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Wireless Broadband Explosion in Australia

added: 14-08-2008

Mobile data traffic is soaring. This is due to the capped mobile data services now on offer in the market by Optus (Virgin Mobile), Vodafone and Hutchison ‘3’. By far the largest growth market will be in mobile email. With the benefit of uncapped prices customers will check their web mail more frequently and this will begin to effect SMS usage. Slowly but surely prices are coming down and opening up new mass markets.

Mobile Money Transfers Opportunity for Service Providers to Exceed $5bn by 2013

added: 13-08-2008

A new analysis by Juniper Research forecasts that Service Provider revenues, derived from mobile money transfer services and remittances, will exceed $5bn globally by 2013 - based on the commissions and charges that they will acquire from the gross value of money transactions made, both domestically within countries and internationally.

OPEC Crude Oil Output Rises 300,000 b/d to 32.77 Million Barrels Per Day In July 2008

added: 13-08-2008

The Organization of the Petroleum Exporting Countries' (OPEC) 13 members boosted their collective crude oil production by 300,000 barrels per day (b/d) in July to average 32.77 million b/d over the month, according to a Platts survey of OPEC and oil industry officials just released.

Very Poor Countries on the Wrong Side of a Growing Logistical Divide

added: 12-08-2008

The gap between developed and developing countries has been a global concern for decades, but skyrocketing oil prices and the general growth of world markets threaten to widen the gap between the developing and least developed countries, particularly landlocked countries in regions with weak economic performance, according to a new report from The Conference Board.

Composite Leading Indicators Signal Sharper Slowdown in OECD Area

added: 08-08-2008

OECD composite leading indicators (CLIs) for June 2008 indicate a continued weakening outlook for all the major seven economies. The latest data for major non-OECD member economies tentatively point to expansion in China and Brazil and a downturn in India and Russia.

Hedge Funds Lose Ground in July 2008

added: 08-08-2008

Hedge funds tracked by Greenwich Alternative Investments fell in July, but continue to perform favorably against equity indices on the year.

Chinese House Prices to Show First Falls in 18 Months

added: 08-08-2008

The latest figures on residential prices across China will be released in the coming week. This monthly report will reflect price trends across 70 cities, which should provide evidence that prices fell in July for the first time in over 18 months at a national level.

Boeing Forecasts Continued Strong Air Cargo Traffic Growth

added: 07-08-2008

The Boeing Company projects that the global air cargo market will continue to exhibit strong, long-term growth, according to the company's Current Market Outlook 2008. During the 20-year forecast period, Boeing projects that the industry will grow at an annualized average of 5.8 percent with the world freighter fleet increasing from 1,948 to 3,892 airplanes.

Merchandise Trade Volume Growth Remains Sluggish In First Quarter 2008

added: 01-08-2008

Despite a modest recovery of quarterly trade volumes (2.5% for exports and 0.4% for imports), year-on-year import volume growth of the Group of Seven continued to slow in the first quarter 2008 to only 1.0%, the lowest rate since the first quarter 2006. Exports were up 5.6% in the first quarter of 2008 compared with the same period in 2007.

Visa Estimates $77.3 Trillion in Global Commercial Spending for 2007

added: 31-07-2008

Annual global commercial spending grew to an estimated $77.3 trillion in 2007, an increase of 12.2 percent from $68.9 trillion in 2006, according to data from the Commercial Consumption Expenditure (CCE) index released by Visa Inc. Commercial spending in the United States grew to an estimated $19.7 trillion in 2007, up 5.5 percent from the 2006 total of $18.7 trillion.

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