Archive for the 'news' Category


American Banking Industry Will Use Next Year

American Banking industry will use next year the new accounting standards. The Federal Reserve issued the report to point out the other day, after new accounting standards implementation, the American first 19 big banks must return in the table outside the table the property or amount to 900,000,000,000 US dollars. US Financial inventory accounting Criterion Committee Monday abolishes so-called the special goal trust system through the resolution, and forbids the bank through this kind of mechanism concealment partial properties or the debt. Before the loan storm erupts, many banks through this kind of special goal fund, the room loan loan sell for theirs special goal fund, then again the mortgage bond sell serve under somebody’s banner these loan packing Cheng Fangdai to them other special goal fund.
This increases financial system’s system risk imperceptibly, also blurred the bank real liability situation. FASB original last year started to implement the new accounting standards, but has encountered banking industry’s protest. The US Banker association carries out vice-always indicated that the new accounting standards will bring the impact on the bank loan ability, causes the bank and the overall economy receives the injury.

000 Pounds Guo Degang The Right And Wrong

Zhongxinwang on March 23 is responsible attacked the enterprise to evade taxes behavior British Ministry of Finance senior official Lord Mynors before once to avoid taxes heaven Bermuda to evade taxes more than 100,000,000 pounds companies to hold a concurrent post of President every year. Before this event to make public, Mynors on, because authorizes Scotland Royal Bank former president Feileide to receive the high quota retirement pension from this line to be subject to the criticism every year.
According to Britain The Times on 22nd reported that Mynors insures Holding company in Aspen the yearly salary for the nearly 200,000 pounds. Because he is also taking office this headquarters in Bermuda’s company chairman 5 year period obtains the stock purchase power encounters the question. AIH presentation of the account that by the end of 2007, this company share value which Mynors has reaches as high as 4,800,000 pounds. Guo Degang the right and wrong mutual hatred history is very much big the bottom (group chart) The grain price high rising tide sweeps across China The asset management company collaborates the place to make PE The petroleum 600,000,000,000 projects seek the privately operated partner Beijing sum total subsidy Public hospital loss In the railroad order form net hopeful year clears Associates over 1,000,000,000 buys stock the divine land to rent a car micro abundant the minority rich person grain bin room does not have the influence to the poor person in May, 2007 Mynors resigns from AIH, and took office Ministry of Finance in last October to serve Under-Secretary. AIH makes the property and the crisis reinsurance service specially, when has the hurricane, the flood, and other natural disasters carries on the payment. It is reported that does not need in the Bermuda tenable reinsurance company for the insurance premium which obtains in Britain to pay taxes, these income are changed over to Bermuda, uses in the non-tax investment; Is located in Bermuda’s company also to be possible to exempt pays the corporation income tax.

The Construction Bank H Noon

Since the new bulletin news has wanted to leverage the Construction bank H US Bank to have an action to perform finally yesterday. Yesterday, reported according to the finance and economics network that the American Bank through has sold Construction Bank 13,500,000,000 raising fund 7,300,000,000 US dollars, the thick plain fund coordination’s investment group takes over by each 4.2 HK dollar totals. Yesterday, the Construction Bank H noon plate jumped 1.63%, received in 4.
The Construction Bank H Noon

Conforms To The Market To Anticipate

The inflation does not need to worry The American Department of commercial affairs on 14th announces the data demonstrated that because the economic recession and the energy price decline, the US consumption price is in July impartial with the previous month, conforms to the market to anticipate. yu qunian tongqi xiangbi, in July US consumer price indices drop 2.1%, since has set the record of January, 1950 most odd month compared to the same period the decline range. This is mainly because since July, 2008, the energy price has fallen 28.1% largely. The deduction energy and food, American in July the core inflation rate link rises 0.

