Bondholder Kenneth Dart, after staying quiet, says he wants full payment—just like Paul Singer
Does SodaStream's turn toward branding itself as a sparkling water vendor—and its dismal financial performance—suggest that it's seeking a different future?
A federal judge in New York refuses to exterminate an asbestos union's inflatable rat, saying "Scabby the Rat" is covered by the First Amendment
In October, more than two customers joined T-Mobile from a competitor for every customer that left it
Dominique Strauss-Kahn acquired a 20 percent stake in a Luxembourg finance firm last year, but quit his chairmanship on Oct. 20. His ex-partner Thierry Leyne died on Oct. 23
Ministry of Supply’s Aviator jacket combines the structure of a tailored garment with the functionality of a windbreaker
Marvel isn't keeping quiet about its movie plans now that DC has publicized its long slate of superhero vehicles
The schools are spending $52,000 to mail 100,000 apology letters to Montana voters
This year's must-have Silicon Valley office accessory: a $199 bear costume
Budget balance: -1.7%
Current account: -13.6%
Sovereign credit rating: BB/Negative
Stock market: -55.0%
After several years of export-led growth, Vietnam's economy is showing signs of overheating. In the first half of 2008, the currency fell, inflation jumped from 10% to 21%, and the trade deficit rose to $14.2 billion--the same amount posted for all of 2007. To offset these problems, the government has cut back on spending and tightened controls on bank lending, which expanded 50% last year. That has helped reduce the deficit recorded in the first half of 2008, although GDP growth estimates also have been slashed to 7% this year and 6.5% to 7% in 2009, compared with typical rates above 8% in recent years.