A Profile of the Asian Economy
With the world's two fastest growing economies and 60% of the world's population, Asia is emerging as arguably the most important market in world trade.The Asian economy is already the largest continental economy in the world. The biggest players within Asia, according to GDP, are Japan, China, India and South Korea. China has largest economy of those and has emerged as the second largest in the world (when not including the EU) behind the US although it is anticipated that it will soon overtake and claim top spot. Japan, for a long time Asia's financial superpower is now second whilst India, in terms of purchasing power, can be considered the third largest....
Wireless Phone Company - Public Offering
When AT&T Wireless offered its first Initial Public Offering in early 2000, it outdid the previous largest IPO by UPS (United Parcel Services). While the company offered about 360 million shares priced between $26 and $32 per share, it managed to raise a capital of $10.6 billion with each share being sold at $29.50, slightly above the mid-point of the price range. This was approximately twice the capital raised by the UPS, which managed to raise $5.52 billion by going public. However, not everything was smooth with the largest among the high profile US IPOs.When the offering was made public in April 2000, AT&T Wireless encountered hesitant market behavior thanks to the reports indicating an increase in inflation. This data, along with the reports of a rise in labor costs by the Labor Department, made it a less than perfect day for the IPO. The telecom industry was on the verge of several ambitious acquisitions and mergers such as those between the Bell Atlantic and Vodafone AirTouch, SBC Communications and BellSouth and the acquisition of Sprint PCS by MCI WorldCom....
Even With No Down Payment You Can Still Buy a New Vehicle
If you have bad credit and no money for a down payment, buying a car can be a really difficult task for a number of reasons. First, everyone knows that auto dealerships mark up the cost of the vehicles that they sell in order to make the largest profit possible on them. The best way to get that sticker price reduced is to offer the dealer cash, which gives him more profit in his pocket (since he doesn't have to go to the bank for the money). That means people with bad credit and no money to offer as a down payment are at an extreme disadvantage when shopping for autos.....