Pages

Subscribe:

Wednesday, May 18, 2011

Dollar under pre05ure depre05ed market sentiment

1,234,567 next

according to icon financial May 17 markets of eurozone Greece concerns and the continued decline in commodity prices in countries such as market sentiment under pressure, rebound in non-US currencies are subject to restrictions. May announced on Monday the New York Fed manufacturing index lower than market expectations, indicating that United States economic recovery is still full of thorns. May NAHB house price index and value before an impartial, less than the market expected, that United States housing markets remain under pressure. Remarks by the officials of the European Union and eurozone finance ministers yesterday support Greece, market sentiment slightly subject to certain support, US stocks lower after opening in the modest rise in early trading, dollar fall euro, Australian dollar and other major non-US currency is also rebounded. Gasoline futures prices dropped to under US $ 3, crude oil prices also were dragged down plunge end upside in weak domestic economic data, Greece concerns continuing and fell under the influence of common cent fall in commodity prices, the euro and other major non-US currency rebounded again began to decline after. Also, last night, President of the Executive Committee of the IMF met Kahn was arrested, but the market still worry eurozone rescue will be affected from the EU and the IMF, which is one of the reasons for euro sentiment and pressure. From stock market and commodity market recently of performance seems, by weak of economic data and eurozone continued concerns of effect, downturn of market emotional in recent is difficult to has large of improve, non-US currency medium-term within does not excluded continued was drag continued decline of may; from on the view, dollars previously reverse 後 currently also maintained good of rally, is expected market emotional continued bearing pressure will in recent for dollars constantly provides support.

financial event

Monday, May 16, 2011

Us $ us $ higher than expected CPI is expected to raise interest rates helped push

1,234,567 next

according to icon financial May 16 announced last week, the last trading day of the United States April consumer price index (CPI) rose 3.2%, higher officials and economists expect the Federal Reserve. Although the United States Government, April overall CPI rise was mainly attributable to higher energy prices, and that the monthly core CPI increased at a slower 1.3%, below the 1.5% this year the Fed deems appropriate interval. In overall inflation, while core inflation rate case of little change, the Fed is unlikely to face of tightening monetary policy in the short term there is an urgent need. However, in our view, the steadily rising CPI figures will still be the market on inflation not lightly, will continue to pay special attention to signs of rising core inflation rate, once interest rates will form strong support against the dollar again.

is of concern, some fund managers, investment advisors and retail investors have even from short to long on dollars. Mass of investors are betting practices changed in risky assets will continue to rise. United States commodity futures trading Commission (CFTC) on Friday (13th) report shows that as of May 10 weeks, speculators holdings of US dollar NET short position significantly reduced display market for us $ attitude began to change. In addition, euro net long positions held by the speculators last week fell to 61,447 hands, compared to previous 99,516 hands plunged nearly cent of a week, a week before the euro net long positions for the highest level since July 2007. Have reason to believe that haven demand heating up, and the dollar speculative markets to flip, all indicate the Outlook of the dollar would continue to rise. Judging from the present market trend, long on the dollar will become the mainstream view in the market for a certain period.

financial event

Tuesday, May 10, 2011

The State Council local shall, mutatis mutandis, the Central three of public expenditure

Wednesday, May 4, 2011

Tax list Sun basking the ordinary people do clearly taxpayers

Focus on the critical period for children in children's financial education pleasure school finance

Venture two years 5,000,029 honey strings of plant industry

Nationwide financial times wealth management care become tragic protagonist

version: sitting in a wheelchair a few banknotes

“ I and her husband to achieve financial freedom, several real estate. Because I do not care of yourself when you're young and healthy, for many years become ill because of overwork, is in poor health. Achieve financial freedom, a large part of the income used to pay the medical expenses, only few notes in the wheelchair. &Amp;rdquo;

Taikang life insurance experts said Pan Manhong Hunan branch, this “ youth health for wealth, wealth in old age for health ” is not isolated. Even reached financial freedom gains. Except weekdays outside attention to balance and health at work, what do investors have? She thinks zhongji wealth insurance, hospitalization insurance is an effective way to avoid being swallowed by medical, health and wealth so as to realize the success of financing tools.

