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Biz Wire: Aug. 23

Aug 24, 2011
ON THE FRONT LINE
Groupon lays off workers 
Red cross image affects blood bank 
Is underground space safe? 

BIZ BUZZ
BofA stocks drop on NYSE after agreeing to keep at least half of its CCB shares
HK’s interest rates up the demand for China’s yuan-denominated assets
Shanghai Jahwa Group aims to raise USD 800 million by selling assets
ShengdaTech board members sue CEO in reverse merger case
Investigation: High-speed crash could have been avoided

MARKET PLACE
Taking salt out of saltwater 
Inflation affects mooncake sales 
House buyers delay purchases 

DEVELOPMENT REPORT
HK computer & communication festival 
Investing in snow flowers 
The city of swimsuits 

TRICKS OF THE TRADE TIP #37

QUESTION OF THE DAY
When will the iPhone 5 be released in China?
Where in China do CEOs have the highest salaries on average?

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