Monthly Archives: July 2013

Pakistan elects businessman Mamnoon Hussain president

Pakistan on Tuesday elected businessman Mamnoon Hussain as its 12th president, replacing the unpopular Asif Ali Zardari, whose five-year term expires in September. Lawmakers from both houses of the national parliament and four provincial assemblies voted Hussain into the ceremonial … Continue reading

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China manufacturing falls to 11-month low

China’s manufacturing activity contracted to a 11-month low in July, an HSBC survey showed Wednesday, the first evidence of the Asian economic giant losing further momentum in third quarter. The British banking giant said its preliminary purchasing managers’ index (PMI) … Continue reading

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China seen overtaking US as global superpower

A majority of people across the globe believes China will eventually eclipse the United States as the world’s leading economy, a new survey released on Thursday showed, although America is still widely seen as holding on to the top spot … Continue reading

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Goldman Sachs makes $20 Million investment in Indian medical device company

An Indian business publication is reporting that U.S. investment bank Goldman Sachs is making a $20 million equity investment in an Indian medical device company. BPL Medical Technologies makes electrocardiographs, defibrillators, patient monitors, oxygenators and ultrasound scanners among other medical equipment and is … Continue reading

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Casts made by 3-D printing, light, durable and waterproof

Light, durable, and waterproof, the Cortex Exoskeletal cast is one of the first innovations in orthopedic cast technology in decades. The Cortex Exoskeletal cast, a nylon cast created with 3-D printing technologies, could be the first major change in decades … Continue reading

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Japanese investors views Thailand as ASEAN Economic Community hub

Japanese investors still consider Thailand as a manufacturing hub and will continue to use the country as a gateway to penetrate emerging markets in Southeast Asia. Seiya Sukegawa, vice-president of the Japan External Trade Organization, said Thailand will continue to … Continue reading

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China June trade surplus widens to $27.13 Billion

China’s exports and imports unexpectedly declined in June, underscoring the severity of the slowdown in the world’s second-biggest economy as Premier Li Keqiang reins in credit growth. Overseas shipments fell 3.1 percent from a year earlier, the most since the global financial … Continue reading

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