The latest business news is full of important occurrences that will impact your purchases. In the US, the Fed raised interest rates by 25 basis points as the UK Bank or investment company of England increased all of them by 0. 75 percent. In Asia, Hk and China are both experiencing growth, and major banking companies are high on both of some of those economies. In the mean time, the co-founder of software big Infosys states India will remain a cheap economy for at least another twenty years.