The world witnessed a rise in surplus trade of China on Wednesday. US stock futures too rose as the investors waited for release of important economic news with baited breath. One such eagerly awaited report is of course the weekly jobless claims. Nasdaq 100 future registered a hike of 1.5 points which meant it ended [...]
10
2010
13
2010
New stimulus introduced by Japan
Many people are of the opinion that Japan needs outside help for its economy. The government of Japan has in fact stated that the feelings of the economist indeed true but it is not as weak as it was thought to be in. It has made public its new stimulus package amounting to $11 billion.
There [...]
13
2010
Rise in Oil Price
There has been a rise in the oil price and the sources from Asia and US state that though the price has increased the demand will still be high. The main reasons behind this price rise are import of crude oil by China, lesser job demand by the US and growth in Japan’s economy rate. [...]
13
2010
Germany’s DAX Index Declines
Germany’s biggest lender, Deutsche Bank AG, is holding several discussions to give the country’s capital a boost. This has not proved beneficial as it did not prove to be a beneficial one. In fact stocks have retreated since last month.
During the last four months the policies of Deutsche Bank could not do bring in more [...]
13
2010
Dubai Debt Deal
Dubai World which is a state-owned large business firm has entered into an official agreement with the government of Dubai. The agreement is a deal with creditors that they will together try to restructure the liabilities of the government which amounts to around $24.9 billion.
As per other sources of Dubai World is in such a [...]
22
2010
Sony Repositioned Play Station Console
Sony repositioned its PlayStation Console through the dealings of the Baseball. This would now perhaps become a hub for digital entertainment. In an interview on Wednesday, senior vice president for the PlayStation Network at Sony Computer Entertainment America, Peter Dille said that this live streaming service with the Major League Baseball would be something more [...]
22
2010
Facebook to Pull Out More Information
Facebook has built in deeper as well as stronger pipes in order to pull out more information from its different partner sites. This in turn further enhance the popularity of the site as a relevant social media.
Facebook, a big social networking site in the internet world announced some of its audacious moves that would take [...]
22
2010
Dell Would Soon Launch New Devices
Dell is soon creating news with Android based tablet computers. This news has in fact been leaked out because Dell has not yet officially announced the launch of its tablet device.
It has been uncovered by Engadget and it claims that the documents have leaked out. The documents contain the information about the Dell Streak Tablet [...]
20
2010
Is iPhone 4G The Next iPhone?
The biggest story of this week is no doubt the lost iPhone 4G, the photos of which were posted by Gizmodo on Monday. Apple in a request letter asked to return the device but efforts are being made to find out whether it turns out to be the new and the next iPhone.
Apple would have [...]
20
2010
Apple Requests Gizmodo to Return the IPhone 4G
The editorial director of Gizmodo has published an official letter which he received from Apple. In the letter sent by Apple, it was requested by Apple to return their iPhone OS 4 immediately to them which they consider to be possessed by Gizmodo.
The letter from Apple it self is an indicator to the fact that [...]