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United States Foreign Investments Asia

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BUSINESS
December 17, 1989 | From Associated Press
Will the next generation of Asians shun curbside noodles, curries and other indigenous food in favor of American burgers and fried chicken? Although the answer is still inconclusive, a recent U.N. report says American fast food has made major inroads across Asia.
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BUSINESS
July 21, 1998 | EVELYN IRITANI, TIMES STAFF WRITER
High-flying Colony Capital Inc. has teamed up with two Los Angeles real estate firms with Asian aspirations--Oakwood International and Kennedy-Wilson Inc.--as part of its global push to invest more than $1 billion in the coming year, one of the most prominent examples yet of U.S. real estate investors prospecting for opportunities in troubled Asian markets.
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BUSINESS
April 22, 1991 | GEORGE WHITE, TIMES STAFF WRITER
American firms are streaming to the Middle East in a frantic quest for up to $100 billion in construction contracts to repair war-torn Kuwait over the next five years, a rebuilding program touted as the most expensive in history. However, amid recent announcements by Taiwan, the Kuwaiti reconstruction effort may not even be the most expensive building program of the 1990s.
NEWS
July 16, 1998 | ART PINE, TIMES STAFF WRITER
The political vacuum in Japan after the resignation of its prime minister Monday has heightened worries that the United States, which so far has mainly benefited from Asia's economic woes, might start feeling their sting more harshly than previously expected. Until now, Americans have largely escaped serious harm from the Asian crisis. If anything, Asia's economic problems have created an embarrassment of riches on this side of the Pacific.
BUSINESS
October 26, 1992 | CRISTINA LEE
To his Vietnamese-American clients, he is "Ong James," and those from Japan respectfully call him "James san." Regardless of how they address James Albert Davidson, they greet the 49-year-old lawyer with friendship and respect. And that's fine with Davidson, who helps put together deals between U.S. and Asian companies.
BUSINESS
January 6, 1998 | From Bloomberg News
A number of U.S. companies, including Bowater Inc., Procter & Gamble Co. and Unocal Corp., are boosting their investments in Asia, betting that the world's fastest-growing consumer market will bounce back from economic crisis. Bowater, the largest U.S. newsprint maker, said Monday that it's in talks to acquire a significant interest in a newsprint mill owned by Halla Pulp & Paper Co.
BUSINESS
January 9, 1997 | DONALD W. NAUSS, TIMES STAFF WRITER
General Motors Chairman John F. Smith said Wednesday that the auto maker is undertaking its biggest international expansion in history while stepping up research into a wide variety of advanced-technology vehicles. Smith told reporters at the North American International Auto Show here that GM is pursuing new ventures in the growth regions of Central Europe, Latin America and the Asia-Pacific.
BUSINESS
May 5, 1995 | MAGGIE FARLEY, SPECIAL TO THE TIMES
MCA Music Entertainment Group--the last of the major music companies to go global--is hoping to fast-forward with a rapid expansion in Asia, Chairman Al Teller said this week. "We're the last of the six majors to build a truly international infrastructure," Teller said at the opening of the firm's Asia/Pacific regional headquarters in Hong Kong.
BUSINESS
June 13, 1994 | KARL SCHOENBERGER, TIMES STAFF WRITER
A T-shirt noticed recently in Singapore by Steve Craven, senior commercial officer at the U.S. Embassy, seemed to sum up a prevailing value in that trade-rich city-state. Starting with big letters at the top and repeating in descending rows of smaller and smaller type, it declared: "MONEY, money, money, money, money . . ."
BUSINESS
January 6, 1998 | From Bloomberg News
A number of U.S. companies, including Bowater Inc., Procter & Gamble Co. and Unocal Corp., are boosting their investments in Asia, betting that the world's fastest-growing consumer market will bounce back from economic crisis. Bowater, the largest U.S. newsprint maker, said Monday that it's in talks to acquire a significant interest in a newsprint mill owned by Halla Pulp & Paper Co.
