auction

Singapore''s government will auction four 3G licenses to mobile phone companies, enough to enable the island-state''s three incumbent operators and one newcomer to bid.

Chunghwa Telecom, Taiwan''s government-owned telecommunications company, starts first stage of IPO.

Hyundai Motor''s bid for Daewoo Motor is a non-starter. The company has neither the firepower nor the friends to win control and so keep foreign competition at bay.

Hyundai Motor (HM) is likely to be squeezed out of the Korean governmentÆs auction of Daewoo Motor