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eBay looks to Asia for growth

eBay looks to Asia for growth Online auction company eBay said it expects the number of Asia-Pacific users trading on its site to eventually outstrip that for the U.S. and Europe as Internet penetration grows, but it also predicts imminent competition. More than 30 million of the company's 181 million registered users worldwide are in the Asia-Pacific region, Chief Executive Meg Whitman said Thursday. "These are still small markets, but as Internet usage and broadband penetration increase, we see these markets growing bigger than our top markets currently," she said. And in markets like India, the company has seen a rise

Internationals lead Asia at Lexus Cup

Internationals lead Asia at Lexus Cup SINGAPORE (AP) - Sweden's Annika Sorenstam and American teenager Paula Creamer had a five-birdie round Friday, leading the Internationals to a 4-2 lead over Asia after the hosts crumbled down the back nine on the first day of the women's Lexus Cup team tournament. The top two players on the U.S. LPGA money list had been two-down for most of the front nine in the fourball alternate shot match against South Koreans Jeong Jang and Meena Lee, until International captain Sorenstam made a seven-foot downhill putt to save par and eat into the lead. ''That just totally

Europe’s golfers take big lead over Asia

Europe's golfers take big lead over Asia Europe's golfers established a stranglehold in the inaugural Royal Trophy against Asia on Saturday when they took a 6-2 overnight lead in the matchplay event. They collected a 3-1 lead in the morning foursomes, in which players take alternate shots and followed up with a similar advantage from the fourballs. Nick Faldo and European Ryder Cup captain Ian Woosnam, who have won seven major titles between them, were the only European losers earlier, crashing 6&5 to Thailand's Thaworn Wiratchant and Thongchai Jaidee. But both were paired with different partners in the fourballs where each competitor hits

H&Q Asia Pacific Retains MarketcomPR for U.S. Communications

H&Q Asia Pacific Retains MarketcomPR for U.S. Communications MarketcomPR today announced that it has been selected by H&Q Asia Pacific, a leading private equity firm that invests throughout the Asia Pacific region, as lead agency for communications in the U.S. In that role, MarketcomPR will develop communications initiatives to increase awareness of H&Q Asia Pacific among key audiences in the U.S., Europe and the Middle East including potential investors, deal sources, and potential partners. "We are pleased to have the opportunity to work closely with H&Q Asia Pacific in this important effort," said Gregory Miller, President of MarketcomPR. "H&Q Asia Pacific

UN report cautions Asia-Pacific economies against bubble burst

UN report cautions Asia-Pacific economies against bubble burst The United Nations economic and social commission for Asia and the Pacific (Unescap) has warned the regions governments to protect and prepare against sudden or unexpected market downturns rather than remaining complacent in the current atmosphere of prosperity. Asian countries have to stay alert despite the lull in financial markets recently, says Unescap in a new report titled the calm before the storm: managing the risks of an Asia-Pacific financial downturn. There are a number of new emerging risks which may lead to more stormy weather ahead, the report warns, citing possible