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  • Inflation may jeopardize investors' global strategies 6 Jul 2008 22:14 GMT
    ... Last updated: Sunday July 6, 2008, EDT 5:46 PM ... and the collapse in the housing and mortgage markets. Other industrialized countries have seen about ... on its own accord or that central banks are not going to bother doing anything about ...

  • G-8 Summit to focus on food and climate 6 Jul 2008 20:15 GMT
    ... G-8 Summit to focus on food and climate The ... stated that with finance ministers and central bankers absent, the G8 will probably make little ... not make interest rate recommendations to central banks. "It is being questioned what kind of ...

  • Asleep At The Wheel 6 Jul 2008 19:55 GMT
    ... Double-digit inflation in India is unusual since it ... cheap credit, led to a liquidity crunch. Banks found they had invested in assets whose inflated ... at home. But the high growth of Asia keeps the pressure up on the commodity ...

  • LEADER ARTICLE: Asleep At The Wheel 6 Jul 2008 19:55 GMT
    ... Double-digit inflation in India is unusual since it ... cheap credit, led to a liquidity crunch. Banks found they had invested in assets whose inflated ... at home. But the high growth of Asia keeps the pressure up on the commodity ...

  • Tax relief law takes effect 6 Jul 2008 18:51 GMT
    ... demand picks up a bit, University of Asia and the Pacific economist Victor A. Abola ... more than P14 billion, the government is banking on additional revenues amounting to around P15 ... basis points by yearend, joining other central banks in the region that have similarly hiked borrowing ...

  • StatsGuru 07-July-08 6 Jul 2008 18:30 GMT
    ... A few months ago the consensus view was the economy ... felt this would hit growth and encouraged banks to keep rates low. Today, with the ... high suggesting things are not all gloomy. Bankers report while there are less new investment ...

  • Sulpico Lines posted P5.8 billion in sales in 2007; still in loss 6 Jul 2008 18:30 GMT
    ... Sulpico Lines posted P5.8 billion in sales in ... -- but it could face challenges in Asia it will not have elsewhere. AFP OPEC ... a difficult second half with Asia's central banks now ready to sacrifice growth to combat food- ...

  • Tax relief law takes effectTax relief law takes effect 6 Jul 2008 18:30 GMT
    ... demand picks up a bit, University of Asia and the Pacific economist Victor A. Abola ... more than P14 billion, the government is banking on additional revenues amounting to around P15 ... basis points by yearend, joining other central banks in the region that have similarly hiked borrowing ...

  • 91-day T-bill may fetch 200 bps more; oil to drag peso down 6 Jul 2008 18:30 GMT
    ... dealers said. The benchmark 91-day T-bill, which banks use as basis in pricing loans, should fetch ... cycle of monetary tightening from Europe to Asia, with the Bangko Sentral ng Pilipinas raising ... Ayes, senior vice president at Rizal Commercial Banking Corp. "The peso’s resistance is at P45.70. ...

  • Will China be winded after Olympic sprint? 6 Jul 2008 18:16 GMT
    ... The Chinese economy has been sprinting towards the Olympics ... founder of the Hong Kong-based consulting firm Asianomics. Walker adheres to the Austrian school of ... most particularly about what happens when central banks apply the wrong rates. When interest rates are ...

  • Mutual funds: Investors battle the bear 6 Jul 2008 18:15 GMT
    ... to avert a liquidity crisis in the banking system. But Wall Street's consensus view – ... predictions of additional asset write-downs by major banks sent battered financial stocks into another tailspin. Dismal ... harder than the US market this year. Asian markets, which collapsed in the first quarter, ...

  • ALI ignores crisis, eyes projects 6 Jul 2008 18:15 GMT
    ... By Honey M. Reyes Business Mirror Despite what it ... segments, and support priming activities in strategic landbanks in the Makati Central Business District, Bonifacio Global ... -- but it could face challenges in Asia it will not have elsewhere. AFP OPEC ...

