-up in prices for certain real and financial assets’, writes Tom Mitchell

GM manages to stay calm

While the short-term outlook for GM Daewoo looks much better thanks to an equity injection, the US carmaker still wants to secure more financing for its South Korea unit

World View: Nomura’s traditional ties

Investment bank Nomura is striving to shed its provincial ways and become a world-class lender but, when it comes to communicating, it is having trouble breaking with the past

Bankers must resist temptation to think bigger

Brussels could be setting the stage for a new wave of consolidation in the European financial services industry. By demanding that banks which were granted state aid during the crisis shed assets on competition grounds, the European Union risks fuelling a merger and acquisition revival that may not be in the best public interest

Winning over Canberra

The Australian government’s approval of Yanzhou Coal’s bid for Felix Resources provides pointers on how foreign deals need to be restructured to win backing

Sympathy for Beijing as Google book plan raises hackles

Now that Google has again fallen foul of a government-backed body, the China Written Works Copyright Society, sympathies are likely to be on Beijing’s side.

Cadbury should await a properly Krafted formal offer

Investors stick with China’s ICBC as bank stocks rise

Malaysian supply perfect fit for Indonesian demand

Nostalgia won’t bring the old Kleinwort Benson back

The burden of expectation on Italy’s auto superhero

Franco-German nuclear partnership still makes sense

China is driving German luxury carmakers’ return

Going the extra mile to tune into Indian TV

Glaxo’s flu profits come with a certain civic pride

Swings and roundabouts of Messier legacy