Steffen Dyck, Assistant Vice President and Analyst of the Sovereign Risk Group at Moody's Investors Service, explains how Thailand's unrest has already been factored into its sovereign rating.» Read More
PARIS, Oct 17- A picture spoke volumes about the United States' loss of global prestige and influence due to the shutdown of its government in a partisan standoff over the federal budget and debt. For an administration that has focused its foreign policy on a "pivot" to Asia, the world's most economically vibrant region, this may be more than a momentary setback.
Norwegian, which this year became the only European budget airline to fly transatlantic routes, will fly to New York, Los Angeles and Fort Lauderdale from London's Gatwick airport, using its new Boeing Dreamliners, it said on Thursday.
Paul Gambles, Managing Partner MBMG International does not expect any change from the current 2.5 percent rate and warns that capital outflows remains a risk for Thai financial markets.
MANILA, Oct 15- Images of a portion of the Philippines' oldest light rail transit line ablaze in the middle of the night were exactly what private sector bidders for a $1.4 billion rehabilitation of the country's rail system had feared.
MUMBAI/ SEOUL, Oct 11- As the U.S. struggles to avert a debt default, Asia's policymakers have trillions of reasons to believe they may be shielded from the latest financial storm brewing across the Pacific.
*Lessor ILFC urges Boeing to halt 787 glitches. OSLO, Oct 9- Budget airline Norwegian Air Shuttle plans to take its second Boeing Dreamliner out of operation for precautionary checks after repeated hydraulic and electrical faults led to the grounding of its other one.
But it has been beset by problems, including a battery fire that grounded the model for months this year and forced Boeing to come up with a new battery design.
Catherine Yeung, Investment Director, Fidelity Worldwide Investment talks about the investment opportunities in China's reform agenda and why Thailand is in a "sweet-spot".
OSLO, Oct 3- Norwegian Air CEO Bjoern Kjos was on his way to Thailand last month to celebrate the opening of his budget airline base but instead got a lesson in why many low-cost carriers have failed in the long-haul market.
*India, Thailand expect more bumper harvests. SINGAPORE, Oct 3- Towering grain mountains in Asia, already large enough to feed China for eight months, are set to grow even bigger as governments persist in shoring up their safety buffers against hard times.
OSLO, Oct 1- Budget carrier Norwegian Air Shuttle could return its grounded Boeing Dreamliner to short haul service as soon as this week and remains so confident in the plane, it is "highly likely" it will order more, its chief executive said.
OSLO, Sept 28- Budget airline Norwegian Air Shuttle is taking one of its brand new Dreamliners out of long-haul service and demanding that Boeing repair the plane after it suffered repeated breakdowns, the carrier said on Saturday. Boeing said the repairs would take "a matter of days".
OSLO, Sept 28- Budget airline Norwegian Air Shuttle is returning one of its brand new Dreamliners to Boeing, demanding repairs after the jet has suffered repeated breakdowns, it said on Saturday. "We are returning the aircraft to Boeing to improve its reliability." A Boeing spokeswoman could not immediately be reached for comment.
*Norwegian Air Shuttle plane was on its way to Stockholm. OSLO, Sept 27- Norwegian Air Shuttle suffered yet another Boeing Dreamliner breakdown on Friday when a hydraulic pump failed, delaying a flight to Stockholm from Bangkok, a spokesman said on Friday.
HONG KONG, Sept 27- Lauded by many for its principled stance in rejecting Alibaba Group's plans to list shares, the Hong Kong Stock Exchange has left the city's financial community fuming at a lost opportunity, and re-ignited calls for market reforms.
*Aims for 2015 IPO in Hong Kong or Singapore- MD. PARIS/ HANOI, Sept 25- Low-cost airline VietJet agreed a provisional order for up to 92 Airbus jets worth $9 billion at list prices on Wednesday, stepping up expansion to make its mark in a fast-growing regional market.
Sam Le Cornu, Senior Portfolio Manager, Asian Listed Equities At Macquarie believes Thailand could enter a current account deficit for the full-year. He says the SET is the cheapest out of ASEAN markets.
YANGON, Sept 20- Myanmar has approved more foreign direct investment in the past five months than all of last year, but companies setting up operations in the hot frontier market face a growing problem: Southeast Asia's highest office rental rates.
FRANKFURT, Sept 19- Deutsche Lufthansa unveiled a $19 billion order for new jets on Thursday as its outgoing chief executive warned the historic investment must not dilute the resolve of Europe's largest airline to stay in the black.
*Gold falls for third consecutive session. LONDON, Sept 18- Gold fell for the third consecutive session on Wednesday to a six-week low, as markets paused for the U.S. Gold is usually seen as a hedge against inflation, but latest data showed this remains muted in main Western markets.