Exchange Rate

Xinhua Guangzhou, April 18, China's Ministry of Commerce import and Export Fair Trade Bureau in charge of 18th in the Canton Fair, said the media interview, affected by the financial crisis, this year the international trade friction situation is extremely grim.　　Rules game, System competition, public choice and exchange rate debate will become the main characteristics of international trade friction this year. The Ministry of Commerce import and export Fair Trade Bureau Director Yongru at the 107th session of the Canton Fair said that in the first quarter of this year, a total of 10 countries to China launched 19 anti-dumping, countervailing, safeguard measure investigation, directly related to China's export amount of 1.2 billion U.S. dollars. and review 2 ...

According to foreign media reports, Oracle in Thursday released the first quarter of fiscal year 2011 earnings. Oracle achieved total revenue of 7.5 billion U.S. dollars in the quarter, an increase of 48% year-on-year, achieving net profit of 1.35 billion U.S. dollars per share earnings of 27 cents, a year-on-year increase of 20%. 　　Revenue and net profit figures double Ultra analysts expect. Oracle's reported revenue includes deferred revenue from the acquired company and was not calculated in accordance with the GAAP guidelines. According to the GAAP benchmark of $7.59 billion trillion, analysts surveyed by Bloomberg had an average forecast of $7.32 billion trillion. Excluding the cost of acquisition and other expenses ...

Securities Times reporter Zhang today's Hong Kong stock market, "hot money" has been a frequently mentioned hot words. Whether it is retail or institutional investors, there is a "large influx of hot money into the stock market," the consensus. However, after the carnival, the "capital city" from hot money will go?　　In this regard, insiders believe that short-term "hot money" will not ebb, but in 7 August or will see the real chapter. 20-day increase of 50 billion in the industry's view, the most intuitive evidence of the influx of hot money into Hong Kong is the increasing balance of the banking system, which is the statistics of the Hong Kong HKMA. As the Hong Kong HKMA is a ...

The Health Yuan 12th announced that the board of Directors of the company approved the issue of a bill to exchange debts on 9th. Health Yuan will issue up to 6 years, 700 million yuan of the scale of the exchange of debt, to no more than 40 million shares of the pearl A-share to guarantee.　　This is the first negotiable bond issue in the history of China's securities. The health yuan holds nearly 43.3859% of the company's shares, the current proposed exchange of debt to the size of 700 million yuan, in accordance with the provisions of the exchange of debt, the issuance of the prospectus is not less than the price of the announcement of the 20th trading price of 70%. Assuming that according to the current average share price of the recent Rachel, the Health yuan will ...

According to outside rumors of the "Ministry of Commerce, Ministry of Public work is carrying out the pressure test of RMB appreciation", Ministry of Commerce spokesman Yao Jian said 19th, the Ministry of Commerce did not lead this test.　　In addition, according to media reports, the Ministry of Finance has said it has not launched a second round of revaluation pressure test. Stress testing is more than the industry associations in the consultation according to reporters understand that the current appreciation of the renminbi pressure test is more of the industry's associations in soliciting opinions.　　But whether that means the renminbi will start appreciating in the near future is hard to say. In just past the two sessions, Premier Wen ...

Absrtact: Britain's largest fashion dealer Asos PLC2015 the first quarter of the fiscal year extremely weak, the further rapid slowdown in international markets offset the domestic good performance, gross margin also continued to shrink sharply. In the first three months of November 30, ASOS PLC International retail sales of the UK's largest fashion dealers ASOS PLC2015 The first quarter of the year, the weak performance of the international market growth, offsetting the good performance of the domestic, gross margin also continued to shrink sharply. In the first three months ending November 30, ASOS PLC ...

