Wednesday, April 2, 2014 Releases April Sale - 60% off Promotion

Los angeles, California (PRWEB) April 02, 2014

There are lots of people who are waiting for Axislayer 2014 sales. In fact, AxisLayer has released a discounted plan for this season. In this year, this hosting provider has come out with coupon codes. The special promotion will sale off all their hosting packages from 60%.This provider plans to offer 60% on all hosting plans such as: AxisLayer shared hosting.The prices post this discount shall look something like this:
Economy Plan: $0.50/month

Customers can lock in the discounted prices here:

Axis10 - 1 Cent Hosting on monthly billing
Axis60 - 60% off on all Shared hosting packages

Domain coupon codes

CONAMES - domain Deal Now (.CO @ $11.50 one year reg)
COMNAMES - domain coupon code (.COM @ $9 one year reg )
ORGNAMES - domain coupon code (.ORG @ $6 one year reg )
BIZNAMES - domain coupon code (.BIZ @ $6 one year reg )
EUNAMES - domain coupon code (.EU @ $4 one year reg )
INNAMES - domain coupon code (.IN @ $4.50 one year reg )
INETNAMES - domain coupon code (.IN.NET @ $4.50 one year reg )
ASIANAMES - domain coupon code (.ASIA @ $3.50 one year reg )
PWNAMES - domain coupon code (.PW @ $4.50 one year reg )

Each of the packages comes with a large quantity of features. For instance, the Starter Plan covers the following highlighted ones.

1) Unlimited disk space, bandwidth, MySQL databases, FTP accounts, email addresses & sub-domains.
2) cPanel control panel integrated with the self-built QuickInstall 1-click script installer.
3) PHP 5.3.27 and 5.4.17, MySQL 5.5.x, Perl 5.8.x, Apache 2.2.x & Zend Optimizer 3.3.9.
4) Shared SSL certificate & SSH..
5) Instant backups & $100 Google AdWords credits.
6) 99.9% Uptime Guarantee
7) 45-day Money Back Guarantee

As we know, AxisLayer is known as a hosting world leader in providing reseller, shared, VPS web hosting as well as dedicated servers to large and small businesses. In addition, this provider serves more than 10,000 customers and boasts of users from individual bloggers to Fortune 500 companies. In other words, it has recently established a Data Center in India that is outside of their DC in USA. They are well-known to issue many promotional codes to their partners and affiliates that have resulted in a big network of customers, who also promote their services too.

Statistics show that AxisLayer is rated 4.5 of 5 for feature, 4 of 5 for speed, 4 of 5 for reliability, 5 of 5 for control panel and 4.5 of 5 for technical support. In addition, according to the 122 real customer reviews, the company enjoys a 97.5% customer satisfaction rate.

Users can be assured of a great service too, earmarked to simply be a continuation of Axislayer's established services, spanning the entire online storage and hosting spectrum. Axislayer's range of services spread beyond web hosting, covering reseller hosting, VPS hosting, dedicated servers and the registering of domain names.

Axislayer users also enjoy a great support system, incorporating a seamless support portal, billing system, ticket system and live chat platform to improve the overall user experience and account for any problems users may experience.

About AxisLayer: is an internet hosting service provider, providing high-quality hosting solutions to small and medium-sized businesses, prominent individuals, non-profit organizations and government agencies. Axislayer enjoys a worldwide reach, with a product line supported by their promise of strong support.
Priding themselves on the provision of a solid foundation for businesses to thrive, Axislayer's current portfolio of clients sees them managing over 4,000 domain names and over 2000 web hosting services.

Tuesday, April 1, 2014

China's Xuzhou Zhongsen Missed Bond Coupon Payment, Paper Says

A privately held Chinese building materials company failed to pay interest on high-yield bonds, 21st Century Business Herald reported today.

Xuzhou Zhongsen Tonghao New Board Co., based in the eastern province of Jiangsu, missed the 10 percent Printable Coupons payment due March 28 on the notes, which it sold 180 million yuan ($29 million) of last year in a private placement, the report said, citing an unidentified person. The bond's guarantor, Sino-Capital Guaranty Trust, refused to pay on behalf of the company, according to the Guangzhou-based financial newspaper.

The default would mark the second for China's onshore bond market, following one by Shanghai Chaori Solar Energy Science & Technology Co. (002506) last month. Increasing defaults may signal the government has backed off from its practice of bailing out companies with bad debt. Premier Li Keqiang said in March at the conclusion of an annual legislative gathering that some defaults may be unavoidable as authorities tighten credit.

"In general, what we will see is a gradual unwinding of implicit government guarantee for a lot of credit products in China," said James Zhao, chief investment officer in Beijing at the international department of CCB Principal Asset Management Co. "There will continue to be a mixture of bond defaults and too-big-to-fail, or too-entangled, cases. It's now up to the market to find the pattern and investors will now have to figure out who is creditworthy and who is more likely to fail. It's a positive development."

Failures Mount

A woman who answered the phone at Zhongsen Tonghao and wouldn't give her name said the company couldn't immediately comment on the matter. Two calls to Sino-Capital Guaranty Trust went unanswered.

The number of Chinese companies whose debt is double their equity has surged since the global financial crisis, suggesting more defaults may come. Publicly traded non-financial corporates with debt-to-equity ratios exceeding 200 percent have jumped 57 percent since 2007. Chaori Solar may become China 's own "Bear Stearns moment," prompting investors to reassess credit risks as they did after the U.S. securities firm was rescued in 2008, according to Bank of America Corp.

Another closely held company based in neighboring Zhejiang province, property developer Zhejiang Xingrun Real Estate Co., collapsed less than two weeks after the Shanghai Chaori default.

Reluctance to bail out companies that can't repay debt signals "regulators' higher tolerance for corporate bond defaults amid financial market reforms, which is in line with the current central administration's shift to adopt more market-oriented policies," Moody's Investors Service said in a report on March 7.

To contact Bloomberg News staff for this story: David Yong in Singapore at

To contact the editors responsible for this story: Tan Hwee Ann at; Katrina Nicholas at Gregory Turk, Andrew Monahan