In the wake of the current global economic crisis, Global Sources is inviting exporters anywhere in the world to list product information free of charge in the unverified supplier section of the company’s website, Global Sources Online. Moreover, on behalf of paid clients, Global Sources plans to assist with applications for export development grants from [...]
Financial Sponsored-Backed IPOs and SPACs Decrease to a Trickle While Non-US Issuers Stay Away The number of initial public offerings (IPOs) in the United States (US) has declined for three straight quarters as volatility in the US economy continues unabated. For the first nine months of 2008, there were 54 IPOs that raised $31.2 billion, [...]
According to the S&P/Case-Shiller Home Price Indices Data through August 2008, released today by Standard & Poor’s for its S&P/Case-Shiller(1) Home Price Indices, the leading measure of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, a trend that prevailed throughout the first half [...]
Senior Tax Analyst from the Tax & Accounting business of Thomson Reuters Provides Insight In a July 8, 2008 speech on the U.S. housing market, Treasury Secretary Henry M. Paulson, Jr. reported that 1.5 million foreclosures were started in 2007, and some economists estimate that about 2.5 million foreclosures will be started in 2008. By [...]