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Thailand bombing won't crush tourism

The short-term economic consequences of the recent bombing of the Erawan Shrine in Bangkok continue to be felt. But one lesson from past crises is that the Thai tourism sector will survive - and once again thrive. More than 20 nations have issued travel advisories or warnings for their citizens traveling to Thailand. Hotels, as well as tour operators inside and outside of the country, are ...
Source: CNBC.com | By: Curtis S. Chin, managing director, Riverpeak Group
As markets drop, question is: will the Chinese still shop?

BICESTER, England (AP) - The designer outlet mall of Bicester Village is set in the English countryside near Oxford, but it might as well be in China. Quiet Mandarin chatter fills the air. Most of the shoppers are Chinese - and so are half the sales assistants. In the Burberry store, many try on the brand's signature trench coats, which go for at least 600 pounds ($925) after discounts. Some ...
Source: The Associated Press | By: By SYLVIA HUI and DAVID McHUGH, Associated Press
Cramer: China & biotech - it's complicated  

Media Link Transcript Early morning got a great question on Twitter act Jim Cramer. Quote what I attacks in Noual form have to do with the China rotation and quote. Questions seem simple what you just incredibly copy it certainly not many self important factors because on the one hand Biotech and former should have nothing to attack right. On the other hand it to uncertainty means want. And an ...
Source: CNBC.com
UPDATE 1-Teen apparel retailer Aeropostale posts loss for 11th straight qtr

(Adds details, CEO comment, shares) Aug 27 (Reuters) - Teen apparel retailer Aeropostale Inc reported a loss for the 11th straight quarter as it discounted heavily to clear older inventory and closed many unprofitable stores. Shares of the company, which also reported lower-than-expected quarterly sales, fell about 5 percent in extended trading on Thursday. Aeropostale, like some other teen ...
Source: Reuters
Teen apparel retailer Aeropostale posts loss for 11th straight qtr

Aug 27 (Reuters) - Teen apparel retailer Aeropostale Inc reported a loss for the 11th straight quarter as it discounted heavily to attract shoppers and took charges related to the closure of its unprofitable stores. The mall-based retailer's comparable sales, including its e-commerce channel, fell 8 percent in the second quarter. Aeropostale's net loss narrowed to $43.7 million, or 55 cents ...
Source: Reuters
Solutions to student debt: Purdue Univ. president  

Media Link Transcript So these income based repayment schemes already did second as almost four million of them essentially they sent repayments attend the over 15%. Of a borrower's income how do you think they could help solve the crisis. Well I don't fruit and no one I think including. Need that claims there replacement for what we have today but do I think they'd be a very important new ...
Source: CNBC.com
Forbes: Mall tycoon Henry Sy tops Philippines' rich list

MANILA, Philippines (AP) - Property, retail and banking tycoon Henry Sy whose conglomerate owns the chain of SM Supermalls in his country and China has retained the title of the Philippines' richest person for the eight consecutive year, with his net worth up $1.7 billion from last year to $14.4 billion. Forbes Philippines, which puts together the list, said Thursday that the value of Sy's ...
Source: The Associated Press
Bad news for Chanel, Gucci as China's boom times end

One of Hong Kong's busiest shopping streets winds past the Times Square center, under slick signs for brands like Mont Blanc (Euronext Paris: MLCMB-FR), Cartier (: ECR-V), Gucci (: GUCG) and Burberry (London Stock Exchange: BRBY-GB). But inside the towering luxury mall, the hum of the crowds below fades into the quiet of rows of mostly empty boutiques. A sales attendant greeted a few people ...
Source: The New York Times | By: Hiroko Tabuchi and Amie Tsang
Top trades for the 2nd half: Call the close  

Media Link Transcript Can I call the price at 311 because some is likely to get that right is famous. Just tell anybody and it that you guys are doing is under deep protest until Atalanta you know show we're gonna make you call our I don't go to jail I'm sorry Michel a million. Amy I imagine not a literal I don't think that he's he's a man of integrity is I mean I. A pattern from yesterday's ...
Source: CNBC.com
Shanghai sheds 1.3% despite PBOC easing  

Media Link Transcript It was a curious. React said in the regional markets because it be a child raising meshes well received in some quarters especially. Another is that markets in the countries with strong trade linkages with China Korea was the case in point. The Nikkei Japanese equities replace employees as well but easing measures. Simply didn't really benefit the market that needed them ...
Source: CNBC.com