Financial Situation

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Most APEC economies think the trade and financial situation is expected to improve

Singapore, July 18 (Xinhua) 10 of the 18 APEC economies surveyed said the trade and financial situation would improve in the next 6 months, according to a recent survey by Singapore, the rotating chairman of APEC.  Surveys show that of the 18 surveyed economies, 16 said they were currently facing problems in trade and finance, and 13 of the 16 economies said that the risks to the economy posed by financial institution problems had risen since the onset of the global financial crisis in the second half of last year. The survey shows that the vast ...

Net profit declines in giant networks: highlighting the crisis in the online gaming industry

March 9 News, a few days ago, media reports said the Giants reported a continuous decline in its net profit, and call health care resources fill.  In addition, a series of state-issued high-pressure policies, leading to the overall online market or affected, the giant outlook is worrying. It is reported that the giant set up a "win in Giants" project last year, invested 9 online games, including agency agreement. It sparked a year of net profit decline for Giants. Giant network chairman and CEO Shi Yuzhu admitted that the 2009 financial situation because of "green journey" to cancel the opening of the Treasure box after the negative impact of its research and development vice President Guixe also said "green journey" ...

report says founder of Rovio 42 million dollars in VC money

At the beginning of May 2012, Finnish mobile gaming development company Rovio announced its financial position. May 21, the Dutch national Patent and Registration Board received the 2011 financial report submitted by Roivo. Some may think that the mobile gaming development company has already disclosed its financial situation before then, so the financial document should have no research value. However, according to the company's financing, there is a huge financial gap in the document. In early March 2010, Rovio announced that Accel, ...

Analysts say the vote may restart after the Spring festival

According to economic sound, "world finance" reported that February 1 money market capital interest rate overall still hovering, but the overnight repurchase rate fell sharply 485 to 3.37%, indicating that the market real capital situation has improved. Analysts said that with the return of cash to the banking system, the tight financial situation is expected to be a substantial improvement in the Spring Festival after the central vote may be issued.

CBRC confirms meeting of bank executives to request credit for this year

January 26 News, in January this year after the first to second week of faster credit, in the relevant window guidance and some banks themselves adjust the speed of credit, the third week, the scale of new credit has a significant decline in the first two weeks, but not the market rumors of the overall moratorium on new credit. According to industry insiders expect this week's new credit will continue to maintain the trend last week. Sino-New Society hair Wu Mang Xinhua Beijing, January 27, China Banking Regulatory Commission 27th confirmed that yesterday, the major commercial banks held a high-level two o ' year first financial situation briefing meeting, on the commercial banks ...

CIC Chairman: China's economic growth is gradually entering a new cycle

Sanya, March 27 (Xinhua) China Investment Co., Ltd., chairman Lou Jiwei, said 27th, China's economic growth has gradually entered a new cycle, as long as the policy is properly grasped and advanced measures are strong, the Chinese economy still has a lot of room for growth. In 2009, Mr Lou said, CIC held a good opportunity to stabilize the economy and rebound from the bottom of the capital market, and to gain better investment income. In the face of the complex economic and financial situation in the 2010, CIC will pay more attention to risk management and improve its investment management ability. ...

Beijing last year sold land to make 47.7 billion of land sales first in financial report

"King" Frequency of 2009, so that Beijing sales volume soared to more than 90 billion yuan. Yesterday, the Municipal Finance Bureau reported to the Municipal People's Congress the financial situation in 2009 and 2010. The report said Beijing last year earned 267.88 billion yuan, with a net income of 47.7 billion yuan. It is reported that the first time this year, the government's revenue sales to the financial report, so that the NPC deputies supervision, the move marks the government's revenue and expenditure budget system more perfect and transparent.  Meanwhile, Beijing has lowered its forecast for 2010 revenue growth to 9%, its lowest forecast for 5 years. Income from land sales (for sale) ...

Hong Kong Disneyland last year net loss of 1.3 billion admission was slightly increased

Photo: Hong Kong Disneyland. Xinhua News agency, Qin Xinhua Beijing, January 19, according to Hong Kong media reported that Hong Kong Disneyland for the first time announced the financial situation, the net loss of 1.3 billion yuan last year, compared with the previous 16% reduction.  The number of admissions increased by 2% to 4.6 million. In the event of interest and tax deduction, the park was operating at a loss of $70 million, a 57% reduction from the previous year and a reduction in liabilities.  Hotel occupancy rate was 70%, down 8%. Park said the expansion project has commenced and is expected to be completed in phases until 2014.

