BUSINESS

A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo

Asian Markets Decline On Weak Japan Data

Asian markets fell Thursday as investor confidence was weighed down by the report that Japan's trade deficit increased in August, raising more concerns about the faltering global economy.
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Federal Reserve Bank of New York CEO William Dudley believes QE3 remains a viable option to "provide greater stimulus" to the economy

The Truth Behind QE3

In the statement released with the initiation of the new program, it was obvious the Fed hoped to stimulate the economy while lowering unemployment and boosting the housing market.

Obama Spikes in Political Futures Markets As QE3 Ignites Furious Rally

All kinds of markets have been up following the announcement last Thursday of further monetary stimulus from the U.S. central bank. But the one thing that has gone up the most, according to futures markets where people put money on such things, are the chances Barack Obama will win the U.S. presidential election in November.
UAE

UAE Restricting Visas For Immigrants Workers From Asia

The UAE is making it more difficult for immigrant laborers to enter the country on tourist and other short-term visas in a bid to prevent foreign criminals from entering the country under the guise of looking for work. The rapidly developing country has been built up with immigrant labor mostly from South Asia, who form a majority of the Gulf nation's 8 million plus population.

Samsung Galaxy Note 2 Rumors: Verizon Logo Seen In Allegedly 'Leaked' Photos

Samsung?s Galaxy Note 2, the successor to its widely popular ?phablet? device, is rumored for an October release date in the United States. It seems as if the tablet/smartphone successor will be made available on more carriers than its predecessor, as recent alleged leaks have indicated a Galaxy Note 2 release for Verizon.

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