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Thai GDP in 1st half of 2010 to grow 10%: Bank of Thailand chief

Thailand's gross domestic product ( GDP) in the 1st half of 2010 could increase 10 percent year on year, Bank of Thailand (BOT) governor Tarisa Watanagase said on Thursday, the Bangkok Post's website reported. "The 10 percent growth rate would be possible as the country's economy ...

Sino-US partnership holds key to future

Handel Jones has a bird's eye view of the huge and sprawling metropolis of Shanghai on both sides of the Huangpu River from his hotel room in downtown Shanghai.

Brazil's trade surplus falls in first seven months

Brazil's trade surplus in the first seven months of 2010 was down 45.1 percent year-on-year, the Development, Industry and Foreign Trade Ministry said Monday. The ministry said the surplus reached 9.237 billion U.S. dollars, as exports in the seven months totaled 106.861 billion ...

Canadian stocks fall when consumer confidence erodes

Canadian stocks fell on Tuesday following weak consumer confidence reports from both sides of the border. The S&P TSX Composite Index closed down 29.38 points, or 0. 25 percent, at 11,716.69. Seven out of 12 sectors on the Toronto Stock Exchange registered losses on Tuesday with ...

Consumers, rapid growth help China takes the lead

China ranks No. 1 among 27 emerging economies due to its huge consumer market and rapid economic growth, according to the Emerging Markets Opportunity Index released by US accounting firm Grant Thornton. The index takes account of key factors such as the size of the economy, ...

Indonesia, Malaysia expect trade to hit $15 bln

An Indonesian senior official said that Indonesia and Malaysia agreed to take measures in increasing bilateral trade, including by increasing trade across mutual border areas and encouraging bilateral investment, local media reported here Tuesday. Speaking after a meeting with a ...

China gets top ranking in survey of world's emerging economies

China ranks No 1 among 27 emerging economies due to its huge consumer market and rapid economic growth, according to the Emerging Markets Opportunity Index released by US accounting firm Grant Thornton. The index takes account of key factors such as the size of the economy, ...

Shanghai Expo providing platform for business success

Expo 2010 Shanghai is proving to be a boon for successful Chinese entrepreneurs eager to tap into the global market. The 184-day event, which is predicted to attract an estimated 4 million foreign visitors along with global media coverage, is considered to be a golden opportunity ...

China's recovery has positive spillovers to global economy: IMF

China's economic recovery has "significant positive spillovers" to the region and the world economy as a whole, the International Monetary Fund (IMF) said on Tuesday.

U.S. stocks sink upon weak consumer confidence data

The U.S. stocks sank to negative territory on Tuesday as earnings enthusiasm took a back seat to disappointment after data showed consumers were less confident about the economy. The Conference Board's confidence index fell to 50.4, the lowest in five months and lower than ...

S. Korea posts 1.5 pct GDP growth in Q2

South Korea's economy grew 1.5 percent in the second quarter of 2010, compared to the previous quarter, on the back of brisk exports and consumer spending, the central bank said Monday. According to the Bank of Korea (BOK), the South Korean economy real gross domestic product ...

U.S. facing record budget deficit

New estimates from the White House predict the United States budget deficit will reach a record US$1.47 trillion this year. The government is borrowing 41 cents of every dollar it spends. The new estimates paint a grim unemployment picture as the economy experiences a relatively ...

ECFA to have positive impacts on regional economic integration

The newly signed Economic Cooperation Framework Agreement, or the ECFA, fitting the current trend of regional economic integration, would have positive impacts on the future economic integration among Chinese mainland, Taiwan and Hong Kong, or even East Asia, according to a ...

Dollar trades at upper 87 yen range in Tokyo

The U.S. dollar traded in the upper 87 yen range early Monday in Tokyo, up slightly from its level late Friday in New York. At 9 a.m., the dollar fetched 87.65-68 yen against 87.44-54 yen in New York and 86.94-95 yen in Tokyo at 5 p.m. Friday. The euro changed hands at 1.2924...

China, Singapore announce bilateral currency swap

The People's Bank of China (PBC) and the Monetary Authority of Singapore (MAS) on Friday announced the establishment of a bilateral currency swap arrangement. According to a statement by the MAS, the bilateral currency swap arrangement, aiming to promote bilateral trade and ...

Foreign investors eye China's realty market

China's property market has seen soaring investment from foreign institutional investors, driven by strong expectations of renminbi appreciation this year. According to international real estate advisor CB Richard Ellis, the value of en bloc property transactions in 15 Chinese ...

G7 trade flows growth slows down in Q1 2010

The growth of merchandise trade volumes for the Group of 7 countries as a whole slowed down in the first quarter of 2010, albeit a continued upward trend, the Paris- based Organization of Economic Cooperation and Development said Wednesday. Compared to the fourth quarter of 2009, ...

ADB upgrades economic forecast for Asia as recovery continues

The Asian Development Bank (ADB) has upgraded its economic forecast for developing Asia to 7.9 percent from previous 7.5 percent after first-quarter data showed broad-based growth in Asia. In a special assessment of the region released on Tuesday, ADB said the growth was driven ...

Crude prices gain as stocks rebound

Crude prices gained on Monday as U.S. stocks rebounded. The U.S. economic recovery continued during the second quarter of this year, but the pace of growth has slowed, according to a survey released Monday by the National Association for Business Economics. Traders looked to ...

China's yuan strengthens against U.S.dollar Friday

The value of China's currency Renminbi (RMB) strengthened against the U.S. dollar Friday as the central parity rate of the yuan was set at 6.7718 per U.S. dollar, lower than the 6.7741 Thursday, according to the data released by the China Foreign Exchange Trading System. The ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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