Category Archives: Business

China’s Easing Inflation Triggers The Asian Stock Markets

November 09, 2011   Jeff Foster

Reacting to correctionary measures, China’s rate of inflation is going down straight for the past three months. Few months ago, inflation rate in China was becoming a major concern for the economy.

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Economy Looks Sluggish In Spite Of Employment Growth

November 04, 2011   JIT Mukherjii
unemployment_office

Though the US economy created a large numbers of jobs in the month of October, growth still seems to be sluggish. According to report published by the US Labor Department, employers have been able to add 80,000 payroll jobs and it was slightly less than what the market was expecting.

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AT&T’s Growth Slows Down

October 21, 2011   Bidisha
at&t

With less number of iPhone activation going on, the growth of AT & T has slowed down. The quarterly earnings of the company fell short of expectation. The wireless industry as a whole is going through a hard time and is finding it difficult to attract customers to subscribe the data plans.

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Will Increase Of Interest Rates Help To Curb Inflation?

September 16, 2011   JIT Mukherjii
RBI

The Reserve Bank of India has hiked the repo rate and hence the key interest rates in the country by 25 basis points. With this announcement of hike in repo rate, all loans have become costlier and that includes the home loan, personal loan. The RBI authorities claimed that the move has been initiated in order to curb down inflation further.

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Recession Has Pulled Down The Demand For Oil In The World

September 14, 2011   Jeff Foster

Recession has taken its toll on the demand for oil also. As more and more people are found to be losing their jobs and salaries getting frozen, oil consumption went down and this has led to the decrease in demand of oil worldwide.

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No Takers Though Mortgage Rates In USA Touched All Time Low

September 10, 2011   JIT Mukherjii

The mortgage rates have touched lowest since 1971 in this week in the USA. For a thirty years fixed mortgage, the rate has dropped down to 4.12%. This was the best time for the Americans to buy their home as with such low rate of mortgage, they could have saved thousands of dollars every year.

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Gold Price Per Ounce Surged Up Indicating Declining Industrial Demand

August 09, 2011   JIT Mukherjii
Silver-and-gold-price

Raising anxieties due to the sluggish growth in the US as well as Chinese economies, the ever-worsening sovereign debt catastrophe in the Eurozone, in addition to the S&P’s US credit rating downgrade Friday are all placing much of the worldwide investors’ community into a situation which was never experienced before.

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US Debt Credit Rating Reduced to AA+ By Standard and Poor

August 06, 2011   JIT Mukherjii

For the first time in history, Standard and Poor’s have reduced the credit rating of the US Government on Friday. The opinion of S&P is the fact that the federal debt ceiling approved by the US Congress will still be short enough to make the long term finances of the nation more stabilized.

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Fear Of Recession 2011 Grips As Share Markets Are Crashing Down

August 05, 2011   JIT Mukherjii

BSE Sensex is moving down and down as the world stock markets have started falling over the anticipation of another round of recession 2011 in the US market. The fear has gathered momentum after the US government recently raised their level of debt limit.

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Creditors May Remain Unpaid As Jane Norman Goes Into Administration

June 27, 2011   JIT Mukherjii
jane norman

There is another casualty on the high street. The reputed women fashion retailer Jane Norman has closed all their 90 stores in the UK and gone into administration. The company tried to find a buyer for the business, but failed to do so.

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