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REUTERS: Most South-East Asian stocks ended weaker on Wednesday on concerns over sluggish economic growth in China and the US, with foreign investors exiting Malaysian shares.
NEW YORK: Gold prices were driven to a record high Thursday as worries returned about sluggish economic growth.
BANGKOK: Thailand's cabinet has approved a shopping tax incentive for consumers to spur spending before the end of the year, as the military government tries to lift sluggish economic growth.
HONG KONG: Hong Kong stocks followed other Asian markets lower, dragged down by resources and industrial firms, amid worries over China's economic growth after sluggish economic data.
LOUISVILLE, Kentucky (Reuters) - United Parcel Service Inc Chief Executive Scott Davis said the world's largest package delivery company is on track for record results this year in the face of the economy's bumpy ride and expectations for sluggish economic growth.
Singapore Airlines (SIA) posted an unprecedented quarterly loss yesterday after the deadly Severe Acute Respiratory Syndrome (SARS) outbreak hit air travel demand, but the carrier said the worst was over although sluggish economic conditions made the outlook hazy.