Apple stocks drop 10% after growth concerns

The share drop came in the wake of Apple’s December results were announced. The company sold 47.8m iPhones in the three months to December, a year-on-year increase of 78 percent; revenues were up 18 percent to $54.4bn. However, the results fell significantly short of analysts’ expectations. Investors have expressed disappointment, in spite of reported net…

Britain’s big question: In or out?

In a long awaited speech, UK Prime Minister David Cameron has promised an in-out referendum on the country’s membership in the EU should his Conservative Party be returned to power following the next general election. Cameron said that the UK government will attempt to negotiate a new settlement with other European countries before putting the…

Short Term Loans Due to Sandy

The recent Hurricane Sandy has left a lot of destruction and property damage, but where does that lead people with loans?  If you happen to live in the northeastern portion of the United States, you do not need to be informed of the devastation that your state or town has endured due to the recent…

Moscow Stock Exchange set to launch its own IPO

The Moscow Stock Exchange has announced its IPO, but has so far not released any more concrete details. However, it has been confirmed that the banks handling the IPO will be JPMorgan Chase, Credit Suisse, Sberbank and VTBank. Analysts have suggested it is too early in the IPO’s pre-marketing phase to pinpoint how much the…

China reports slowest growth since 1999

Though China’s GDP growth slowed to its lowest in 13 years, the country finished 2012 in a slightly stronger position reporting 7.9 percent growth in the last quarter, compared to 7.4 in the three months before. The overall growth rates for the year topped 7.8 percent, significantly higher than some estimates of 7.5 percent. The…

Tips for Investing Real Estate

There is no argument that right now is the perfect time to be considering the US real estate market. So how can we make sure our real estate decision is a sound one? Obviously, doing some research and homework is indispensable. Assess Your Goals Before involved into the deal, you should make sure why you…

World Bank advises against fiscal stimulus

The World Bank has stated that despite weak growth forecasts countries should not be tempted by the quick fix of artificially stimulating their economies this year, and should instead invest in developing the backbone drivers of growth. New World Bank President Jim Yong Kim said: “The economic recovery remains fragile and uncertain, clouding the prospect…

Top Personal Financial Tips

Stick to Budget. Budgeting is a critical process which forces you to look at what you’re spending, where you’re spending it, and thus be able to make decision on where changes can be made to meet your financial goals. Invest. Financial investing can either be done independently or through a broker. It is often desirable…