Archive for March 23rd, 2008



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.
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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.
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‘Green’ cars boost Thai auto industry

Posted by UK Economy News
In Uncategorized
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.
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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.
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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.
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Light at end of tunnel or false dawn?

Posted by UK Economy News
In Uncategorized
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.
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In Uncategorized
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?
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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.
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Carlyle Group and Kohlberg Kravis Roberts are among several private equity firms keen on British biofuel additives producer Infineum, the Telegraph reported on Sunday.
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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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