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Article: HONG KONG NEWSPAPER HIGHLIGHTS - DEC 1, 2008.
- Article from:
- AsiaPulse News
- Article date:
- December 1, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HONG KONG, Dec 1 Asia Pulse - Highlights of today's newspapers:
SOUTH CHINA MORNING POST:
- Private equity giant Kohlberg Kravis Roberts planned to invest about US$300 million in a greenfield dairy business on the mainland, market sources said, as the industry tries to recover from the tainted milk scandal.
- Three mainland-based companies have shelved plans to spin off their subsidiaries as the worsening financial crisis dampened investor sentiment, market sources said.
- The tinsel and carols have gone up to signal that Christmas is on the way, but for John, a banker, the past few weeks have been "a logistical nightmare".
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