Finance, Forex and Investments

China And India Economy News

  • Wal-Mart's Midlife Crisis Wednesday, July 20, 2011 @ 1:54AMJohn E. Fleming, Wal-Mart's newly appointed chief merchandising officer, is staring hard at a display of $14 women's T-shirts in a Supercenter a few miles from the retailer's Bentonville (Ark.) headquarters.
  • Will There Be a “Silver Bullet” for the U.S. Economy? Wednesday, July 20, 2011 @ 1:36AMThe prosperity the United States enjoyed in the 1990s was in large part due to the tech boom, a “black swan” that fundamentally changed the U.S. economy.
  • Temasek Says Rozario to Leave Fullerton Financial Unit Wednesday, July 20, 2011 @ 1:12AMTemasek Holdings Pte said Francis Rozario resigned as chief executive officer of Fullerton Financial Holdings, the Singapore sovereign firm’s unit which invests in banks.
  • The tablet challenge Tuesday, July 19, 2011 @ 8:57PMThe Pheu Thai Party's promise of One Tablet per Child for primary school students nationwide has touched off a lively debate about cost and practicality.
  • India Needs More Health, Education Spending for Inclusive Growth, Sen Says Tuesday, July 19, 2011 @ 8:18PMIndia needs to spend more on basic health care and education if economic growth is to benefit all members of society, according to Amartya Sen, the first Indian to win the Nobel Prize for economics.
  • First time in 8 yrs, beer sales dip in summer Tuesday, July 19, 2011 @ 4:42PMA feel good economy perks up beer enthusiasts in emerging markets, said an investment report from Swiss bank UBS last year.
  • Additional news "Opinion" Tuesday, July 19, 2011 @ 4:27PMThe leader among the top 20 ranked by foreign assets of Russian companies, the company “LUKOIL”. Referred to study Russian transnational corporations (TNCs), presented June 23 at the Moscow Institute of World Economy and International Relations (IMEMO) Russian Academy of Sciences and in New York at the Center for International Investment at Columbia University.
  • Oil & Natural Gas Stock Outlook - July 2011 Tuesday, July 19, 2011 @ 3:55PMThe long-term outlook for oil remains favorable, given the commodity's constrained supply picture.
  • 'Funding gap' imperils science exploits, AIDS forum hears Tuesday, July 19, 2011 @ 12:15PMScientists have now provided revolutionary tools to roll back HIV but only a major funding boost, supported especially by emerging giant economies, will determine the outcome, experts say.
  • Kenya: Piracy - the Somali Natives Tell Their Side of the Story Tuesday, July 19, 2011 @ 11:55AMAs the morning sun casts a lavender hue over Eyl, a village in the semi-autonomous region of Puntland, residents are up to eke a living; women sell tea in makeshift kiosks, young boys and girls attend Madrasa- Islamic religious schools. However, the fishermen have abandoned their boats. They are scared of venturing into the sea.
  • Luxury Market Surges While the Rest of the Economy Sputters Tuesday, July 19, 2011 @ 11:25AMEconomic news these days is pretty bleak: job growth is anemic , retail sales are stagnating , and consumer confidence is plummeting . But the luxury goods market is another story. Today, the French company Hermes raised its 2011 revenue forecast by 12 to 14 percent on growing demand in the U.S. and China for its silk scarves and leather handbags. Last week, Burberry, which makes raincoats and ...
  • Asia offers Rupert Murdoch growth, but also more hurdles Tuesday, July 19, 2011 @ 10:44AM"Whenever Rupert Murdoch came to India he felt he was entitled to an audience with the prime minister," said Sanjay Baru, a former media advisor to PM.
  • Press Releases: Interview With Alexis Papahelas of SKAI TV Tuesday, July 19, 2011 @ 8:08AMInterview With Alexis Papahelas of SKAI TV Interview Hillary Rodham Clinton Secretary of State Ambassador's Residence Athens, Greece July 17, 2011 QUESTION: Well, Madam Secretary, it is a pleasure to see you in Athens. SECRETARY CLINTON: Thank you. QUESTION: Thank you very much for agreeing to do this interview. Let me ask you, first of all, what is the main message that you carry with you ...
  • A. O. Smith to Acquire Lochinvar Corporation Tuesday, July 19, 2011 @ 7:30AMA. O. Smith Corporation today announced it has signed a definitive agreement to acquire Lochinvar Corporation of Lebanon, Tenn., for $418 million and will not assume Lochinvar's existing debt. Â
  • Nigeria: Govt Must Show Concern to Save Textile Industries, Says Jekeri Tuesday, July 19, 2011 @ 6:39AMCOMRADE YAKUBU JEKERI, National President, Textile, Garment and Tailoring Senior Staff Association of Nigeria (TGTSSAN) has said that the problem of the textile industry decay in the country is not the problem of money, but poor government policies and the problem of global competitiveness. In this interview with Senior Correspondent, Sylvester Enoghase, he insists that the shoddy handling of ...
