Word: asianized
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...done when the stock market's evolution is so central to a global economy facing a slow-down - or possible recession. And as this week wound down, observers of both markets and wider economies seemed uncertain whether to applaud or cry. Following dismal sessions Wednesday and Thursday, activity on Asian indices Friday was mixed, with Toyko's Nikkei up 2.2% aside more modest gains in Singapore and China. Hong Kong's Hang Seng remained flat, however, while South Korea and Australia slightly slumped. Inspired by that trend - as well as Wall Street's rebound from early losses Thursday to finish...
...financial crisis will dent demand, particularly in Bali where the real estate volume is higher than in Phuket. But he isn't too worried. "Look, I've been involved with Bali for 20 years and through that time we've gone through more than you can imagine, from the Asian financial crisis and a political revolution to SARS, bird flu and two bombings," he says. "But in all that time, property prices have never dropped...
Some of the challenger companies have already achieved great success. Among the 66 Asian companies on our list, China's appliance maker Haier has been so successful in the U.S. market that it's investing $100 million in a new factory in Camden, S.C. (And you thought U.S. factories couldn't compete with Chinese factories.) India's Suzlon Energy is among the world's top manufacturers of wind turbines, a renewable-energy technology with a limitless future. And Hong Kong's Johnson Electric is the world's largest producer of small motors...
...integral to its revival as a culturally valued subject. Janet E. Mertz, a professor at the University of Wisconsin, laments the social stereotyping in math: “Kids in high school, where social interactions are really important, think, ‘If I’m not an Asian or a nerd, I’d better not be on the math team.’ Kids are self-selecting. For social reasons, they’re not even trying.” A revamp of math’s cultural image may be the most potent tool...
Gunfire crackled across the border between Thailand and Cambodia on October 15, reigniting tensions between the two Southeast Asian nations over a disputed swathe of land near an ancient Hindu temple. For days, troops from both countries have flooded the area near the Preah Vihar temple, and each side claims the other fired Wednesday's first shot...