In a world where consumer spending is king, you wouldn’t think that there’s such a dependency on a global scale as far as American upon Asia. But there is. And this reaches much farther than just cheap manufacturing.
Oh yes, if you take into account that approximately forty percent [...]
I was listening to a report on NPR earlier this week and I found that it had a very important concept behind it. Currently, the United States Treasury Secretary and Federal Reserve chairman are trying to push through Congress a $700 billion bailout plan that makes absolutely no financial sense. [...]
The Asian markets just keep shifting around, antsy on what’s about to happen in the United States while we’re still contemplating “why” the $700 billion USD bailout plan is a good idea.
Obviously from a personal perspective, I find it an atrocity. The bailout is basically shifting the consequences onto the American [...]
NTT DOCOMO has dissolved HIVE, Inc. which was a subsidiary that was in charge of looking at anime-related marketing. Set up for anime related marketing and consultation services, it was part of a push for employee entrepreneurship. It’s actually no surprise that this move was done considering the pullback [...]
NTT DOCOMO (DCM: 19.50 0.00%) is creating a subsidiary that will be based in Shanghai, China. The subsidiary will be called DOCOMO China Co., Ltd. and will be established to service corporate mobile solutions locally and has a $4 million USD starting capital.
What’s interesting about this news is that two-fold. [...]
It’s interesting that the last couple of months, Asian currencies have been stronger against the dollar and the euro due to confidence of asian stock trades. But truthfully, did anyone really think otherwise?
While Japan’s economics has been in the dumps for a while now, and the Shanghai index has been on a [...]