SINGAPORE STOCK MARKET NEWS | 2012-07-26
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Headlines for ChannelNewsAsia, dated: 2012-07-29
Germans say they're 'better off without euro': poll
BERLIN: The majority of Germans think their country would be better off without the euro, a poll suggested on Sunday, as the economy minister reiterated doubts over whether Greece can stay in the single currency.
Global travel industry gears up for Muslim tourist boom
SINGAPORE: From halal spas to prayer rooms at airport terminals, the global tourism industry is gearing up for a projected boom in Muslim travel over the next decade, experts say.
Markets risk ECB disappointment after Draghi remarks
FRANKFURT: Financial markets will be waiting with bated breath to see if the European Central Bank announces any new policy moves next week, but analysts warned they could be disappointed.
Taiwan, China set for key investment deal
TAIPEI: Taiwan and China are expected to forge a much-anticipated investment protection agreement in the next round of high-level talks in August, officials and media in Taipei said Sunday.
China's advantages counteract rising pay, analysts say
BEIJING: Rapid wage increases are threatening China's competitiveness, but improved productivity and other advantages mean it will continue to attract investors, analysts say.
India likely to keep rates on hold: analysts
NEW DELHI: Despite a slowing economy India will likely keep interest rates on hold this week as worries mount that a truant monsoon could drive up food costs and stoke still-high inflation, analysts forecast.
Driven by China sales, luxury goods buck economic slowdown
PARIS: Fuelled by surging demand in China, luxury goods makers are bucking the global economic slowdown and reaping huge profits on sales of high-end handbags, expensive jewellery and posh perfumes.