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  1. Continent struck down by particularly nasty bout of euro-sclerosis

    Posted Jun 04th 2005, 12:00am by Rex Aguado

    ... Rex Aguado THE FRENCH HAVE said non, the Dutch have chosen nee, the Danes are likely to follow with a nej in September- and now an Italian senior minister wants to say ciao to the euro ... of 'euro-sclerosis' that can jeopardise decades of economic liberalisation and integration, and usher in a new self-destructive wave of protectionism and even xenophobia. Hence, one cannot help but notice ...

  2. Study zone

    Posted Nov 16th 2005, 12:00am by Staff Reporter

    ... By Jessie Hui A 24-hour study centre has been set up in Sai Wan Ho for students who do not have a quiet place to study because of their living environment. Study rooms in public libraries, run by the Leisure and Cultural Services Department, close at 10pm. The Sai Wan Ho centre was opened in April by crisis intervention service group Youth Outreach, and recently received funding ...

  3. Zoning boosts Bangkok condo prices

    Posted Jun 22nd 2005, 12:00am by Staff Reporter

    ... CBD are expected to rise as the government plans to introduce new zoning regulations next year, according to international property consultants. The new rules will lower the plot ratio ... year. The luxury condominium market experienced a comeback in 2002- five years after the Asian economic crisis. High-quality condominium projects in Bangkok's prime locations have recorded ...

  4. A cloud of fundamentals over the dollar

    Posted May 29th 2005, 12:00am by Chris Oliver

    ... the European single currency is another basket case in the making. With people living longer, pension requirements can only weigh on the fiscal health of a euro zone marked by sluggish, unbalanced ... ballooned to 5.5 per cent of gross domestic product, he believes there's little chance the United States will be able to extricate itself from a crisis without painful reforms. Given what he ...

  5. Nobel laureate insists the yuan-dollar peg is a win-win for all

    Posted May 31st 2005, 12:00am by Nailene Chou

    ... for the euro zone, and competition between the two currency blocks was heating up, he said. Given the fast growth rate of the mainland economy, it would be in America's interest to keep the yuan ... the yuan as the world's fifth most important currency, behind the US dollar, the euro, the Japanese yen and the British pound. If the mainland became a new currency block, with a floating ...

  6. Convertible yuan unlikely by 2008

    Posted Jan 10th 2005, 12:00am by Ray Cheung

    ... control policies, to potential increases in interest rates and banking reforms. Mr Cheng said the yuan's full conversion would be based on the comparative strength of the US dollar, the euro ... loans. 'If there is no confidence, a fully convertible RMB will lead to a crisis,' said Professor Lin, who added that the current system of a controlled floating currency was beneficial ...

  7. State of Asian politics gives little hope for monetary union

    Posted Oct 05th 2005, 12:00am by Tom Holland

    ... of the Association of Southeast Asian Nations, to provide each other with liquidity in a currency crisis by lending from their foreign-exchange reserves. The backers of monetary union want to pool the funds ... sovereignty to an international body. That is a step Asia's governments are extremely reluctant to take, especially now that they are sitting on plentiful foreign reserves and the 1997 crisis ...

  8. Falling greenback brings mixed bag for key players

    Posted Jan 17th 2005, 12:00am by Murray Bailey

    ... Murray Bailey What might transpire if the greenback falls a further 25 per cent, so that Euro1 buys you $14? Standard theory suggests that the leisure sector will get a boost due to the linked exchange rate with the dollar. Similarly, international travel for local residents will become more expensive, suggesting more will stay at home or take holidays in dollar zone ...

  9. Spare the rich and spoil the economy, Mr Bush

    Posted Feb 08th 2005, 12:00am by Staff Reporter

    ... making the cuts permanent. All of this means there will be more protests from the euro zone about bearing the brunt of the dollar's continued weakness, and more speculation over ... dollar against the euro and other currencies, some fear, is just a tremor before the earthquake. It is a danger the International Monetary Fund has highlighted before and one that Mr Bush could ...

  10. Eurobonds gaining regional favour

    Posted Mar 28th 2005, 12:00am by Staff Reporter

    ... Anette Jonsson Stronger euro, changing trade trends swaying issuances away from US dollar The euro has grabbed headlines over the past two years as it appreciated against the US dollar, ... banks which are confident the euro will play a more active role going forward as an issuance currency. While the total Asia (ex-Japan) issuance of Euro2.9 billion ($29.4 billion) last year ...




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