Economics/Business

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Thailand Moves Against Foreign Firms

Thailand's military-appointed government raised the specter of protectionism and sparked a steep drop in stock prices Tuesday when it acted to halt the longstanding practice of using nominee firms to by...
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The High Risk of Travel in Indonesia

The discovery on the sea bottom Monday off West Sulawesi of what is believed to be the wreckage of a Boeing 737-400 that crashed on New Year’s day dramatically points up Indonesia’s astonishingl...
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Treachery in Shanghai!

The Shanghai government is reaping a whirlwind of rising xenophobia and reviving memories of the Opium Wars over a plan to force local retailers out of the famed Nanjing Lu shopping area and turn the distri...
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India Fever Overheats

There are several accidents waiting to happen in global financial markets. But the one that beats them all – even beats mainland Chinese bank fever – is India. Conditions are rapidly building fo...
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Off-Line City

For Hong Kong’s power elite, the communications crisis that began on December 26 when the sea floor south of Taiwan suddenly heaved and damaged a clutch of undersea cables has long since been over.&nb...
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Are North Korea’s Reform Bottles Half-Empty?

In the basement entertainment center of the luxurious Yanggakdo Hotel in Pyongyang, there is a bowling alley and a cocktail bar. A row of expensive liquor bottles stand reserved for their owners, their ambe...
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Asia’s Earthquake-inspired internet blackout

On December 26, two years exactly after the earthquake-inspired tsunami that took the lives of an estimated 230,000 people in Southeast Asia, the sea floor 13 kilometers off southern Taiwan gave way, generati...
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Another Tar Baby for Hong Kong’s Investors

Hong Kong’s property barons never seem to lack for new ways of squeezing the local public and other investors. In most markets outside places like Russia and the Philippines it would be regarded as bi...
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Don’t Blame Thailand for This Mess

Although the Thai government spectacularly botched its effort to rein in the baht over the last two days, the fact that the government felt obliged to try to halt the currency’s appreciation says more...