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HPC Clusters Open New Markets for Microsoft in Asia

HPC Clusters Open New Markets for Microsoft in Asia Growing demand for inexpensive, high-performance server clusters is creating new opportunities for Microsoft in Asia, a company official said. A lot of the growth has been on the less-than-US$250,000 computer clusters, said Chris Sharp, Microsofts Asia-Pacific general manager of server and tools products, discussing the market for high-performance computing (HPC). We think thats the sweet spot for the things we can do. Growing demand for high-performance computing was spurred by Linux, which helped make high-performance computing capabilities more affordable, said Lawrence Liew, the chief technology officer of cluster specialists Scalable Systems in Singapore. However, Linux

Dell’s Asia push could slow with exec departures

Dell's Asia push could slow with exec departures SHANGHAI – Dell Inc.'s aggressive expansion in Asia has suffered a setback with the departure of the company's top regional executive to an upstart Chinese rival – its second high level departure in the past two months. A Dell spokeswoman said Steve Felice will take over as sole head of the company's Asian operations, following the departure on Tuesday of long-serving chief William Amelio, who left to take over as chief executive for Lenovo Group Ltd. Dell shares dropped 1 percent on the trading day after the change was announced, counter to a

Hong Kong-listed ICBC (Asia) H1 net up 18 pct on yr on net interest income

Hong Kong-listed ICBC (Asia) H1 net up 18 pct on yr on net interest income Industrial and Commercial Bank of China (Asia) Ltd said its net profit rose 18 pct year-on-year to 559.92 mln hkd on the back of higher net interest income and widening interest margins. Managing director Zhu Qi said net interest income for the period rose 44 pct from a year earlier to 820 mln hkd, due mainly to the widening of the interest margins by 37 basis points to 1.44 pct and an 11pct increase in interest-bearing assets. Zhu said there is potential for interest margins

ABS Mkt Needs More Issuers To Continue Growth

ABS Mkt Needs More Issuers To Continue Growth SINGAPORE (Dow Jones)--The Asian market for securitized assets needs more issuers if it is to continue the strong growth recorded over recent years, securitization professionals said Tuesday. "We just need products. We need to be able to show investors more products," said Warren Lee, head of Asian asset-backed securitization at Standard Chartered, speaking at the Securitization World Asia conference. Investors and economists say a glut of global savings - much of it coming from Asia - is driving demand for very high quality investments. But the Asian securitization market, excluding Japan

Indonesia Bonds Post Biggest Drop in Asia on Rising Oil, Rates

Indonesia Bonds Post Biggest Drop in Asia on Rising Oil, Rates Dec. 14 (Bloomberg) -- Indonesia's bonds fell more than any other government debt in Asia this year as the central bank raised interest rates to contain inflation. The $46 billion rupiah-denominated bond market in the world's fourth-most populous nation tumbled as Bank Indonesia increased its benchmark rate to 12.75 percent, the highest in the region. The central bank raised borrowing costs after President Susilo Bambang Yudhoyono removed some price controls on oil, causing inflation to reach a six-year high in November. ``The worst is not over yet and it is