Asia needs to end addiction to exports: Economists

Filed Under (World Economy) by Fred Chan on 26-03-2011

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Asia’s heavily export-driven economies have been hit hard by the crisis, which has led to consumers from the US to Europe buying fewer Asian-made goods.

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Oil above US$42 in Asia Thursday

Filed Under (Other News) by Fred Chan on 26-03-2011

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Oil prices inched higher above $42 a barrel Thursday in Asia as a lower-than-expected U.S. crude inventory increase sparked investor optimism that the collapse in demand may be slowing.

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Asia’s migrant workers fear losing jobs in crisis

Filed Under (World Economy) by Fred Chan on 14-03-2011

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SINGAPORE: As the global financial storm blows fear through Asia’s stock markets, Filipino maid Christy Arciaga is jittery and#8212; even though she does not own any shares.

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