And Expressed That Will

1% compared to the small scale, the rise is 1.5% compared to the same period. The consumption price is weighs the inflation the important target. July’s data causes some economists to worry that the US continues the danger which faced with the price falls, since this has been the 1930s the great depression the American economy has not experienced. However the majority analysts believed that Federal Reserve adopts the measure avoids presenting the deflation sufficiently. The Federal Reserve announced last week the maintenance interest rate is invariable, and expressed that will continue will maintain the cheap money policy.

But The Inflation Still Will Maintain

The Federal Reserve publishes in the statement pointed out that the American economic activity tends to be steady, but the economic activity for a period of time will still maintain weakly. Federal Reserve anticipated, in the price stability in the situation, the stable money market and the organization policy motion, the finance and the currency stimulation policy, as well as the market force will be helpful to restores stably gradually economic growth. The Federal Reserve pointed out that the energy and other commodity’s price went up recently, but the inflation still will maintain a low position in times.
Therefore, the Federal Reserve will take all promising approaches, the promotion economic resurgence, maintains the price stability. The analyst believed that will estimate before next year unemployment rate will start to recede, the Federal Reserve will not raise the interest rate.

Further Created The Suppression To The Oil Price

In addition, after having experienced continual three trading day falling, US dollar to a euro exchange rate is strong, thus weakened the bulk commodity to flush the attraction to the investor, further created the suppression to the oil price. Closes up to the same day, New York commodity exchange in September delivers the light crude forward price falls 3.01 US dollars, or 4.27%, receive in each barrel 67.
51 US dollars. Hence, this week New York market oil price decline range close 5%, after is continuously four week rise first time falling.

The Individual Consumption And So On

Recently announces the economic data demonstrates the American economy one after another the recovery signal. The US GDP rate of increment for negative 1%, good in anticipated in the second quarter. In addition, the American housing market related index, the consumer confidence index, the anticipated economic index, the individual consumption and so on economic data presents the positive signal. The US balance of trade condition also has the improvement, frequently project deficit reduction. However in August the American consumer confidence accident slid also reminds the investor, road of the recovery still had the fluctuation. White House State Economic Commission director, American president Austria Pama chief economic adviser Lawrence Summers indicated the other day, the American economic recovery grows the foundation already overcame, many signs demonstrated that the American economy is restoring normally.

Before Estimated To Grow 1% However The Excellent

Summers said that many signs indicated the American economy is recovering, obvious sign like stock market, not too obvious sign like house price change. But he also believed that this financial crisis has attacked the financial system seriously, has caused heavy losses to the entity economy, will thus recover will be slow. He said: we will have a long way to go, the question is not in one week, in one month even one year produces, also in one week, in one month even one year will not solve. The excellent group at the beginning of the month issued that the estimate report said that the upward American essence GDP estimated in the second half of this year, said the stock cycle anticipated reduces, as well as is inspired the fiscal stimulus policy.
American the third, fourth quarter essence GDP annual rate estimated this year excellently surrenders to the state in pairs to grows 3%, before estimated to grow 1%. However the excellent also police said that the growth kinetic energy in the second half of the year ago once more is possibly weaken 2010.

000 US Dollars Wealthy Men And More Than

Now was still a prosperous picture, in Germany, more and more car dealers can not but give up managing, but China’s car dealership is open for business one after the other.A Beijing’s German manager said: the most major problem was cannot find the appropriate land for building. For example, Audi wants to double in the short 3 years the present 151 sales network. The German media describes like this. According to populace’s plan, zai weilai 10 nian zhong, the populace carry on the vehicle type which in China the localilzation produces many in 40 sections, namely will not be lower than 4 sections every year in the Chinese market delivery’s new vehicle type, simultaneously will realize as soon as possible in the Chinese sales volume at least in 2,000,000 above goals. this is 2010 China, in 1,300,000,000 populations has 500,000 artificial 1,000,000 US dollars wealthy men and more than 60 billionaires, they mostly live in Beijing or Shanghai.Cai Chezeng looked forward to said.

Next Page »