Key US senator to visit UAE, Vietnam

A key US Senator with power over trade deals announced Friday he will visit the United Arab Emirates (UAE) and Vietnam this month on a mission to reassure the world about the US economy.

“The entire world is on pins and needles right now to see how the economic crisis will shake out, [...]

US home values drop for 7th straight quarter

A house sits for sale in North Aurora, Illinois July 24, 20

Home values in the United States posted their seventh consecutive quarterly decline, with nearly one-third of Americans who sold in the past year losing money, real estate website Zillow.com said on Wednesday.

 
Home values fell 9.7 percent year-over-year in the third quarter [...]

Vietnamese wood exports grow despite US recession

Kelvin Ho, marketing executive of the International Furniture Fair Singapore Pte., Ltd., examines a wooden boat manufactured by local company Old-Modern Handicrafts JSC at the EXPO 2008 fair Wednesday.

Vietnam’s wood exports have strengthened over the past few months despite experts who said the sector would be hit hard by the US financial crisis. [...]