CHINA

Flat Burberry Sales Pull High-End Brands Down

Burberry graphic
After London-based Burberry Group PLC (LON: BRBY) reported flat comparable-store sales for its second quarter, market watchers are trying to digest cross signals in the luxury goods market.

48 Hours In Malaysia’s Historic, Food-Loving Penang

IBTimes Logo
Just off Malaysia's west coast on the Straits of Melaka, Penang island is a key Southeast Asian crossroad that historically brought together traders and armies from across the world -- creating a huge repository of culinary delights.
More news
Employees work on the floor of the outsourcing company WNS in Mumbai March 19, 2012.

India Hiring Outlook Weakest in Over 3 Years: Manpower

Most U.S. employers are unwilling to add workers because of uncertainty around November's elections, the Federal budget, and the effect of Europe's slowdown, according to a quarterly hiring survey by ManpowerGroup. The pace of hiring is expected to slow in large emerging economies including China and India.
File photo of stock brokers trading in a brokerage firm in Kolkata February 16, 2009.

Poor Returns Cast Cloud over BRIC Equity Funds

Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme.
Apple computers are seen inside the newest Apple Store in New York City's Grand Central Station

Global IT Spending To Rise 6% In 2012 To $3.6T: IDC

Venerable forecaster IDC predicted global spending on information technology this year will rise six percent to about $3.6 trillion, despite sluggishness in sector like PCs. The market also includes telecommunications services.
Asian Stocks

Asian Stocks Mostly Up on Stimulus Hopes

Asian stock markets mostly ended higher Monday on hopes that major economies including the U.S and China would soon announce a new round of stimulus measures to spur growth.
People walk past an electronic board displaying graphs of various market indices from around the world outside a brokerage in Tokyo

Asian Stocks Rise On China Stimulus Hopes

Most of the Asian markets rose Monday as investors remained hopeful that stimulus measures would soon be announced by China to boost its economy as its industrial production growth rate slowed down in August compared to previous month.
Cars on display

Low R&D Spend Threatens Auto Part Makers' Ambitions

From Daimler trucks in Germany to tractors in Brazil, Rohit Saboo's Indian automotive parts are making their way into vehicles all over the world. But as he scales up exports to compensate for slowing growth at home, a lack of spending on innovation is undermining his sales pitch.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.