version II: younger generation to spend no money

“ although I and my husband to achieve financial freedom, but his son and our relationship is bad, because we put mind in all these years on how to make money, ignoring his son on the growth of education, nurse one ' s hatred eventually die. &Amp;rdquo;

if neglected their children's education, it may lead to “ A maiden with many wooers often chooses the worst, rich in three generations ” end. Xinhua life insurance in Hunan branch insurance experts say parents except through the investment of the Fund, children's such as insurance for their children Education Fund accumulated, providing better educational environment for children, also fostering children's financial literacy. Child accounting, planning, work-study and other lucky money uses, is a good way.

version three: financial landing does not end up empty

“ I and her husband has not achieve financial freedom, although the word we call life. Because we focused only on the money in hand, instead of focusing on personal growth. Couple thrift to old, reluctant to spend money to enjoy, finally became a financial freedom. &Amp;rdquo;

just frugally, not ability to pay attention to personal and career planning, learn to self-investment, employment and income will come to a halt, financial freedom is still a distant dream. May wish to refer to civilian financing up to “ financial ” approach: even if the monthly income of only $ 2000, not only to eat healthily, also taking into account the learning, travel and make friends. He shared his experience in financial management, planning funds subject to reasonable purposes, there is need for increased investment in learning to strengthen confidence, increase investment in the future to increase income.

user zhizhao “ rookie ” financial

even achieve financial freedom, but there are still areas such as health, children's education, eating a wide range of issues such as old. Visible people on uncertain future is full of sense.

how financial management, variable “ Cup with ” “ wash ”? Reporters found, ready to exchange experience financial management provides good recommendations: first, is available online for bookkeeping, clear income and expenditure of families go, also learn other family's lifestyle and second, to open online banking, and build up a credit card. Can save electricity and water to the post office queue, more investment in the future to facilitate financial management. Credit card with interest-free period to increase cash flow, easy for investment or other areas. In addition, repayments on time can also accumulate personal credit; third, can purchase focus on protection insurance, dispersed due to accident, sickness, disability and other risks. (Xiao Juan)

 

 

Diamond price tidal surge hit labor day and marry costs will increase

diamond prices into the sky

80 Lam and his girlfriend Miss Li fell after one year, intends to wine in October this year. These two days, Mr Lin is worried about a sweet thing —— buy a diamond ring. &Amp;ldquo; wife of diamond rings always want to buy in the future a little better, but recently the international diamond prices much, and the expected future gains more if prices are too high are a bit too much. &Amp;rdquo; some of Mr Lin tangled, is more effective the earlier the buy now? Is selected in the local domestic at Amoy Gardens, is also simply fly to Hong Kong to buy?

call very high diamond prices not only affected people's emotions, also in Hangzhou xinfu crowd stirred up ripples. Has been good at financing investments of “ small diamonds Bachelor ” axin said, he met a group of friends of growing demand for diamonds, especially like to buy more than 3 carats of raw diamonds, mainly between two functions: first investment, second handed down.

now, riding on a roller coaster of diamond prices will bring affect to the diamond market in Hangzhou? Hangzhou people's preferences for how diamonds? Young couple to be married this year, getting married costs will increase?

according to the information provided by the trade show, started in January last year to December, diamond prices stable, all the way up, Carat Diamond average gains of up to 15% per cent, in particular the 3 carats of diamonds per cent greater.

February 17 this year, within a short span of one month, diamond prices are high speed goes up, 30, 50 minutes, 1 carat, 3 Carat nude drill with different rates of growth. Among them, 1 Carat Diamond growth the fastest, reaching 8%, followed by 3-Carat Diamond, 6% per cent addition is 50 drill, 5% per cent; and one of the slowest growing 30 min drilling, only 2%. From the perspective of overall situation, Carat Diamond this year up to 30% per cent over the same period last year or so.

stock, and cut mill cost improve

diamond price constantly rose

membership global diamond authority De

Beers group of Diamond brand Forevermark eternal imprint China area PR Director Wang Hao said, diamond stock price price has is does not race of facts, to he get of message view, this year January began so far, 20 min above of diamond stock price, rose range in result, 50 min or 1 carats diamond stock, gains is in 30%.

