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Oct 6th 2008 Indonesia economy: Quick View - Exports continue to be supported by commodities
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How China could wreck the US economy
The recent bailout package being approved in the US Congress needs to be viewed in the context of the spurt in the accumulation of forex reserves of China by about $500 billion in the last six months to about $2 trillion in aggregate. This gargantuanmore
Asian stocks fall on fears about global economy
with Japan at a four-year low, as dealers fear ed for the health of the global economy despite a Wall Street bailout and as the credit crisis bites deeper in Europe. Lawmakers in Washington on Friday passed a 700 billion dollar package for the U.S.more
Sensex down to two-year low mark
Mumbai: As fresh fears surfaced over major pullout by foreign funds and possible recession in the US economy, Indian equities dropped to a two-year low Monday, dragging a key index below the crucial 12,000-point mark.The 30-share sensitive index of themore
VIDEO: Investors flee emerging markets
The Bric stock markets crumbled yesterday as investors in emerging market stocks including Brazil, Russia, India and China suffered their worst one-day losses in history. Exchanges in Russia and Brazil halted trading as their benchmark indices plummetedmore
China shares outlook - Lower on global economy worries
SHANGHAI (XFN-ASIA) - China shares are expected to open lower, following broad sell-offs on global markets as investors increasingly fear the global economy is slipping into recession, dealers said. The Dow Jones industrial average finished below 10,000more
Indian Sensex dips to two-year low due to U.S. crisis influence
MUMBAI, Oct. 6 (Xinhua) -- Indian equities dropped to a two-year low Monday, dragging key index below the crucial 12,000-pointmark,due to fears aroused by major pullout of foreign funds and possible economic recession in the United States. The 30-sharemore
As economy slides, Latvians gamble on inflation
As Latvia struggles with recession, betting on official monthly inflation figures has become an opportunity to strike it rich with bookmakers offering attractive odds. Internet users can place wagers on September year-on-year annual inflation figuresmore
Sensex crashes to its lowest in 2 yrs
Mumbai: Indian stock markets cracked under pressure emanating from the boiling global financial crisis, with the BSEs barometer Sensex tanking 725 points to trade at its lowest level in two years as foreign funds left in search of safer havens.Themore
Sensex at two-year low; dips by 725 pts
Mumbai, October 6: The exodus of foreign funds sent the country's stock market crashing down by 725 points, even as the global financial crisis continued to eat away confidence in the markets. The 30-share stocks barometer Sensex, which had lost 529.35more
ECCT Business Forum: EU-Taiwan trade measures to boost economies
Business> Asia > Taiwan TAIPEI, Taiwan ?? The implementation of an EU-Taiwan Trade Enhancement Measures (TEM) ag reement, similar to that of a Free Trade Agreement, would have a major positive impact on both the European and Taiwan economies,more
Philippine c.bank says inflation now set for...
MANILA, Oct 7 (Reuters) - Philippine central bank Governor Amando Tetangco said on Tuesday September consumer price data signalled that inflation was on its way down. 'The September inflation rate marks the turning point towards declining inflationmore
World Bank urges G7 be expanded to include leading developing economies
WASHINGTON - World Bank President Robert Zoellick says the G7 is outmoded and should be replaced. Zoellick says the Group of Seven should be expanded into a body that includes growing economies in Asia and Latin America. He says the financial crisesmore
S Korea:Will Soon Unveil More Measures To Stabilize Stock Market
SEOUL -(Dow Jones)- The South Korean government will soon unveil additional measures to stabilize the stock market for the medium to long term, a senior official at the Financial Services Commission said Tuesday. 'We're contemplating what we can do more.more
Philippine c.bank says inflation now set for decline
MANILA, Oct 7 (Reuters) - Philippine central bank Governor Amando Tetangco said on Tuesday September consumer price data signalled that inflation was on its way down. 'The September inflation rate marks the turning point towards declining inflation thismore
INSTANT VIEW-Philippines' Sept inflation at 11.9 pct yr/yr
MANILA, Oct 7 (Reuters) - Philippine consumer prices rose a lower than expected 11.9 percent year-on-year in September, easing from August's 12.5 percent and signalling that inflation in the Southeast Asian nation may have peaked. The September annualmore
Indian Sensex dips to two-year low due to U.S. crisis influence
dragging key index below the crucial 12,000-pointmark,due to fears aroused by major pullout of foreign funds and possible economic recession in the United States. The 30-share sensitive index of the Bombay Stock Exchange (BSE)Monday closed at 11,801.70more
Emerging market stocks fall most ever
Emerging market stocks fell the most ever and exchanges in Brazil and Russia were forced to halt trading as the global banking crisis escalated in Europe and oil dropped below $US90 a barrel. Brazil's Bovespa index tumbled 13%, while Russia's Micex Indexmore
India's Sensex dips to two-year low below 12,000 points
Mumbai, Oct 6: As fresh fears surfaced over major pullout by foreign funds and possible recession in the US economy, Indian equities dropped to a two-year low Monday, dragging a key index below the crucial 12,000-point mark. The 30-share sensitive indexmore
Sensex ends below 12K, nosedives by 724.62 points
Mumbai, Oct 6: The key benchmark Sensex today crashed below the 12,000 mark, ending in red at 11,801.70 on the Bombay Stock Exchange (BSE) with a big loss of 724.62 points on sustained offloading in all sectors by local bear operators, spurred by weakmore
Egypt finance minister wins key IMF policy post
WASHINGTON (Reuters) - Egyptian Finance Minister Youssef Boutros-Ghali was elected to chair the IMF's policy-setting committee, IMF board officials said on Monday, the first emerging country to ever hold the post. Boutros-Ghali beat India's Financemore
Indonesia Sept inflation up 12.14%
JAKARTA - INDONESIA'S annual inflation accelerated to a two-year high in September, leaving analysts divided over whether the central bank would raise interest rates again this week given the threat of the global credit crisis. Some analysts said withmore
Philippine c.bank says inflation now set for decline
MANILA, Oct 7 (Reuters) - Philippine central bank Governor Amando Tetangco said on Tuesday September consumer price data signalled that inflation was on its way down. 'The September inflation rate marks the turning point towards declining inflation thismore
Philippine c.bank says inflation now set for decline
MANILA, Oct 7 (Reuters) - Philippine central bank Governor Amando Tetangco said on Tuesday September consumer price data signalled that inflation was on its way down. 'The September inflation rate marks the turning point towards declining inflation thismore
INSTANT VIEW-Philippines' Sept inflation at 11.9 pct yr/yr
MANILA, Oct 7 (Reuters) - Philippine consumer prices rose a lower than expected 11.9 percent year-on-year in September, easing from August's 12.5 percent and signalling that inflation in the Southeast Asian nation may have peaked. The September annualmore
Philippine Sept inflation at 11.9 pct on yr
MANILA, Oct 7 (Reuters) - Philippine consumer prices rose an annual 11.9 percent in September, easing from a near 17-year high of 12.5 percent in August, the statistics office said on Tuesday. A Reuters poll this week had forecast September annualmore