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The Conference Board announced that the leading index for Korea declined 0.2 percent, while the coincident index increased 0.2 percent in March.
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GfK Custom Research North America and sister company GfK Custom Research China announced highlights of a recent global study indicating a mindset revolution is currently underway among Chinese consumers. The results suggest that this shift, led by the country's growing middle class, is altering purchase behavior in China.
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The Conference Board reports that the leading index for Japan increased 0.1 percent, and the coincident index decreased 0.8 percent in March.
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Developing Asia needs to strike a balance between providing immediate relief to shield the poor and vulnerable against rising food prices and in the short-term ensure inputs and credit are available to spur a strong supply response over the coming crop cycles, says a new report from Asian Development Bank (ADB).
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Xinhua Finance eziData China Consumer Confidence Index (CCCI) was updated, with the survey results showing that, under the pressure of unrelieved rising general prices and a fast falling stock market, Chinese consumer confidence failed to maintain the rebounding trend seen in the month before and fell again by 1.4 points in April to hit a new low of 94.9 since the survey started in April 2007.
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Xinhua Finance and Market News International, a part of the news service line of Xinhua Finance, announced the April Xinhua Finance/MNI China Business Sentiment Survey. After rebounding in March from the one-off effects of big spring snowstorms, Chinese business sentiment has plunged again as companies are caught between still-rising input costs and government measures to control inflation, results of the survey suggest.
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Zero2IPO Research Center recently released the "China Enterprises IPO Report Q1 2008". According to the report, during the first quarter of 2008, thirty-one Chinese companies achieved IPO status, raising a total of US$11.27B on two domestic markets and eleven overseas markets
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Zero2IPO Research Center, the research arm of Zero2IPO Group, recently published its ''China Merger & Acquisition Report Q1 2008''. According to the report, 29 transactions were closed in TMT, Bio/healthcare and Energy sectors, 23 of which disclosed a value of US$1.93B. In addition, there were ten cross-border deals, five of which disclosed a value of US$253.14M, considerably dropped during this quarter.
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According to the latest findings of the Grant Thornton International Business Report (IBR) 2008, mainland China has the highest number of privately held businesses expecting to grow through acquisition (67%) or IPO (60%) in the next three years, far above the global average. The results indicate that despite the current turbulence in the world financial markets, privately held businesses in mainland China are growing rapidly and seeking fund externally.
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Zero2IPO Group, a leading integrated service provider in China's venture capital and private equity industries, announced recently that China's VC industry remained at a relatively high level of development with funds raised and amount invested increasing substantially during the first quarter of 2008. In terms of exit strategy, both entrepreneurs and venture capitalists also made significant achievements.
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