According to the World Gold Council’s (WGC) most recent annual report, China is set to overtake India to become the largest market for gold in the world this year, due to increasing investment purchases of bullion, and rising sales of jewellery. Last year, gold sales to China rose by 20% from the year before to [...]
Posted in Featured Post, Gold Bullion 
Tags: Asian news, China, Demand, Gold, gold bullion, gold demand trends, India, jewellery, market, Overtake, south asian nation, wealthy citizens, world gold council 
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Gold is likely to hit $2,300 per ounce during 2012, and may even pass the $3,500 an ounce mark within the next three years. This is according to the Chief Executive Officer (CEO) of US gold miner Alacer Gold Corp (Public, TSE:ASR). Ed Dowling told Bloomberg that concerns regarding sovereign debt, as well as higher [...]
Posted in Featured Post, Gold Bullion Tags: anatolia minerals, China, Finance, Gold, gold bullion, gold price, investor demand, investors, market, Miner, price waterhouse coopers, stock markets, us economy, Year No Comments »
The British luxury car builder Bentley, a subsidiary of Volkswagen Group (FWB: VOW, VOW3) has reported that sales rose by 37 percent in 2011, with demand returning to the levels seen before the recession. In the year to December 31, Bentley sold 7003 cars, whose prices begin at £133,000 ($208,000). Bentley’s leading market remains the [...]
Posted in Economy, Featured Post Tags: Auto, bentley car, Car, Draft, global economic conditions, market, Model, volkswagen group No Comments »
According to recent news reports, deals giant LivingSocial is raising efforts in Malaysia, as the company is now set to offer deals in the country on a daily basis through the website Everyday.com.my – the firm’s local presence in the country. In the past, the website has offered deals regularly but not daily. It now [...]
Posted in Daily Deals, Featured Post Tags: com, daily basis, daily deals, Deals, Everday, LivingSocial, market, restaurants cafes, ticketmonster No Comments »
Car registrations went down by 4.4% during 2011 in the UK, according to an industry body – they declined to 1.94 million. This is the lowest amount of registrations in a single year in over ten years. The decrease in demand for new vehicles, which was evident right up to the year end, is in [...]
The South Korean government has approved a plan by Samsung Electronics to build a new flash memory chip plant in China. The industry has enjoyed substantial growth thanks to increased demand for smartphones and tablet devices. Firms in South Korea must apply to the government in order to establish production bases outside the country, for [...]
Posted in Economy, Entrepreneur, Featured Post Tags: Auto, Draft, flash memory chips, gartner estimate, market, percent, plant, south korean government, Tablet No Comments »
The US retail company Groupon (Public, NASDAQ:GRPN) has been hit by a large number of complaints by people using its services in the United Arab Emirates (UAE). The American daily deals firm launched its operations in the Middle Eastern nation recently – its site started running in the country in 2011. According to a number [...]
Stocks in the US closed considerably lower at the end of the day’s trading today, after the ECB (European Central Bank) head poured cold water on eurozone nations’ hopes that the bank will increase its level of bond-buying, to aid the debt crisis in the eurozone. The blue-chip Dow Jones Industrial Average slipped by 1.6% [...]
The UK’s Office of Fair Trading is planning to start an investigation into the daily deals website Groupon (Public, NASDAQ:GRPN), after it broke the country’s advertising regulations nearly 50 times in less than 12 months. Groupon was referred to the Office of Fair Trading (OFT) by the UK Advertising Standards Authority (ASA) last week. The [...]
Posted in Daily Deals, Featured Post Tags: formal rulings, Groupon, market, new york stock market, stock market debut, Trading No Comments »
According to Rightmove (Public, LON:RMV), the Internet based property company, the average asking price of houses that are being put up for sale in the UK has dropped by 3.1% over the last month. The firm has also stated that during November, the average asking price of British properties, which were new on the market, [...]
Posted in Economy, Featured Post Tags: british houses, drop, economic uncertainty, europe, house sellers, housing market, market, price, rightmove, Survey, uk economy, uk housing market No Comments »
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New Website Aims To Become Big Player In The Daily Deals Market 
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