3G mobiles: the death of a standard

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Asian eBanking: Korea is the jewel in the crown

Despite recent difficulties in the Korean financial sector, retail eBanking has been an enormous success. The banks have been quick to invest in Internet infrastructure, and consumers have been happy to use it. But the opportunities are even larger, as Korean banks seek to move into the second generation of eBanking technology.

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Asian millionaires: a tough bunch

The number of Asian millionaires is still increasing, despite global market volatility. Asia's economies have seen strong economic growth, while income inequality has not diminished. The combination of evolving investor preferences, increasingly rich investors, and limited competition makes Asia increasingly seem the wealth management market to be in.

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CitiGold: life, but not as we know it

The $950 billion mass affluent market in Asia-Pacific is vastly underserved. Indeed, in CitiGold's target markets of Hong Kong, South Korea, Taiwan and Malaysia, HSBC's Premier service is the only serious rival. The US giant has beaten HSBC before in the wealth management market, and it looks set to do it again.

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Daewoo: a race against time for survival

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Daewoo: at least things can't get any worse

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Daewoo: suppliers cause production to stall

Suppliers of parts to Daewoo Motors have rejected an offer to end a boycott that has shut down South Korea's third largest automaker for three days - and they are unlikely to resume deliveries before new discussions kick of on September 4. The main problem is not so much the time frame for Daewoo to pay its outstanding bills of $700 million, but how much it will pay back.

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DaimlerChrysler: expand or implode

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General Motors/Daewoo: another twist in the tale

The US auto giant no longer wants all the Daewoo assets it agreed to take over in its September compromise agreement. The news adds further complications to a negotiation process that has already caused major turmoil in the South Korean economy.

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General Motors: that was the Daewoo

GM's deal signals the end to an 18-month old saga for the purchase of Daewoo Motors, which has been one of the major focus points over the past year. The ambitious plans certainly strengthen GM's globalization push; if managed correctly, this worldwide expansion could help the US firm stay ahead of its rivals.

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