Fri, Mar 02, 2007 News Editorials 629920544 visits
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    Wall Street rebound fails to curb Asian stock rout

    OPTIMISTS: Some economists in Asia attributed the latest sell-off to investors' anxiety over recent months rather than an actual downturn in economic prospects
    Asia's stock markets continued to tumble yesterday on concerns that a slowing US economy could spell trouble for Asia's export-dependent economies.

    [ FULL STORY ]


    US Federal Reserve outlook unchanged

    US Federal Reserve chairman Ben Bernanke told lawmakers a day after a global stock rout that his economic outlook was unchanged.

    [ FULL STORY ]


    Temasek to buy out Stats Chippac

    Temasek Holdings Pte, Singapore's state-owned investment company, offered as much as S$2.4 billion (US$1.6 billion) for shares in Stats Chippac Ltd, seeking to benefit from global demand for semiconductor services.

    [ FULL STORY ]


    Japanese cars lead in latest `Consumer Reports' rankings

    Consumer Reports' latest auto reliability survey and rankings have found overall domination by Japanese automakers, strides from Detroit, Michigan's Big Three and stumbles from Europe.

    [ FULL STORY ]


    Thai central bank to lift controls on foreign investment

    Thailand's central bank will lift controls on foreign investments in hedged baht-denominated bonds, mutual funds and property funds from March 15, Assistant Governor Nitaya Pibulratanagit said in a media briefing.

    [ FULL STORY ]


    World Business Quick Take

    ■ Restaurants
    McDonald's explores coffee
    [ FULL STORY ]


    Migrating north?
    Editorial Cartoon
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