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Archive for March 23rd, 2008Asian giants seen keeping US trove despite dollar plungePosted by UK Economy News
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23Mar 08 With the dollar plunging and the Federal Reserve slashing interest rates, markets are on alert for any signs that foreign investors, particularly in Asia, are buying fewer US assets.
Read full story Comments Off Vietnam’s overheating economy, victim of its successPosted by UK Economy News
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23Mar 08 The communist government in Vietnam, showered with praise for posting a booming 8.5 percent growth rate last year, is now facing a tough challenge -- how to keep its economy from overheating.
Read full story Comments Off ‘Green’ cars boost Thai auto industryPosted by UK Economy News
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23Mar 08 Incentives from the Thai government to encourage automakers to produce fuel-efficient "eco-cars" have yielded a raft of major investments and started to change how Thais drive, experts say.
Read full story Comments Off With elections looming, Alitalia takeover is cause celebre in ItalyPosted by UK Economy News
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23Mar 08 An "arrogant" takeover bid by Air France-KLM for the near-bankrupt Italian flagbearer Alitalia has become a cause celebre in Italy's election campaign with the vote just three weeks away.
Read full story Comments Off Excess cash, peg to weak dollar fuel Gulf inflationPosted by UK Economy News
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23Mar 08 Abundant liquidity, triggered by sharply higher oil revenues, and the effect of currencies pegged to a weakening dollar are fueling inflation in the Gulf region, economists say.
Read full story Comments Off Light at end of tunnel or false dawn?Posted by UK Economy News
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23Mar 08 The world economy may be in for a painful reality check this week, should a heavy slate of housing-related data point to more mortgage malaise.
Read full story Comments Off Can a ‘decoupled’ world cure a sneezing US?Posted by UK Economy News
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23Mar 08 A looming recession in the United States poses a vital question about recent changes in the global economic landscape: has the rest of the world broken its dependency on the US motor?
Read full story Comments Off S Korea’s Hyundai says it will mass produce hybrid in 2009Posted by UK Economy News
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23Mar 08 South Korea's top car maker Hyundai Motor said Sunday it would begin mass producing hybrid cars next year amid growing demand for fuel-efficient and environmentally friendly vehicles.
Read full story Comments Off Carlyle and KKR reportedly keen on ExxonMobil/Shell’s InfineumPosted by UK Economy News
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23Mar 08 Carlyle Group and Kohlberg Kravis Roberts are among several private equity firms keen on British biofuel additives producer Infineum, the Telegraph reported on Sunday.
Read full story Comments Off Vodafone reportedly wants stake in South Africa’s MTNPosted by UK Economy News
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23Mar 08 Global mobile phone giant Vodafone is in preliminary talks seeking a stake in South African-based cellphone company MTN's international operations, a newspaper reported on Sunday.
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