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Southeast Asia banks on aviation boom
Southeast Asia banks on aviation boom
by  AFP

Major airport expansion projects are taking off across Thailand, Cambodia and Vietnam, and a new airline is set to launch next year -- all banking on an expected boom in air travel in Southeast Asia, fuelled by Chinese and Indian tourists. - Airport boom - Southeast Asia is becoming a hot property, with private and public players competing for an expanding market.

Asian markets on front foot as US jobs data provide new rate cheer
Asian markets on front foot as US jobs data provide new rate cheer
by  AFP

Asian stocks rose Wednesday after a tepid start to the week as data pointing to a softening US labour market restoked hopes the Federal Reserve will cut interest rates in the new year. While the jobs figures reinforced rate cut hopes, Wall Street's three main indexes ended mixed.

High speed rail between LA and Las Vegas gets $3bn boost
High speed rail between LA and Las Vegas gets $3bn boost
by  AFP

A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved closer to reality Tuesday with the announcement of a $3 billion government grant. A line linking Las Vegas with America's second biggest city has been mooted for almost two decades, during which time its proposed cost has ballooned.

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