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UNITED STATES

Unemployment, inflation worries hit consumer confidence

NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.

27 Jan 2011

SINGAPORE

Asia's 2011 optical industry looking good

SINGAPORE: Over 90% of optical retailers across six Asian markets are optimistic that the industry will continue to do well, if not better next year.

3 Nov 2010

UNITED STATES

Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.

27 Oct 2010

CHINA

Seismic shifts in the Pacific: China overtakes Japan

LAUSANNE, SWITZERLAND: It's official. As of the second quarter of this year the Chinese economy has taken over Japan's as number one in Asia and number two in the world. This has been foreseen for a few years, hence it is not a total surprise; but it is a shock nonetheless. It upsets the status quo that prevailed for over a century.

By Dr Jean-Pierre Lehmann 19 Aug 2010

AFRICA

International trade delegations flock to SAITEX

JOHANNESBURG, SA: At least 35 countries will be represented by the 337 companies exhibiting at the Southern African International Trade Exhibition (SAITEX) from 25 to 27 July. Many will be there as part of trade delegations from participating nations or regions. Under the auspices of embassies and trade federations, exhibitors will present a rich variety of products reflecting key exports of these countries.

21 Jul 2010