BUSINESS
November 29, 1997 | From Bloomberg News
Banks, brokers, fund managers and insurers in the U.S. and Europe are taking advantage of tumult in the Asian markets by buying regional counterparts at bargain prices. Companies ranging from NationsBank Corp. and United Asset Management Corp. in the U.S. to Credit Suisse Group and Germany's Commerzbank are among those saying they're looking to buy.
BUSINESS
September 14, 1997 | JAMES FLANIGAN
Turmoil in Asia's economies is spilling over to U.S. financial markets, causing roller- coaster price swings. The bright hopes of developing countries are put on hold; the mysterious paralysis of Japan's once-admired economy drags on. Yet the U.S. economic future lies in expanding trade with those countries, said President Clinton last week in calling for authority from Congress to make more trade-opening agreements, particularly in Asia and Latin America.
BUSINESS
January 9, 1997 | DONALD W. NAUSS, TIMES STAFF WRITER
General Motors Chairman John F. Smith said Wednesday that the auto maker is undertaking its biggest international expansion in history while stepping up research into a wide variety of advanced-technology vehicles. Smith told reporters at the North American International Auto Show here that GM is pursuing new ventures in the growth regions of Central Europe, Latin America and the Asia-Pacific.
BUSINESS
November 24, 1996 | JAMES FLANIGAN
They couldn't have picked a better place than Manila to host the Asia-Pacific economic summit. The Philippines, a poor country with a rapidly growing economy, reflects many of the promises and problems of Asia's development. Cheap labor is still the Philippines' main asset in attracting investment and increasing economic growth, whereas neighboring nations such as Malaysia have moved further up the chain of modern industry to sophisticated multimedia products.
BUSINESS
October 6, 1995
Fluor Corp. said Thursday that its Fluor Daniel subsidiary has formed a partnership with Hitachi Ltd. of Japan to provide engineering and construction services for pharmaceutical companies relocating or expanding into Asia and Europe. A particular focus of the new alliance will be Japan's pharmaceutical industry, which represents $35 billion of the worldwide $250-billion pharmaceutical market.
BUSINESS
September 14, 1997 | JAMES FLANIGAN
Turmoil in Asia's economies is spilling over to U.S. financial markets, causing roller- coaster price swings. The bright hopes of developing countries are put on hold; the mysterious paralysis of Japan's once-admired economy drags on. Yet the U.S. economic future lies in expanding trade with those countries, said President Clinton last week in calling for authority from Congress to make more trade-opening agreements, particularly in Asia and Latin America.
BUSINESS
December 18, 1992 | JAMES M. GOMEZ, TIMES STAFF WRITER
McGaw Inc., a privately owned manufacturer and supplier of nutritional and intravenous products, said Thursday that it has signed a licensing agreement with a Taiwanese drug company to make and sell a line of McGaw's products in Asia. The 10-year agreement, which still needs approval by the Taiwanese government, would give McGaw an unspecified amount of royalties on about $13 million a year in sales anticipated from the pact.
BUSINESS
June 14, 1995 | DAN MARGOLIS
Carl's Jr. restaurants will expand into 16 Asian nations through a joint venture between the Malaysian financial group MBf Holdings Berdad and CKE Restaurants Inc., the parent company of the fast-food company said. CKE will have a 30% interest in the restaurants and receive royalties on the gross sales. CKE will provide operating expertise but will not contribute capital to the new venture. "We view this development as a positive step toward further building the Carl's Jr.
BUSINESS
May 6, 1995 | MAGGIE FARLEY, SPECIAL TO THE TIMES
MTV, without Beavis and Butt-head, has reached Asia. The company on Friday launched its seventh international network, MTV Asia, featuring videos from Mick Jagger to Indian pop artist Baba Seghal, and multilingual video jockeys who slip in and out of Hindi, English and Chinese. The mostly English-language music channel will reach an estimated 5 million televisions from India to Indonesia via satellite.
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