FT.com - Companies Asia-Pacific
FT.com - Companies Asia-Pacific


Macquarie fund to sell airport stakes
Macquarie Airports, a fund managed by Australian investment bank Macquarie Group, posted a first-half loss and said it would reduce its stakes in two airports to cut debt, sending its shares up sharply

Investors slam shares of Babcock satellites
Investors punished shares of the satellite groups of Babcock & Brown a day after the parent company's decision to halt trading ahead of a review of the future of its board and management

Babcock board in question as shares plummet
Babcock & Brown, the embattled Australian investment group, is reviewing the future of its board and management in the wake of a fresh plunge in its share price

NOL hints at keeping Hapag-Lloyd brand
Neptune Orient Lines could retain the Hapag-Lloyd brand name after a takeover, the Singapore-based container carrier's chief executive has hinted, as it tries to calm German hostility to a potential deal

Tata sets sights on Citi Global Services
Tata Consultancy Services, India's top software exporter, is considering making a bid for Citigroup's back-office unit, people close to the IT group said

Japan warns iPod users of fire risk
Japan warned consumers over Apple's iPod Nano portable music player after one of its ministries received three reports of minor fires caused by overheating devices

BG opens new salient in Origin fight
BG Group has attacked Origin Energy, its Australian bid target, about its plans to set up a joint venture to produce liquefied natural gas, saying the venture would be threatened by delays and cost overruns

Qantas finance chief resigns
Qantas said Peter Gregg, its chief financial officer, would step down after he missed out on the top job at Australia's national carrier. Alan Joyce, head of no-frills subsidiary Jetstar, has been tapped to replace Geoff Dixon later this year

HTIL still sitting on $4.6bn in cash
Li Ka-shing's telecommunications company will decide by the end of the year what to do with the money it reaped from the controversial sale of its Indian arm to Vodafone

NOL chief has eyes on big merger prize
The contrasting headquarters buildings of Hapag-Lloyd in Hamburg and Neptune Orient Lines in Singapore illustrate the companies' differences

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