Wang Hao analysis, diamond stock price main is by market supply and demand decided: while, as world economic warmer, global on luxury of demand more Mong Kok, led on diamond of demand increased; on the, international market precious metals, for example gold, and silver, price continued higher, and also as rare resources, has investment hedge potential of diamond price is long-term was underestimated, this also led has this year diamond of price rose.

jewellery industry also pointed out that, in addition to the yield is scarce, contradictions between supply and demand, diamond cutting costs of this two years one of the causes of global diamond prices suddenly flies soar.

it is learned that in November last year, the world's largest diamond cutting State of India on Diwali (India new year) for about 20 days of holiday, and starts with Diwali, Surat rough cutting market area of the world's leading mass strikes erupted, delays in the negotiations between trade unions and employers agreed. Lack of operating rate, a direct result from November 2010 to February 2011, the global shortage of finished diamonds.

mankalong jewelry related personnel said “ not only is insufficient supply of rough diamonds, as well as the cost of market determined rally, cutting costs in part on promoting the rise of prices. &Amp;rdquo;

Hangzhou major counter has not adjusting

“ old prices ” can be purchased in advance

reporters learned from many department stores, and jewelry brands in Hangzhou, diamond price trend is inevitable, diamond market in Hangzhou, but so far has not implemented price adjustment, the brand counters on the diamond is in a wave of purchases of old prices.

on Monday at noon, the tide of Acer in Wulin yintai stores (002345, market information, the major trading) counters, one is the selection of Miss nude drill Tang. Her eyes on a 1 Carat h shop, beautiful, drill, at $ 69,688. Tide Acer counter sales Miss LAU said Tang Xiaojie fancy that diamonds are a reduced price, is participating in the shop limited promotional activities, also participate in the activities of the other 5 us drill, 4 have been customer picks go, selling very pretty.

“ diamonds have been price, the next time you come, purity, quality and size of diamond almost, certainly not the price. &Amp;rdquo; Miss LAU recalled.

“ the next batch of retail prices will certainly rise, but prices were stable on the existing counter, will not be raised, we also have Board, Just raised is not allowed. &Amp;rdquo; hundred largest gold jewellery business in Hangzhou said Xie Haiping, Director, “ there is a small part of the Condition are particularly good diamond, because of its scarcity, prices over time may make separate adjustments, the adjustment range is very small, representing only 3% per cent of the total. &Amp;rdquo;

Swire counter salesperson told reporters of the Royal family: “ diamond is going to go up, vendor prices, we will certainly rise. Rose not only nude drill, additional diamond products are rising. &Amp;rdquo; prices as regards the specific time, the sales staff has not received notice that she suggested reporters: “ diamond has been the price to buy it, certainly is the most cost-effective bought earlier. &Amp;rdquo;

flagship store manager Zhang Dongmei, Hangzhou, China Gold said: “ some time ago to see news that diamonds rise from Shenzhen Stock price increases, but we now have not received a notification of price rising in the shop, current prices are not adjusted. &Amp;rdquo;

in addition, Chow Tai Fook, Chow sang sang, tide Acer, the ancient name of counter sales personnel are given a similar answer, and said the existing counter diamonds are old prices, what the original price, what price now.

in many industries, rising prices are likely to lead to decline in sales, but this reporter learned that, in the diamond industry, due to the scarcity of resources, coupled with the drilling and rising prices in recent years, not only has not affected sales, but has a catalytic role. Mankalong jewelry, TESIRO psychic related personnel have expressed, there are consumer's arrival galvanized, driving in 51 before price, buying diamonds, falling bags for safe. Some of the rigid consumer demand is getting married, on the understanding that the information of price rising, fearing that diamonds continues to price and purchase a diamond ring in advance. While some consumers buy Carat Diamond for hedging, value-added considerations.

50-small diamond has little effect on the following

married young couple can mere human beings we die

the price from the rough diamonds to the retail Terminal how long? According to industry is expected, after diamond raw material cost increases this year May focus on the retail side, 51 before and after are likely to meet with a massive diamond prices surge, the wave of massive price surges or will continue until the end.

public relations Director of eternal mark in China said Wang Hao: “ from wholesale to retail, General 1-2 of months time. In fact, already has outlets now began to increase, is expected to mass before and after the fare increase should be 51. As regards the rate of increase, of course, does not and rough diamond has the same fare. Because originally the retailer's profit margins are different, so different digestive ability of rising raw material prices are expected to average around 15% per cent. &Amp;rdquo;

hundred largest gold jewellery business in Hangzhou said Xie Haiping, Director, now get the message, some vendors have pledged to prices, and vendors get the purchase price has risen, large customers rose about 7%, small customers rose about 15%. Jeweler inventory from the previous quarter at the moment have not sold out, combined with the March or April is the diamond sales season, jewellery businesses commonly used discounts and other promotions, dragging down the overall price of the current. However, over time, nude drill the price sooner or later be reflected in the retail market. Estimate real price surges in ‘ 51 ’ appears before and after.

in April or May of each year is wedding season, diamond prices surge, will impact new wedding costs?

