Word: chua
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Dates: during 2000-2009
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...With reporting by Howard Chua-Eoan / New York
...Bravo to Howard Chua-Eoan and Ishaan Tharoor for an excellent piece. They clearly have an understanding of the Filipino psyche. TIME should have featured Manny on the cover of all the issues like the Asian edition. Manny Pacquiao epitomizes the Filipino spirit and nature, namely the qualities of determination, resilience, simplicity, humility, generosity, love for family and faith in God. With the quote "Di ako bobo" (I'm not stupid!), I salute Manny for not succumbing to the national inferiority complex that came with the colonial spirit. And as a Filipino expatriate, I salute my countryman for being...
...Although the rupiah could suddenly weaken against the dollar and shave off a significant chunk of a trader's profit, "If your carrying spread is wide enough, you'll comfortably take the currency risk," says Johanna Chua, chief economist with Citigroup in Asia. In fact, Chua says, the dollar carry trade has become so widespread among traders in Asia it has even triggered buying of more exotic and illiquid currencies like the Sri Lankan rupee. "That's the ultimate carry trade," Chua says...
...More important, the liquidity the dollar carry trade creates, like alcohol, can also be hazardous if taken in immoderate amounts. For instance, Citigroup's Chua says one of the reasons Asia's stock and property markets have been rallying over the last six months is because of the overabundance of short-term liquidity. "A lot of dollars are seeping into Asian economies," she says. "That's pumping up asset bubbles." When those bubbles burst, as they frequently do, there will no doubt be unpleasant messes to clean...
...wonder investors from everywhere are pouring much of their resources into the Chinese market and trying hard to woo many Chinese consumers and companies to their own homelands. China has a emerged as a global superpower, and this century may very well be a Chinese century. Chern Nee Chua, Singapore...