Online Sales Surge In China

Published on August 19, 2010 by Technology Slice

Online Sales Surge In China – Transactions hit 2.25 trillion yuan ($A365.58 billion) in the January-June period, the China Daily said, citing a report by the China e-Business Research Centre. That compares with 3.6 trillion yuan for all of 2009, Qian Xiaoqian, deputy director of the State Council Information Office, was quoted as saying.

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Posted in Internet

Atom Smashes Gets More Powerful

Published on July 1, 2010 by Technology Slice

Atom Smashes Gets More Powerful – The Large Hadron Collider has been setting records for the intensity of proton collisions since scientists started firing beams of the sub-atomic particles at unprecedented energy levels on March 30, CERN spokesman James Gillies said. “It’s about CERN breaking its own records,” he said.

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Posted in Science

Gold Futures Up To $1200

Published on May 12, 2010 by Technology Slice

Gold Futures Up To $1200 – Gold futures topped $1,233 an ounce in electronic trading Wednesday morning in Asia, extending the hefty gains seen in New York as European debt concerns continued to draw investors to the precious-metals market. June gold, the most active contract by volume and open interest, added $19.50, or 1.6%, to [...]

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Posted in Money

Islamic Finance Is Worth Trillions

Published on April 7, 2010 by Technology Slice

Islamic Finance Is Worth Trillions – ISLAMIC financial bodies, which adhere to religious proscriptions against interest, have a market potential of at least US$5 trillion ($5.43 trillion), Moody’s Investors Service said. But Moody’s added that such institutions needed to develop their own derivative instruments, avoiding conventional derivative practices, if they wanted to retain their popularity [...]

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Posted in Money

Unemployment to Stay High

Published on February 18, 2010 by Technology Slice

Unemployment to Stay High – With the economy healing, Federal Reserve officials debated last month when to reel in the extraordinary stimulus aid they injected into the economy. Some officials wanted to start selling assets on the Fed’s books “in the near future,” documents released Wednesday show. Selling assets would sop up some of the [...]

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Posted in Money

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