Xie Haiping believes that for the average newcomer, diamond prices little impact on the overall cost of marriage. &Amp;ldquo; new people buy diamond ring has a Lead of marriage, if the newcomer was married in April or May in March or April, most of them have bought diamond rings, at that time was the old price. If it is to get married in June of newcomers, costs may be subject to certain effects of marriage, especially the option to purchase large diamond ring wedding, gains are larger. &Amp;rdquo; Xie Haiping said, “ if you are ready to purchase less than 50 small diamond ring, little impact, such as one of the five thousand or six thousand dollars ' worth of diamond rings, rising prices are generally also qualified (side brand about 95 percent, Nakajima brand discount below), discount then count down than before the price difference of one hundred or two hundred Yuan. ”

 

 

Long term buy financial products are not plainly, the better

more recently, new lower income, many investors to shift stocks of money to buy financial products, bank financing products being crazy pursuit in time, many anticipated higher-yielding products have been robbed and empty, starting at the risk of financial products be diluted. Recently, banking Bureau issued a notice, requirements specification product sales process, for financial consumers can clearly consumption, neglected the purchase details, investors should pay close attention to avoid being &ldquo financial products; injured a back &rdquo.

risk assessment report don't do looks

regardless of is in online purchase financial products also is in counter purchase products, sales Qian, Bank will prompted you need for risk assessment, although these select questions appears to some boring, even a bit Pediatrics, but you must don't go motions, casually is zoned check, also is should seriously fill in, once you of assessment conclusions prompted you purchase this paragraph products has risk Shi, you on should carefully consider is to purchase the products, own is has bear this class risk of economic ability and psychological endurance.

many investors feel that each subject of the risk assessment are more or less, he had previously bought products are profitable, so evaluation is just a mere formality, each product appears to be the same, but their risk level there is a big difference, sometimes differs from the risk of the same product is large, so investors are also should be true and complete. Necessary to remind the user counter to buy financial products, due to the hot products, wait staff, and suggest that you don't buy in a hurry, obtained from the Manager first risk assessment during the queue to avoid to counter, and then continue to wait.

financial products may not be capital preservation

many middle and old aged investors purchase financial products most value of is expected years of income rate, currently Bank 180 days financial products of years of income rate are in 4% to 5% Zhijian, however some products expected years of income rate up to 7% above, really let people heart, but members in purchase these products Shi, probably rarely was will concern these financial products of funds what into what party. Many people may think that this is the need to design products for banking professionals, he does not need to know. In fact, the direction of financial investment of the funds, to some extent determines the risk coefficient of the product.

many financial managers may tell you, financial investment of the funds that you do not know, at this point you should be more careful. The saying goes, not to invest in their unfamiliar territory, so as not to make a blunder. Once the investment direction of financial managers tell you can't understand, must be vigilant at this time, do not sit, best to professional curiosity to know immediately, so as to avoid being taken in, not all products are guaranteed a profit, higher expected annualised yields of products, the potential risk is greater, especially trust products, more prudent choice.

financial products is not more long more good

financial manager to investors describes financial products Shi, General will recommended customer buy period more long of products, and also will explained said this paragraph products of expected years of income rate is is high of, recently issued of products inside one, if you buy short-term products may future due Hou, on cannot buy to high income rate of products has, many investors lest missed has these high income rate products, so quickly buy Xia say.

in fact, not so, in the interest rate cycle, accompanied by Central Bank again and again raise interest rates, expected annualised yields of bank financial products rises, once after expiration of short-term product, might just in time for a new round of interest rate hikes might have been able to get a higher-yielding products. And bank financing products are emerging, so you don't have to worry about the embarrassment of yourself in rich no products to buy. And the Bank now expected annualised yields of one-day financial products is constantly improving, so even after expiration of short-term financing products, you can also choose one-day excessive financial products.

