Archive for November, 2011

In China, Barbie’s Reign May Be Short-Lived

 

By Michael Wei

Wanted: BFF; pretty in pink; not too trashy; lower-maintenance than Barbie. Must speak Chinese.

Meet Princess Secret, would-be playmate to the children of China’s growing consumer class, which increasingly demands better-quality toys at prices cheaper than foreign brands can offer. The doll’s manufacturer, China Focus (Yiwu), is among Chinese exporters seeking a slice of the domestic market. “Our products probably cost twice as much as those designed for the local market, but that’s not a problem because they’re still cheaper than imports,” said Maggie Zhang, a sales manager minding a stall packed with Princess Secret dolls …

Fund managers employ market fears

Of robes farzad

It was a tough year for the stock market – and one absolutely brutal for mutual fund investors. The wild swings in August were especially irritating: investors pulled out of U.S. equity funds. 10, In the midst of the largest flight for a month after the failure of Lehman Brothers in September 2008 $30 billion in the week ended Aug. In the seven months to July net disbursements amounted to $17.8 billion, following outflows of $280 billion in 2008 and last year according to the investment company Institute. The long-term trend confirmed: investors are fed up with …

‘Job-Killing’ Tax Hikes May Not Be So Lethal

The rich may spend part of a tax windfall, but put some into savings and investments. The middle class spend more of any extra cash they get

The rich may spend part of a tax windfall, but put some into savings and investments. The middle class spend more of any extra cash they get Bloomberg

By Mike Dorning

Barack Obama had barely finished announcing his deficit-reduction plan this week before John Boehner, the Republican House Speaker, dismissed the President’s proposed tax increases on wealthy Americans as a blow to “job creators.” That phrase has been coming up a lot lately in Washington. The notion that the rich drive job creation and that taxing upper incomes is a “job killer” is a powerful line and difficult to refute …

Greek, Irish, Portuguese bonds slump on standard bets; Labour promotion

April 22, 2011, 2: 40 am EDT by Emma Charlton and Keith Jenkins

April 22 (Bloomberg) – Sank Greek bonds, proceeds from the most in almost a year, as the costs, which jumped to insure securities against standard drives on an all-time-high in mounting concern must it restructure its debt burden.

Yields on two – and 10-year bonds issued by Greece, Ireland and Portugal all rose to euro era records of this week. Lars field, a member of the Council which said economic adviser, Chancellor Angela Merkel is likely on 20 April in the Greek debt restructuring. “A”negative”Outlook on the …

If the creditworthiness of their importance to lose

Illustration by topos graphics; Hands: Corbis

Zeke faux and Jody Shenn

This is a more secure investment: (A) Government, supported by the full confidence and the US Government, or (B) securities supports the to the worst financial crisis since the great depression by subprime loans, the same kind of investment, led? For ratings company standard & poor’s, the answer is (b)

S & P removes the United States the top rating of AAA, at the 5. Aug. that Washington made less creditworthy politics of the country. In the meantime, the AAA company to more than $36 billion of securitised US …

Nuke-Free Germany Isn’t Exactly Nuke-Free

By Ladka Bauerova and Carol Matlack

Set in the lush, rolling Bohemian hills of the Czech Republic, the twin reactors of the Soviet-designed Temelín nuclear power plant lie just 44 miles from the German border. Since last spring, when Chancellor Angela Merkel began shutting down Germany’s nuclear reactors, Temelín has stepped up supplies of electricity to Bavaria, where big German manufacturers including BMW, Audi, and Siemens have factories.

There’s a double paradox here. Germany says its future will be nuclear-free. For the present, though, it’s nuclear not-so-free, relying more than ever on electricity from atomic-powered neighbors. What’s more, the Germans …

Gold record touched, set for third weekly gain, debt concern

April 22, 2011, 3: 23 am EDT by Sungwoo Park and Jae Hur

Gold expanded April 22 (Bloomberg)–to a record, set you for a third weekly gain, such as a weaker dollar and debt concerns of metal appeal as alternative investment increased. Silver gained to the highest level in 30 years.

Gold for immediate delivery reaches all-time high of $1,511.47 an ounce before trading an $1,507.38 at 4:10 pm Seoul time. The metal is up 1.4 percent of this week. Futures for June delivery yesterday touched a record $1,509.60 on the COMEX in New York. The most active contract has …

The granddaddy of all bubbles?

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Phillip Toledano

By Peter coy and robes farzad

It is as if 2008 never happened. Once again, investors are world pumps, which will probably explode in their faces to bubbles. After popping a real estate bubble led to the first global recession since the 1930s, are world markets as shaken champagne foam. Experts claim, price increases have discovered by economic fundamentals in assets from U.S. farmland up to Israeli biotech Australian housing to Chinese cemetery sites are not supported. Raw materials have risen. Global junk bond issuance hit a record in the first three months of the year. And Yale’s …

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Data leaks in China some investors give an advantage

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Illustration of Maayan Pearl; Faucet: Getty Images

From Bloomberg BusinessWeek staff

Relying on 14 Apr, Hong Kong Station Phoenix Satellite TV posted on his website China’s March inflation, industrial production and eight other economic key indicators on an unknown source. If the official figures were published in the afternoon and the following day 9 of the 10-digit written proved of Phoenix right. Similar leaks Chinese economic data have often in the last few months in circulation brought. “More than often, we see that has strange move markets before the release of statistics,” says Yan yiming, lawyer of Shanghai-based securities.

Chinese …


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