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Thailand Faces Constitutional Change

Thai PM wants to overhall constitution that bars brother's return Thai Prime Minister Yingluck Shinawatra's party will present a plan for overhauling a constitution written after a 2006 coup that ousted her brother, a move that threatens to re-ignite political discord. Yingluck's Pheu Thai party will present a proposal tomorrow to parliament to create a Constitution Drafting As [...] Read more

Yingluck Under Pressure in Thailand

Yingluck's Thai government fails in latest opinion poll In the Bangkok Poll announced Wednesday, the government of Prime Minister Yingluck Shinawatra scored 4.94 on a scale of 1 to 10 for public satisfaction in the government's performance. That showed a performance point increase of 0.16 from a survey conducted on the government's 3-month anniversary. The survey was conducted amo [...] Read more

Valuations in Emerging Markets

China is the Big BRIC among Top Emerging Markets China's low government debt, 16% of GDP compared with 45.3% for # 2 Thailand, and cheap equity valuations helped secure its Top spot among emerging markets. The other 3 BRIC countries Brazil, Russia and India did not fare as well. Russia ranked # 8, while India and Brazil failed to make the Top 10. Vietnam ranked # 1 am [...] Read more

BlackRock Inc. NYSE:BLK Say, Buy Equities

Investors should be 100% in equities now BLK Investors should have 100% of investments in equities because of valuations and higher returns than bonds, said Laurence D. Fink, CEO of BlackRock Inc. (NYSE:BLK), the World's largest money manager. Investors who seek the safety of treasury bonds will have minimal returns and will not be able to meet their needs with the US [...] Read more

Deadly Dodd-Frank in Focus

Wall Street seeks to delay Dodd-Frank CFTC position limits rule Two Wall Street groups are working to have a federal judge to delay a US Commodity Futures Trading Commission rule that limits speculation, saying the regulation is already imposing "significant, irreversible costs." The International Swaps and Derivatives Association Inc. and Securities Industry and Financial Mark [...] Read more

Yahoo Inc. NASDAQ:YHOO Shareholders Winners as Bostock Departs

Yahoo's Chairman exits YHOO, IBM, EBAY Yahoo Inc. (NASDAQ:YHOO) Chairman Roy Bostock and 3 other directors will step down as the struggling Company moves ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan. The corporation, once a Web powerhouse but now agonizing over a range of options to revive flagging g [...] Read more

Will China Buy Europe?

China likely to move soon on aid for Europe China likely to "move shortly" to help Europe resolve its debt crisis by providing an investment of as much as 100-B Euros (US$132-B), said Yuan Gangming, an economist at the Chinese Academy of Social Sciences. The money would probably go to the European Financial Stability Facility, the Euro bailout fund, said Yuan, adding that the f [...] Read more

Rio Tinto NYSE:RIO Iron Ore in The Pilbara

Rio Tinto to invest US$3.4-B in expansion of Pilbara iron ore operations in Western Australia RIO Rio Tinto (NYSE:RIO) will invest another US$3.4-B in the major expansion of its Pilbara iron ore operations in Western Australia, the global mining giant announced Wednesday. Rio said it would invest US$2.2-B to extend the life of its Nammuldi mine and US$1.2-B in Cape Lambert [...] Read more

Jose Manuel Barroso: Crunch Time in Europe

EU's Barroso says now decisive moment for future of Greece and the Euro European Commission President Jose Manuel Barroso said Tuesday Europe was in a very decisive moment for the future of Greece and Euro as crucial debt deal talks went on in Athens. "I think all Europe has now the eyes in Athens. We are in a very decisive moment regarding the future in Greece and future of euro. We w [...] Read more

No "Bubble" in Indonesia Stock Exchange

Indonesia a bright spot in time of Global uncertainty Pamela Cox, the World Bank's newly appointed vice president for East Asia and the Pacific, has finished a visit to Indonesia by commending the Country's resilient economic growth and ongoing commitment to institutional reforms, a press statement from the World Bank said Wednesday. "In a time of Global uncertainty, Indonesia's resil [...] Read more