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added: 21-10-2008

Mobile users in the US are on their phones more than ever, talking, texting, watching videos and using the mobile Web. Over one-half (54%) of mobile users surveyed in September 2008 by Azuki Systems said their usage had increased by more than 25% over the past two years. One-fifth said their usage had increased by 50% or more.

ASEM Partners Account For A Third Of EU27 Imports And 18% Of Exports

added: 20-10-2008

Between 2000 and 2007, EU27 exports and imports of goods to the 16 Asian countries taking part in the Asia-Europe Meeting (ASEM) grew by around 60%: exports rose from 146 billion euro to 228 bn, while imports increased from 285 bn to 459 bn. The EU27 deficit in trade with the ASEM partners grew from 139 bn in 2000 to 231 bn in 2007. The ASEM partners accounted for more than a quarter of the EU27's total external trade in goods in 2007: 18% of exports and 32% of imports.

Chinese National Economy: Steady and Fast Growth in the First Three Quarters of 2008

added: 20-10-2008

In the first three quarters of 2008, faced with the sequential severe natural disasters and the negative impacts brought about by the world economic and financial turmoil, the central government took stock of the situation, made decisions resolutely and adopted an array of macro-control policies. As a result, the national economy kept a steady and fast growth with a good overall situation.

International Buyers Continue To Look To China For Gifts And Home Products Despite Financial Challenges

added: 20-10-2008

Research conducted last week by Global Sources has revealed that price increases and a decrease in consumer spending are the two biggest challenges facing buyers in the next 12 months. To address these issues, buyers are looking to consolidate existing suppliers; enter new markets; and look for more competitively-priced products. However, the research also revealed that 77 percent of the 300 buyers who responded plan to increase or keep their sourcing volume the same in the next 12 months, and will continue to source most of their gifts and home products from China.

Financial Markets: South Korea Moves To Shore Up Finances

added: 20-10-2008

Struggling South Korea has further boosted its attempts to stabilise its weak currency and financial markets. Two days after promising to cut taxes and boost spending, the country yesterday promised to guarantee as much as $US130 billion in bank debts and supply lenders with dollars to stabilize the financial markets.

comScore Media Metrix Ranks Top 50 U.S. Web Properties for September 2008

added: 20-10-2008

comScore, Inc.released its monthly analysis of U.S. consumer activity at the top online properties for September 2008 based on data from the comScore Media Metrix service. The tumultuous financial markets and the upcoming presidential elections were the main drivers of Internet traffic for the month.

U.S. Venture Investment Drops 7% to $7.37 Billion in 3Q08

added: 20-10-2008

As the economy weakened during the third quarter, venture capitalists continued to rein in investments in U.S.-based companies, according to the Quarterly U.S. Venture Capital Report from Dow Jones VentureSource. The third quarter of 2008 saw $7.37 billion in venture capital invested into 583 deals, 7% less than the $7.94 billion put into 673 deals during the same period last year and the second consecutive quarter of year-over-year declines.

Powerful Clusters: Main Drivers of Europe’s Competitiveness

added: 20-10-2008

Competitive clusters are powerful engines of economic development and drivers for innovation in the European Union. They provide a fertile business environment for companies, especially Small and Medium sized Enterprises (SMEs), to collaborate with research institutions, suppliers, customers and competitors located in the same geographical area.

US Usual Weekly Earnings Summary - Third Quarter 2008

added: 20-10-2008

Median weekly earnings of the nation's 107.2 million full-time wage and salary workers were $720 in the third quarter of 2008, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This was 3.6 percent higher than a year earlier, compared with a gain of 5.3 percent in the Consumer Price Index for All Urban Consumers(CPI-U) over the same period.

Fitch Comments on Government Programs, Current Crisis & Implications for Bank Ratings

added: 20-10-2008

Fitch Ratings has been assessing the myriad of events and announcements in recent days from major banks and governments around the world. The systemic crisis that has gripped financial markets and financial institutions globally has led to significant government initiatives aimed at restoring confidence to financial markets and providing the institutions with the necessary tools to help them navigate through markets that have been volatile at best and nearly paralyzed at times in recent weeks.

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