Women a new
\nspending powerhouse<\/p>\n
SINGAPORE: Women travellers are expected to emerge as Asia's new
\nspending powerhouse, a survey said on Saturday.<\/p>\n
The number of female travellers in the region is forecast to
\nequal their male counterparts by 2011 and exceed them in the long
\nrun, according to MasterCard's Asian Lifestyles report.<\/p>\n
Covering travellers in 13 Asia-Pacific markets, the survey
\nestimates that US$13.4 billion will be spent by women travelling
\nin six years in four shopping destinations -- Bangkok, Hong Kong,
\nSingapore and Seoul.<\/p>\n
Men are likely to spend half that amount based on current
\ntrends.<\/p>\n
While shopping lists for U.S. and European women consist of
\nmomentos, souvenirs and locally produced crafts, Asian women
\nprefer to stock up on branded goods, such as apparel, shoes,
\nhandbags, accessories, perfumes and other toiletries, the survey
\nfound. -- DPA<\/p>\n
;AFP;
\nANPAf..r..
\nMoney-US-economy
\nYuan peg 'difficult' for world economy: US official
\nJP\/16\/money<\/p>\n
Yuan peg difficult
\nfor world economy<\/p>\n
WASHINGTON: China's fixed currency exchange rate "makes things
\nmore difficult" for the global economy and for China, a top U.S.
\nTreasury official said in an interview over the weekend.<\/p>\n
The comments from John Taylor, the Treasury's undersecretary
\nfor international affairs, were consistent with earlier remarks
\nfrom top U.S. officials who have been urging China to revalue to
\nyuan or allow it to float freely.<\/p>\n
"The peg makes things more difficult for the world economy, it
\nmakes more things difficult for the Chinese economy," Taylor told
\nthe financial news channel CNBC.<\/p>\n
"And so we have advocated, therefore, a move to a flexible
\nexchange rate and we think it should occur as soon as the Chinese
\nare ready, but we understand they're taking steps." -- AFP<\/p>\n
;DPA;
\nANPAf..r..
\nMoney-S'pore-Fingerprints
\nBreakthrough scored in fingerprint technology
\nJP\/16\/Money<\/p>\n
New method to track
\nfingerprints found<\/p>\n
SINGAPORE: A device that captures elusive fingerprints where
\ncurrent methods fail has been developed at Nanyang Technological
\nUniversity (NTU), researchers said on Saturday.<\/p>\n
Using a patented optical and signal processing technique, the
\ndevice has scored a first in fingerprint technology by
\nreconstructing prints that were previously considered too faint,
\nold, overlapping or left on oily surfaces, NTU said.<\/p>\n
The research team behind the innovation is from NTU's School
\nof Mechanical and Aerospace Engineering, led by Associate
\nProfessor Seah Leong Keey.<\/p>\n
The system reconstructs a fingerprint by measuring differing
\nwavelengths of light bounced off it under lenses. -- DPA<\/p>\n
;AP;
\nANPAf..r..
\nMoney-US-Merck
\nFederal court invalidates patent for key Merck drug
\nJP\/16\/money<\/p>\n
Court invalidates
\nMerck drug patent<\/p>\n
TRENTON, New Jersey: A federal court invalidated the patent for a
\nblockbuster osteoporosis drug made by Merck & Co. over the
\nweekend, sending Merck shares plunging but offering patients with
\nthe brittle-bone disease the possibility of cheaper pills in a
\nfew years.<\/p>\n
The U.S. Court of Appeals for the Federal Circuit in
\nWashington, D.C., invalidated the patent for the once-a-week
\nversion of Merck's Fosamax, which dominates the market for
\nosteoporosis drugs.<\/p>\n
Fosamax is the No. 2 drug for Whitehouse Station-based Merck.
\nThe company already is beleaguered by its voluntary withdrawal of
\narthritis blockbuster Vioxx, which is expected to cost the
\ncompany billions of dollars to settle lawsuits by patients
\nclaiming it caused heart attacks, strokes and other serious
\nmedical problems. -- AP<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/women-a-new-1447899208",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}