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Google, Yahoo Revise Advertising Deals PDF Print E-mail
Written by The News Agent   
Thursday, 28 August 2008
dethDue to shrinking profit from online advertising, Google and Yahoo are scrambling to make their online advertising deals juicier to increase their online advertising revenue. We all know that the US market has slumped so badly that it might even near the Great Depression in the 1930s.

However, I still believe that the online market would somehow to be less affected when compared to conventional business.

Why?

Conventional Business: You spend money on conventional advertising, rent, electricity, salary, etc.. which adds to a huge business expenditure.

Internet Business: You just pay your server fees… literally…

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Auto Sales Depression PDF Print E-mail
Written by The News Agent   
Friday, 15 August 2008
srgPeople are conserving their money – period. This has result in a huge drop in expenditure and the auto industry is suffering from the effects of slower sales. The following auto market leaders have reported that this is the worst auto sales period since 1983.

Percentage of sales affected:

GM: Sales down 45%

Ford: Sales down 30%

Toyota: Sales down 23%

Chrysler: Sales down 36%

Hyundai: Sales down 31%

Suzuki: Sales down 44%

Nissan: Sales down 33%
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Market Weaker as Sales in China Continues to Slow PDF Print E-mail
Written by The News Agent   
Saturday, 09 August 2008
srfgWe could see the after-effects of a global economic slowdown as China statistics were showing less than promising numbers. The US and China market is closely linked together as majority of the companies established in China are from US.

On the other hand, one of the worst hit industries in China is none other than the insurance industry with two of their insurance giants, namely China Life and Ping An having huge profit cuts – as much as 70%.
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