Author Archives: Adam

US firms added 227,000 jobs in January

US businesses added 227,000 jobs in January, way above economists’ forecasts of about 175,000. The figure, from the Bureau of Labor Statistics, compares with December’s rise of 157,000, revised up slightly from last month’s first estimate. However, average pay barely rose, and the number of people working part-time but looking for full-time work rose. Even so, the jobs growth suggests ... Read More »

Aus: international education exports surge to $21.8bn

Both the export revenue and student enrolments, which Department of Education and Training data shows totalled more than 700,000 in the year to November 2016, surpassed record highs. “There is strong global demand for Australian education and training and we are helping providers to pursue opportunities” “There is strong global demand for Australian education and training and we are helping ... Read More »

Samsung and Apple spent $61.7 billion on semiconductor chips in 2016

Samsung and Apple make the most money selling computers of different shapes and sizes, so it’s no surprise the two gobbled up a significant share of the global semiconductor chip market – for the sixth consecutive year, no less. According to stats published by Gartner, the two spent a combined $61.7 billion (up $400 million from 2015) and bought 18.2% ... Read More »

Denmark seeks harsher punishment for ‘revenge porn’

Denmark presented Friday a series of measures to curb “revenge porn”, the sharing of nude pictures or videos of people online without their consent, including raising the penalty from six months to two years in prison. “Nude photos of ex-lovers are being shared online to a shocking extent,” Danish Prime Minister Lars Lokke Rasmussen said on his Facebook account. “The ... Read More »

Trump to order review that could relax Dodd-Frank bank rules

US President Donald Trump is expected to take his first steps to scale back financial services regulations on Friday. He is due to sign an executive order to review the 2010 Dodd-Frank financial regulations, which some people on Wall Street say are overly-restrictive. The law was brought in after the 2008-09 financial crisis with the aim of avoiding another financial ... Read More »

Samsung Galaxy Note 4 currently going for under $350 in US

If you are in the US, and wouldn’t mind getting a device that reaching the end of its support life, here’s a nice deal. The Galaxy Note 4 has been discounted to $350. The device on offer is a T-Mobile unit but comes unlocked with 32GB internal memory. Color options include black and white. The listing says $399, but the ... Read More »

China’s Largest Chip Company to Build $30 Billion Semiconductor Factory

China’s largest chip maker has announced it will invest $30 billion (roughly Rs. 2,04,579 crores) to build a new semiconductor factory, as the world’s second largest economy seeks to reduce its dependence on foreign technology. The state-owned Tsinghua Unigroup will open the facility in the city of Nanjing in eastern Jiangsu province, where it will mainly produce chips used in ... Read More »

China’s economy grows 6.7% in 2016

China’s economy grew by 6.7% in 2016, compared with 6.9% a year earlier, according to official data, marking its slowest growth since 1990. The figure is in line with Beijing’s growth target of between 6.5% and 7%. But the data comes days after the leader of one Chinese province admitted GDP data was faked for several years. China is a ... Read More »

France attracts record number of int’l students, but loses market share

The Campus France report, 4,300,000 Étudiants Internationaux, shows international student numbers were up 7% between 2012 and 2015 to 309,642, making France the world’s fourth most popular study destination and the top francophone destination. “The competition is fiercer and fiercer for everybody. We are less dynamic in the market” However, the report also shows that other study destinations are stepping ... Read More »