News tagged with economic slump
Japan's top chipmaker Toshiba posts record loss
(AP) -- Japan's top chipmaker Toshiba Corp. tumbled to a record annual loss amid sinking global demand that has forced it to cut thousands of jobs.
May 08, 2009 |
5 / 5 (1) |
1
US firm investing billions in crisis-hit chip industry
Despite the economic slump that has battered the semiconductor business, a new player from the United States' Silicon Valley technology belt is investing billions of dollars in a bid to catch the next wave ...
Apr 09, 2009 |
4.2 / 5 (5) |
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Smart bubbly, corny USB sticks lead fair's gadget parade
Intelligent champagne bottles, "green" USB sticks made of corn and an understanding alarm clock led the parade of fun, futuristic gadgets at the world's biggest high-tech fair.
Electronics / Consumer & Gadgets
Mar 04, 2009 |
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Panasonic posts loss, forecasts full year red ink
(AP) -- Panasonic Corp. stayed in the red in the latest quarter and projected a huge annual loss due to slumping TV sales and a strong yen.
Oct 31, 2011 |
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IDC upbeat on Asia business intelligence software market
Asia's business intelligence software market excluding Japan should grow an annual 20.5 percent this year as economies rebound from last year's downturn, a report said Thursday.
Apr 29, 2010 |
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Sony books $870mln quarterly profit
Japanese electronics and entertainment giant Sony Corp. Thursday announced a third-quarter net profit of 870 million dollars, a result it said "significantly exceeded expectations".
Feb 04, 2010 |
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Toshiba to stop making mobile phones in Japan
(AP) -- Japan's top chipmaker Toshiba Corp. said Wednesday it will end production of mobile phones in Japan due to plummeting demand amid an economic slump.
May 20, 2009 |
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Japan's NEC to exit supercomputer project
Japan's ailing IT giant NEC Corp. said Thursday that it would withdraw from a government-backed supercomputer project as part of its efforts to cut costs during the economic slump.
May 14, 2009 |
3 / 5 (2) |
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Asia Pacific PC sales down five pct in first quarter: report
Sales of personal computers in the Asia Pacific region excluding Japan fell five percent in the first quarter from the previous year as a global economic slump hurt demand, a report said Monday.
Apr 20, 2009 |
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Probing Question: How do we know a recession has ended?
In today's struggling economy, one check on the day's news is bound to turn up reports of unemployment, falling home values and foreclosures.
Other Sciences / Economics & Business
Oct 21, 2010 |
2 / 5 (1) |
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India's TCS announces 29 pct quarterly profit jump
India's biggest software services exporter, TCS, reported Friday that its quarterly net profit rose by 29 percent as the company sealed more deals in a better global business environment.
Oct 16, 2009 |
5 / 5 (2) |
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Recession
In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
For more information about Recession, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
