According to recent developments in the stock market, it has been revealed that Asia seems to have seen a slight downturn in recent times. The MSCI Asia Pacific Index was a position which was weaker by 0.3%. This was the position incurred by it after it had recovered from a critical low, on Wednesday, amidst the lowest trading range post the crisis.
The step by Apple, to open outlet at China’s oldest and renowned University, has attracted criticism. The decision of it opening a shop at the campus made its fan furious as 16,000 people posted against it on Sina's Weibo, a popular social networking site of China.
China’s most populated and largest city of China, Shanghai has taken a preventive step in order to prevent lead poisoning in kids by ordering momentary closure of two plants, in which one plants is of the US origin, named as Johnson Controls.
The most trusted valuable lender and also the world’s largest bank, the Industrial and Commercial Bank of China (ICBC) has shown confidence in one of the powerful markets of world, India.
Recently, the China Internet Network Information Center has revealed that there is a tremendous increase, roughly 209%, in the number of Chinese micro-blog users where more than 195 million Chinese registered on micro-blog website by the end of June.
Though Asian economies are showing the spirit amid the global crisis, but the Asian Development Bank seems not be gratified with this and due to that they had reduced their revenue targets not for one years but for two years and that is for 2011 and 2012.
China has made it clear that other countries should not wait for bailouts that would be given by then rather they should put their things in order to overcome the financial crisis. The news came in to lime light when Asian market closed to its lowest since the start of the year.
To tell in details: the country’s largest lender, Commonwealth Bank of Australia dropped by 2.5% while Samsung Electronics performed well after it got publicized that Samsung products would not be banned in Germany.
Hotels. com recently released a report showcasing about the hotel room rates and increase in same in the time. From the report, it was revealed that the hotel room rates in Melbourne and Sydney has the highest and the fastest rising room rates worldwide in the first half of 2011.
Recently, a poll was conducted to study about the region which has maximum interest of U. S. nationals.
The results of the poll were out on Wednesday and highlighted that American’s interests have now shifted from Europe to Asia, and major U. S. national interests lie in the Asian region today.
Though France, Spain and Sweden were some common names that were being expected to be heard in a survey by the plurality of respondents in nine out of 12 European Union countries, United States topped the list and remained even more important than Asia.
There was a high demand for someone who could protect the rights of woman, and could provide them a safe and healthy environment to live in.