Word: growth
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...very insightful [Sept. 21]. Western conglomerates can increase their sales exponentially by reinvesting tiny percentages of their profits toward savvy corporate social responsibility. However, in Asia's context, companies are lagging behind in the social-responsibility stakes. It's without question that Asia holds the key for the future growth of many corporate multinationals and they ought to invest more meaningfully in community service and social uplift. Imran Maqbool, Karachi...
...That kind of growth is hard to come by in the recession-wracked technology industry, and a crowd is starting to gather. Around the world, at least 17 e-readers are in development or already on the market. Among the better-known entrants is Asustek - the Taiwanese company practically invented the netbook category with its ASUS Eee-PC, and it is working on a product called the Eee-reader that it hopes to have on the market in time for Christmas. South Korea's two powerhouse consumer-electronics companies, Samsung and LG Electronics, are wading in too. Samsung earlier this...
...accounts proved the most dangerous for those closest to retirement. During the market downturn, the 401(k)s of 55-to-65-year-olds lost a quarter more than those of their 35-to-45-year-old colleagues. That's because in your early years, your 401(k)'s growth is driven mostly by contributions. You control your own destiny. But the longer you hold a 401(k), the more market-exposed it becomes. It's a twist that breaks the most basic rule of financial planning. (See 10 ways Twitter will change American business...
...prescription for fixing the 401(k), has its downside too. That's because of another unpleasant quirk of the 401(k), which was mentioned earlier: the older you are, the riskier a 401(k) gets. That's because contributions make up a very big part of the account's growth in the early years. Later on, once the account has grown, it is much more sensitive to market drops...
...Still, Hong Kong is determined to achieve recognition as Asia's wine hub. On Nov. 4-6, the city is hosting its second international wine and spirits fair. The fair is part of a broad effort to promote wine growth throughout the region, and even includes a tasting competition to determine what wines best complement traditional Asian dishes. Vintners and wine buffs, take note: with Asia rising, the flavors that please regional palettes could some day drive the decisions wineries make when growing, aging and blending their products. The West needs to face a sobering reality: Hong Kong...