Thailand’s parched paddies hits junta’s economic weak spot
BANG PLA MA (Thailand), July 8 — Ranong Rachasing would normally be in her fields at this time of year, toiling in ankle-deep water to make her rice paddies bloom through knowledge honed by years of cultivating Thailand’s most celebrated export….
To escape housing costs, flood of Londoners take to the boats
LONDON, July 8 — Rocketing housing costs in Britain’s capital have fuelled a surge in Londoners seeking cheaper accommodation on boats, with increased numbers putting pressure on the city’s historic network of rivers and canals.
The picturesque…
KL shares weakened in early trade
KUALA LUMPUR, July 8 — Shares on Bursa Malaysia weakened early trade, with luechips leading the fall amid sustained foreign selling, dealers said.
At 10.17 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 16.24 points lower at 1,696.07, after…
On threat of suspension at Indonesia unit, AirAsia shares sink to 5-year low
KUALA LUMPUR, July 8 — Shares in budget carrier AirAsia Bhd tumbled more than 8 per cent to a five-year low today on investor concerns that it may miss a deadline to raise equity in its Indonesian affiliate to avoid the unit’s operations being…
Slumping China stocks pull down Asian markets
TOKYO, July 8 — Asian shares tumbled today and the safe-haven yen rallied as Chinese stocks remained in a tailspin, shaking investors already rattled by Greece’s debt crisis.
The drop in China extended a savage correction that has clipped 30 per…
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