East Asian market is in the midst of the economic ordeal that has devoured the whole world of late. The European Sovereign Debt situation has aggravated the already aching global economy that is still living through the aftermaths of 2008 financial crisis. The East Asian countries were hit severely by the calamity, as their exports […]
Jan 9 2012 | Posted in
Business |
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Thailand, one of the promising economies in the Pacific, was struck brutally by the Monsoon floods during the latter half of 2011. The adversity took its toll on factories and countless equipment. The mechanized industry is getting back on its feet but the lack of exports to Europe still keeps the downward trend unchanged. Same […]
Jan 9 2012 | Posted in
Business |
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Federal Reserve laid out a stress test for major financial institutions in the US. There are currently 19 banks on FRS’ subject-list; among them major parties are Bank of American, JP Morgan Chase and Goldman Sachs Group. The statement issued by the Fed ordered these financial goliaths to undertake a test to see if they […]
Nov 23 2011 | Posted in
Business,
USA |
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