  • Leaders talk up green initiative Tuesday, July 19, 2011 @ 3:09AMNEWBURYPORT — For the student who wants to save the world, becoming a chemist may not be first on the to-do list. But according to nationally recognized chemist Dr. John Warner, it should be. Warner came to the Clean Tech Center in Newburyport yesterday to participate in a seminar with U.S. Rep. John Tierney and local business leaders on opportunities to profit through sustainability.
  • Clinton to push security, trade ties in India Tuesday, July 19, 2011 @ 2:48AMUS Secretary of State Hillary Clinton looked to ramp up regional security cooperation and trade ties in talks with Indian leaders Tuesday, held in the shadow of triple bomb blasts in Mumbai.
  • 19 July 2011 Monday, July 18, 2011 @ 9:44PMDo we really understand how carbon trading works?
  • Foreign aid HAS been wasted, says Cameron but insists raising spending to £12bn is 'essential' Monday, July 18, 2011 @ 8:32PMThe Prime Minister, on a curtailed tour of Africa, will hit out at those in his own party who criticise his decision to pour billions more into foreign aid at a time of cutbacks at home during a speech in Lagos, Nigeria.
  • Back to the future Monday, July 18, 2011 @ 2:05PMLast week’s successful launch of the GSAT-12 communication satellite using the Polar Satellite Launch Vehicle (PSLV) was more than a routine event.
  • Singapore imports from India up 48% in H1, 2011 Monday, July 18, 2011 @ 4:26AMThe city state's January-June exports to India also increased by 13 per cent to SGD 9.75 billion from SGD 8.6 billion a year ago.
  • Singapore’s imports from India jump 48% in H1 Monday, July 18, 2011 @ 3:51AMSingapore’s imports from India increased by 48 per cent to S$9.34 billion in the first half of this year from S$6.3 billion a year ago, according to data released today by state trading agency International Enterprise.
  • Research and Markets: Malaysia Telecommunications Report Q3 2011 - ASTRO Plans to Reach 167,000 High-Rise Residences ... Monday, July 18, 2011 @ 3:09AMDUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/01bb1b/malaysia_telecommu) has announced the addition of the "Malaysia Telecommunications Report Q3 2011" report to their offering. BMI incorporated the latest data provided by Malaysia's telecoms regulator and operators. The number of mobile operators in the country exceeded 33mn ...
  • Government propaganda Sunday, July 17, 2011 @ 4:10PMSome things our government says do not make sense, but few people seem to have the critical thinking skills to discern between propaganda (national security/national interests) and the facts — or maybe they are afraid to be called unpatriotic.
  • Private-jet firms adapt to turbulent times Sunday, July 17, 2011 @ 2:12AMThe bumpy road to recovery for private-aviation firms such as NetJets has developed another hurdle in recent weeks: a possibility of less-friendly tax breaks.
  • A View From the Editorial Board: Leaders out of touch with our needs Sunday, July 17, 2011 @ 12:00AMAs I watch the majority of the American press give such focused attention to the theatrics around the deficit and debt ceiling, I want to scream at the top of my lungs to both politicians and pundits:
  • Don’t write off the US Saturday, July 16, 2011 @ 11:50PMThe shift of power from West to East has become a common theme, especially since the onset of the 2008 financial crisis. We need some perspective.
  • Seeing opportunity around the globe Saturday, July 16, 2011 @ 11:48PMWith over 10 million frequent flier miles, a passport stamped in more than 70 countries, and fluency in five languages (English, French, Italian, Spanish, and Portuguese), international business consultant Philip Guarino is often unsure what country he is waking up in.
  • Top 10 mistakes of David Cameron Saturday, July 16, 2011 @ 1:50PMConservative Party members were asked to name David Cameron's three biggest mistakes. Here are the results of the survey, writes Tim Montgomerie.
  • Border sees rise in illegal immigrants from India Saturday, July 16, 2011 @ 12:59PMBetween October 2009 and March 2011, the Border Patrol detained at least 2,600 illegal immigrants from India, a dramatic rise over the typical 150 to 300 arrests per year.
  • McCormick sees its new life in selling spice to the world Friday, July 15, 2011 @ 11:09PMLong known for spicing up American food, McCormick & Co. is taking its food flavorings abroad, with plans to peddle masala powder in the open-air markets of India and borscht seasoning in the stores of Eastern Europe.
  • China urges no Obama-Dalai Lama meeting Friday, July 15, 2011 @ 9:33PMChina urges the United States cancel a Saturday meeting between President Obama and Tibet's Dalai Lama, saying such a meeting would be harmful to U.S.-China relations.
  • Global slump in economy a boon for India, only if it doesn't get worse Friday, July 15, 2011 @ 4:26PMTogether with China, India will stand out as an island of growth in an otherwise bleak global economic landscape, helping it attract more capital flows and investments.
