Asia might weather market turmoil
Article Abstract:
The credit market problems stemming from US subprime mortgage lending may only have a modest affect on Asia, according to analysts, due to Asia's lessening dependence on the American economy. Examples include growing investments in Indonesia's domestic markets and China's expansion of exports to countries other than the US.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Japanese shares decline as strong yen hits exporters
Article Abstract:
Japan's Nikkei 225 Stock Average fell 5.4% to reach 15273.68, the lowest it has been in the past year, as the impact from subprime lending problems in the US continues. The Japanese yen rose against the American dollar to reach a 14-month high.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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"Celtic tiger" ends prosperous era with a whimper: credit crunch and local housing slump push Dublin market down 26.1% for the year
Article Abstract:
A decline in the housing market and the global credit crisis, driven by subprime lending woes, has ended a 10-year growth period for Ireland, with the ISEQ index falling 26.1% in 2007.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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