
The Asia-Pacific Council of American Chambers of Commerce (APCAC) consists of 25 member AmChams that represent the growing interests of over 50,000 executives and over 10,000 businesses in 19 countries and economies of the Asia-Pacific region, shown on the Google Earth map to the right.
The APCAC membership manages trade volumes in excess of US$ 400 billion and direct investments (FDI) of nearly US$ 300 billion. Click here for information on APCAC’s current leaders.
APEC CEO Summit, Nov 16-19, 2006. Hanoi, Vietnam
An opportunity for CEOs to participate in the APEC Leaders’ meeting, the APEC CEO Summit is one of the most prestigious annual events of the region, providing opportunities for business leaders to hear presentations from and to engage in discussions with APEC leaders, policy makers, academia, and other CEOs on the most critical economic and business issues facing the region. Click here for information on APEC CEO Summit.
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South Korean Leads Race to Be U.N. Chief
Tuesday October 3, 2006
A U.N. straw poll saw major powers seal a bid by Ban Ki Moon, South Korea's foreign minister, to become the next secretary-general. (Bio)

North Korea Plans Nuclear Test
Tuesday October 3, 2006
North Korea said it will conduct a nuclear test as part of measures to bolster its self-defense, but didn't give a date for its plans.

Asian-Pacific Shares End Mixed
Tuesday October 3, 2006
Asian stocks closed mixed as a sharp falloff in crude-oil prices hurt energy shares and Sony weighed on Japan's Nikkei, but Hong Kong and Australia finished higher.

Thaksin Resigns From His Party
Tuesday October 3, 2006
Thaksin resigned from his Thai Rak Thai party after more than 200 colleagues quit the crumbling organization following a military coup.

Nintendo Raises Profit Outlook
Tuesday October 3, 2006
Nintendo raised its profit outlook for the first half and full fiscal year and lifted its dividend plan, due to strong sales of its Nintendo DS hand-held game machine and software.

Steelmakers Want China to Rein In Production
Tuesday October 3, 2006
Steelmakers urged production restraint amid growing concern about global oversupply and increasing exports from China.

Napster Launches Japanese Service
Tuesday October 3, 2006
Napster launched a Japanese music-download service putting it in head-to-head competition with Apple in one of the world's largest music markets.

Morgan Stanley Acquires Nam Tung Bank
Tuesday October 3, 2006
Morgan Stanley acquired Nam Tung Bank from Bank of China, allowing it to offer derivative products, mortgages and corporate loans in China.

Siemens Steps In to Help Ex-Unit
Tuesday October 3, 2006
Siemens said it will create a $44.5 million fund to benefit workers of an ex-unit now owned by Taiwan's BenQ.

Japan's Firms Raise Outlook
Tuesday October 3, 2006
Japanese companies are feeling more optimistic about business conditions, lessening concern that the nation's economy might be losing momentum.

Indonesia's Inflation Rate Eased
Tuesday October 3, 2006
Indonesia's inflation rate eased slightly in September, reinforcing expectations that the central bank will cut its benchmark interest rate by a quarter to a half percentage point when its board of governors meets.

Taiwan's First Lady Cleared in Case
Tuesday October 3, 2006
A Taiwanese prosecutor indicted two businessmen for breach of trust, but cleared the wife of President Chen of involvement in a scandal surrounding the takeover of an upscale department store.

Idemitsu Sets Price Range for Its IPO
Tuesday October 3, 2006
Idemitsu set a price range for its IPO in Tokyo, hoping to raise up to $1.02 billion.

China's Purchasing-Manager's Index Rises
Tuesday October 3, 2006
China's purchasing managers' index rose to 57.0 in September from 53.1 in August.

Korea Posts Consumer-Price Inflation
Tuesday October 3, 2006
South Korea's consumer-price inflation in September was tamer than expected, partly because of lower international oil prices.

Yizheng Chemical to Detail Share Overhaul
Tuesday October 3, 2006
Sinopec Yizheng Chemical Fibre said it will launch a share-overhaul program to convert its nontradable shares into tradable stocks on the Shanghai Stock Exchange.

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