Honda Motor Corp expressed caution on investing in emerging markets as Japan sales fell by 24%. Although it saw a strong sales performance April-June in Asia, Honda Motor Co.
Industry
Private investments in the Philippines soar
Reports said that investments in the Philippines increased by almost 40% after six months. Asia's 'rising economic tiger' posted another increase in local and foreign investments as four major placement agencies approved businesses today.
China's economic slump will affect the globe - GIC
According to Singapore's GIC, China's credit crunch will have great effects on many economies worldwide.
Slow year for cross-border M&A: Thomson Reuters
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
China PMI shows modest growth in July
China's PMI showed growth in July, offering hope that the country's economy is recovering.
Latest News
According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.
China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.
Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.
After the announcement of their merger, Omnicom and Publicis are now targeting industry giants like Google, Tweeter and Facebook for their advertising.
