Posts Tagged ‘news’
King richer online retailers. Thanks to the Kindle, who scored record sales in November, and the increasing number of visitors to Amazon.com, Jeff Bezos as the founder and CEO of Amazon.com was scored many gains in the year 2009.
Rising stocks make gains Bezos Amazon.com rose 7.3 billion dollars in the last 12 months. This stock rose 175 percent since January last year. This makes Jeff Bezos was in sixth American billionaire list moneymaker Forbes in 2009.
Larry Page, Google co-founder of years ago was in the top position with the acquisition of 11.9 billion U.S. dollars in 2008, now in fifth place with 8.4 billion acquisition of U.S. dollar between mid-January 2009 and December 2009. Behind the Page is a lifelong partner, Sergey Brin, with the acquisition of 8.2 billion U.S. dollars.
In this ranking, see Forbes billionaire who owns stakes in public companies and take into account the benefits in dollar securities. Forbes parties did not include shares bought and sold in that period. Read the rest of this entry »
Imagine if we live without any trading system. Barter ada.Kita not have to plant their own rice, grains, fruits, and vegetables that we consume. We also have to make clothing, build houses, and even treat themselves when sick. Life gets better if they worked together.
Joint production and consumption throughout.If villagers work together, with their specialization, each citizen will be able to enjoy a better life. They can eat foods with higher quality, using a more beautiful clothes, have a place to live a more comfortable and lighter. Working together can be done in the most traditional form, mutual aid or barter. Pandya grow rice, Bagas produce clothing. Some of the rice given to Bagas Pandya instead she made clothes.
This exchange process requires the existence of two needs that “fit”. Pandya has a rice surplus and need clothes. Bagas has a surplus clothing and in need of rice. Barter has been improving the welfare of those involved. Read the rest of this entry »
The rupiah had sped before finally holding BI intervention. Action hunting to local assets that give a high yield could bring the rupiah strengthened sharply to 9290 per dollar.
In trading Tuesday (5/1/2010), the rupiah closed stronger to 9325 per dollar, compared to yesterday’s closing level of 9340 per U.S. dollar.
In Asian markets, the dollar moved up the majority of regional currencies. Optimism will be the improvement in the global economy kept investors are pushing the U.S. dollar.
U.S. dollar weaker on the recorded position of the yen to 91.79 yen, compared to 92.53 yen earlier on. Euro climbed to 1.4424 dollars, compared to 1.4408 dollars earlier on.
U.S. economy so far has not shown any indication of a stable recovery process, it is revealed from the Beige Book that diriis early this morning (GMT). Reports from the Federal Reserve in the United States District 12 generally indicate an increase in the degree of performance that is not too strong that it still opens the occurrence of further pressure on the U.S. economy. It appears quite positive on the consumption side, which argued that public consumption reported a moderate increase primarily to items of daily consumption and motor vehicles. While in residential sales reported to have increased even though the price level fell slightly in some districts or flat in other districts.
The reported residential construction is still in a weak condition, while the construction and real estate market is still very weak report likely even decrease performance. The picture is less clear is also present in the financial sector, which reported a weakening in the credit, because credit standards were too high and the tendency of weakening credit quality. Plus more on the agricultural sector reported a delay of harvest in the eastern United States are caused by very cold weather during October and early November and employment conditions also reportedly still in a weakened condition. This has caused the U.S. dollar had weakened in trading today and again pressed the U.S. dollar index to a range of 74.30. U.S. dollar is predicted to receive pressure from other strong currencies, especially the Euro currency.
Financial Stability Board established finance ministers of G-20 has made a list of 30 financial institutions and international banks that need special attention.
This is done to prevent the failure of global financial turmoil due to the potentially done by banks and financial institutions. “FSB (Financial Stability Board / Board of Financial Stability) has been included 30 banks and financial institutions as a source of systemic crisis for the global work area that belong to the company’s too big too fail (too big to fail). Behavior of shareholders and management policies into the supervision, “Said Finance Minister Sri Mulyani Indrawati in Jakarta.
In the Financial Times reported there are 24 banks and 6 insurance multinational institutions listed in FSB. They are spread in the UK, Europe, the United States, and Japan.
