31/07 - General information world economy
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Update: 2010-08-01 00:06:14
A recent report has indicated the IMF, the Bank of China remains the stance that China should not raise interest rates during ahead. Besides, the IMF and Beijing are also not uniform in the evaluation of the yuan.
A recent report has indicated the IMF, the Bank of China remains up schools that China should not raise interest rates in the short term. Besides, the IMF and Beijing are also not uniform in the evaluation of the yuan.
South Korea's net profit in Q2/2010 Sam sung Electronics growth 83%
Thanks to sales of semiconductors and flat panel televisions increased, Samsung Electronics has announced a record profit in second quarter of the past, with an increase 83%, reaching 4.28 trillion won (3.6 billion), compared with net profit of 2.33 trillion won (1.96 billion dollars) to the same period in 2009.
South Korea: Net Income in Q2/2010 of Hyundai Motor up 71%
Hyundai Motor Co., maker of South Korea's top auto announces second quarter profit increased to 71%, exceeding forecasts of analysts thanks to overseas demand increases.
South Korea: Industrial output up 16.9% in T6/2010
In the context of leading Korean companies have announced record profits, Bureau of Statistics announced the country's industrial output increased in the past in June exceeded expectations analysts.
South Korea's net profit in Q2/2010 LG Electronics 33% reduction
LG Electronics, maker of mobile phones great 3rd world announced second quarter profits decline recently after it was slow compared to Apple and Samsung Electronics in the launch of phones smartphones on the market.
South Korea: The belief of producers in T8/2010 increase
A survey conducted on 1579 companies in the period from 15/7 to 22 7 by the Bank of Korea showed that the confidence of manufacturers has increased to its highest level in more than seven years.
Japan: Consumer prices decrease T6/2010 second consecutive month
According to the Statistical Office of Japan, prices of goods in June of this past month has seen the first two consecutive down, because prolonged deflation, the cost of social welfare increases and weak domestic demand due to reduced consumer purchasing power in the hope prices will fall further.
Japan: Honda improve forecasts of net profit in fiscal year 2009
Honda Motor Co., maker 2nd largest automobile Japan recently improved forecast profit in the fiscal year 2009 in the context of demand for automobiles in the U.S. and Asia has recovered strongly. Net profit in fiscal year 2009, ended in March this year will reach 455 billion yen (5.26 billion dollars), compared with an estimated 340 billion yen (3.94 billion dollars).
Japan: Retail sales increased 3.2% in T6/2010
Japan Ministry of Commerce said retail sales in June broke up 3.2% over the same period last year, growth recorded six consecutive month.
Japan: Toyota will continue to recover about 480,000 vehicles due to steering system error
Nightmares recovered car seems not terminate for Toyota when it recently, it has decided to withdraw nearly half a million vehicles, mostly produced in the period from 2003 to 2007, due to faults on the system drive.
Japan may slow growth by increasing unemployment and industrial output down
In past June, Japan has witnessed many economic data was not as expected. Industrial production and consumer prices continued to decline, while the unemployment rate suddenly increased.
China: CKI and HKE acquired a branch in UK EDF's for 9.1 billion dollars
In the context of doing business in the power of the EDF subsidiary located in England, not profit as expected, construction company Cheung Kong Infrastructure and Hong Kong electricity, referred to as CKI and HKE said the company is planning to buy it from the EDF subsidiary for $ 9.1 billion.
China: Volkswagen's Profit Q2/2010 China has doubled
Since China became the largest automobile market in the world, doing business there are always firms The leading cars like Volkswagen's special interest. Results profitable quarter past two in the country was not contrary to the expectations of the company has seen rates double.
China: Central Bank saw the need to raise interest rate is not so necessary
A recent report has indicated the IMF, the Bank of China remains the stance that China should not raise interest rates in the short term. Besides, the IMF and Beijing are also not uniform in the evaluation of the yuan.
China: Geely to buy Volvo
The Ministry of Trade China has approved acquisition of the Volvo brand carmakers Geely - paving the way for the completion of acquisition is valued at $ 1.8 billion.
Bangladesh: Worker textile industry protests demanding higher wages
wave of strikes and protests demanding higher wages taking place in many Asian countries, from Cambodia to Bangladesh. Recently, thousands of garment workers in Bangladesh were street demonstrations, protests the decision of the government increase salaries, which they believe is too low.
Australia: volume of bank lending 0.2% increase in T6/2010
According to data published by central banks of Australia, the volume of lending by banks in the country in June broke up 0, 2%, lower than forecast.
Philippines: rice reserves become redundant due to import too much
agency spokesman salary real country abbreviation NFA Phillppines on 30/7 have admitted that, Phillppines imported rice in preparation for excessive tropical storm season ahead.
U.S. claim amount reducing unemployment for the first time
In the week ended on 24/7, the application of first-time jobless benefits fell 11,000 in the U.S. unit, down to 457,000 applications. However this figure is still high and can not ease the concerns about the U.S. economy.
