Tag Archive

HDD (hard disk drive)

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Seagate was given a bloody brusing at the hands of the dismal economy last year. In Q1 2009, the HDD (hard disk drive) market took a steep nosedive and plunged almost 35 per cent. It sent the industry into shock, and Seagate was badly affected. Not surprising, since most of the hard disks in the... »

Japanese products overseas improved

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Japan’s exports fell at their slowest annual rate in a year in October, providing further evidence of the country’s emergence from recession. Exports from the world’s second largest economy totalled 5.3tn yen ($60bn; $36bn), a fall of 23.2% from the same month a year earlier. The main reason for the improvement was higher demand in Asia,... »

Forecast for oil demand

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Global oil demand has started to grow after falling for a year-and-a-half, the International Energy Agency said on Thursday, in a sign that Asia’s economic revival is boosting commodities consumption. The return of fuel consumption growth comes as oil prices surge to $75-$80 a barrel, up almost 70 per cent from January, prompting policymakers... »

END of CD’s era – IPOD raise

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One of Britain’s most prestigious hi-fi firms has signalled what could be the beginning of the end for CDs. Linn Products, which has the Royal Warrant, is to stop manufacturing CD players as demand plummets because more and more people are downloading music online instead. Founder Ivor Tiefenbrun, who set up the firm to sell turntables... »

Dollar drop Oil Prices increase

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Can a weaker dollar propel oil prices higher than current levels near $81 a barrel, or will bearish oil market fundamentals hold oil prices back? The correlation between oil prices and the dollar has reached a coefficient of -0.9 in 2009, Reuters data shows. That strong inverse relation means oil — priced in dollars — has... »

Gold held below its record high

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Gold held below its record high in early Asian trade on Wednesday, but could be set for another spike up as the U.S. dollar continues to struggle and inflation concerns grow, analysts said. Spot gold was quoted at $1,039.50 at 2245 GMT, based on Thomson Reuters data, retreating from an all-time peak of $1.043.45 set... »

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