China banks may need to raise billions of dollars of assets in the next few years. Because, with the massive loan, the local banks became vulnerable to bad credit. The few banks that has the potential to increase their capital, recorded more than 300 billion yuan (USD44 billion). They are the banks under regulatory pressure [...]
Japanese Trade Balance Surplus USD9, 1 M
Japan’s trade balance registered a surplus of 807.1 billion yen, equivalent to USD9, 1 billion as of 30 September 2009. And in the same period the previous year, the trade balance Bamboo Curtain country has recorded a deficit of 75 billion yen. As reported by the AFP, Wednesday (25/11/2009), Japan’s exports in October 2009 through [...]
Starbucks Entering China Market
Largest coffee shop in the world, Starbucks, will make China as the next major market after the United States (U.S.) in the near future. “This is really a very important thing. The presence Starbucks has truly become our second market,” said Head of the Company to China, Wang Jinlong, as quoted by Reuters on Wednesday [...]
World Bank Concerned About Increase in Interest Rates
World Bank worried about rising interest rates could trigger rapid inflation and slow economic recovery, especially in Europe and the United States (U.S.). “It’s the same as waiting for the bubble burst and then clean it and after it will be a new lesson is not expected,” said World Bank President Robert Zoellick in an [...]
