Financial Crisis

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Pay survey for professional managers: financial sector has the broadest range of pay

Today is the first day of New Year's work, many enterprises ' year-end bonus program is also announced.  After a recovery from the financial crisis, the industry has been the most widely paid in the year, according to a survey of the country's top managers. Despite a massive wage cut and hiring freeze at the start of last year, there has been a marked improvement in many sectors, including automobiles, pharmaceuticals and high technology, since the middle of this year. A few days ago, John Granville Special advisory United 21st century Managers Network and other institutions, the country's nearly million professional managers conducted a questionnaire survey. The results show that more than half of the professional managers nationwide ...

Rock Iwata: Industry downturn only because of the lack of high-quality good games

Multi-Play Network (compiler/wendy) Nintendo CEO Rock Iwata said the quality of the game had a negative impact on the US video gaming industry, and that the impact was far greater than the financial crisis, and he thought 3DS could inject fresh blood into the market. At the end of the E3 game, Rock Iwata, in an interview with the US tech blog VentureBeat, said, "I have always believed that the downturn in the video gaming industry cannot be blamed on the financial crisis, but on the lack of games that people need." It's not a problem for Nintendo, it's the whole video game industry ...

Two-quarter external reserve increase 22 times times official disagree with hot money reflux

30 billion dollars is "hot money"?  Affected by the international financial crisis, China's foreign exchange reserves last October, the first negative growth in nearly 5 years, this decline has been extended to this February. Monthly data from the central bank revealed that the balance of foreign exchange reserves in January-June this year was about $1.9135 trillion trillion, $1.9121 trillion, $1.9537 trillion, $2.0089 trillion, $2.0895 trillion and 2.1316 trillion dollars. At the end of April this year, the balance of reserves exceeded the 2 trillion dollar mark for the first time. In terms of one-month increments, January reserves were reduced by about $30 billion trillion ...

Not affected by policy fine-tuning foreign developers busy raising money

According to the Shanghai Securities Daily, after the next phase of China's real estate policy orientation is clear, foreign developers will not change next year's investment plan, and choose to enrich the "purse" in the year ahead, paving the way for expansion. such as Ruian Real estate just announced with the French Bank of Paris, Hong Kong branch, Daxin Bank, ICBC (Asia) Limited, China Construction Bank (Asia) Co., Ltd. and other 9 international banks and financial institutions signed 3-year, a total of HK $1 billion syndicated loans, will be used for general operating funds. This is also the first time since last year's financial crisis, Hong Kong-owned mainland real estate developers to obtain unsecured ...

The annual pay beware of the bad agent judge to caution entrust

And to the new year, with a hard work to earn the salary, big bag of small bag home for the New Year, is out of every migrant workers the biggest wish. However, the boss's arrears of wages is a common issue every year.  Thus, the emergence of some of the "bad Agent". Almost a few days before the group incident, something happened in Guangdong: a foreign factory due to the impact of the financial crisis, coupled with poor management, corporate bosses owe more than 300 workers millions of yuan wages suddenly "go" (missing). For a time workers panic God, hard for six months did not get wages, foreign bosses slipped, ...

Competition for 150 billion condiment market

Absrtact: If the market does not fall and rise in the global financial crisis, it is not difficult to explain why the condiment giant will vigorously expand against the city if the global financial crisis, the market does not fall, it is not difficult to explain why the condiment giant will reverse the city's vigorous expansion. Recently, the world's largest seasoning food enterprise Foshan Haitian Taste Industry said, will invest 2 billion yuan to expand the Foshan gaoming two project, completed after the completion of 3 million tons, become the world's largest condiment production kingdom. And two months ago, the international food giant Nestle and Shanghai wife Lok just invest more than 300 million yuan, in Shanghai, a new annual output of 100,000 tons.

