Showing posts with label World Economic Forum. Show all posts
Showing posts with label World Economic Forum. Show all posts
Sunday, May 27, 2012
Asia This Day:Diamond Jeweler Expands
China's industrial earnings fell 2.2% year over year in April,a survey across more than 40 industries indicates.The cause is an export slump on account of the Greek crisis and weakened global demand.For 2012,the profit growth is estimated to reach 10-20%,following a 25.4% increse in 2011.China's inflation is at 3.4%,which is below the government target.Former Malaysian Prime Minister Mahatir Mohammad said that if just Greece alone leaves the euro currency,it will not affect Asia that much.It will still be possible to confine the effect to Europe,instead of the rest of the world,Dr.Mahatir believes.On Thursday,the World Economic Forum Asia opens in Bangkok,Thailand.Leaders attending will discuss the region's economic health and how to sustain its growth.Graff Diamonds Corporation,Ltd. is having a one billion dollar initial public offering in Hong Kong.In addition,the London-based jeweler plans to open 11 new stores in Asia,with 8 of them being in China.They already have 18 direct-owned stores worldwide,catering to the super rich.Only 20 customers generate nearly half their revenue.Most Asian markets have opened for trading today,Monday,but South Korea's is closed for Buddha's birthday.The MSCI Asia Pacific Index was down 0.26% in early trading.
Monday, January 30, 2012
Tech Trends:Google Exec Predicts Cheaper Smart Phones
Eric Schmidt,the software engineer who is Google's Executive Chairman,remains the public face of the company after having left the CEO role.His wide-ranging thoughts are heard
everywhere from the halls of Congress to the World Economic Forum that was just held in Davos,Switzerland.
Everything feels sluggish because there's not enough demand,Mr.Schmidt remarked in Davos,but the Internet continues to win advertising,which is less expensive on it.We haven't seen the slowness as hard as others.
Phones that are powerful will go down in price to 60-70 dollars for a billion people.People outside the Western world will rely on mobile phones in fundamental ways because they don't have access to TV and libraries.
We at Google love advertising and we innovate in many ways in it.We're coming up with new ways to make sure your advertising money is well spent.
In the cloud,you don't have to use email to collaborate.People need service and support,and applications can be built on top of it even if it's free.If 100 million people use it,you can make money from it,Eric Schmidt asserted.
Google's Q4 earnings were below estimates,causing the share price to drop 57 dollars.Wells Fargo downgraded the firm from outperform to market perform.
Google,Inc.(GOOG)
everywhere from the halls of Congress to the World Economic Forum that was just held in Davos,Switzerland.
Everything feels sluggish because there's not enough demand,Mr.Schmidt remarked in Davos,but the Internet continues to win advertising,which is less expensive on it.We haven't seen the slowness as hard as others.
Phones that are powerful will go down in price to 60-70 dollars for a billion people.People outside the Western world will rely on mobile phones in fundamental ways because they don't have access to TV and libraries.
We at Google love advertising and we innovate in many ways in it.We're coming up with new ways to make sure your advertising money is well spent.
In the cloud,you don't have to use email to collaborate.People need service and support,and applications can be built on top of it even if it's free.If 100 million people use it,you can make money from it,Eric Schmidt asserted.
Google's Q4 earnings were below estimates,causing the share price to drop 57 dollars.Wells Fargo downgraded the firm from outperform to market perform.
Google,Inc.(GOOG)
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