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East, South Asia Free-Trade Deal Could Generate $260 Billion in Extra Income

added: 14-05-2009

A free-trade agreement covering East and South Asia could generate around US$260 billion in additional income and pave the way for further cooperation between the two regions, says a new book from ADB.

China Total Retail Sales of Consumer Goods Shot up in April 2009

added: 14-05-2009

In April, the total retail sales of consumer goods reached 934.32 billion yuan, a year-on-year increase of 14.8 percent.

58 Percent of Small Business Owners Don’t Know the True Value of Their Business

added: 14-05-2009

In today’s economy, knowing the value of your business is more important than ever. However, a new survey by management consulting firm George S. May International found that the majority of small business owners don’t know their organization’s true value.

Online Job Demand Falls Slightly Across Germany in April 2009

added: 14-05-2009

German online recruitment activity as measured by the Monster Employment Index fell slightly by five points. The German Index is now down 18 percent year-on-year with employer demand continuing to trend lower. Nevertheless, worker demand has declined less in Germany than for the EU as a whole.

Despite Economic Storm, CEO Turnover Declines in North America and Europe

added: 14-05-2009

Facing the worst economic crisis since the Great Depression, corporate boards in North America and Europe are holding fast to their current CEOs, finds management consulting firm Booz & Company in its 2008 annual survey of CEO turnover. The decline in succession rates in these two regions contrasts with the slight rise in chief executive departures globally. The financial services and energy sectors, most affected by the turmoil of 2008, saw outsized increases in CEO exits spurred not only by performance, but also by government interventions and volatility in commodity markets, respectively.

OECD’s Taxing Wages Shows Small Reduction in Taxes on Individual Wage Earners in 2008

added: 13-05-2009

Taxes on wage earners fell slightly in 2008 in many OECD countries, with Poland and Turkey showing the biggest drop for an unmarried person earning the average wage, according to the OECD’s annual Taxing Wages publication. But the situation for 2009 remains unclear as fiscal stimulus packages often include tax measures.

Most Americans Angry at Banks, Research Shows

added: 13-05-2009

Nearly 60% of Americans said they are angry at the banking industry according to a recent nationwide survey conducted by Resultant Research, the research arm of brand development firm Stealing Share, Inc.

Deloitte Consumer Spending Index Dips Again in April 2009

added: 13-05-2009

The Deloitte Consumer Spending Index declined in April as falling housing prices and rising unemployment claims offset gains from real wage growth, reduced tax burden and lower energy prices. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

Adults in Five Largest European Countries and the U.S. Believe There Will be Strikes and Political Extremism Will Rise in their Country in Next Three Years

added: 13-05-2009

A new Harris Interactive/France 24/International Herald Tribune survey conducted online by Harris Interactive® among a total of 6,449 adults (aged 16-64) within France, Germany, Great Britain, Spain, and the United States and adults (aged 18-64) in Italy finds that majorities in all six countries believe that in the next three years it is certain or probable that there will be strikes and/or demonstrations in their country and there will also be the rise of political extremism in their country.

30-Year Fixed Mortgage Rates Increase Slightly During First Week of May

added: 13-05-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year mortgages increased slightly last week. Last week's rate was 5.07 percent, up slightly from 5.05 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Meanwhile, rates for 15-year fixed mortgages were unchanged from the week prior at 4.70 percent, and 5-1 adjustable rate mortgages decreased, down to 4.27 percent from 4.30 percent the week prior.

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