It has been unveiled in a recent report that the world’s largest retailer Wal-Mart Stores Inc. (WMT) has however succeeded in raising its income in the second-quarter this year. It has but failed in meeting analysts’ expectations.
Indian Prime Minister Manmohan Singh has expressed concerns over Moody's recent downgrade of Indian GDP growth to 5.5 per cent due to deficient monsoon, rising prices and policy-inaction. India's UPA government is trying hard to save the image of India as an investment destination but due to recent scams and pending bills in Parliament, the investor sentiment has turned bearish for high growth economy.
With Prime Minister Julia Gillard having disclosed last month that the G20 summit in 2014 will be hosted by Brisbane, Federal Treasurer Wayne Swan has revealed in a recent announcement that the associated summit of G20 Finance Ministers, to be held prior to the main G20 forum, will be hosted at Cairns - the far north Queensland city.
In a reply, CEO of New Zealand's biggest realty firm Hayden Duncan stated although banking institutions might be making it simpler for property buyers there are a lot of constituents contributing to this `housing recovery' other than lower rates of interest.
After the Easter break, the traders and investors had been thinking positive for the markets. But on Tuesday, the markets of the world agitated openly against the reports of the US.
As per reports, it has been revealed that Brian Madderson of the Retail Motor Industry (RMI) has raised concerns about the shortage of fuel. He is also the chairman of the body, which represents 5,000 independent petrol stations, and being a chairman, he has called up a meeting with the ministers to discuss the condition with them.