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S Korea President: '97 Asian Financial Crisis Couldn't Happen Now (Nasdaq) SEOUL -(Dow Jones)- South Korea is unlikely to face a financial crisis like the one a decade ago, the president said Tuesday. An economic "crisis like the (so-called) IMF crisis (the 1997 Asian financial crisis) will never happen now. Enter the Asian heavyweights (FIFA) On the second matchday of Asian fourth round qualifying for South Africa 2010, top seeds Australia and Korea Republic enter the race. Twentieth Century Fox, Star to jointly foray into Asian films (Calcutta News) International production house Twentieth Century Fox and Asian media company Star Tuesday announced the formation of a joint venture, Fox Star Studios, to produce local language films in Asia for worldwide distribution. South Asian artistes bring their work together (IANS via Yahoo! India News) New Delhi, Sep 6 (IANS) Several South Asian artistes have brought their skills and experiences under one roof here to show how the arts draw varying communities, cultures and concerns together. South Africa: Trading Competition for Productivity (AllAfrica.com) SOUTH African manufacturers need not re-invent the wheel by competing with Asian markets, when they can benefit by trading with them in areas where the local manufacturers do not have a comparative advantage. Coming Sunday: A world of Asian food (Courier-Post) The South Jersey restaurant scene is brimming with delicious choices, including many ethnic cuisines. South Asian artistes bring their work together (Calcutta News) Several South Asian artistes have brought their skills and experiences under one roof here to show how the arts draw varying communities, cultures and concerns together. Asian markets close lower after Monday's rally (Nasdaq) (RTTNews) - The stock markets across the Asia-Pacific region closed sharply lower Tuesday on profit taking following Monday's rally on the back of the U.S. government's bailout plan for the troubled mortgage giants Freddie Mac and Fannie Mae. Crude oil prices eased in the Asian session Tuesday after the contract for October delivery edged up on Monday in U.S trading. Asian stocks tumble as US bailout optimism wanes (Channel NewsAsia) HONG KONG: Asian stocks fell sharply on Tuesday as euphoria sparked by the US government's bailout of two key American mortgage finance giants began to dissipate. Asian Stocks Fall on Growth Concerns; Mitsubishi UFJ Declines (Bloomberg.com) Sept. 9 (Bloomberg) -- Asian stocks fell, paced by materials, shipping and financial companies, as investors said yesterday's rally was overdone given the prospects for slowing global growth.
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