Sunday, September 11, 2011

Yingluck's First Foreign Trip

The new Thai Prime Minister,Yingluck Shinawatra,is making her first foreign trip in office.She is visiting Cambodia,Laos and Indonesia.Among other things,she is seeking resolution of a border dispute with Cambodia that has resulted in military clashes.
Markets were closed in Taiwan,Shanghai and South Korea on Monday for the Mid-Autumn festival.Hong Kong's stock exchange will close for this on Tuesday.
U.S. Ambassador to China Gary Locke gave his first talk to Chinese students on Friday at Beijing's Foreign Studies University.He said there's room for China and the U.S. to be partners.Both countries have shared interests and are not in a zero sum competition.We can and must achieve security and prosperity together.
Ambassador Locke,who is of Chinese descent,had formerly been Commerce Secretary in the Obama cabinet.A student remarked that his having a yellow face doesn't matter;it's what he says that matters.
The Australian and New Zealand dollars are down to one month lows on Euro debt crisis fears.Job advertisements in New Zealand fell 1.9% in August,and Australia's corporate bond risk has risen to its highest level since 2009.
Taiwanese golfer Yani Tseng won the Walmart Northwest Arkansas Championship on Sunday.The world number one was defending her title at the LPGA event.
In Bangkok,it was 82F on Monday under mostly cloudy skies.Winds were S at 12 mph,and the humidty was 94%.

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