Saturday, 6 December 2008
Deals Worth Billions Threatened by China-Europe Disputes
While China and the US are making progress in their Strategic Economic Dialogue, billions of Euros worth of deals between China and Europe and France may be threatened due to disputes that have arisen between the two trading partners.
Coal Price Plummet Set to Continue, Defying Stimulus Plan
With the steep slowing of the power, steel, and non-ferrous metal industries in China, coal prices dropped sharply in November. Now the price for high-rank power coal has dropped by about 50% from its peak, and the trading volume is falling. The 4 trillion yuan rescue package will not immediately change the shrinking demand, and prices will continue to drop.
Friday, 5 December 2008
China Shuts Down over 300 Phishing Websites
Spike in such sites seen since late Sep, as financial crisis has been rapidly growing, many criminals took the chance to illegally attack above-mentioned websites by using phishing ones.
Asian Carmakers Don’t Want Big 3 to Fail
The top automakers in Asia would not welcome the collapse of one or even all of their three big Detroit rivals, though those who follow the industry expect the likes of Toyota, Honda and Hyundai to gain market share in the long term.
Investors Drain $12B from Mutual Funds
Investment research firm says money flowed out of both stock and bond based mutual funds last week
Lower Mortgage Rates Aren’t the Answer
The Treasury’s plan to make home payments more affordable doesn’t address the main problems with the housing market
Warning over Internet Painkillers
UK experts have warned of the dangers of purchasing drugs online in response to a study showing wide availability of strong painkillers over the internet.
‘A year ago, getting a loan was easy as a whistle ... but now, bankers are singing a different tune’
Leaving a banker’s office empty-handed was almost unheard of during the good times for city property developers. But the situation has since changed as the global economy heads into recession.
2nd Hand Smoke Hurts Fertility
Women who breathed in second-hand smoke as children or young adults were later more likely to have trouble getting pregnant and suffer more miscarriages than women not exposed to smoke, US researchers reported on Thursday.
Government Rebuts WSJ Editorial
Judiciary cannot be denigrated under the pretence of free speech, it says
Happy? Spread it Around
Hapiness is infectious and can ‘ripple’ through social groups such as family and friends - but work colleagues are apparently immune to each other’s moods, according to a study published on Friday.
Nissan to be Hit Next?
A financial collapse of the US auto industry could have a major impact on Nissan operations in North America, officials from the Japanese automaker said on Thursday.
Macau property bubble has burst, and it’s a long way down to the bottom
An eye-in-the-sky view of the growing casino trade
Southeast Asia’s New Nightlife Capital - Jakarta?
New venues like Buddha Bar and Cork & Screw may soon see Indonesia’s capital challenging more cosmopolitan centres in the region
Next Quarter Set to Worsen
Singapore could face its single worst quarter of growth next year an economist has said.
PM Defends Temasek, GIC
Prime Minister Lee Hsien Loong on Friday defended the performance of state-owned investment companies after a plunge in the value of their stakes in Citigroup, Merrill Lynch & Co and other global banks.
What else can he say? As if he will criticise his wife in public?
What else can he say? As if he will criticise his wife in public?
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