Wherever you are in the world, you’ve probably used or coveted some Japanese product – a Honda four-wheeler; a Toyota Prius, a Sony, a Panasonic TV, a Nikon camera. Since the 1950s, Japan’s exports have flooded the world and fueled an economic miracle at home, making that country one of the wealthiest in the world. [...]
This week, the President called for government reform through reorganization and a new Cabinet position, honored Martin Luther King, Jr., welcomed the Tuskegee airmen, the King of Jordan, and the 2011 World Series Champs, and traveled to the Magic Kingdom to unveil the latest “We Can’t Wait” action. Print PDF This post was submitted [...]
US photographic film pioneer files for bankruptcy protection after years of failing to make a profit in digital market. Eastman Kodak, the US-based company which brought photography to the masses over a century ago, has filed for bankruptcy protection after years of failing to become a profitable seller of modern consumer products. The 130-year-old photographic film [...]
Kraft Foods Inc said that splitting into two companies would lead it to cut about 1,600 jobs in North America this year and that its 2011 profit should be slightly higher than it had previously forecast. About 40 percent of the job cuts come from the company realigning its U.S. sales division, Kraft said. About [...]
91 persen responden di Indonesia, dalam sebuah survei global, percaya 2012 akan lebih baik Meski sedang bergejolak, umumnya orang di dunia optimistik tahun 2012 akan lebih baik. Hampir tiga perempat warga yang disurvei di 24 negara menyatakan ini. Ipsos/ Reuters menggelar survei untuk mengetahui apa pendapat mereka untuk setahun ke depan berdasarkan yang dialami di 2011. [...]
This month, consumer confidence jumped to itshighest level since April, a sign that the U.S. economy is starting to mend. But the housing market isn’t going along yet with this cheerier mood: Home prices were down 3.4 percent for the year as of October, according to a new report released Tuesday. Housing has been at the [...]
Currency expected to appreciate further next year as China ignores US pressure to devalue its currency The yuan has closed up against the United States dollar after hitting an all-time high in intra-day trading, guided by a stronger mid-point by the People’s Bank of China (PBOC), and looks set for an over four per cent [...]
“Milestone” for Asia as Chinese city beats New York and London in influential annual survey of world financial centres. Hong Kong has become the first Asian city to top an annual survey of global financial development, overtaking the world’s traditionally dominant financial industry hubs in New York and London. The World Economic Forum on Tuesday said that [...]
NEW YORK — Citigroup will lay off roughly 4,500 employees over the next few months, CEO Vikram Pandit said Tuesday, as Wall Street continues to bleed jobs amid tough economic times. Speaking at the Goldman Sachs Financial Services Conference in New York on Tuesday afternoon, Pandit said the cuts would come over the next few [...]
Badan Pusat Statistik (BPS) dalam laporan terakhirnya yang dirilis, Kamis, 1 Desember 2011 mencatat untuk pertama kalinya perdagangan Indonesia mengalami surplus dengan Tiongkok. Menanggapi hal itu, Ketua Umum Lembaga Kerjasama Ekonomi, Sosial, Budaya Indonesia dan Tiongkok, Sudrajad DP, peluang tersebut harus terus direbut Indonesia agar perekonomian di dalam negeri meningkat. Hal tersebut disampaikan Sudrajad DP [...]
With banks scaling back, fears grow that regional economic powerhouse might slide into recession. Asia’s economies have so far managed to escape the economic crisis in Europe and the US. But that resilience seems to be waning as fears grow that Hong Kong – a regional economic powerhouse – could slide into recession. As Al [...]
Komisi Kongres AS hanya punya waktu hingga hari Rabu untuk mengurangi defisit anggaran yang berjumlah 1,2 trilyun dolar. Tipis harapan bahwa komisi super dalam kongres Amerika akan bisa mencapai kata sepakat untuk mengurangi defisit anggaran yang berjumlah 1,2 trilyun dollar sebelum tenggat waktu habis hari Rabu. Komisi yang beranggotakan 12 anggota partai demokrat dan partai [...]
Bank of America’s sale of most of its shares in China Construction Bank earned the U.S. lender a tidy profit, but also underlined that BofA, like other foreign financial groups, found scant strategic gain in the Chinese stake it built. While banks from New York to Zurich may point to the odd initiative here or there forged [...]
The Federal Government is the largest property owner in the United States. But some 14,000 of its properties sit unused and unneeded, costing taxpayers millions of dollars a year in operating and maintenance expenses. To cut down on this wasteful and inefficient spending, the Obama Administration has taken unprecedented steps to reduce this stock of unused [...]
Neraca Pembayaran Indonesia (NPI) pada triwulan III 2011 mengalami defisit US$ 4 miliar dan jumlah cadangan devisa turun menjadi US$ 114,5 miliar. Jumlah cadangan devisa ini diperkirakan cukup untuk membiayai kebutuhan impor dan pembayaran utang luar negeri pemerintah selama 6,6 bulan. Transaksi berjalan hanya menunjukkan surplus US$ 0,2 miliar. Namun, surplus pada transaksi berjalan tersebut [...]
Financial markets appear willing to give the United States something they offer fewer and fewer countries these days — time to get public finances in order. It remains to be seen how long investors will remain patient, but many are betting the respite will last until next year’s presidential elections at least. Such a reprieve [...]
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