Archive for December, 2011
The world's central banks increase reserves in dollars
Best Growth Stock – The world’s central banks reduced their foreign currency reserves in euros and dollars increased the third quarter of 2011, according to data released today by the International Monetary Fund (IMF). This multilateral entity disclose quarterly the name of the international reserves of its 139 member countries. 2011 For the quarter ended [...]
U.S. Will Start The New Year With More Clashes Over Debt
Best Growth Stock – U.S. President Barack Obama, decided today to postpone at the last minute request to Congress to raise the country’s debt ceiling, so that 2012 will start with a new face is expected to vote again to Republicans and Democrats. The Department of U.S. Treasury announced earlier this week that the national [...]
Obama Optimistic About 2012 Economic Recovery
Best Growth Stock – U.S. President Barack Obama, was now “optimistic” about prospects for his country in 2012 to take a look of the year just in a moment that it was “decisive for the middle class.” In his weekly radio address to the nation, Obama wished a happy new year to Americans and identified [...]
The Chinese central bank promises more flexible exchange rate
Best Growth Stock – The Chinese authorities intend to increase the flexibility of the yuan exchange rate, the national currency, said Saturday the central bank governor of China, after the angry criticism in this regard made by the U.S. Treasury. “In the future, fluctuations in the exchange rate will be more important,” said Zhu Xiaochuan, [...]
Wall Street prepares for a year as hard as 2011
Europe reeling, political gridlock, volatility in the markets. Family issues for investors who survived to 2011, and should deal with them again next year. Given the escalating debt crisis, political turmoil around the world, and the collapse of the credit worthiness in the major industrial nations, the 2011 was a difficult year to find out [...]
German Finance Minister believes that the debt crisis will be resolved in 2012
Best Growth Stock – The German Finance Minister, Wolfgang Schaeuble, believes that the debt crisis that crosses the eurozone can be controlled over the next twelve months, at the same time it has ruled out a break occurs in the euro area. “I think we will have advanced enough in the next 12 months we [...]
China will open more sectors to foreign investment in emerging industries
Best Growth Stock – China will open more sectors to foreign investment as a measure to encourage capital inflows in emerging industries, announced the national economic regulatory authorities through the official news agency Xinhua. Under the new provision will promote investment in the areas of technologies for energy saving and environmental protection, information technology, biotechnology, [...]
Hong Kong closed with slight gains in a year its index lost 20 percent
Best Growth Stock – The Hong Kong Stock Exchange closed today with gains of 0.20 percent, and the lowest turnover in three years, the stock market in 2011, when the Hang Seng Index lost 20 percent of its value. On the last day of the year for the park, the index rose 36.47 points, or [...]
The stock markets of Southeast Asia closed the year with gains
Best Growth Stock – The Southeast Asian stock markets today took leave in 2011 with increases determined by last-minute purchases, except Singapore. In Singapore, the Stock Exchange of the city-state fell 18.12 whole, equivalent to 0.68 percent, for the Straits Times Index stood at 2654.66. In Thailand, the Bangkok Stock Exchange rose 1.41 assets, equivalent [...]
The euro traded below 100 yen for the first time in 10 years
Best Growth Stock – The euro fell this Friday below 100 yen for the first time in the last ten years due to persistent fears about the future of the euro area and the volatility inherent to a market prevacacional period. About 10h50 GMT, the euro traded at 99.97 yen, its lowest level since December [...]
