Wednesday, December 03rd, 2008

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Posts Tagged ‘ BKEAY ’

Confidence Crisis for Hong Kong Bank Tied to Lehman Bros. Rumors

Sep 25th, 2008 | By Jennifer Yousfi | Category: Financial News, International Investing

Rumors of a capital crisis due to overexposure to distressed U.S. securities drove shares of a Hong Kong bank sharply lower today (Wednesday), as concerned customers lined up outside retail branches to withdraw deposits.



China’s Export Machine Shifts Into High Gear, Even as U.S. Market Decelerates

Jun 12th, 2008 | By Jason Simpkins | Category: Emerging Markets

China’s exports advanced at a 28% pace in May, despite growing economic turbulence in the United States and Europe, underscoring yet again that the Asian giant doesn’t need Western markets to flourish.