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China: Operation of the National Real Estate Market from January to April 2009

added: 14-05-2009

From January to April, the total investment in real estate development was 729.0 billion yuan, up by 4.9 percent year-on-year, and 0.8 percentage points over first three months, while that of a decrease of 27.2 percentage points over same period of previous year. Of which, investment in commercial residential buildings reached 511.4 billion yuan, 3.4 percent of increase year-on-year, picking up 0.2 percentage points over first three months, or 31.8 percentage points dropped over same period of previous year, which occupied 70.2 percent of the investment in real estate development.

U.S. Import and Export Price Indexes in April 2009

added: 14-05-2009

The U.S. Import Price Index rose 1.6 percent in April, the Bureau of Labor Statistics of the U.S. Department of Labor reported. A 15.4 percent increase in import petroleum prices more than offset a 0.4 percent decline in the price index for nonpetroleum imports. Export prices also rose in April, increasing 0.5 percent.

Industrial Production Down by 2.0% in Euro Area in March 2009

added: 14-05-2009

In March 2009 compared with February 2009, seasonally adjusted industrial production fell by 2.0% in the euro area (EA16) and by 1.9% in the EU27. In February production decreased by 2.5% and 2.2% respectively. In March 2009 compared with March 2008, industrial production declined by 20.2% in the euro area and by 18.8% in the EU27.

Foreclosure Activity Remains at Record Levels in April 2009

added: 14-05-2009

RealtyTrac(R) released its April 2009 U.S. Foreclosure Market Report(TM), which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 342,038 U.S. properties during the month, an increase of less than 1 percent from the previous month and an increase of 32 percent from April 2008. The report also shows that one in every 374 U.S. housing units received a foreclosure filing in April, the highest monthly foreclosure rate ever posted since RealtyTrac began issuing its report in January 2005.

East, South Asia Free-Trade Deal Could Generate $260 Billion in Extra Income

added: 14-05-2009

A free-trade agreement covering East and South Asia could generate around US$260 billion in additional income and pave the way for further cooperation between the two regions, says a new book from ADB.

China Total Retail Sales of Consumer Goods Shot up in April 2009

added: 14-05-2009

In April, the total retail sales of consumer goods reached 934.32 billion yuan, a year-on-year increase of 14.8 percent.

58 Percent of Small Business Owners Don’t Know the True Value of Their Business

added: 14-05-2009

In today’s economy, knowing the value of your business is more important than ever. However, a new survey by management consulting firm George S. May International found that the majority of small business owners don’t know their organization’s true value.

Online Job Demand Falls Slightly Across Germany in April 2009

added: 14-05-2009

German online recruitment activity as measured by the Monster Employment Index fell slightly by five points. The German Index is now down 18 percent year-on-year with employer demand continuing to trend lower. Nevertheless, worker demand has declined less in Germany than for the EU as a whole.

Despite Economic Storm, CEO Turnover Declines in North America and Europe

added: 14-05-2009

Facing the worst economic crisis since the Great Depression, corporate boards in North America and Europe are holding fast to their current CEOs, finds management consulting firm Booz & Company in its 2008 annual survey of CEO turnover. The decline in succession rates in these two regions contrasts with the slight rise in chief executive departures globally. The financial services and energy sectors, most affected by the turmoil of 2008, saw outsized increases in CEO exits spurred not only by performance, but also by government interventions and volatility in commodity markets, respectively.

OECD’s Taxing Wages Shows Small Reduction in Taxes on Individual Wage Earners in 2008

added: 13-05-2009

Taxes on wage earners fell slightly in 2008 in many OECD countries, with Poland and Turkey showing the biggest drop for an unmarried person earning the average wage, according to the OECD’s annual Taxing Wages publication. But the situation for 2009 remains unclear as fiscal stimulus packages often include tax measures.

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