Business The U.S. Department of Commerce's Bureau of Economic Analysis and Census Bureau will not publish economic data during the government shutdown, the Wall Street Journal reported on Wednesday, citing an agency spokeswoman. 27 Dec 2018 12:45PM (Updated: 27 Dec 2018 01:00PM) Bookmark REUTERS: The U.S. Department of Commerce's Bureau of Economic Analysis and Census Bureau will not publish economic data during the ongoing partial government shutdown, the Wall Street Journal reported on Wednesday, citing an agency spokeswoman.The Commerce Department releases key figures on gross domestic product, inflation, personal income and spending, trade and new home sales, much of which are closely watched by investors and policymakers."Due to the lapse in Congressional Appropriations for Fiscal Year 2019, the U.S. Department of Commerce is closed," a notice on the department's website said. "Commerce Department websites will not be updated until further notice."A Commerce Department … [Read more...] about US Commerce Dept won’t publish economic data during shutdown: WSJ
Analysis sales data
SAN FRANCISCO -- A raft of profit warnings from Apple Inc suppliers this week has fueled investor concerns that iPhone sales, in terms of volume, have hit a wall that could spell trouble for the company's plans to make services its main pillar of growth. For the past year, investors had largely been willing to overlook stagnating unit sales of the iPhone because average selling prices kept rising. But it now faces fierce competition from mid-priced phones from makers such as Xiaomi Corp. Apple has often stated its plan to increase its revenue from paid services, such as Apple Music and iCloud. That, at least in part, requires a growing base of device owners driven by its iPhone, which analysts believe accounts for about two-thirds of the 1.3 billion Apple devices in use around the world. Mi mi mi: super fans of China's Xiaomi stoke IPO ambitions Apple unveils iCloud center in China as cyber laws tightened Wall Street analysts have expressed concerns that slower overall smartphone … [Read more...] about News Apple faces threat from ascendant Chinese phones: analysis
The news this week that troubled data “consultant” Cambridge Analytica has been working in the crypto space again raises important issues around blockchain ownership and the role that big data has to play in this. After some excellent reporting from the New York Times that, through the examination of company documents and interviews with former staff, seems to reveal that Cambridge Analytica was privately preparing to launch its own crypto-currency while also working, just as privately, as a fundraising consultant for crypto start-ups. The dailyReport Must-reads from across Asia - directly to your inbox Cambridge Analytica has dominated global headlines in recent weeks after being accused of improperly accessing millions of Facebook accounts and creating “psychographic profiles” – of voters or consumers or both – which the British company then passes on for profit. Cambridge Analytica worked for Donald Trump’s 2016 election campaign and … [Read more...] about What do we get when we mix big data, blockchain and casinos?
Resale prices of existing condos and private apartments in District 15, which includes the Katong and Amber Road areas, as well as District 10 have risen significantly following news of the Amber Park and Royalville collective sales last year. Edmund Tie & Co's caveats analysis of URA Realis data also showed that in some instances, prices of larger units in the resale market have seen a bigger price hike compared with smaller units. … [Read more...] about Collective sales push up private home resale prices
Controversy has followed as major retailers struggle to increase sales and market share, including by violating consumer’s lives in search of insight into their lifestyles. Kiatanantha Lounkaew, a lecturer at the Faculty of Economics, Thammasat University, said that the 4.0 era wave is sweeping through the retail business landscape in Thailand. He pointed to two recent notable examples – Big C’s experimental mobile retail truck and the takeover of tarad.com by TCC Group, a parent company of Thai Beverage (ThaiBev) and also owner of Big C Supercenter. “What underlies strategic moves of these two players is what I call “Walton 4.0”. While both of them seem to have different business moves, they possess the same strategic motive, which is what I call “Walton 4.0”. Sam Walton created Walmart based on three essential pillars. The first pillar is integrated logistics, which integrated small towns into one big market for Walmart. Such … [Read more...] about Retail’s future lies in Big Data about customers