Archive for the ‘FOREX’ Category

Foxconn reopens Indian factory.

The iPhone manufacturer Foxconn has reopened a factory in India which was shut down temporarily when 250 workers fell sick, sending its shares up 9%.

The plant in Madras (Chennai), which makes mobile phone parts, was closed last Monday after workers complained of nausea and giddiness.
Work resumed on Saturday after the firm received [...]

US growth estimate revised down to 2.7%.

The US economy grew at an annual rate of 2.7% in the first three months of 2010, slower than previously estimated.
The Commerce Department had previously estimated growth at 3% versus the same period in 2009.
The new figure is disappointing as it is only the third quarter since the US economy stopped contracting, [...]

Gold Futures Market Facts .

For various reasons, trading futures contracts in the market have been popular for gold investors. Gold in can act as a hedge against inflation-it is, in fact a rare precious metal, and it has played as article of currency, for hundreds of years. As well as being a mark of [...]

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