In a not so surprising report, by Stockholm International Peace Research Institute (SIPRI), US was named as the biggest exporter of weapons in the entire world. Guess who was the biggest importer? No prizes…it is China followed by India. US exports 30% of the entire world export. The volume of imports by India and Pakistan… Continue reading »
Mar
17
Mar
07
Luxury @ China
Luxury products can be defined as mature products which have historical attachment, global recognition and high perceived value or in short ‘a story to brag about’. These products are mildly correlated to the consumption and economic conditions of the consuming country. China, the biggest developing country of the world has surpassed US to become the… Continue reading »
Mar
06
The rise of Advertisement industry
The advertisement industry experienced drastic fall in revenues during the economic downturn last year. WPP, the world’s largest advertising company saw a fall in profits by 11% in 2009. Organizations in all major sectors in order to cut short their losses reduced the advertisement budgets handsomely. It is said that the health of the economy… Continue reading »
Feb
19
Consolidation in the online search industry..
Now you will find Microsoft’s Bing search engine in all yahoo pages! Microsoft’s move to buy Yahoo’s internet search and search advertising business has been cleared.The European Commission ruled that the deal “would not significantly impede effective competition”. How will this move affect the online search market? Currently, Google is the market leader and is… Continue reading »
Feb
19
US Securities are no more safe!
India and China, the largest developing economies of the world have decided to reduce their investments in the US government securities. The increasing level of fiscal deficit and unaccepted policies implemented in US have been some of the few reasons for its declining popularity. Once upon a time China was the single largest investor in… Continue reading »
Feb
13
What is SNS?
SMS, MMS and now SNS. SNS stands for social networking site which has reached the evangelical status among the netizens of the world. Almost one third of Chinese net users are member of these SNSs like Facebook, Orkut, hi5, renren etc. Recently these websites have succeeded in creating a new form of extreme online gamers… Continue reading »
Feb
06
Chicken fight or trade war?
In an answer to US imposing restrictions to import of Chinese tires, China has imposed anti-dumping duties of around 100% on imports of broiler chicken from US. China is the biggest importer of chicken products from US and with this move the American companies would be hit hard. In 2008 China imported more than 500… Continue reading »
Jan
14
What is Smishing?
Smishing is a word derived from the words SMS and Phishing wherein the sender tries to extract crucial financial information from the receiver. It works just like phishing mails. Every technology has its flip side and now it is the turn of mobile phones via SMSs. Beware! This is an example of a (complete) smishing… Continue reading »
