Thread: Latest news on the Dong!

Impact on High Oil Prices on The Shipping Sector
WED 13 APR 11 | 11:45 PM ET
http://video.cnbc.com/gallery/?video...FyY2giOiIifQ==
Harald Serck-Hanssen, global head of shipping, offshore & logistics at DnB NOR ASA believes high oil prices might affect the running costs of ships and dampen the growth of global economy.

Climbing the Wall of Worry
WED 13 APR 11 | 10:05 PM ET
http://video.cnbc.com/gallery/?video...FyY2giOiIifQ==
Shane Oliver, head of investment strategy & chief economist at AMP Capital Investors believes that markets have factored in the end of Federal Reserve's QE2 in June but there are still more market uncertainties ahead.

Chinese will bring world to collapse: analysts
http://www.thecomingdepression.net/c...apse-analysts/

“The day they decide to float their currency you are going to get huge reversals of financial flows around the globe, which will affect all exchange rates, that’s why I compared it to a tsunami,” Costello said.

Investing in Cambodia
THU 14 APR 11 | 11:10 PM ET
http://video.cnbc.com/gallery/?video=1883654571
Douglas Clayton, managing partner at Leopard Capital, thinks that investors can find opportunities in Cambodia. He reveals his top sectors there.

China Tightening to Continue ‘Some Time,’ PBOC’s Zhou Says
http://www.bloomberg.com/news/2011-0...rnor-says.html

I tried to thank you all but it doesn't register. So, thank you all for your very informative posts. :)

China should cap forex reserves at 1.3 trillion U.S. dollars: China banker
http://news.xinhuanet.com/english201...c_13842843.htm

BEIJING, April 23 (Xinhua) -- China should reduce its excessive foreign exchange reserves and further diversify its holdings, Tang Shuangning, chairman of China Everbright Group, said on Saturday.

The amount of foreign exchange reserves should be restricted to between 800 billion to 1.3 trillion U.S. dollars, Tang told a forum in Beijing, saying that the current reserve amount is too high.

China's foreign exchange reserves increased by 197.4 billion U.S. dollars in the first three months of this year to 3.04 trillion U.S. dollars by the end of March.

More dollar sales seen on central bank measures: bankers
http://www.thanhniennews.com/2010/Pa...411191003.aspx

"Businesses and people will soon find that depositing dollars is not as beneficial as before, so they may sell more dollars," he said.

I feel a storm is coming...

TWD rises past NT$29 on capital inflows
http://www.chinapost.com.tw/business...?asid=a24da939

The New Taiwan dollar yesterday strengthened past the NT$29 mark, as a low greenback and surging Asian stocks led to an influx of foreign capital to the island.

foreign capital as in QE 2 stimulus that originally meant to stimulate the US economy no doubt..little sarcasm on the side..

Big picture..Always the big picture..
Indonesia Finance Minister Says Rupiah Appreciation Can Be Tolerated
http://online.wsj.com/article/BT-CO-...18-709094.html