These expansions come as Newsweek continues to struggle under the helm of Tina Brown as she attempts to keep the news weekly relevant in a hyper-competitive news cycle.

FORBES: How U.S. News Abandoned Print And Learned To Love Its Data

That will be a relief to South-East Asian exporters, who have come to fear that the cycle of competitive devaluations might never end.

ECONOMIST: Burying the Asian miracle

Traditionally, business investment in capacity at the peak of the cycle has increased competitive pressures, dragging down margins.

ECONOMIST: Buttonwood: Sale of the century | The