  • BSP adopts 'restrictive' monetary policy 6 Jul 2008 18:15 GMT
    ... By Jun Vallecera Business Mirror The Bangko Sentral ng Pilipinas ... is not unique to the Philippines. Central banks around are now trying contain double-digit inflation that, ... -- but it could face challenges in Asia it will not have elsewhere. AFP OPEC ...

  • Inflation shocks are challenges for Asia's economies 6 Jul 2008 18:15 GMT
    ... Inflation shocks are challenges for Asia’s economies Published: June 8 2008 19:54 | ... been eroded. At the same time central banks have stuck to their policy of shadowing the ...

  • Caterpillar sees China sales doubling by 2010 6 Jul 2008 17:56 GMT
    ... Caterpillar sees China sales doubling by 2010 July 4, 2008 ... AM EDT BEIJING — Caterpillar Inc. is banking on strong revenue growth in Asia, particularly in China, to help offset weaker business ...

  • Why oil prices will rise even higher 6 Jul 2008 17:56 GMT
    ... Why oil prices will rise even higher July 5, ... India and China. Citing the strength of Asian demand, investment bank Morgan Stanley last month ... shelter from battered stock markets. For central bankers, oil is a vexed problem. It has ...

  • PLDT mobile subscribers up by 3M, but slowdown seen 6 Jul 2008 17:55 GMT
    ... PLDT mobile subscribers up by 3M, but slowdown seen ... -- but it could face challenges in Asia it will not have elsewhere. AFP OPEC ... a difficult second half with Asia's central banks now ready to sacrifice growth to combat food- ...

  • Some coffee fans get grim delight in Starbucks woes 6 Jul 2008 17:15 GMT
    ... Some coffee fans get grim delight in Starbucks woes ... -- but it could face challenges in Asia it will not have elsewhere. AFP OPEC ... a difficult second half with Asia's central banks now ready to sacrifice growth to combat food- ...

  • Maturity caps end of 'amazing' year 6 Jul 2008 17:15 GMT
    ... Published: July 6 2008 17:45 | Last updated: ... in the region’s equity markets, investors in Asia are showing an unprecedented level of balance ... basically the need for the various investment banks to source put options for hedging purposes.” The ...

  • Asia's exporters hit as demand slips 6 Jul 2008 16:16 GMT
    ... Net exports make up 10% of Chinas GDP and ... Sun and others that collectively make up Asias mighty export engine face a difficult second ... a difficult second half with Asias central banks now ready to sacrifice growth to combat food- ...

  • Economic pain must be proportionate to emissions 6 Jul 2008 16:15 GMT
    ... ROSS Garnaut has put an enormous effort into his ... region - India, China and South East Asia in general - reduce their far more ... will hurt. With everyone having less money, banks will start reducing credit limits. So much pain. ...

  • Lotte ambition 6 Jul 2008 15:31 GMT
    ... 2008 at 2312 hrs Women in South Korea have a reputation for being some of ... to sell South Korean cosmetics and clothes, banking on the appeal of Korean pop culture, which ... Korean pop culture, which is popular throughout Asia. Lottes Beijing staff have been sent to ...

  • Apple's iPhone could find Asia tough to crack 6 Jul 2008 14:30 GMT
    ... Apple's iPhone could find Asia tough to crack Agence France-Presse HONG KONG--The ... a difficult second half with Asia's central banks now ready to sacrifice growth to combat food- ...

  • OPEC president warns no end to oil price rises 6 Jul 2008 14:30 GMT
    ... OPEC president warns no end to oil price rises ... -- but it could face challenges in Asia it will not have elsewhere. AFP With ... a difficult second half with Asia's central banks now ready to sacrifice growth to combat food- ...

  • Kuwaiti bank profits up despite lending restrictions 6 Jul 2008 14:13 GMT
    ... consumer lending rules and risk weightings for banks to discourage them from lending too much as ... their income streams, focusing increasingly on investment banking as the industry gains momentum regionally, Al-Nafisi ... expansion plans in the Middle East and Asia to offset rising competition at home. In ...


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