USA: The manufacturer of electronic reading racing discount
Since the first electronic reader was introduced to Amazon's price of 360 dollars in 2007, now the price of this device is only 139 dollars and still further reduced by the analysts.
USA: The recovery from recession weakening
The amount of orders using durable goods declined in June , weak housing market, high unemployment led to the recovery from the recession of U.S. economy losing momentum.
U.S.: Wall Street's key month The best transactions during the year
Wall Street has the best trading month from early next year, thanks to seasonal business announced profits bring results exceeded expectations, pushing back suspicion from the weak economic data.
session ended on 30/7, Dow Jones down 1.22 points (0.01%) to 10,465.94 points, S & P 500 increased 0.07 points (0.01%) to 1101.53 points, the Nasdaq increased 3.01 points (0.13%) to 2254.70 points.
Poland: Market lo afraid to delay implementation of commitments on the budget
followed by Hungary, Poland is prompting investors to become disappointed because of the possibility the country may delay the implementation of commitments deficit to about 3% threshold in 2012. Accordingly, this country will still carry out measures to tighten the budget limits set by the EU will only be met until 2013.
Russia: food production declined by prolonged heat
severe drought has caused many cultivated food severely affected. It is estimated that food production in the country this year will decrease about 25 million tonnes forecast.
I: Establishing the bank Metro Bank
Bank Metro Bank, Retail Banking in New England for over 100 years opened Tuesday to serve customers 29/7 recently, hoping a new wind blowing in the mass banking in Britain after this area was severely affected from the recession and debt crisis.
Eurozone: Confidence economic outlook for the increase in T7/2010
The new data is the European Commission announced, in July, the index measuring the confidence of world business owners and consumers in the euro area has increased strongly than predicted and reached its highest level in over two years.
Spanish: Gaur ban competition can affect the economy
On 28/07, Catalonia Parliament voted to ban the organization from Gaur played on 01/01/2012. Many argued that the prohibition on Gaur competition may affect the economy and increase unemployment.
Oil and Gold
strongly supported oil prices by USD weakness and reduced unemployment. Closed session 29/7, light sweet crude oil prices in New York increased 1.8%, or $ 1.37 to $ 78.36 a barrel. Crude oil prices rose 3.6% in July.
At the New York market, the gold price increased $ 8.80 month 12/2010/ounce to $ 1,171.20 per ounce and record levels the largest increase on 20/07/2010. Gold for immediate delivery last session 29/7 stands at $ 1,168.10 per ounce, compared with $ 1,162.55 the previous session.
South Korea's net profit in Q2/2010 Sam sung Electronics growth 83%
Thanks to sales of semiconductors and flat panel televisions increased, Samsung Electronics has announced a record profit in second quarter of the past, with an increase 83%, reaching 4.28 trillion won (3.6 billion), compared with net profit of 2.33 trillion won (1.96 billion dollars) to the same period in 2009.
South Korea: Net Income in Q2/2010 of Hyundai Motor up 71%
Hyundai Motor Co., maker of South Korea's top auto announces second quarter profit increased to 71%, exceeding forecasts of analysts thanks to overseas demand increases.
South Korea: Industrial output up 16.9% in T6/2010
In the context of leading Korean companies have announced record profits, Bureau of Statistics announced the country's industrial output increased in the past in June exceeded expectations analysts.
South Korea's net profit in Q2/2010 LG Electronics 33% reduction
LG Electronics, maker of mobile phones great 3rd world announced second quarter profits decline recently after it was slow compared to Apple and Samsung Electronics in the launch of phones smartphones on the market.
South Korea: The belief of producers in T8/2010 increase
A survey conducted on 1579 companies in the period from 15/7 to 22 7 by the Bank of Korea showed that the confidence of manufacturers has increased to its highest level in more than seven years.
Japan: Consumer prices decrease T6/2010 second consecutive month
According to the Statistical Office of Japan, prices of goods in June of this past month has seen the first two consecutive down, because prolonged deflation, the cost of social welfare increases and weak domestic demand due to reduced consumer purchasing power in the hope prices will fall further.
Japan: Honda improve forecasts of net profit in fiscal year 2009
Honda Motor Co., maker 2nd largest automobile Japan recently improved forecast profit in the fiscal year 2009 in the context of demand for automobiles in the U.S. and Asia has recovered strongly. Net profit in fiscal year 2009, ended in March this year will reach 455 billion yen (5.26 billion dollars), compared with an estimated 340 billion yen (3.94 billion dollars).
Japan: Retail sales increased 3.2% in T6/2010
Japan Ministry of Commerce said retail sales in June broke up 3.2% over the same period last year, growth recorded six consecutive month.
