ASEAN Choose Japan For Partner

ASEAN countries agreed to develop together into the center of world economic growth. To that end, ASEAN chose Japan as the country's strategic partner. Although the Japanese economy is on the rise after the earthquake and tsunami, Sakura is committed to spurring economic growth in ASEAN.

China Sluggish Economy, Oil Prices Depressed

NEW YORK Oil prices fell Monday, pressured by increased market concerns China's economic slowdown and the euro zone debt crisis. New York's main contract, light sweet crude or West Texas Intermediate (WTI) for August delivery, closed at 95.15 dollars a barrel, down 1.05 dollars from Friday's close last week.

US jobs market at near-standstill

US stocks dropped sharply as markets opened last night, wiping out the previous day's gains, after disappointing data on unemployment dashed hopes that the economic recovery might be regaining speed.

Le Nouvel Ardmore, This Apartment Floating in the Air ...

A new apartment called The Le Nouvel Ardmore, by Jean Nouvel, the world renowned architect and winner of the Pritzker Architecture Prize 2008 and the Wolf Prize in Arts 2005, is present in Singapore. Nouvel designed the apartment with the concept bungalow which floats in the air (elevated bungalow).

Expanxion Sinar Mas Paper Factory

In the country ( Indonesia ), Sinar Mas oversees a number of paper companies namely PT Tjiwi Chemical Manufacturing Paper Tbk, PT Indah Kiat Pulp & Paper Tbk, PT Pindo Deli Pulp & Paper Mills, and PT Lontar Papyrus Pulp & Paper Industry. The company produces various brands of paper as Sinar Dunia, Bola Dunia and Paperline.

Rivals fume over Telstra prices

THE imminent migration of broadband customers to a new Telstra fibre network in South Brisbane has the telco's rivals fuming that the wholesale offers will not allow retailers to offer services at competitive rates.

Carbon tax to hit profits and growth

Source: The Daily Telegraph
JULIA Gillard's carbon tax will create an instant inflation spike, slow the domestic economy's already tepid growth and make a dent in company earnings at a critical time in the nation's recovery from the global financial crisis.