International Prospect Research News (27 April 2012)
Storified by · Fri, Apr 27 2012 05:32:12
Search Engines
Yahoo Japan: Same name, very different company | The Japan Times OnlineAlthough they have similar names and operate Web portals with a variety of services, Yahoo Japan Corp. is in many ways a very different c…
Google shutting out rivals, claims Russian search engine YandexYandex co-founder says US tech giant is ‘semi-open’, criticising its Android smartphone platform and Chrome web browser. By Josh Halliday
The FT reported Yandex is expanding into other European markets, starting with Turkey:
Yandex takes on Google in TurkeyCan a regional internet giant find success in a foreign market? This is the question that Yandex, the Russian search engine, is asking as…
Wealth and Power Lists
Korea’s 40 Richest, 2012Korea’s 40 richest are worth a combined $66 billion.
New Forbes list of 40 wealthiest S. Koreans includes an entrepreneur this time [WSJ] http://ow.ly/1LhhGp #prospectresearchBeth Bandy
Samsung family in public spat over inheritance | The Jakarta PostSamsung family in public spat over inheritance Youkyung Lee, Associated Press, Seoul, South Korea | Tue, 04/24/2012 6:55 PM A feud over t…
China’s Richest Man Delivers A 76% Gain In 1st-Quarter Profit At Baidu – ForbesChina search engine Baidu, led by the country’s billionaire entrepreneur Robin Li, said today net profit in the first quarter rose by 76%…
Taiwan Billionaire’s Pou Sheng Lets The Other Shoe Drop; Shares Fall With It – ForbesAs reported in Lujiazui Breakfast back on April 11 (see link here), Pou Sheng International Holdings – the footwear distributor in China …
Brazil wealthy set to double in 11 years – FT.comAt the Fazenda do Haras Larissa, the mood among the well-heeled crowd is tense with anticipation. The vast luxury rural development in th…
Real Estate
What R$10,000 Rents in Rio 2012By Ségolène Poirier, Contributing Reporter RIO DE JANEIRO, BRAZIL – After the 34.9 percent surge of Rio’s 2011 rental market, it is hard …
$2.85 Billion Lending Fund Announced to Sidestep China’s Tough Stance on Developer CreditShanghai-based Noah Holdings (NYSE: NOAH) sees a golden opportunity to broaden its revenue base by launching a real estate lending fund t…
The following article from Bilan discusses a new report on property in Switzerland.
"Une expansion spectaculaire"Bilan Avec une croissance des surfaces de 71% entre 2000 et 2010, l’expansion des centres commerciaux a-t-elle été trop forte? PK Cette e…
Savills Opens Office In Taichung, Sees Rise In Taiwan Projects In Mainland – ForbesUK-based real estate consultancy Savills opened an office in the central Taiwan city of Taichung yesterday, eyeing developers there that …
Business and Finance
Private Equity in China, 2012: CFC’s New Research ReportAround the time of Confucius 2,500 years ago, the Greek philosopher Heraclitus wrote, "Nothing is permanent except change." It’s a perfec…
Brazil’s tale of two IPOsBrazil’s first two IPOs of the year couldn’t have been more different. First there was Locamerica, a car rental company looking to raise …
Santander Prepares Record Mexico IPOSpain’s Banco Santander is drawing up plans to sell a chunk of its fast-growing Mexican unit within a year, people familiar with the plan…
The following article from AETecno discusses the current “big moment” for tech startups — and their funders — in Brazil.
El gran momento para los startups tecnológicos en Brasil | AETecnoPublicado el Lun, 23/04/2012 – 6:13pm | Reuters Una abundante oferta de capital empieza a inflar los precios de los startups de internet …
Swiss Bank Must Forfeit U.S. FundsWegelin & Co., Switzerland’s oldest bank, must forfeit about $16 million held in a U.S. bank account after U.S. prosecutors accused it ea…