Posts Tagged ‘asian economy’

Nintendo to Blame for Sales Slump

nintendo sales slump

Is there somebody to blame for the recent slump in the gaming industry? Some analysts are starting to point the finger at Nintendo as yearly statistics indicate that Nintendo has a significant part in the industry revenues during 2010 and 2011. However, these figures may not tell the whole truth.   Nintendo Sales Slump Matt [...]

Tata Sons Successor By December

Tata Sons Successor By December

RK Krishnakumar, one of five selected members to a special committee created to interview and select the successor to Ratan Tata of the Tata Sons Company, a  telecom to tea conglomerate, announced that a successor will be announced before the end of this year. The Tata Sons Holding Company has shareholdings across the many group companies [...]

Kingdom Tower to Be Tallest Building

Kingdom Tower to Be Tallest Building

Just two years after the record changed places and the 2,717-foot Burj Khalifa became the world’s tallest  building, a new rival plan is already set to topple it from its number one spot. Originally costing $1.5 billion to build and standing tall in Dubai, it is a significant part of the nation’s sky line.   [...]

Nintendo Loses $300 Million, Miyamoto and Iwata Takes Pay Cut

Nintendo Loses $300 Million, Miyamoto and Iwata Takes Pay Cut

Just under 6 months ago Nintendo released the update to their highly popular touch screen handheld gaming system, the Nintendo DS. Always known for revolutionizing the gaming industry by seeking to expand the market and following the Blue Ocean Marketing Approach, Nintendo has moved away from the simple hand held controller dominated by only pressing [...]

Yeddyurappa Resigns

Yeddyurappa Resigns

After over three days of  tensions, Karnataka chief minister Yeddyurappa sent his letter of resignation to Bharatiya Janata Party President Gadkari. In his letter Yeddyurappa addressed his resignation but maintained his full support to the Bharatiya Janata Party. This comes as he was indicted on a mining issue in Lokayukta. President Gadkari accepted Yeddyurappa’s letter of resignation. [...]

China-ASEAN to Promote Economic Growth

China-ASEAN to Promote Economic Growth

ASEAN foreign ministers’ meetings held in Bali, Indonesia left those in attendance feeling that there will be increased Chinese cooperation and that this Chinese-ASEAN relations will increase economic growth and prosperity. ASEAN Secretary-General Surin Pitsuwan went onto elaborate that  Chinese-ASEAN relations will improve the region and encourage stability.     With China as the second largest economy [...]

Indian and Pakistani Officials Discuss Trade in Kashmir

India Pakistan Kashmir Trade

Pakistani and Indian officials renewed discussions of peace after talks stalled in 2008 upon the Mumbai terrorist attacks in which the attackers had ties to Pakistan.  Kashmir, an overwhelmingly Muslim populated region has been a topic of high tension ever since India was released from British rule in 1947.   Since its independence there has [...]

China Seeks to Consolidate 8 Industries Over the Next 5 Years

China is seeking to consolidate several industries over the next 5 years in an effort to increase industrial concentration and reduce overcapacity. According to Su Bo, Vice Minister of the industry and information technology, priority will be given to the automobile, electrolytic aluminum, equipment manufacturing, IT, cement, steel, rare earth mining,  and medical industries.   This [...]