Friday, 26 December 2008
Pool photo by Goh Chai Hin
The U.S. Treasury secretary, Henry Paulson Jr., and President Hu Jintao of China in Beijing this month.
THE RECKONING
By MARK LANDLER
China, some economists say, lulled American consumers, and their leaders, into complacency about their spendthrift ways.
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By JIMMY WANG
At a recent job fair in New York, delegates from some of China's largest financial institutions took advantage of the economic downturn to recruit from the newly unemployed.
By KATE GALBRAITH
Many alternative energy sources experience problems in cold weather, like solar panels that become covered in snow, rendering them useless.
By MARTIN FACKLER
A hybrid boat engine is one part of a multimillion-dollar government-led effort to address rising energy costs.
By KEITH BRADSHER
In response to the global financial crisis, China has increased the number of qualification tests for workers in the financial sector.
By BETTINA WASSENER
Industry output in November plunged 8.1 percent from a month earlier, the biggest decline on record, surprising even the most pessimistic of forecasters.
By VINOD SREEHARSHA
Argentine entrepreneurs have created a nascent start-up ecosystem with local venture capital funds and angel investors.
By ELIZABETH OLSON
Goldman Sachs and other private companies are offering business education for female students in emerging nations.
By ERIC A. TAUB
Philips wants to get away from home electronics and sell hospital scanning and monitoring equipment and high-tech light bulbs made with light-emitting diodes.
By MICHAEL FLAHERTY AND SAMUEL SHEN / Reuters
More than a year after Morgan Stanley signed a venture deal with a Chinese securities firm, the bank and the Chinese regulators are in a stalemate.
MARKETS
Bloomberg News, Reuters
Asian stock markets were mixed Friday in slow trading after the Christmas holiday, with rising markets in Japan and Taiwan and lower bourses in South Korea and Shanghai.
By ED CROPLEY / Reuters
Tourism in Thailand is going through its worst slump in decades, a result of the global economic slowdown and its own political turmoil.
INSIDE THE MARKETS
By JOHN PARRY / Reuters
Analysts caution that with the U.S. government expected to issue from $1.5 trillion to $2 trillion of debt into the $5 trillion Treasury market to finance its unprecedented rescues for the financial system next year, the risk of a sudden drop in prices is growing.
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