Madoff accountant pleads guilty to US federal judge

Madoff Xinhua New York, November 3, perennial financial giant cheat Madoff to provide accounting audit Services accountants David Friehlin 3rd to the federal judge pleaded guilty, but denied the Madoff "Ponzi scam" informed.  According to local media reports, criminal charges against Friehlin include securities fraud, aiding investment advisers in fraud, tax evasion and submitting forged documents to the Securities and Exchange Commission. Friehlin 3rd in Manhattan federal Court in New York to admit to the presiding judge that he was unable to conduct an independent audit of the Madoff company's financial situation, credulous by Madoff himself or his company ...

CBRC: Bank reserve coverage to be 150% per year

Zhou Jingya in the first half of the new Yuan loan set a record of 7.37 trillion yuan, the regulator once again raised the demand for commercial banks to reserve coverage.  On July 17, the Banking Regulatory Commission's third economic and financial situation briefing in 2009 said that financial institutions should strengthen risk management and strictly adhere to the bottom line of the provision of coverage, and must increase the provision coverage to over 150% during the year. This is the second time this year the CBRC has raised the requirement for commercial banks to set aside coverage. January, Mr Liu's first economic and financial briefing for the CBRC in 2009 ...

Beijing April Fiscal increase over 30% under the pressure of the second half of the property market adjustment

The city finance Bureau said that by the property market adjustment stock market fluctuations and other factors, is expected to increase the second half of the pressure of fiscal increase (reporter Li Liqiang) this year in April, the Beijing Municipal finance year-on-year increase of 30%.  Yesterday, the Beijing Municipal Finance Bureau Director Yang Xiaoxu to the City Standing Committee report the current financial situation, said by the real estate market and other factors, the annual revenue growth is expected to increase "before the high and low." Yang Xiaoxu Introduction, 1-April, the city's revenue completed 89.28 billion yuan, an increase of 33.8%, the completion of the annual budget of 40.4%. The financial expenditure completes 62.13 billion yuan, completes the whole year ...

Rumors of Lenovo's takeover of Sharp's factory are not groundless

More and more news of the ban shows that there is no groundless rumors about Lenovo's merger with Sharp's factory. An executive close to both sides of the talks received an interview with Sharp observation and revealed the insider of the deal's failure. Despite the regrettable end of the partnership, but for Lenovo, the same harvest, the following is the exclusive report: Lenovo's acquisition of Sharp Chinese plant is a bit of a surprise, Sharp's deteriorating financial situation is the reason for the two sides to move together. Unlike Chinese companies, Japanese family firms are heavily controlled by banks and have long suffered losses that have made sharp board faces ...

Panasonic is not bullish on Japan's flat-panel TV market, saying it is shrinking

"Science and technology News" March 18, according to Http://www.aliyun.com/zixun/aggregation/1022.html "> Japan's economic news reports, the financial situation is not optimistic about the Japanese Panasonic company or give up plasma TV business,   Become part of the company's plan to shrink the size of its television business. reported that Panasonic in order to ensure the health of the financial situation, has sold some assets.   The company decided to reduce the size of its television business for three consecutive years, starting next year. Panasonic believes ...

China banking regulatory "10 requirements" to prevent credit risk

----the internal bank sets the coverage to be more than 150%"two set of mortgage" policy strict implementation of the "Report" (reporter Di Mengyu) The mainland last week released a series of economic data, there are signs that some of the rescue funds into the stock market and the property market, the central government is very concerned about. China Banking Regulatory Commission chairman Liu said that the rapid expansion of China's banking lending in the first half of this year has played an important role in promoting economic stability, but the risk of the accumulation of high speed loans is also increasing, and the tendency of the banking financial institutions to operate in an imprudent and impulsive lending and extensive has risen. He also proposed to optimize credit ...

CBRC asks banks to implement capital plan early

The CBRC held its second economic and financial Situation analysis briefing in 2010 in April 20, and the chairman of the CBRC said that banks should continue to make capital replenishment plans and implement them in accordance with their own circumstances, and to formulate practical and long-term plans for capital construction and implement them as soon as possible.  Shan, the bank's international banking analyst, said the so-called medium-to long-term capital plan should be about 3 years, or at least until 2012, to meet regulatory requirements. According to the analysis, the current regulatory authorities on the large banks capital adequacy requirements of more than 11.5%, the core capital adequacy ratio of 8% to ...

Can I start my own business while I work?

"Can I start my own business while I work?" It's not surprising that someone asked. The answer is: "Yes." "But the premise is that your startup project is a business that can be partially absent." Well, what is a semi-absent business? In franchise operations, there are usually two main types--the need for full time ownership and a part-time (half absent) service. For those who are half absent, retailing is a good area to focus on time, energy and effort. Since not all retail concepts can be run in half, it must be licensed by the franchise. In addition to the food chain line ...

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