The hard reality is that companies involved in global trade are almost always exposed to exchange rate risk. Using very simple tools, uncertainty can be effectively stripped out of a transaction.
As Europe prepares to get its hands on the Samsung Galaxy S3 on May 29, the U.S and Canada have only been given a tentative summer release date. However, an ad spotted by MobileSyrup has revealed that the phone will be released in Canada on June 20, with pre-orders starting now.
China's government bet big on shipping in the last decade. For a time, it paid off, even propelling the country to the world's top spot in shipbuilding. Now a major global slowdown is hurting the sector, and shipyards are in line for closure
China's growing hunger for the RV is providing further evidence for the theory that the Middle Kingdom is trying to become more American -- at least in its pastimes.
Asian markets fell Friday on increasing concerns about China?s economic slowdown and Greece exiting the euro zone.
2012 will be a historic moment in the shift of global power from the West to the East. According to expert estimates and figures on military spending, in 2012 Asia's spending on defense will eclipse Europe's for the first time in the modern era.
Asian markets fell Thursday on increasing concerns about the debt crisis looming over the euro zone as national leaders were unable to present specific steps to overcome the situation in Europe.
The Philippines is getting ships and assistance from other countries as it faces off against China, but it's still a far cry from matching Beijing's military capabilities
Millions of people have pre-ordered the Samsung Galaxy S3; eagerly awaiting its release on May 29, but various reports suggest that the phone has already been released in Dubai.
Market sentiment continued to be negative as a report quoting former Greek prime minister Lucas Papademos stated that Greece was considering preparations to leave the euro zone. Greece will hold fresh elections June 17.
Asian stock markets declined Wednesday as renewed concerns of Greece's probable exit from the euro zone dampened sentiment.
Samsung Galaxy S3 enthusiasts in the U.S, who don't want to wait until the summer for the phone's release, can buy the unlocked international version of the phone from Amazon for $800.
Asian stock markets advanced for the second day Tuesday as China's commitment to stimulate growth in the world's second largest economy and signs of cooperation between German and French leaders buoyed sentiment.
A Japanese rocket has successfully delivered a South Korean satellite, possibly designed for military purposes, into orbit. The launch occurs a little more than a month after North Korea's spectacular rocket failure in mid-April.
Asian stock markets rebounded Monday after suffering heavy losses last week amid ongoing worries over the euro zone crisis.
For those who can't wait for the Samsung Galaxy S3's U.S launch this summer, an unlocked GSM version of the phone is available for pre-order on sites such as Amazon and Expansys.
Apple Inc.'s refresh of its top-selling iPhone is likely to include a larger screen, reflecting the final wishes of Steve Jobs and putting it in a class of devices previously defined by rivals.
Asian markets rose Thursday as the economic growth reported by Japan and possible additional monetary stimulus from Federal Reserve to spur growth of the US economy offset the increasing concern of Greece leaving the euro zone.
Shares in South Korea's Samsung Electronics extended their heavy slide on Thursday, on speculation that arch rival Apple Inc is looking to cut its reliance on Samsung memory chips and turn increasingly to Japanese chipmaker Elpida.
Shares of Micron Technology (Nasdaq: MU), the only U.S. maker of memory chips, jumped as much as 9 percent Thursday on a report that Apple (Nasdaq: AAPL), the world's most valuable technology company, had placed a huge order in Japan.
Lucky customers, who have pre-ordered their Galaxy S3 from certain Samsung stores in the U.K, will get their hands on the device the eve before the official May 30 release date.
Chinese fishermen are finding themselves at the center of foreign policy disputes between their country and many others across the region. Even friends like North Korea seem to have it out for Chinese fishing vessels.