China-US economic recovery is the foundation of global economic recovery

Xinhua Beijing, November 11 (reporter Sun Xiaosheng, Li Jiangtao, Li Zhihui) is in Beijing to participate in the "2009 Nobel Prize winners Beijing Forum," the World Bank senior vice president and chief economist Justin Lin said 11th, in response to the global financial crisis, the economic recovery of the two countries is the basis of the global economic recovery. For the global economy, both China and the United States are important, Lin said.  The United States is the world's largest economy, with gross domestic product accounting for One-third of the world's economy, and China is the fastest growing and most dynamic developing country in the world. "In dealing with this ...

US trade deficit fell to its lowest level in 8 years last year

Xinhua Washington, February 10 (reporter Lina Liu Hong) The United States Department of Commerce released 10th data showed that the financial crisis and economic recession, the 2009 U.S. trade deficit fell to 380.7 billion U.S. dollars, significantly lower than 2008 of 6959 U.S. dollars, a 8-year minimum level.  Relevant data show that in 2009, the U.S. imports of 1.934 trillion U.S. dollars, exports of 1.553 trillion U.S. dollars. In addition, by factors such as oil price rise, the United States December 2009 trade deficit unexpectedly increased to 40.2 billion U.S. dollars of the year's highest level, compared to the previous ...

WTO Director-General warns trade barriers hinder global recovery

British Reuters reported 13th, the World Trade Organization (WTO) Director-General Lamy at the WTO headquarters in Geneva on the same day warned that many countries to deal with the crisis to establish trade barriers, which will hinder the global economic recovery. In his appeal to the WTO's 153 Member States, Mr Lamy said trade restrictions such as punitive tariffs on imported products would worsen the financial crisis in the event of a decline in global demand. However, Mr Lamy said that, despite the current rise in trade disputes, retaliatory trade measures and trade sanctions, the current "High intensity trade protectionism" has not yet exploded ...

Three years lending € 80 billion euro EU out of hand to rescue Greece

Wen/yang (ph. D., Department of Finance and Accounting, British Imperial University, UK) April 27--International standards and Poole downgraded Greek sovereign debt to junk, and stock markets around the world were hit and lower.  Then standard Poole downgraded Portugal and Spain, fearing that the Greek financial crisis could spread across Europe and that the euro fell against the dollar. With interest rates on Greek government bonds soaring and 2-year bonds at 20% per cent, the Greek government is unlikely to raise money from financial markets. The European Union and the international currency ...

October China PMI accelerates 55.2% rally

Shanghai, November 1 (Xinhua) China's Logistics and Purchasing Association 1st released China's October manufacturing Purchasing Managers Index (PMI) of 55.2%, up 0.9% from the previous month, a rise of 0.6% compared to September, the rally has accelerated, showing a series of "growth-guaranteed" macro-control policies under the role of  , the current Chinese economy has been basically ironed by the international financial crisis caused by the abnormal fluctuations, the future will move towards a stable and rapid development of a new track. In terms of the sub index, the finished product inventory index, the purchase price index, the employee index and the supplier delivery time are compared with last month.

Why do business bosses in Hong Kong not retire

Every year in October to participate in the China Boulder Group International Conference on Glass fiber, there are always a lot of feelings: from corners have different color, use different language guests gathered in Zhejiang Tongxiang, a small county seems to become an international metropolis, and in the Boulder Group Square, in dozens of countries with the flag, surrounded by  In the eyes of thousands of guests at home and abroad, the flag of the People's Republic of China in the country's singing solemn rise, this situation, we really for the great Stone Group for the country and feel proud. This year even more so. After the financial crisis, more than 70 countries to participate in the annual meeting, the number of people even ...

Five major power generation negative growth in the first half 3% expected to be positive

Shanghai, July 15 (Xinhua) As of July 15, China's five major power group listed companies have announced the first half of the 2009 generation situation, a total of 243.9157 billion kwh total generating capacity, compared with the same period last year, negative growth of 3%.  From the Internet, in addition to Energy International (600011.SH) unpublished data, the first half of the other four to achieve online electricity 145.7911 billion kwh, down 2.65%. Affected by the international financial crisis, the global economic downturn, the domestic electricity market demand for electricity, resulting in the first half of China's electricity ...

