Posts Tagged ‘China’
China central bank chief says tightening to continue
Posted by admin in Finance Saturday, 16 April 2011 15:32 No Comments
China central bank chief says tightening to continue
China’s monetary policy tightening will continue for some time because inflation remains higher than the government is comfortable with, with the yuan being one of the tools used, the country’s central bank governor said on Saturday.
Via:Read more on Reuters via Yahoo! News
Standard Bank’s Bond Expects Profit, Revenue From China to Double by 2013
Posted by admin in Finance Saturday, 16 April 2011 08:48 No Comments
Standard Bank’s Bond Expects Profit, Revenue From China to Double by 2013
Standard Bank Group Ltd , Africa’s largest lender, will more than double profit and revenue from China through 2013 as it advises Chinese companies wanting to make investments in Africa, said Craig Bond , chief executive officer of the bank’s Chinese unit.
Via:Read more on Bloomberg
Bank of China 2010 profit up 29%
Posted by admin in Finance Monday, 28 March 2011 20:18 No Comments
Bank of China 2010 profit up 29%
Bank of China 2010 profit up 29% HONG KONG (MarketWatch) — Bank of China [: hk:3988] said Thursday its 2010 net income climbed 29.2% from a year earlier, helped by higher interest income, lower tax payments and increases in commissions and other non-interest income. Profit totaled 104.42 billion yuan ($15.91 billion), or 0.39 yuan per share, compared to 80.22 billion yuan, or 0.31 yuan a share …
Via:Read more on Market Watch
How about stock investment in China? Could I earn a couple of bucks if i invest there?
Posted by admin in Finance Saturday, 26 March 2011 07:42 5 Comments
As a matter of fact i have no previous experience of buying shares in China but am planning to move there in the near future. So thought to invest in the stock market. Any idea how r the chinese stocks going these days? I was told about the Industrial and Commercial bank of China. What should i do? How much am suppose to invest? Any idea? Thankx
Stop Invaders! Thanks dude but u know im going to stay in China for a couple of years. Still i shoudn’t? I wonder the Chinese economy is so strong, but still their market is down!
From China, With Love
Posted by admin in Finance Tuesday, 1 March 2011 20:28 No Comments
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Each day, Inc.’s reporters scour the Web for the most important and interesting news to entrepreneurs. Here’s what we found today.
A cash lifeline from China. More American entrepreneurs are benefiting from a surge in foreign investment from China, according to The Wall Street Journal. Take Brad Williams, the founder of a recreation-vehicle firm that is about to hire 1,200 workers and boost production this year to 40,000 motor homes. It was all made possible by a $310 million cash infusion from a Chinese investor who sees Asia as an untapped market for American-made RVs. “It’s almost something out of a fairy tale,” gushed Williams. The flow of private-sector investment toward the United States from China is expected to grow substantially over the next few years, the Journal reports, though some worry that “the ultimate goal in small-business investments is part of an effort by Beijing to relocate the companies to China and reap gains in technology, resources and jobs.”
From MFA to IPA: A beer brewer’s journey. Sam Calagione was taking writing classes at Columbia University when he had an epiphany: His destiny was as a brewer, not a writer. With little beer-making experience, Calagione took an apprenticeship at a brewery in Maine for a year, until he eventually launched Dogfish Head Brewery, now one of the most successful craft breweries in the country. Calagione credits his success with his willingness to go against the grain (pun intended) and provide a unique product. “Even though craft beers make up less than 5 percent of the market, I wanted to sell to people who wanted some excitement in their beer,” Calagione said on OPEN Forum today. “I knew not everyone would drink our beer. We were seen more as heretics than pioneers. That’s why I adopted the mission of making off-centered ales for off-centered people.”
Salon.com drops search for a buyer. Salon Media Group is no longer looking to sell its flagship website, according to the Wall Street Journal. Salon had been in acquisition talks with Newser.com as recently as last month. But after AOL snapped up the Huffington Post for an eye-popping $315 million, some Salon board members wondered whether they were getting a fair price for their site. A group of former San Francisco Examiner staffers launched Salon 16 years ago. But it has struggled of late, facing mounting competition from HuffPo, The Daily Beast and others. It lost more than $700,000 in the fourth quarter of 2010. Salon is now pledging to return to profitability on its own.
Long live the app-Internet. A new study says mobile apps will be one of the most profitable markets in the coming decade, The New York Times reports. Forrester Research released a report predicting revenue from smartphone and tablet apps will reach $38 billion by 2015. The Forrester analyst who authored the report, John C. McCarthy, believes large corporations will spend up to $17 billion to create and manage apps over the next four years. In 2010, tablet apps generated $300 million in sales, while mobile app sales reached nearly $2.2 billion. The report was based on interviews with popular app creators, developers and vendors.
A new video chatting service on Facebook. Wish you had yet another way to connect with your Facebook friends? A start-up called SocialEyes has launched a video chatting service on the world’s most popular social-networking site, The New York Times reports. People login to SocialEyes using Facebook Connect, which enables them to see their friends and begin chats with several at once, individually, or in a group. Users can “mute or pause certain conversations if they don’t want their friend to see or hear them, but it can be a little creepy, especially if someone forgets that a chat is still going on.” Co-founders Rob Glaser and Rob Williams are optimistic about attracting users, though they have yet to develop a sustainable business model.
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China tops Thailand as biggest investor in Myanmar
Posted by admin in Finance Wednesday, 23 February 2011 17:34 No Comments
China tops Thailand as biggest investor in Myanmar
China, already Myanmar’s closest diplomatic ally, is now also the country’s largest foreign investor, a report said Monday.
Via:Read more on AP via Yahoo! Asia News
CBA to open bank in China
Posted by admin in Finance Wednesday, 9 February 2011 03:21 No Comments
CBA to open bank in China
The Commonwealth Bank is set to open its first Chinese County Bank later this month in Henan province.
Via:Read more on Sky News Australia
1/22/2010 Peter Schiff On Fast Money: Is China In A Bubble?
Posted by admin in Finance Tuesday, 1 February 2011 00:02 25 Comments
Make Sure To Subscribe To Peter Schiffs’ Official YouTube Channel At www.youtube.com To Be Notified Immediatelly When Peter Posts A New Economic Video Blog Update!! ***Don’t forget to add Peter as a friend on FaceBook!! (facebook.com/peterschiff)*** —————————————- —————————– “Visit www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor —————————————- —————————— Connect With Me On Facebook: www.facebook.com —————————————- —————————— Follow Me On Twitter: twitter.com —————————————- ——————————
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