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Americans Feel Financial Strain in April

added: 18-04-2007

Americans grew more pessimistic about their personal level of financial security in April, as the COUNTRY Financial Security Index slipped 0.8 points to 69.4, down from 70.2 in February.

Global Biotechnology Makes Historic Advances

added: 18-04-2007

Strong product pipelines and product success, record-breaking financing totals, unprecedented deal activity and impressive financial results mark historic industry advances, according to Beyond Borders: Global Biotechnology Report 2007, Ernst & Young's 21st anniversary report on the biotechnology industry.

Total Highway Mileage in China Will be 2.1-2.3 Million Km by 2010

added: 18-04-2007

By the end of 2005, the total expressway mileage amounted to 41,000 km in China, ranking the country second in the world. The accumulated mileage of highway at county-level and town-level reached 1.4757 million km, sharing 85.4% of China’s newly-added highway mileage.

Scandinavian Banks Expected to Replicate Strong Profitability in 2007

added: 17-04-2007

Fitch Ratings says in a special report that Scandinavian banks are expected to extend their strong performance in 2007, supported by a favourable economic environment.

Three in 10 Consumers Say It's Hard to Make Ends Meet

added: 17-04-2007

According to the latest Experian-Gallup Personal Credit Index(SM) survey, 65 percent of consumers say they save some money regularly, while 31 percent report that it's hard enough just to make ends meet. The survey also revealed interesting statistics about consumer financial concerns, credit card usage, quality of life and spending habits

WTO: Risks Lie Ahead Following Stronger Trade in 2006

added: 17-04-2007

Risks in financial and property markets and large trade imbalances in goods and services mean increased uncertainty in 2007 and raise the prospect of weaker economic and trade expansion in the coming year, according to WTO economists.

Visa POS Volume Reaches US$110 Billion in 2006

added: 17-04-2007

Visa International, Latin American and Caribbean Region (LAC) reached US$110 billion in Point-of-Sale (POS) volume in the four quarters ending December 2006. This represents a year-over-year increase of 33 percent on all Visa-branded products in the region.

China Has the World’s Largest Mobile Phone Manufacturing Base

added: 17-04-2007

The global mobile phone shipment was approximately 970 million units with a production value of about USD 79 billion in 2006. The market share of the top 9 manufacturers reached 90.72% and that of the top 5 manufacturers was 83.88%, and Nokia ranked first in terms of sales volume, reaching 347.5 million units.

Asia Needs a Regional Bond Clearing and Settlement System?

added: 17-04-2007

Officials from central banks, regulatory agencies, global clearing houses and investment banks met in Singapore to explore whether Asia needs a regional bond clearing and settlement system to reduce foreign exchange risks to investors and make them less vulnerable to market fluctuations.

Euro area external trade deficit 1.7 bn euro in February

added: 17-04-2007

The first estimate for the euro area (EA13) trade balance with the rest of the world in February 2007 gave a 1.7 bn euro deficit compared with -3.3 bn in February 2006. The January 2007 balance was -7.0 bn, compared with -9.9 bn in January 2006. In February 2007 compared with January 2007, exports, seasonally adjusted, rose by 0.6% and imports by 2.3%.

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