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Vietnam pledges $1 bln to spur investment, consumption
Published December 3, 2008, 12:00 am, The Forex Market
HANOI, Dec 3 (Reuters) - The Vietnamese government pledged about $1 billion to spur investment and consumption as part of efforts to stave off an economic slowdown, it said in a report on Wednesday.
Thai c.bank slashes rates as inflation, economy cool
Published December 3, 2008, 12:00 am, The Forex Market
BANGKOK, Dec 3 (Reuters) - The Bank of Thailand cut its main interest rate by a bigger-than-expected 100 basis points to 2.75 percent on Wednesday, taking advantage of a fall in inflation to help an economy hit by the global downturn and political unrest.
Chill in the air for Web stores
Published December 2, 2008, 11:57 pm, The Montana Standard
For more than a decade, online retailers could count on big growth no matter the economic climate. But this holiday season, the e-commerce sector is at risk of its first slowdown since the Web was invented.
Paulson gives U.S. a pep talk
Published December 2, 2008, 11:57 pm, Deseret Morning News
Treasury Secretary Henry Paulson cautioned Tuesday that "we're far from through" the current financial crisis but added that the United States has the tools to persevere.
March medical complex proposal raises concern
Published December 2, 2008, 11:57 pm, The Press-Enterprise
Riverside County officials have mixed opinions about a proposed 3.6-million-square-foot medical complex at March Air Reserve Base, which some think could siphon patients from the nearby county hospital.
CA-BUSINESS Summary
Published December 2, 2008, 11:57 pm, The Globe and Mail
HONG KONG (Reuters) - Asian stocks and oil rebounded on Wednesday from recent sell-offs, but low-risk assets such as U.S. Treasuries also retained their luster despite offering the lowest yields in decades amid worries about the ailing global economy.
Thai protesters lift airport siege, flight lands
Published December 2, 2008, 11:57 pm, The Star
BANGKOK (Reuters) - Anti-government protesters lifted their crippling, eight-day blockade of Bangkok's main airport on Wednesday, raising the hopes of 230,000 stranded tourists, even though there is no end in sight to Thailand's political crisis.
Thai protesters lift airport siege, flight lands
Published December 2, 2008, 11:56 pm, Mail and Guardian
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China's sovereign wealth fund to avoid western financial firms: report
Published December 2, 2008, 11:56 pm, TODAYonline
Sunrise over the Beijing skyline. The head of China's sovereign wealth fund has said he had lost confidence in western financial institutions during the global economic crisis and would not be investing in them, a report has said.
Finland May Lower 2009 Economic-Growth Forecast, Katainen Says
Published December 2, 2008, 11:56 pm, Bloomberg
Dec. 2 (Bloomberg) -- Finland may lower its economic-growth forecast for next year as the euro region as a whole is already in a recession, Finance Minister Jyrki Katainen said.
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