Author: InvestAdvocate

Acer aims to capture 15% of tablet PC market in 2011

By Agency Reporter Saturday, 4 Dec 2010 BEIJING: Acer Incorporated said it’s aiming to capture 15 per cent of global tablet-computer sales next year, challenging Research In Motion Limited and Samsung Electronics Company for second place in a market dominated by Apple Incorporated’s iPad, Bloomberg reported on Thursday. Shipments will begin […]

Shanghai’s housing rents, hotel rates fall by 50% expo

By Agency Reporter Saturday, 4 Dec 2010 SHANGHAI: Shanghai’s apartment rents and hotel room rates near the World Expo site fell as much as half as China’s biggest international event this year ended, Bloomberg reported on Thursday. Rents on a two-bedroom apartment in the neighborhood, which fetched from 6,000 yuan ($900) […]

Distressed homes in US sell at biggest discount

By Agency Reporter Saturday, 4 Dec 2010 NEW YORK: United States homes in the foreclosure process sold for about 32 per cent less than non-distressed properties in the third quarter, the biggest discount in five years, as buyer demand slumped, according to RealtyTrac Incorporation, Bloomberg reported on Thursday. The average discount […]