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中国通信機器大手、華為技術と中興通信が中国市場で海外ライバルを抜く 政府の3G重点投資
China's Telecom-Gear Makers, Once Laggards at Home, Pass Foreign Rivals (WSJ.com)
BEIJING -- Chinese telecom-equipment companies Huawei Technologies Co. and ZTE Corp. have long been laggards in their home market, despite success elsewhere around the globe. But now, thanks to government support for new wireless technology and an aggressive strategy of deeply undercutting competitors on price, the two are beating out rivals in the world's biggest cellular market by subscribers.
Huawei and ZTE are now ahead of big foreign firms like Telefon AB L.M. Ericsson, Alcatel-Lucent SA and Nokia Siemens Networks in the scramble for an estimated $59 billion of spending over the next three years on new third-generation wireless networks. So-called 3G technology enables high-speed data services such as wireless video and Web surfing.
... Analysts say Huawei and ZTE will likely double their combined market share to more than half of China's 3G revenue over the next several years, from just 25% to 35% of the revenue from construction of China's existing wireless network.
laggard: 落伍者
http://online.wsj.com/article/SB123932068946706913.html
米エマニュエル大統領首席補佐官、移民制度改革に前向き 推進派に鞍替え
Emanuel Now a Backer of Immigration Action (WSJ.com)
WASHINGTON -- As the White House gears up to push an immigration overhaul, advocates are finding they have an unexpected ally in White House Chief of Staff Rahm Emanuel.
Mr. Emanuel has long been a voice of caution on easing rules for immigrants, fearing such a position could hurt Democrats at the polls. That stance has antagonized Hispanic lawmakers and activists, who favor a clearer, easier path to citizenship for certain illegal immigrants.
... While Mr. Emanuel once predicted that comprehensive immigration reform wouldn't be considered until the second term of a Democratic president, he now says conversations on the issue will begin this year to lay the groundwork for possible action in 2010. The issue is also likely to arise next week when President Barack Obama travels to Mexico to meet with President Felipe Calderón.
immigration overhaul: 移民制度改革
http://online.wsj.com/article/SB123931821992806781.html
世界の贅沢品売上高、前年比10%減 09年予測、ベイン・アンド・カンパニー報告
Luxury Sales Expected to Decline 10% (WSJ.com)
Sales of luxury goods, everything from apparel, to jewelry and leather goods, could plunge globally by 10% this year to about $201 billion, according to a new estimate.
The forecast, to be released Tuesday by consultants Bain & Company, widens the decline that Bain had forecast just five months ago. Last October, it predicted a 7% world-wide sales drop, citing the economic downturn.
... The U.S., which accounts for roughly a third of luxury-goods sales, is one of the worst-hit markets. Bain expects U.S. sales of high-end clothing, accessories, tableware, cosmetics and jewelry will drop by 15% this year. That compares to expected sales declines of about 10% in both Europe and Japan.
luxury goods: ぜいたく品、高級品
http://online.wsj.com/article/SB123939180511509151.html
米銀ケープ・フィアー、経営破綻 09年で22行目
North Carolina's Cape Fear is 22nd bank to fail in '09 (MarketWatch)
SAN FRANCISCO (MarketWatch) - Wilmington, N.C.-based Cape Fear Bank was closed by regulators Friday, marking the 22nd bank failure of the year as the effects of the financial crisis spread throughout the economy.
Charleston, S.C.-based First Federal Savings and Loan Association of Charleston has agreed to assume all of the failed bank's deposits, the Federal Deposit Insurance Corporation said in a statement. Cape Fear Bank's eight offices will reopen Monday as branches of First Federal, the FDIC said.
Cape Fear Bank had roughly $492 million in total assets as of March 31, and $403 million in total deposits, the FDIC said.
http://www.marketwatch.com/news/story/North-Carolinas-Cape-Fear-22nd/story.aspx?guid=%7BA8DFFF59-E437-480E-9673-FFC030121DAB%7D
米ゴールドマン、来週にも新株発行を発表 公的資金を早期返済へ、ライバルへの圧力に
Goldman Sachs Stock Sale, TARP Repayment, Might Pressure Rivals (Bloomberg.com)
April 10 (Bloomberg) -- A Goldman Sachs Group Inc. sale of stock to speed repayment of $10 billion in government money will pressure other banks to follow suit or risk appearing dependent on federal support, analysts said.
The New York-based bank, scheduled to report earnings April 14, is considering announcing the share sale as early as next week, the Wall Street Journal reported today, citing unidentified people familiar with the matter. Lucas van Praag, a spokesman for Goldman Sachs, declined to comment.
A 47 percent gain in the company’s stock price this year and a return to profitability in the first quarter may help Chief Executive Officer Lloyd Blankfein raise new money, analysts said. That might let Goldman Sachs, the sixth-biggest bank, return the $10 billion it received in October from the U.S. Treasury’s Troubled Asset Relief Program and shake off compensation and hiring restrictions imposed on banks that took government aid.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a276IqV3sdnc&refer=home
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