Category: FinanceAsia
Mugabe denies owning property in Asia, Europe
APA-Harare (Zimbabwe) Zimbabwe President Robert Mugabe has denied owning property in Hong Kong, insisting that the house mentioned in international media reports was being [...]
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Govt exceeds domestic borrowing ceiling
The Philippines has exceeded its domestic borrowing programme last year as the government sold more debt papers to avoid a wider deficit, Department of Finance (DOF) data [...]
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Dell sees 2009 contraction in Asia amid sales slump
Dell Inc expects its Asia revenue to fall this year, amid heated competition and the global slowdown, but it still expects to pick up share in the PC markets in China and [...]
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Swaps, loans have added “ammunition” to rupiah
Indonesia’s loan and swap commitments have given ” ammunition” to the battered rupiah, while the high yield premiums on Indonesia’s dollar bond [...]
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Asia leads December fall in business travel: IATA
ASIA continued to show the greatest decline in business travel in December 2008, although the current recession originated in the West. This is largely due to the importance [...]
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Stimulus can absorb 3m new workers
The government expects its stimulus package to absorb an extra 3 million workers amid large scale layoffs from companies hit by the global economic downturn. On late Tuesday [...]
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Mainland top job assignment location in Asia, survey says
The Chinese mainland has become the most favoured job assignment destination in Asia for multinationals, according to a survey released by accounting firm [...]
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Inside AIG’s Asia garage sale
Government-controlled insurer confronts rumours, explains troubles. When American International Group announces earnings next week, Wall Street will expect a disaster. This [...]
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Airlines to release full-year results this week
Malaysia Airlines (MAS) and AirAsia Bhd are set to release their full-year results for 2008 by the end of the week. MAS is expected to announce its results tomorrow and [...]
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Best Western expands in Asia
Best Western is to open 14 hotels in Asia this year. The company will open hotels in Thailand, Japan, Vietnam, Korea, Indonesia, Laos, Singapore, Dubai, Oman and the [...]
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Siam Cement shares rumour causes panic
Investors flooded the switchboard of the Thailand Securities Depository yesterday following a report that fake share certificates of blue-chip industrial giant Siam Cement [...]
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AsianBondsOnline News Highlights 16 – 20 February 2009
Sentiment on the East Asian bond markets have remained fragile on worries about the global economy. CDS spreads have widened to levels not seen since December 2008, and [...]
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RBS said to seek sale of Australian, Asia Pacific divisions
Royal Bank of Scotland Group Plc, the biggest government-controlled UK bank, is considering plans to sell all or part of its Australian division along with other assets in [...]
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Frenetic Clinton hits Asia running
Dashing through a kaleidoscopic tour of the far East in her first outing as US Secretary of State, Hillary Rodham Clinton is back in full campaign mode. But instead of [...]
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Clinton pursues new ties with Southeast Asia
Reaching out to the world’s most populous Muslim country and the boyhood home of her new boss, President Barack Obama, Secretary of State Hillary Rodham Clinton [...]
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