Now batting: Asian baseball in the U.S

Article Abstract:

US Major-League Baseball scouts are looking for talent in Asia. Leon Lee, who was hired away from the St. Louis Cardinals in the 1970s to show the Japanese how to play the sport, is surprised at how big and strong the Asian players have become. Scouts are beaming at the prospects since players also have become more lucrative. There are already 29 Japanese and Korean players that have been signed to play for the major and minor leagues in the US since 1995. The New York Yankees' John Cox is eyeing China to produce major-league stars as well.

Labor force information, Asia, Sports Teams and Clubs, Sports clubs, managers, & promoters, Professional Baseball, College sports, Baseball (Professional), Baseball scouting

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HSBC-Seoulbank talks end

Article Abstract:

HSBC Holdings PLC and the South Korean government have failed to reach an agreement on the sale of the troubled Seoulbank to HSBC. The failure of the negotiations is seen as a setback in the reform of the country's banking sector and a chance to bring in foreign expertise into the ailing financial services industry. Apprehensions have also been raised concerning the delays of the sale of Korea First Bank to US investment firm Newbridge Capital.

United Kingdom, Commercial Banks, Commercial Banking, South Korea, Asset sales & divestitures, Acquisitions & mergers, Banking industry, Mergers, acquisitions and divestments, HSBC Holdings PLC, Seoulbank

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