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Foreign VC/PE Firms Remain Confident in the Prospect of China Market

added: 09-04-2009

China Venture Capital Association (CVCA) released the latest survey report on the China VC/PE industry. According to the report, in the context of the deepening global financial crisis and China's current economic difficulties, foreign VC/PE firms have generally slowed down their pace of investment in China, yet they still remain confident in the long-term development of the China market.

66% of Financial Services Companies Are Not Communicating Via Web Site Home Pages About Current Global Economic Crisis

added: 09-04-2009

The majority of financial services companies - 66% - have been silent recently when it comes to communicating about the troublesome economy on their corporate Web site home pages.

More Executives See Signs of Recovery Following March Stock Market Rally

added: 09-04-2009

Buoyed by a sustained stock market rally, executive attitudes about the state of the global economy ticked up in March, though the majority still feel we are in the midst of a "severe recession" according to results from the latest Executive Quiz released by The Korn/Ferry Institute. Additional findings show that executives favor limited involvement by governments in key corporate actions such as layoffs and compensation limits, but the majority feels that bonuses should be returned by executives at companies receiving government bailout funds.

U.S. Consumers Believe Mobile Banking Is Important

added: 09-04-2009

U.S. consumers believe mobile banking is important but do no not want to pay for it and also are wary of using their mobile devices such as cell phones, smartphones, and personal digital assistants (PDAs) for financial transactions and online banking, according to results of a survey conducted by KPMG LLP, the audit, tax and advisory firm.

EC Fights Late Payments

added: 09-04-2009

Despite some improvements during the past years, late payments in commercial transactions between companies or between businesses and public authorities still happen in the EU. This hampers the development of business and is even responsible for bankruptcies of otherwise viable companies, notably if they are Small- or Medium-Sized Enterprises (SMEs). Unfortunately up to now the payment culture of public authorities is not always applaudable. Given the current crisis, several Member States have therefore started to address this issue at national level.

mergermarket Japan M&A Round-Up Q1 2009

added: 09-04-2009

Japan has overtaken China in the first quarter of 2009 as the most active country in the Asia-Pacific region for the first time in five years. Japanese M&A accounts for 28% of the number of Asia-Pacific deals, while Chinese activity makes up 25%, according to mergermarket, the independent M&A intelligence provider.

Despite Lower Fuel Prices, AAA Reports Costs to Own, Operate Vehicle Remain Constant

added: 09-04-2009

AAA's 2009 edition of "Your Driving Costs" shows the average cost of owning and operating a new car in the U.S. has remained relatively unchanged despite lower fuel costs. The average cost for a new sedan driven 15,000 miles per year is 54 cents per mile, only 0.1 cent less than reported in 2008.

Discover® U.S. Spending MonitorSM Jumps Nearly 4 Points as Economic Optimism Increases

added: 09-04-2009

The Discover U.S. Spending Monitor jumped 3.8 points in March to 79.5 (based out of 100) as the number of consumers saying the economy was getting better nearly doubled from February.

US: Payroll Employment in March 2009

added: 09-04-2009

Total nonfarm payroll employment continued to fall sharply (-663,000) in March. Since the recession began in December 2007, 5.1 million jobs have been lost.

Evolving Landscape of Mobile Broadband in Asia

added: 09-04-2009

Asia's mobile subscriber total is expected to surpass 2 billion subscribers by 2012 when 63 percent of the regions' residents are expected to own a mobile phone. However, the fact remains that in 2008 only 8 percent of the region's subscriber base was using 3G and launches in several Asian markets have left much to be desired in terms of subscriber and revenue uptake.

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