Shares of GOME Electrical Appliances Holdings, one of China's largest electronics appliance distributors, fell as much as 19 percent on Wednesday to their lowest in five months after its earnings lagged forecasts and triggered broker downgrades.
Tuesday, 27 Mar 2012 | Posted By:
| Source: CNBC.com
Digital advances are emerging as one of the hottest trends in the home appliance space. Think refrigerators that track your food inventory and expiration dates; washers and dryers you control remotely with a smartphone; robotic vacuum cleaners. Click ahead to view some of the coolest smart-tech appliances.
The Chinese government is planning new policies to boost domestic consumption, especially of vehicles and appliances, in a bid to offset the effects of sagging export demand, the China Daily reported on Wednesday, quoting a government official.
Thursday, 17 Nov 2011 | Source: The New York Times
With the poor job market and uncertain recovery, hundreds of thousands of Americans have put off moving out on their own — and that's depriving the economy of a lot of activity. The New York Times reports.