China dumping US debt as North America's domestic buying soars

The China's withdrawing from the US government debt is being overlooked as robust demand in the domestic market is increasing. Several US mutual funds have started buying treasuries at auction. The US investors are also increasing their buying.


Amazon Destinations never made it far; halted 6 months after launch

Amazon Destinations, the Amazon group's hotel reservation service, surprisingly shut down its reservation service effectively on October 13, 2015. Amazon Destinations was launched in April and the site provided reservation services for hotels, inns and bed-and-breakfast properties in the Northeast, the Pasific Northwest, and Southern California.

President of Indonesia to Visit Silicon Valley’s tech giants on US trip

Indonesian president is scheduled to visit US's giant tech companies during his first trip in the United States. The trip will start on October 26 and it will be a five-day trip full of bilateral business agenda.

Land of rising sun warms up to investors

Despite down 12.7 percent from the 52-week high of 20,952.71 points, Japan's Nikkei offered 27.89 percent return for 2015 so far and the last two sessions of the previous week further indicated the upward momentum in the market.


Latest News

Twitter is joining YouTube in the social media advertising revolution by providing advertisers with a better tools for companies to measure its advertisement. The latest announcement was made via company's official blog on October 15th.
Google Play will get a major upgrade soon according to a teaser released by a Googler, Kirill Grouchnikov. Based on the teaser, the apps store will feature a better categorization method and will become a lot more user-friendly as Google is planning to cope with the increasing number of new users using the apps store.
Oculus Story Studio has released a new virtual reality movie for the Oculus Rift featuring a charming quill-covered animated character, Henry the hedgehog.
Many iPhone users are surprised when they could not access Apple News app in mainland China when they were able to use it in many places around the world. Granted that the said app is being tested in the United Kingdom and Australia, still the app is prevented by Chinese censorship from being activated.
AltaGas Ltd has put its investment plan of C$600 million ($464mn) on hold over an ongoing dispute over the tax on imported equipment. AltaGas has drawn a plan to export Liquefied Natural gas (LNG), but couldn't take it forward as it's involved over a tax dispute with the government. AltaGas is optimistic that the dispute will be resolved shortly and expected to take the project off in November.
A Russian researcher nicknamed Dark Purple launched a new version of computer killer: USB Killer version 2.0. The first version of USB Killer was announced on March 2015. Instead of storing data, 'killer USB' causes serious damage on a laptop or computer.
The labor market in Brazil, one of the BRICS (Brazil, Russia, India, China and South Africa) nations, is fast worsening owing to intensifying recession in the domestic economy. The unemployment rate rose to 7.6 percent from the record low of 4.3 percent at the end of 2014. Many industrial estates in Brazil are running down signaling next big crisis for the economy.
In China, the process in Volkswagen AG's diesel cars designed to fool emissions test greatly worries its quality watchdog. It said on Monday that these vehicles need to take specific follow-up measures.
Facebook may soon be your go-to app for shopping. The company disclosed Monday that it was testing new features that would enable users to buy products, without having to leave the app.
By the end of this year and next year, the global oil market will be in a fair and sensible condition. This is according to the expectation of the Organization of the Petroleum Exporting Countries secretary-general on Sunday.