Goldman profit falls by 53%

Goldman Sachs Group Inc, the world's biggest securities firm by market value, reported a smaller-than-estimated 53 percent drop in first-quarter profit after asset writedowns and lower fees from investment banking.

Visa IPO won't be hit by turmoil

Visa Inc, which plans to float its shares on the New York Stock Exchange today in the biggest US initial public offering ever, will not be deterred by market turmoil that has taken a severe toll in recent days, analysts said.

Try and try again as Fed seeks to calm the market

If this doesn't end the market panic, what will?

Biz people

Dimon gets a nice bargain

IN BRIEF (Page 16)

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Port city now also a hub for software and IT

The port city of Dalian in Liaoning province has taken long strides in its quest to become the leading software outsourcing service center in the country, Mayor Xia Deren said early this month.

Schools and companies join together for success

"Talented people are the most vital force in the software industry. Without qualified professionals, it is impossible for the industry to continue to prosper," says Wen Tao, president of Dalian Neusoft Institute of Information.

Cooperation cornerstone of Yida's growth

As the developer of Dalian Software Park (DLSP), Yida Group is proud of its cooperation with both the local government and its international partners in providing services to the city's IT sector.

Dalian operation a software park pacesetter

"We are developing a model software park for China," said Gao Wei, president of Dalian Software Park Co Ltd (DLSP) in Dalian, Liaoning.

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