AMSTERDAM (AP) — Global stock markets sold off Friday as investors were spooked by a possible slowdown in emerging economies, the main engine of growth since the 2008 financial crisis, and the prospect of tighter monetary policy in developed countries. If interest rates in the U.S. or Europe rise, huge investment flows are likely to...
BANGKOK (AP) — Japan’s benchmark stock index fell Friday while markets elsewhere in Asia were quiet or closed, two days after the Fed announced it would keep its unprecedented stimulus program in place. The Nikkei 225 index in Tokyo gave up early gains and fell 0.2 percent to 14,736.44. Markets elsewhere also ran out of...
Now that its economy is freed from theBurmeseWay to Socialism, can the country get rich before it gets old? There are many reasons why Burma should in principle be able to grow very fast for two decades if it can capitalize on change and catch up with neighbors such as Thailand and China. But amid...
TOKYO (AP) — The dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving Japan’s sluggish economy and improved U.S. economic figures. The U.S. dollar rose as high as 101.30 yen, the first time since April 2009 that the greenback has traded above...
The world’s salesmen, take note writes Asia Sentinel For at least 50 years, the world’s salesmen have been mesmerized – largely to no avail – with the idea of 1.3 billion Chinese consumers, a market so vast it is almost unimaginable. It has also mostly been a market too tough to crack. Today, however, as...
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