Japan: Toyota will continue to recover about 480,000 vehicles due to steering system error
Nightmares recovered car seems not terminate for Toyota when it recently, it has decided to withdraw nearly half a million vehicles, mostly produced in the period from 2003 to 2007, due to faults on the system drive.
Japan may slow growth by increasing unemployment and industrial output down
In past June, Japan has witnessed many economic data was not as expected. Industrial production and consumer prices continued to decline, while the unemployment rate suddenly increased.
China: CKI and HKE acquired a branch in UK EDF's for 9.1 billion dollars
In the context of doing business in the power of the EDF subsidiary located in England, not profit as expected, construction company Cheung Kong Infrastructure and Hong Kong electricity, referred to as CKI and HKE said the company is planning to buy it from the EDF subsidiary for $ 9.1 billion.
China: Volkswagen's Profit Q2/2010 China has doubled
Since China became the largest automobile market in the world, doing business there are always firms The leading cars like Volkswagen's special interest. Results profitable quarter past two in the country was not contrary to the expectations of the company has seen rates double.
China: Central Bank saw the need to raise interest rate is not so necessary
A recent report has indicated the IMF, the Bank of China remains the stance that China should not raise interest rates in the short term. Besides, the IMF and Beijing are also not uniform in the evaluation of the yuan.
China: Geely to buy Volvo
The Ministry of Trade China has approved acquisition of the Volvo brand carmakers Geely - paving the way for the completion of acquisition is valued at $ 1.8 billion.
Bangladesh: Worker textile industry protests demanding higher wages
wave of strikes and protests demanding higher wages taking place in many Asian countries, from Cambodia to Bangladesh. Recently, thousands of garment workers in Bangladesh were street demonstrations, protests the decision of the government increase salaries, which they believe is too low.
Australia: volume of bank lending 0.2% increase in T6/2010
According to data published by central banks of Australia, the volume of lending by banks in the country in June broke up 0, 2%, lower than forecast.
Philippines: rice reserves become redundant due to import too much
agency spokesman salary real country abbreviation NFA Phillppines on 30/7 have admitted that, Phillppines imported rice in preparation for excessive tropical storm season ahead.
U.S. claim amount reducing unemployment for the first time
In the week ended on 24/7, the application of first-time jobless benefits fell 11,000 in the U.S. unit, down to 457,000 applications. However this figure is still high and can not ease the concerns about the U.S. economy.
USA: The manufacturer of electronic reading racing discount
Since the first electronic reader was introduced to Amazon's price of 360 dollars in 2007, now the price of this device is only 139 dollars and still further reduced by the analysts.
USA: The recovery from recession weakening
The amount of orders using durable goods declined in June , weak housing market, high unemployment led to the recovery from the recession of U.S. economy losing momentum.
U.S.: Wall Street's key month The best transactions during the year
Wall Street has the best trading month from early next year, thanks to seasonal business announced profits bring results exceeded expectations, pushing back suspicion from the weak economic data.
session ended on 30/7, Dow Jones down 1.22 points (0.01%) to 10,465.94 points, S & P 500 increased 0.07 points (0.01%) to 1101.53 points, the Nasdaq increased 3.01 points (0.13%) to 2254.70 points.
Poland: Market lo afraid to delay implementation of commitments on the budget
followed by Hungary, Poland is prompting investors to become disappointed because of the possibility the country may delay the implementation of commitments deficit to about 3% threshold in 2012. Accordingly, this country will still carry out measures to tighten the budget limits set by the EU will only be met until 2013.
Russia: food production declined by prolonged heat
severe drought has caused many cultivated food severely affected. It is estimated that food production in the country this year will decrease about 25 million tonnes forecast.
I: Establishing the bank Metro Bank
Bank Metro Bank, Retail Banking in New England for over 100 years opened Tuesday to serve customers 29/7 recently, hoping a new wind blowing in the mass banking in Britain after this area was severely affected from the recession and debt crisis.
Eurozone: Confidence economic outlook for the increase in T7/2010
The new data is the European Commission announced, in July, the index measuring the confidence of world business owners and consumers in the euro area has increased strongly than predicted and reached its highest level in over two years.
Spanish: Gaur ban competition can affect the economy
On 28/07, Catalonia Parliament voted to ban the organization from Gaur played on 01/01/2012. Many argued that the prohibition on Gaur competition may affect the economy and increase unemployment.
Oil and Gold
strongly supported oil prices by USD weakness and reduced unemployment. Closed session 29/7, light sweet crude oil prices in New York increased 1.8%, or $ 1.37 to $ 78.36 a barrel. Crude oil prices rose 3.6% in July.
At the New York market, the gold price increased $ 8.80 month 12/2010/ounce to $ 1,171.20 per ounce and record levels the largest increase on 20/07/2010. Gold for immediate delivery last session 29/7 stands at $ 1,168.10 per ounce, compared with $ 1,162.55 the previous session.
(HealthDay News)
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