Recently, according to foreign media reports, Snipsnap is an iOS application, can help you to easily scan and manage the coupons printed in newspapers and magazines, which began with the application of a pack of diapers, the paper coupons into the mobile era, the following is a well-known technology blog read and write network to the application of the introduction: it all started in a pack of diapers. Tedmann (Ted Mann) is the regional digital director of Gannett, America's largest newspaper group, when he was recently promoted to father. While waiting in line at the supermarket checkout, Mann found himself without a diaper coupon. Mann and his family ...

Xinhua Beijing, February 2, according to the Organization for Economic Cooperation and Development (OECD) 2nd published in the "China Economic Survey Report" (2010), China in the next 5-7 years will overtake the United States as the world's largest manufacturers of manufactured goods.　　In this regard, Chinese scholars believe that the Chinese economy should not only look at the total amount, but also to see China's huge population and other basic conditions. Pierre Padoan, Deputy Secretary-General of the Organisation for Economic Cooperation and Development, said at a news conference that China is leading the way out of the recession in the global economy, backed by a huge government stimulus package. ...

Lei for developing countries, how to raise the right to speak in the global economic framework remains a subject of great concern.　　Central bank Governor Zhou Xiaochuan reiterated this during the meeting, while the International Monetary Fund's president, Dominique Strauss-Kahn, surrounded by Chinese journalists, was also inevitably asked about the news that the newly appointed deputy governor of the Chinese central Bank, Zhu Min, might have been the IMF's vice president. Mr. Strauss-Kahn made clear that he was indeed discussing personnel issues with China. "I am in talks with the Chinese authorities and other countries to reduce the number of members with English accents, so that more people around the world ...

Lixin Thai (002294) Friday evening issued a notice, the company intends to use not more than 70 million yuan own idle funds to buy banking products.　　The products to be purchased are "Hui Yi Tatsu i" exchange rate linked to capital preservation structured renminbi wealth management products, the rate of return between 1.5%-4.6%, the bank pledged the principal guarantee of financial management. The company said that the financial funds are limited to the company's own idle funds, the purchase of the subject-matter of low-risk short-term banking products, risk controllable. Investment banking products will not affect the company's day-to-day operation and development, production, construction needs, and to improve the idle capital ...

United States Deputy Secretary of State James Steinberg visited China from March 2 to 4th to exchange views with China on issues related to China-US relations. While the specifics of the talks are not known, experts predict that a focus on the economy could be the renminbi's exchange rate. In addition, China's holding of U.S. Treasury bonds and Sino-US trade relations may also enter the talks.　　While the US may again demand a revaluation of the renminbi against the dollar, Chinese experts say the renminbi remains stable under such strong pressure. The U.S. State Department announced 1st, the United States Deputy Secretary of State Stumbo ...

April 7--The rouble has continued to fall against the dollar and the renminbi since last year. Reporter from Harbin to the Russian E-commerce platform Le Fox nets, come365, and so on to understand that online goods with the rouble settlement, but the money is renminbi, the rouble continued to depreciate, will lead to its profit decline. Recently, some electric dealers have raised the rouble price of the website commodity.   However, the move did not affect the Russian network of Chinese goods to buy enthusiasm, 2-March, the Russian logistics services to the Russian e-mail, the day of the singular chain continues to grow. The rouble has fallen against the dollar and the renminbi since last year ...

The Organisation for Economic Co-development (OECD) published its second report on China's economic survey in Beijing yesterday. China will be the first to emerge from recession in the global economy, thanks to China's impressive fiscal position, and it is expected to maintain strong growth in the next two years, the report said.　　And as the world's second-largest economy, China is expected to overtake the US as the largest producer of manufactured goods in the next 5-7 years. Social transfer spending needs to be increased the OECD believes the Chinese government's strong financial resources will enable China to bear additional spending, backed by a huge fiscal stimulus package in the global economy ...

