All
 

 

Just in:  

You are here: Home»Business

Archive

China, Japan Aug factory surveys signal economic softness BEIJING/TOKYO: China's manufacturing activity hit a three-month low in August, raising the case for fresh policy steps to keep growth on track, while a Reuters poll showed Japan's economic recovery is likely to be modest despite an small acceleration the factory sector. Surveys conducted by HSBC/Markit and Reuters highlighted fragility in recovery of the world's second- and third-largest economies at a time when policymakers try to walk a fine line between supporting growth and pushing structural changes. The HSBC/Markit Flash China Manufacturing Purchasing Managers' Index (PMI) fell to 50.3 in August from July's 18-month high of 51.7, badly missing a Reuters forecast of 51.5 but still hovering above the 50 threshold that separates expansion from contraction. "The sharp drop in the PMI is perhaps not surprising given last month's disappointing activity and lending data. That said, we are not expecting a rapid deterioration in economic momentum," Julian Evans-Pritchard, China economist ...


HP revenue inches up after years of decline SAN FRANCISCO: Hewlett-Packard on Wednesday reported that its quarterly revenue rose for the first time in three years, nudged by improved computer sales everywhere except Russia and China.Net revenue for the quarter that ended July 31 was $27.6 billion, a one percent improvement from the same period last year when the California computer maker took in $27.2 billion.Meanwhile, HP profit in the recently ended quarter ebbed to $985 million compared to $1.39 billion in the ...

Facebook awards 'Internet Defense Prize' SAN FRANCISCO: Facebook on Wednesday awarded a $50,000 Internet Defense Prize to a pair of German researchers with a seemingly viable approach to detecting vulnerabilities in Web applications.Johannes Dahse and Thorsten Holz from Ruhr-Universität Bochum in Germany won the new cash award for a paper outlining how to find flaws hackers could exploit, according to the California based social network.The committee behind the prize saw a "clear path" for using the money to build the ...

Uber pulls into mobile dining and travel apps SAN FRANCISCO: Uber teamed up with dining and travel smartphone applications on Wednesday as the controversial Internet-age car-hailing service moved to park itself at the heart of mobile lifestyles.The San Francisco-based startup let about a dozen businesses such as Starbucks, Hyatt Hotels, United Airlines, TripAdvisor and restaurant reservation service OpenTable make it simple for people to summon Uber cars from inside their applications for smartphones or tablet computers."We're excited to partner with Uber to help ...

AirAsia profit jumps despite 'challenging' climate KUALA LUMPUR: Malaysia-based AirAsia on Wednesday announced a sixfold increase in second-quarter net profit as Asia's budget travel leader increased revenue despite what it called a "challenging" aviation environment.Net profit was 367.2 million ringgit ($115 million), up from 58.3 million ringgit in the same quarter of 2013.AirAsia said the jump was mainly due to foreign exchange gains on borrowings. But it said revenue also grew five percent to 1.31 billion ringgit as passenger numbers increased ...

Brazil announces new $4.5bn credit stimulus SAO PAULO: Brazil's central bank said on Wednesday it would ease banks' reserve requirements for the second time in less than a month, freeing up $4.5 billion to stimulate lending and boost the sluggish economy.Under the new rules, banks will be allowed to use up to 60 percent of reserves for credit operations, an increase from the 50-percent limit announced on July 25.The bank said the move would free up an additional 10 billion reals ...

Bank of America $17bn deal could come Thursday: report NEW YORK: Bank of America is expected to pay $17 billion to settle charges it misled investors on mortgage-linked securities in a deal that could come this week, US media reported Wednesday.The agreement, the largest US settlement with a single company, could come as soon as Thursday, reported the Wall Street Journal, citing an unnamed source.The agreement is the latest to hold large banks accountable for the packaging and sale of securities linked to risky ...


 



 
IndexClosingChg%
ArrowDJIA 16,979.13 0.35
ArrowNasdaq 4,526.48 0.02
ArrowS&P 1,986.51 0.25
ArrowFTSE 6,755.48 0.35
ArrowDAX 9,314.57 0.21
ArrowCAC-40 4,240.79 0.32
ArrowNikkei 15,454.45 0.03
ArrowH.Seng 25,159.76 0.15
ArrowSensex 26,314.29 0.40





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln