Economists estimate that when Japan reports its December quarter GDP on Feb 15, it will show that the economy probably grew at the fastest pace since the first quarter of 2008, up 3.6%, as a
Marubeni Corp., parent of JPS, and the largest Japanese trader of rubber, said rubber prices are expected to climb as much as 19 percent by the end of next year as a result of rising vehicle sales in China. Rubber prices have gained about 46 percent this year as the global recession eases and demand Read more...
Chinese stock market tumble rattles rest of world
August 31, 2009
Selling pressure in the Chinese stock market sent the benchmark tumbling 6.7 percent today as investors worry that the global rally in equities has gotten ahead of itself viz a viz the prospects for economic recovery. In the US, the Dow Jones Industrial Average lost about 0.5 percent. The S&P 50 Read more...
Rebound in PC orders; consumer morale lowest in four months
August 28, 2009
Signs are emerging that the nearly year-long trough in demand for personal computers, servers, copiers and other technology hardware may be nearing an end, said Reuters News. Intel , the world’s biggest computer chipmaker, increased its sales forecast for this quarter, adding to evidence that Read more...
Marubeni Corp., parent of JPS, and the largest Japanese trader of rubber, said rubber prices are expected to climb as much as 19 percent by the end of next year as a result of rising vehicle sales in China. Rubber prices have gained about 46 percent this year as the global recession eases and demand