market

PC sales are expected to show enormous growth in 2010

June 22, 2010 - 10:12am | Figures | News

As reflected the latest research from IDC, global PC sales are expected to face nearly 20% growth this year.

As the research firm found, worldwide PC shipments in the first three months of the year were 27.1% higher than in the first quarter of 2009. So the company expects further growth nearing to 20% compared to 2009.

As IDC noted an easing of economic troubles together with renewed consumer and corporate buying is giving the PC industry a much-needed boost.

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Forex Economic and Financial Analysis

June 8, 2010 - 8:00am | Analytics | Articles

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AliPay forces its mobile payment services deployment

December 23, 2009 - 2:45am | News | Payment systems

Polo Shao, the AliPay President, is leading his company heading toward the mobile payment market, seizing mobile Internet market. So, the daily transaction value of AliPay has exceeded CNY 1.2 billion.

AliPay has set up independent R&D team for the development of related products in a move to accelerate the development of mobile payment market.

Currently, 2% to 3% of AliPay users accomplish their payment s through mobile phones. Meantime, the company representatives forecast that the figure will reach 10% to 15% next year.

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Gold stays near $1,000 level

September 7, 2009 - 1:30am | Markets | News

On Monday gold futures slid down a little but still they kept close to $1,000 level which was linked to weaker dollar and fears about inflation.

Gold prices were largely unchanged, after the U.S. Labor Department reported on Friday that closely watched nonfarm payrolls for August showed the smallest decline in a year. The unemployment rate jumped to a 26-year high of 9.7 percent.

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PaymentOne closes $7 million round of equity and debt financing

August 18, 2009 - 8:55am | News | Payment systems

PaymentOne announced that it has closed a $7 million round of equity and debt financing led by AER Investments LLC. According to the company, "the new funding will be used to expand and accelerate the organic growth and mobile related product development as well as set the foundation for executing on strategic acquisition targets to complement the company's suite of payment gateway services."

AER Investments LLC | market | merchant portfolio | PaymentOne | PhoneBill service

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China was found breaking international trade, reports WTO

August 13, 2009 - 3:30am | Law aspects | News

A World Trade Organization dispute panel, ruling in a case brought by the United States, said on Wednesday that China's system for importing and distributing audiovisual material such as books and films breaks international trade rules and should be revised. It was the third time a WTO panel had ruled against China, which is becoming increasingly assertive in pressing its own complaints against other countries at the world trade body.

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Google library now available on Sony e-readers

July 30, 2009 - 3:21am | News | Other themes

Sony Corp has announced the availability of over 1 million public domain books on its electronic readers via Google Inc`s Books project, which digitizes classic titles not protected by copyright. Titles purchased through Sony's store are accessible only on the company's reader. Sony was the first to market with its Sony Reader in 2006 and now sells two versions of the device.

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Brazil makes a proposal to increase credit card regulation

July 14, 2009 - 6:44am | Law aspects | News

According to Bloomberg, a proposal, put forward by Brazil’s government, to increase competition through regulation of the credit and debit-card market by October will be presented to President Luiz Inacio Lula da Silva.

O Estado de S. Paulo said that new rules may encourage reductions in rates charged by card administrators and the length of time permitted for payment to stores. Besides, the government may limit restrictions on new companies entering the market controlled by two main rivals, the paper said, without naming the companies.

Brazil`s government | credit-card regulation | market | proposal

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Multiple millions of LTE subscribers as early as 2011

July 9, 2009 - 5:04am | Figures | News

According to a new report from Juniper Research, the number of LTE next generation networks is set to grow significantly with the number of subscribers exceeding 100 million by 2014. And these market numbers will be buoyed by the embedding of broadband capabilities within consumer electronics devices such as MP3 players, Netbooks and digital cameras. While subscribers will use handsets such as smart phones, and laptops, consumers will be motivated to connect devices in the home by LTE.

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UBS and Trucost help clients reduce investments exposure to climate regulation

June 5, 2009 - 10:02am | Investment industry | News

On Friday UBS investment Bank announced a strategic alliance relationship established between its Alternative Research business and Trucost Plc., an environmental research organization providing data and analysis on the carbon impacts of companies.

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”All the necessary factors for a second-half recovery are... in place"?

June 2, 2009 - 3:00am | Analytics | News

The recession is said to be losing its strength as the reports on Monday show that the U.S. manufacturing sector showed improvement in May, contracting at a slower rate for the fifth straight month, while consumer spending slipped only slightly in April. The figures led the U.S. stocks up by over 2.5%.

consumer spending | contraction | manufacturing | market | recovery

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China was caught in a "dollar trap” and has nothing but to further buy US bonds

May 25, 2009 - 7:35am | Markets | News

According to the latest reports from the Financial Times China's State Administration of Foreign exchange (Safe), Chinese official foreign exchange manager, is still buying record amounts of U.S. government bonds, in spite of Beijing's increasingly vocal fear of a dollar collapse. The story on the paper’s website cited Chinese and western officials in Beijing as saying China was caught in a "dollar trap."

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New head of Asia-Pacific business division appointed by PayPal

April 8, 2009 - 4:56am | News | Payment systems

Yesterday an online payment services provider PayPal announced that it appointed Farhad Irani as a new manager for its Asia-Pacific business. Irani will report to the company's Senior Vice-President (global market), Phillipp Justus and will be responsible for managing PayPal's domestic and cross-border business across Asia-Pacific according to the company statement.

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China cornered the U.S., why does the Celestial Empire doubt America’s solvency?

March 23, 2009 - 8:25am | Analytics | Articles

While the U.S. are speaking about billions of stimulus and trillions of additional funds being injected into the economy to survive one of the most terrible financial turmoils in the history, Chinese administration expresses its concern about these very billions questioning the possibility of their return to where they belong. If you still do not know, we can advise you that a large portion of the financing provided to revive the U.S.

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All NYSE Euronext markets to be soon accessible via UTP network

February 18, 2009 - 3:31am | Markets | News

NYSE Euronext reported that it moved trading of all European equities, including exchange-traded fund (ETF) products, listed on the company's Amsterdam, Brussels, Lisbon and Paris markets to its new Universal Trading Platform from the pervious Nouveau Système de Cotation (NSC) platform. The migration was started in December last year and the company says that it is a key aspect of the cost savings the company wants to achieve after the merger of NYSE and Euronext in 2007.

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