 

Annualised yield financial products how to count Purchase three points

Finance Division whether the interest rate channel should early repayment

asked: I is institutions work of one 26 years female, income situation following: months wage 2,300 yuan around (deduction Provident Fund 740 Yuan, other pension, and unemployment gold, and medical expenses, hand 1000 Yuan around), months bonus hand 2,300 yuan around, year-end award hand 16,800 Yuan around, usually holiday overtime or Festival welfare a years hand 3,000 yuan around, Bank regularly deposits 30,000 yuan, demand 10,000 yuan. Expenditure: serious illness insurance + bonus insurance + insurance year around 8,000 yuan apiece (payment by parents and dividends), a set of 141 square metres of housing, mortgage month for around $ 2,500, there are 29 years (parents subsidized $ 1000 + per month on my housing Provident Fund $ 1480 almost exactly). Current plan: 1. mortgage interest rates rising, or prepayment? loans that is matching the principal and interest. 2. If you do not repay bank deposits exists, or is there better and stable investment? there is no contact with and shares of the Fund.

a: Judging from the customer's assets and liabilities, customers are about actual salary plus bonus income about $ 3,300 per month, annual revenue of about $ 60,000, month spending among mortgage this has been borne by the parents, the rest should only have their daily expenses, pressure. Consider to currently inflation pressure larger, recommendations customer temporarily first not ahead of repayment, existing of regularly and demand, can consider some Bank of short-term financial products, comparison sound, expected income also than with grade regularly high; while, to meet temporary funds demand, recommendations prepared 3-6 months expenditures amount of demand savings; for monthly of balances, recommendations customer can consider Fund will cast, monthly regularly inputs 500 Yuan around, effective assessed contributions thin cost of while can get excess of income.

 

 

Wen Jiabao exce06ive housing prices in some cities is no fundamental change

Dystocia 49 cities or target price regulation will be accountable

Real aeration personnel earthquake the place for the past 14 days are replaced

Cai Chunmei delegate as Chairman of the real book.

Sina finance news on April 2, the real family strife stalemate was broken, and explosive personnel earthquake! According to internal sources, after Cai Chunhong on March 17 after the original Cai Dabiao appointed as Chairman, Chief Executive, just 14 days, yesterday, was not seen for a long time compliance also nominating his elder sister Cai Chunmei CAI as new Chairman of the Board candidates, at the same time abolishing the little sister Cai Chunhong, Chairman of the original nomination.

it is learnt that since the Guangzhou Public Security Bureau on the real individual executives were arrested following investigations into the case of economic crime, former President of Cai Dabiao and its sister Cai Chunmei has been I do not know the whereabouts, but Cai Chunmei yesterday suddenly showed up at company headquarters, and to all executive produced the original copy of a letter of nomination files of targets Choi.

previously reaching of CAI Cai Chunhong appointed as Chairman of the nomination has no official original, while the Cai Chunmei nomination notwithstanding the originals, but could not prove that is reaching Choi signed.

it is understood, confirmed by the Chairman of Sino-foreign joint ventures procedures, to more complex, even if the shareholder has the right of nomination, but still held after the Board of Directors elected, and approval by foreign trade departments to determine their qualification in conformity with the law, after the last change of business registration in order to become Chairman.

in fact, Cai Chunhong was nominated after taking office in March, had no real power in his hand, State Office are monitored throughout the day. Cai Chunhong publicly disclosed, Pan Yuhai and others have taken away the company's country/organization code certificate, and land tax registration, and other important documents, and a few days ago, kept company seal, financial seal and two safes have lost some important files.

it is learned that compliance has been Zhongshan joint ventures by Choi, increasing real 3% holdings shares for himself, which he shares of the total is more than Pan Yuhai, as the real's biggest shareholder, and Pan Yuhai is planning to compliance arrangements by the Manager of CAI Jing Feng tuxiaoxiang, human resources Manager II suspension.

Executive infighting while lower and in real employees and not idle. It is understood that the day before yesterday, real 27 senior management staff have conducted joint signature, accuses now actually manipulate Pan Yuhai, head of corporate management interfere with the normal operation of the company management company of a party in crisis.

current real executives, there are still three people are still detained to assist investigations, they are Hong Rengang, President, Chief Financial Officer and Vice Secretary Thinthi of targets and Choi Yan. (Xu Wen from Shanghai)

Hundreds of retailers has been rising price of cosmetic giants such as Procter and verbal notice

Guard career three fatal trap arrogant dictatorship of perfectionism

everyone in the workplace were more or less have this pattern, so prior to the success, more need to constantly review their own, regardless of is a senior executive or a grass-roots workers. Somewhat inadvertently, would fall into the employment traps. Following are the three laws the workplace employment traps, if at any time following employment traps preparedness, will in the workplace and ease.

occupational fatal trap 1: of arrogance, dictatorship, perfect

they are unrealistic, finding a job, not leading enterprises from talk or traders launch boutique. Into large enterprises, most of them volunteered, requires responsible work than their own. Results task is not completed, will not stop the swing, but want to use a higher degree of merit to make up for commitments, results into often defeated General.

