Asia's go-go growth spurred the spread of countless factories, fed by expectations of exponential growth in demand.
Now that the boom has gone bust, Asia is suffering from capacity indigestion of monumental proportions.
Overcapacity in cement is so severe that unless plants are closed, the region may not see supply-demand equilibrium for at least seven years. China alone can produce nearly 110 million tons a year. Consumption in the region has fallen dramatically
This article explained the relationship between supply and demand. The industrial demand in Asia had been increasing for so long that the factories kept adding supply. When the demand dramatically fall, Asia suffered capacity indigestion. The excess supply was too severe that the equilibrium may not happen for 7 years. The demand could not keep up with supply.
In March US only created 88,000 jobs, the lowest monthly gain since June. Economists were expecting an increase of 190,000 jobs. However, the unemployment slipped to 7.6%, which is below the expected 7.7%. That decline was not a good news because 7.6% is the result of 500l000 people dropped out of the labor. They still don't have jobs, but they are not considered as unemployed.
This article talks about the growth of revenue from online advertisements, the main example here is ads on Online Mail. They show when there was a growth or fall in revenues during the recent times.
Indian government has announced that 60% of entire domestic pharma market will be under official price control. The policies of National Pharmaceuticals Pricing Policy will cover 348 products on the 2005 National List of Essential Medicines (NELM) plus others added to the newly-updated List (NELM-2011), which includes some 450 products.The long-awaited draft policy would also change the way prices of controlled products are regulated. Under the current Drug Price Control Order (DPCO), prices are based on market share, but the government's draft policy proposes changing to a system of setting a ceiling on the prices of formulations based on the Weighted Average Price of the leading three brands.
The article is talking about the strengthening housing recovery and robust auto sales contributed to moderate growth across the United States.Employers added only 88,000 jobs in March, a sharp slowdown from average gains of 220,000 in November through February. And consumers cut back on their spending at retail stores and restaurants last month, a sign that higher Social Security taxes have made more Americans cautious about spending.Debate was about Fed policymakers about when to rein in the bond-buying program, which began last fall.The Fed is expected to stick with plans to keep short-term interest rates at record lows at least until unemployment falls to 6.5 percent. And it will likely continue purchasing $85 billion a month in Treasury and mortgage bonds to lower long-term rates and encouraging more borrowing.
Sony has managed to get rid of the competing technology,the HD DVD. Instead of an increase gain in market share,Sony has had a decrease in market share. The reason is that people are savvy to the pricing strategies that vendors use. They understand that with no competition, Sony will eventually have to lower its own price. In taking out competition Sony has caused a decline in its own products.