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Outlook Business Magazine
Outlook Business Magazine, October 4, 2008
Outlook Business Magazine, October 4, 2008 |
| Magazine - Outlook Business Magazine | |
| Friday, 03 October 2008 | |
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With expert views which not only gives you an insight of the current business dynamics but also analyzes the impact & implications that it would have on your business. (indiatimes.com) Economy & Policy Company results seldom inspire literary turns of phrase, and starkly prosaic balance sheets almost never lend themselves to poetic invocations. But last fortnight, when Industrial and Commercial Bank of China (ICBC), the Middle Kingdom’s biggest bank, announced its half-yearly results for 2008, the numbers reflected the same lyrical sentiment about the unbridgeable distance and dissonance between "the East" and "the West" that Rudyard Kipling gave voice to in another time. For, in a year when banks in the West are drowning in a sea of sub-prime defaults or writing down billions of dollars in losses, ICBC has risen like a Red Star on the eastern horizon to become the world’s most profitable bank. Its net profit in the first half of the year soared 57% to 64.5 billion yuan ($9.4 billion); the bank it displaced at the top spot, HSBC, saw its first-half net profit plunge 29% to $7.7 billion. ... Marx to market Politics of regress Infrastructure & Realty View Outlook Business Magazine, October 4, 2008 Full & free, published by Outlook Group. Click the "PDF" button, you can download the entire magazine in PDF format. Interviews ‘Regions are a more relevant economic unit than nations’ Read Outlook Business Magazine, October 4, 2008 Online Companies & Industry Visit Outlook Business Magazine Website Outlookbusiness.com: India's business magazine for decision makers Bookmark
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