March exports decreased 5.7% to $28.68 billion and rose 5.5% when measured in rupees. Exports in the twelve months to March rose 20.9% in the U.S. dollar and 27.2% in rupee. Imports in the month rose 24.3% to $42.59 billion. The trade deficit was at $13.9 billion compared to $3.8 billion a year ago.

Kirin Holdings Company, Limited nine months revenues fell 1.8% to ¥1.67 trillion and net profit fell 56% to ¥41.71 billion or ¥43.67 a share.

Steady decline in the U.S. auto sales reached to a new low in September. The seasonally adjusted annual vehicles sales in the month declined to 15-year low of 12.5 million from 16.2 million a year ago. sales at Ford and Chrysler fell 33% and at Chrysler declined 16%.

When there is a deficiency of information, speculations are abundant. The Sovereign Wealth Funds, established to preserve the accumulated capital in different nations, are often the subject of criticism and mistrust in Europe and the U.S. Rupert Neil Bumfrey clearly explains the role and nature of these funds, both for their own economies and the West.