In the first 5 months of this year, RMB loans increased by 5.84 trillion yuan. In June, CICC expected a sharp rebound in new lending to at least 1.3 trillion yuan.　　7 trillion of new credit in the first half of the year may hit a beautiful G DP, but it also buried the hidden dangers. "One of the biggest risks China faces is the credit expansion we've seen over the last 6 months." UBS Securities believes China needs tighter controls on credit to avoid unreasonable further expansion of its capacity.　　This is one of the three things China needs to do to regain the balance of the global economy. Credit is still expanding the discussion of loose policy exit ...

Tibet Development because of a paper to set up 200 million yuan to establish Johnson thick rare earth mining news, so that its share price for a few days, last week, the stock was 25.80 yuan to hit the 11-year high. The two days on 18th and 21st, the daily turnover of up to nearly 1.81 billion yuan and 1.93 billion yuan. In the face of the madness of the two market, Tibet development Two announcements, to investors listed in the shares after the various uncertainties of profitability.　　In the face of the market speculation on the concept of rare earths, Tibet development is afraid. The first bull stocks fear highly affected by the concept of rare earths, since the Spring Festival, Tibet's development ...

"Billion Power network News" July 29, billion power network to understand that, due to cross-border foreign trade settlement problem has always been difficult to resolve, "underground banks" by the Dunhuang Network, fast-selling, ebay and other foreign trade Shangping on the platform of large sellers of the favor, become an important channel for settlement. "Since 09, all of our store-related settlement of the dollar has gone through the banks because it's fast enough." Some of the size of the peers are also basically doing so. "Shenzhen mobile phone sellers Mr. Li to billion power network said." At present, Mr. Li in the fast-selling and Dunhuang online have opened a shop, the monthly sales of 200,000 U.S. dollars left ...

The renminbi's real effective exchange rate has depreciated for the 3rd consecutive month this year. The renminbi's real effective exchange rate index was 119.46 in May and 2.49% per cent in the chain, according to data released by the BIS 16th.　　At the end of May, the real effective exchange rate of RMB depreciated by 1.45%. In May, the renminbi had a total devaluation against other major currencies.　　At the end of May, the renminbi depreciated by 0.11% against the dollar, a 5.13% devaluation against the euro, a 2.89% depreciation on the yen, a 0.08% depreciation on the currency and a 7.92% per pound devaluation. Analysts point out that ...

Gixiao, chairman of the CPPCC, has submitted proposals to the CPPCC's four-time meeting.　　Gixiao, chairman of the National Political Consultative Conference and the President of Pudong Development Bank, recently submitted proposals to four meetings of the CPPCC, calling for a vigorous development of the currency brokerage industry to strengthen the RMB independent pricing power. Gixiao said that at present, the [Chinese] currency internationalization of a range of conditions are not fully equipped, especially in the market liquidity, size and price formation mechanism and the gap between the mature market. Therefore, the urgent task of promoting RMB internationalization is to accelerate the development of domestic foreign exchange market, finish ...

RMB real exchange rate in April the real effective exchange rate of RMB 115.85, compared with May depreciation of 3.04%, a 10-month low, the first half of the total depreciation of 4.41% Jin Yu.　　Due to the short-term Neinian of foreign trade situation improved, the renminbi exchange rate is expected to continue to maintain a relatively weak trend in the second half. Export weakness this year, the effective exchange rate fell 4.41% the International Settlement Bank recently announced that the real effective exchange rate of RMB June is 115.85, compared with May 119.48 depreciation 3.04%, since March this year, RMB ...

Hong Pi, chairman of the Hong Kong Association of Banks and Standard Chartered chief executive, said he hoped to develop more renminbi products and promote renminbi trade financing. (from Sina Finance Peng) January 22 Afternoon News The Hong Kong Association of Banks is meeting today to study the objectives and budget of this year's work, and the chairman of the Hkab, Hong Pizheng Hong Kong chief executive, said after the meeting that he hoped to develop more renminbi products and promote renminbi trade financing.　　He also believes that the Hong Kong dollar is still strong and that there is no sign of capital outflow. Hong Pizheng said that the Hong Kong banking sector will vigorously develop renminbi industry in two areas this year ...