  • Trade chief on a tough mission Friday, July 15, 2011 @ 1:32PMIf Peter Chrisp has got the weight of this country's export sector sitting on his shoulders, he doesn't show it.The New Zealand Trade and Enterprise chief executive, who took the top job at the Government's export development...
  • Value Investing Seminar: Lloyd Khaner on "Wall of Worries" and CDNS Friday, July 15, 2011 @ 10:05AMBy Jacob Wolinsky. Lloyd Khaner is the General Partner of Khaner Capital L.P, a long-short hedge fund. He selects stocks for the portfolio, sets the Fund's investment strategy, oversees the Fund's portfolio and directs its resources. Read more » »
  • Worldwide PC shipments increase 2.3% in 2Q11, says Gartner Friday, July 15, 2011 @ 4:31AMWorldwide PC shipments surpassed 85.2 million units in the second quarter of 2011, a 2.3% increase from the same period last year, according to preliminary results by Gartner. These results are below Gartner's earlier projection for 6.7 % growth.
  • The BRICs Decade Will Continue Friday, July 15, 2011 @ 3:53AMScientific conference on the current economic situation and the future perspectives of Brazil, Russia, India and China at IAMO was drew to a successful close Around 150 economists and agricultural economists from more than 20 countries all over the world came to IAMO Forum 2011 Will the BRICs Decade Continue?
  • Underinvestment erodes UK knowledge economy and blunts competitive edge Friday, July 15, 2011 @ 3:03AMIt is somewhat ironic - particularly to non-British observers - that the country that shaped the industrial revolution and the process of globalisation through its outward expansion of empire should have such difficulty in sustaining a competitive knowledge-based society in a global world.
  • Beijing expat outlay outstrips Paris: survey Thursday, July 14, 2011 @ 8:36PMBeijing is the most expensive city on the Chinese mainland for expatriates, ranking the 20th highest in the world for costs of living, according to an annual report released by Mercer, a US-based consulting company.
  • China, EU to start investment talks Thursday, July 14, 2011 @ 8:24PMA branch of Industrial and Commercial Bank of China (ICBC) in Brussels. Chinese companies, including ICBC, have accelerated their investment in the European Union.
  • Ireland's falling household savings rate defies expectations Thursday, July 14, 2011 @ 6:35PMIf savings figures prove correct, the only real hope of a short-term boost to the economy has been dashed
  • RBI expected to hike rates as inflation quickens Thursday, July 14, 2011 @ 4:56PMIndia’s inflation quickened in June, driven by higher prices of manufactured goods and fuel, adding pressure on the central bank to raise rates this month despite signs of slowing growth in Asia’s third-largest economy.
  • VERSACE: Contemplating the global new middle class Thursday, July 14, 2011 @ 4:00PMANALYSIS/OPINION: Looking back at a chart of the Standard & Poor's 500 this week, I see a market that is reeling from a number of factors and data points. Some conflict with others, and some are good only in so far as they are not as bad as they have ...
  • Look to India for strong long-term returns: BMO Thursday, July 14, 2011 @ 3:58PMIndia’s economy and corporate sector are poised for robust growth in the next few years, experts said on Thursday, and advisors should help their clients tap into this growth.
  • Ethiopia: South Korea's Exim Bank Eyes Investments Thursday, July 14, 2011 @ 3:30PMThe Exim Bank of South Korea has concluded an agreement with the Ministry of Finance and Economic Development (MoFED)in order to support Ethiopian agriculture, infrastructure and manufacturing investment sector.
  • Quote Roundup: Groundbreaking Tweets from Twitter's First Five Years Thursday, July 14, 2011 @ 3:17PMLight the candles, Twitter is turning 5! In celebration, the social media giant has launched a new website and YouTube video featuring 16 Twitter users talking about how tweets have enriched their lives. With the reigning king of all social media set to celebrate its fifth anniversary of going public Friday, here is a look back at some groundbreaking tweets from the last five years.
  • We remain very bullish on gold, oil, and food commodities. This newsletter will make it amply clear why. Thursday, July 14, 2011 @ 3:00PMAfter a tragic history of bloody wars, Europeans have looked for decades with great hope at the transcendent aspirations of continental cooperation, a European Union aiming to improve relations, enhance trade and prosperity, and prevent future wars.
  • PIIGS, Presstitutes and the Global Meltdown Thursday, July 14, 2011 @ 4:44AM“Read All About It!” You couldn’t not read all about it! The media was full of reports about how happy stock market days were here again.
  • Inflation quickens; another rate rise expected Thursday, July 14, 2011 @ 4:27AMNEW DELHI (Reuters) - Inflation quickened in June, driven by higher prices of manufactured goods and fuel, adding pressure on the RBI (Reserve Bank of India) to raise rates this month despite signs of slowing growth in Asia's third-largest economy.
  • Why we will be poorer Thursday, July 14, 2011 @ 4:14AMNo man is an island, especially in the markets. Our consumption basket includes the efforts of hundreds of millions of people around the world, and our right to consume depends on our ability to sell to hundreds of millions of people around the world.