Haitian international counter-city down 4.64% by profit warning

Under the profit warning crackdown, Haitian international (01882-HK) fell 4.64%, reported 1.85 Hong Kong dollars, a deal of HK $12.0416 million; the index is up 1.9%. The company is referring to the financial crisis and the global economic downturn, reducing sales orders, falling revenue and profit margins, and predicting a 09-year reduction in medium-term profits. It earned 263 million yuan in the middle of 08.

The total sales of the national marketing cooperatives system in the first 11 months super trillion yuan

Xinhua Beijing, December 11, China's national supply and marketing cooperation head of the responsible person said 11th, the national Marketing system has been actively responding to the adverse effects of the international financial crisis, in the first half of the total sales from the decline to rise and steady growth on the basis of the second half of the growth rate further accelerated.  January-November total sales amounted to 1,035,219,000,000 yuan, an increase of 13.54%. According to the person in charge, in the face of the domestic fertilizer market weakness and steep price decline of the grim situation, the system fully play the role of market main channel to ensure the supply of agricultural supplies and market stability. 1 to 1 ...

WTO official: China to become the world's biggest exporter is a good thing

Recently, the ASEAN series of summits, according to the signed memorandum, China and the ASEAN countries planned to start free trade zone on January 1, 2010, the WTO (World Trade Organization) chief statisticians Hubertescaith yesterday to talk about the financial crisis after the trade changes, pointed out that    A variety of South-South regional cooperation will emerge, a trade creation that this year would be good if China replaced Germany as the world's biggest exporter. A strong rebound in global trade around Christmas Hubertescaith in the interview, said in the past ...

China to provide tens of billions of dollars in credit to assist member countries in coping with crisis

Beijing Jekaterinburg June 16 (Xinhua Zibin Tin Bing) Chinese President Hu Jintao said 16th that China will provide 10 billion of billions of dollars in credit support to help SCO member states cope with the financial crisis. The SCO member States, observer state leaders and guests of the President of the country held a wide-ranging meeting on the morning of 16th, as Hu Jintao said in his speech.  Hu stressed that China will abide by its commitments and continue to support multilateral and bilateral project cooperation within the framework of the Organization. To this end, Hu said that China will provide 10 billion U.S. dollars of credit support for the SCO member States to deal with international gold ...

France's 2nd largest bank announces profit warning European banking Outlook worries

Societe Generale, France's second-largest market bank, which has lost 4.9 billion euros in assets in the financial crisis and a 1.4 billion-dollar writedowns on its operations, recently unveiled a series of ripple effects that raised concerns about the future prospects for Europe's banks. The problem is that Société Générale's frustration is not a case in European banks. According to the ECB's report of 15th, the 16-country commercial banks in the euro zone could have write-downs of 283 billion euros in 2010. It is estimated that from 2007 to 2010, commercial banks in the region ...

Real Estate intermediary 50% house price by intermediary push high salesman annual salary 200,000

Some second-hand intermediary annual turnover of up to 2 billion real estate intermediary into rich paradise part of the second-hand intermediary annual turnover of 2 billion "second-hand intermediary must be earned this year," a second-hand intermediary near wangfujing advertisement caused by the past passers-by frequently. No one expected that the "bull" of the Chinese industry would take place in the context of the 2008 global financial crisis.  All the big-name property developers announced that the sales performance this year has set record highs. But who expected, "bull" achievements of "profiteering" is not only developers, but also behind the "Hua Hua ...

Zhou Xiaochuan: Monetary policy setting needs to adhere to multi-objective system

China's monetary policy needs to be set around low inflation, economic growth, high employment and balance of payments goals in the transition period of economic reform, according to Zhou Xiaochuan, the governor of the People's Bank of China. Zhou Xiaochuan expressed this in the "2009 China Financial Forum" held in Beijing. Zhou Xiaochuan said that in the second half of the 90, especially since this century, many countries in the world have assumed that monetary policy objectives should be simple, and that controlling inflation has become the sole objective of monetary policy. Over a period of time, this practice in many countries has achieved very good results, but in response to the financial crisis ...

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