NEW YORK (Reuters) – Stocks fell slightly on Wednesday after a downgrade of Portugal’s credit rating, China’s interest rate rise and a soft report on the U.S. services sector sparked jitters about global growth prospects. [...]
World News
White House Tim Geithner Sonsidering Leaving The CNNMoney’s Jen Liberto, CNN’s Gloria Borger, Chief Political Analyst, and Jessica Yellin, Chief White House Correspondent, contributed to this report. Tim Geithner is considering leaving his post as [...]
The Vietnamese government announced it will spend $17 billion in 2009 in order to stimulate the Vietnam economy in the wake of the global economic crisis according to Bloomberg. While a portion of the spending [...]
Through cooperative agreements between Vietnam and Singapore, Saigon Securities, Vietnams leading securities brokerage plans to list on the Singapore stock exchange in 2008 according to the Wall Street Journal. In addition to Saigon Securities, Vietnam [...]
The people of Vietnam, despite the Vietnam government, protested on Sunday outside the China embassy over the partial claim of the Spratly and Paracel islands by the Chinese government according to AFP. The Chinese government [...]
The Thai government estimates that the most recent riots by ‘Red Shirt’ protestors has cost the Thailand economy as much as $2.9 billion in lost tourism revenue according to AFP. The loss to the Thai [...]
French based Danone has announced it is considering Thailand as its hub for exporting to Singapore and to expand its market-share in Thailand according to the Bangkok Post. A key driver of the move is [...]
Prime Minister Samak Sundaravej of the new Thailand government has suggested that he will work towards removing restrictions on foreign capital inflows according to The International Herald Tribune. Thailand investment limits were imposed in 2006 [...]
Thailand now ranks 15th, up from 13th in 2007, in the World Banks 2008 ease of doing business report according to The Nation. The key driver of the higher ranking for Thailand is the introduction [...]
New Zealand’s biggest producer of washers and dryers, Fisher & Paykel Appliances (F&P), plans to further invest in Thailand according to Bloomberg. In addition to the Thailand investment, F&P set up plants in Mexico and [...]
