Growth in Asia Boosts Standard Chartered

HONG KONG (Reuters) - Sta

HONG KONG (Reuters) - Standard Chartere

By Investanomics.com:Starbucks (SBUX) has plans for big growth once again. Starbucks is planning to launch an aggressive growth plan in Asia starting with China. Starbucks plans to triple its size in China from 470 mainland stores to 1,500. Starbucks is also looking to expand in South Korea by almost doubling stores from 370 to 700. Starbucks plans to implement this growth over a four year period.

Standard Chartered Plc, Britain’s second-largest bank by market value, agreed to pay US$327-million of fines, in line with the bank’s forecast, after regulators alleged it violated U.S. sanctions with Iran. After paying a US$340-million settlement in August to New York’s Department of Financial Services, the London-based company told investors on Dec. 6 it expected to pay about US$330-million on Dec. 6 to resolve other investigations. When banks dodge U.S. sanctions laws, they imperil our financial system and our national security

When it comes to estimates of China's growth rate, we could go with the local politburo propaganda which even China itself has admitted is goalseeked worthless drivel fit "only for reference", or we could listen to a megacap CEO, who actually is on the ground and whose business model depends on accurately predicting the underlying economic reality of the world's biggest nation.

HONG KONG (Reuters) - Standar