The 24 banks are Bank of America Merrill Lynch (BAC), Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Royal Bank of Canada, Barclays, HSBC, Royal Bank of Scotland, Standard Chartered, Credit Suisse, and UBS AG. There was also a BNP Paribas, Société Générale (France), BBVA (Spain), Santander (Spain), Mitsubishi UFJ, Mizuho, Nomura, and Sumitomo Mitsui (Japan). Read the rest of this entry »
In the fourth quarter of this year signal a strong global recovery has led to the Japanese economy gained momentum to tread more robust economic recovery process in the country. One of the prominent enough associated with it is the improvement in foreign trade sector of Japan.
The last report showed Japan’s Ministry of Finance of the surplus pelonjakan high enough so that the country has experienced a trade surplus for 9 months in a row this year.
About a year ago, Japan had a deficit in foreign trade of about 75 billion yen, but the last report showed Japan’s trade surplus reached 807.1 billion yen for. One factor that drives this success is the process of recovery in the developed industrial countries in Asia. Read the rest of this entry »
U.S. dollar continued to decline to its lowest point in the last 15 months the euro. The weakening U.S. dollar triggered immediately jumps to the world gold price reached a new record again.
In trading Wednesday (25/11/2009) in New York, the euro rose sharply to 1.5127 dollars from 1.4959 dollars earlier on. Even the euro had reached its highest point in 15 months at 1.5144 dollars.
The dollar also slumped on the yen to 87.38 yen position, even had reached their lowest point in the last 14 years at 88.54 yen.
The weakening U.S. dollar occurs after the number of positive data from the U.S.. The data was released showing the people’s income rose 0.2% and consumer spending rose 0.7% during October, which helped sales rebound in automotive.
A report showing the unemployment insurance benefit claims fell to the U.S. its lowest point since September 2008. Figures are adjusted for new unemployment claims for week ending 21 November fell 35,000 to 466,000. Read the rest of this entry »
Bank Indonesia (BI) describes the various conditions that cause them to issue a recommendation that Century Bank is a bank that is a systemic failure that must be saved. BI do not want the crisis Volume II will be repeated if Century is not saved.
The conditions presented by the Acting Governor of BI Nasution Nasution at a press conference at the Ministry of Finance Building, Jakarta, Tuesday (24/11/2009) responding to the audit exit for CPC Century Bank bailout. In the investigation of audit of state assessment Century Bank of the rescue is less comprehensive and only a piece based on indicators.
So what factors underlying the Century Bank issued a recommendation should be saved? Read the rest of this entry »
The euro in currency trading EUR / USD rose against the U.S. dollar where it is triggered by the improvement in some macroeconomic indicators in the region. Euro who had experienced weakening against the U.S. dollar ended trading last week, strong rebound in early trading this week.
On this day Markit economic research institute, has released data showing economic growth quite well in Germany, France and Europe as a whole. Where the release of these data shows that the European region is still experiencing increased performance on manufatur sector. Read the rest of this entry »
Fed Chairman Ben S. Bernanke suggested early this morning that the U.S. monetary authorities are likely to extend emergency monetary policy in the country. This is related to the U.S. economic situation is still vulnerable, where the employment sector and overall economic performance is not in line with expectations.
Emergency monetary policy setting interest rates low in order to push borrowing costs, still needed to spur economic growth. The Fed is still maintaining a zero interest rate policy policy (ZIRP) denganmenahan the interest rate at 0.25% level.
In business and economic situations that are less conducive as happened in the U.S. today, the credit disbursement is relatively more difficult and causes a resistance to the growth of the business world. So that by pressing interest rates are expected to loosen credit disbursement process to the business sector and households.
Tend to the weakening U.S. dollar index is tracked from the U.S. dollar in trading yesterday which could test support at the 74.76 range. Depreciation of U.S. dollar still has the potential to continue where the current position is in the range of 74.95 there is the possibility of moving the U.S. dollar weakened to a range of support at 74.76 yesterday.
One other factor that causes a weakening U.S. dollar is strengthening yen trend line with an increase in performance on the economy as a whole the country is quite significant.