Lately, people have often heard the expression fiscal stimulus, whether from television, radio, newspapers and magazines. What exactly is meant by this fiscal stimulus? How does it affect your company’s profitability? According to the Merriam Webster dictionary (1843), the stimulus comes from the Latin word for something that evokes activity, while fiscal means: pertaining to [...]
The United States said that the trade agreement between Taiwan and China offer hope for improved relations and stability in the region. “The United States welcomes the increased dialogue and interaction between the PRC (People` s Republic of China) and Taiwan is the realization that the new agreement, “said State Department spokesman Gordon Duguid after [...]
Oil prices fell again in Asian trade Thursday as concerns over rising gasoline reserves and U.S. employment data are much weaker than expected, analysts said. New York’s main contract, crude for light sweet August delivery fell 77 cents to 74.86 dollars per barrel position, as quoted from the AFP. Meanwhile, crude Brent North Sea “is [...]
