Word: cheaping
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...vulnerable to economic downturns in the U.S. and Europe. Many companies in developing countries are today better capitalized and better managed than they were 10 years ago, helping to justify valuations that are more on par with companies in developed countries. In fact, some emerging-market sectors look very cheap. Manufacturers of technology products, such as computers, are trading at an average discount of almost 20% to their industrial-country peers, even though they enjoy significantly higher earnings growth. No bubble there. Nor is there a bubble in South Korea, where the average P/E based on projected earnings is less...
...dinner of fish-head curry at Apollo Banana Leaf restaurant on Race Course Road, tel: (65) 6293 8682, followed by a long browse at Mustafa, a 24-hour shopping center, tel: (65) 6295 5855. They've got everything from food to electronics, and the saris and gold jewelry are cheap. People from India actually fly to Mustafa to shop for their weddings. After that, go to Clarke Quay for one of the many bars and clubs or to Tanjong Pagar for the new gay club Play...
...solution to the thin-air problem, it turned out, was to put the baseballs in a humidor, where a little added moisture would keep them earthbound. And the solution to the performance problem was to get better baseball players, but on the cheap. Thus, the new Monfort doctrine: No more free agents; more investment in the farm system. Yet the franchise continued to sink, and fans grew more vocal. The Monforts' defensive reply: Tough...
...CHEAP SEATS Airlines set some fares below $100 to fly from south and central Mexican cities to border towns like Tijuana...
They don't do much, but that doesn't stop RFID tags from being incredibly useful, in ways that range from the mundane to the sinister. They're like bar codes on steroids, because you can read them at a distance. They're getting so cheap that manufacturers basically need a reason not to put them in things. Most people know RFID, if they're aware of it at all, as the technology behind cash-free highway tolls, but it goes way beyond that. Retail giants like Wal-Mart use RFID tags for inventory management, to help keep track...