Reports said that investments in the Philippines increased by almost 40% after six months. Asia's 'rising economic tiger' posted another increase in local and foreign investments as four major placement agencies approved businesses today.
Industry
Dying rupee scares off global investors
The Indian currency continued to decline, prompting investors to shy away from investing in the country.
A succession problem looms for China's private businesses, Reuters reports
Reuters reported that China's private businesses could experience succession problem in the next few years.
Chinese regulators urge recall of Fonterra products after latter issues warning of bacteria contamination
Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.
Indonesia's investment climate worsens
According to Indonesia's Bureau for Statistics, global demand for the country's assets remained unattractive to foreign investors.
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According to Singapore's GIC, China's credit crunch will have great effects on many economies worldwide.
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
China's PMI showed growth in July, offering hope that the country's economy is recovering.
Societe Generale SA said that they are happy to announce that the company is ecstatic as the company's profit margin doubles.
China's Premier Li Keqiang's projects will now get the much needed help with the recent boost in the manufacturing industry.
Honda Motor Corp expressed caution on investing in emerging markets as Japan sales fell by 24%. Although it saw a strong sales performance April-June in Asia, Honda Motor Co.
According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.
China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
