Asian stock markets crashed today with Chinese markets crashing over 5% and the Indian markets crashed by over 1.5% by mid day. The crash is attributed to the very high rate of inflation in these countries due to high food prices and also due to the high crude oil prices and resultant inflation in almost […]
FeDex, which is seen as the bellwether for the broader US economy has reported a fourth quarter loss, and it has also predicted a gloomy picture for the coming quarters. It said that the slackening US economy coupled with increasing air fuel prices is hitting is business and cost of operation badly and hence has […]
International bond market is slowly but steadily limping back to normalcy it seems. Emerging market sovereign and quasi-sovereign borrowers are able to make bond offers and collect money from international markets in the last few weeks. Indonesia sold 2.2 billion dollars of bonds, Poland sold 3 billion dollars 10 year bonds, Romania last week issues […]
Normally any person undergoing the strain of mounting debt decides to bite the bullet only after many sleepless nights and also only after spoiling his credibility with each and every link be his friends / relatives / bankers / lenders / shops etc. over the period. Thus he will be under tremendous stress and many […]
Morgan Stanley on wednesday reported a 61% drop in second quarter profits as the mortgage credit crisis continued to impact trading and investment companies’ fortunes. The actual profit would have been lower but for the 1.4 billion dollar asset sales including its spanish wealth management business. Global banks and investment bankers have already written down […]
There are many websites that give you a list of shops that sell the product you want to buy. But you would have noticed that they do not carry quite a few shops which sell online, only because these companies have not tied up with the particular website on payment terms. Now, www.shopwiki.com has got […]
Japan has developed a car that will run on water . Hold your breathe. Yes it is the water we drink. The generator in this car seperates the hydrogen in the water and uses it to produce power on which the car runs. The testing of the car is on, and researchers are saying that […]
You would have been zapped by the excellent and ever changing Ringtones in your envied neighbours’ cellphones. Or you might have been bored with the limited ringtones you got from your service provider at the time of purchasing your cell number connection. Now you can get all the latest and also most of […]
The game is coming round a full circle it seems for FED. After continuously and rapidly reducing the base lending rate of interest for banks, now the US Federal Reserve, the Central Banker to the United States, is decided on the direction of interest rates. They will only go up and no more reductions. The […]
When you are playing games in your computer , quite often you could have found it difficult to play for more than 30-40 minutes. The reason for this could be primarily with the computer monitor. Poor picture contrast, poor color contrast, inflexible non adjustable monitor, huge monitor size etc. could be some of the reasons.
Now […]
