U.S. Federal Reserve said the supervisor of the financial markets has improved, in addition to periodic asset-backed securities lending instruments (TALF) outside, has ended all special liquidity tool. (more…)
2010/04/28
The Fed announced the benchmark interest rate 0-0.25% range to maintain the same
In the end the two-day Federal Reserve interest rate meeting, announced to maintain the benchmark interest rate 0-0.25% range unchanged. This is in line with market expectations. Federal Open Market Committee (FOMC) policy statement (more…)
QDII fund crisis involved Goldman Sachs
Far away in Europe and the United States market, “Goldman Sachs crisis”, even bring disaster to the Chinese investors. In A-share market hit a new low during the occasion of the recent overseas markets mainly in Europe and America as a sustained oscillation, (more…)
2010/04/22
EU: Greece in 2009 the Greek government budget deficit higher than expected
Eurostat (Eurostat) 22 EU governments at the financial evaluation report, in 2009 the Greek government budget deficit to its gross domestic product (GDP) of 13.6%, higher than expected by the Government of Greece. (more…)
U.S. March PPI up 0.7% year on year core PPI rose 0.1%
U.S. March Producer Price Index (PPI) increased by more than expected because of sharply higher food prices, but does not include food and energy prices, core PPI increased very little. (more…)
Obama speech to promote reform of the U.S. financial summary
According to foreign media reported yesterday, U.S. President Barack Obama (Barack Obama) Thursday in New York City, Cooper Union (Cooper Union) speech to Wall Street Institute, said the banking industry must take a wide range of financial regulatory reform measures to contain pushed the U.S. economy for decades the most serious recession since the cycle of adventures. (more…)
United Airlines and Continental Airlines combined or convertible
According to Bloomberg News, sources said, UAL’s United Airlines and U.S. Continental Airlines plans convertible transaction. It is reported that both the stock swap will be conducted under the no-premium merger the new company set up after the value of more than 60 billion dollars. (more…)
2010/04/17
International metal prices tumbled across the board Friday. Affected by the Goldman Sachs news
Goldman Sachs because of fraud charges the SEC, investors risk aversion, the international metal prices tumbled across the board Friday. (more…)
Soros: another economic bubble is forming
Soros warned that lending and financial allocations are now in economic growth mode to get rid of back in 1998 when the Asian financial crisis, used, if the authorities do not learn now, that the world will usher in a larger, better survival shorter, more destructive bubbles (more…)
U.S. mortgage default cases surge in March
According to Singapore’s Lianhe Zaobao quoted foreign reports, the U.S. real estate agency RealtyTrac data, released two days ago, the United States in March for the mortgage default (foreclosure) cases surge, indicating that the U.S. government has not been the effectiveness of assistance measures on property owners. (more…)