this people also like to be in the limelight, in a stable social or business they always stand soon, lest no one take care of him. To hide the inner weakness. Such people always request her hero, also set strict demands on others to live up to his standards. On the job, and they require their own subordinate “ more, faster, better ”. The result, subordinates were washed up by dragging, “ jumped ship to survive ”, leaving to others more tired.

their words and deeds or tough, mercilessly, just as a bulldozer, where a block the way, be levelled. As the rampage, offensive too strong, not knowing how to bypass techniques, the results may hurt their career.

they even pretend to work, his mouth like say: “ this work really boring. &Amp;rdquo; but they are really feeling inside: “ any work I do well. &Amp;rdquo; they want young are successful, but they do not like to study, to seek help or advice, because it would be thought they “ is not up to ”, so they had to put to understand.

career trap 2: escape, pessimistic, depression

this people smart, ads, but once was promoted instead of no-confidence, feel incompetent. Their core belief is &ldquo I good enough ”, especially when there are setbacks and challenges, their self destruction and self limiting negative ideas prevailed.

they may be typical of pessimism, begin to cross. Before proceeding to take action, he would imagine all the negative results, was worried. This person, and will he delay, wait. Because pay too much shame, even worried that subordinates will have opinions, let him look bad.

then they would feel that they lose their career direction. &Amp;ldquo I take exactly right? ” feel that their role and dinner, keep pace with the others, nor a sense of belonging.

their another extreme is the unconditional hedge. They who are in charge, should have to subordinate argued, in order to avoid conflict, may be subordinate or other flat. In order to maintain peace, their repressed feelings, they seriously lacking in the face of conflict, conflict resolution capacity. In the end, the incompetent performance of the solution to the conflict, even threatening marriage, parenting, hand and foot and friendship relations.

employment traps 3: black and white, and mechanical

this person in the eyes of the world black and white. They believe that everything should be the same as with standard answer examination, objective assessment of advantages and disadvantages. They always feel defending the faith, adhere to the principles. However, these principles, others may not entirely agree. The result, this person is always alone, often defeat.

this person is rigid and no knowledge of human nature, it is difficult to understand the fears, emotions such as love and compassion, anger, greed. When they call in, usually without even greeting, better get down directly, lack of care from the capacity, they want to emotional factors excluded from the decision-making process.

Surrogate Shing sunrise industry from the bar girls to a master's in short supply

Department of environmental protection Bell companies must as soon as po59ible because the United States environmental protection verification

Foreign investors aggre57ively bought the ROK unit record high number of Korean KOSPI index

United States, said the United States expect to overtake Germany as the world's largest exporter

World Wide Web Reporter Li zongze reported, according to United Kingdom, Reuters, March 31, United States Import Bank Chairman Hochberg 31st at its annual meeting of the Bank, said the United States Government should behave more &ldquo in export financing initiative ”, with a view to more than China and Germany, as the world's largest exporter.

Hochberg said: &ldquo we (United States) is the world's number one producer. But in the area of exports, we only came in China and Germany later. This is unacceptable. &Amp;rdquo; in addition, he also declared that “ in many large United States enterprises are facing unfair competition from other countries export sector. &Amp;rdquo; in China businesses, Hochberg said, the Chinese Government at a low price advantage to help the Chinese manufacturer exporting goods.

reports that United States President Barack Obama established last year to United States export target of doubling. In the objective, United States export proceeds should obtain more than $ 3 trillion in 2015.

Guo Zhichun why young Chinese enthusiastic leader

Stock market move opening of the national firm stock market contest

Shanghai house price control target House prices have not risen GDP growth

zhongxinwang, March 28 zhongxinwang real estate channel learned from the official website of the Shanghai Municipal Government, Shanghai announced today the city's 2011 new housing price control target, new housing price gains this year need lower than the city's annual gross domestic product and level of growth in per capita disposable income of urban and rural residents.

the protection of housing, publish notice of the General Office of Shanghai Municipal Government also submits that the new security housing area is higher than the commodity housing area, residents of housing security level is significantly improved.

notification requires all County and all relevant departments should strengthen their coordination and implementation measures, focus on perfecting “ four in one ” the housing security system, and gradually resolve residents ' housing difficulties, ensure the completion of the above objectives. To adhere to the living, a consumer-oriented, to the ordinary commodity housing as the main principle, strengthening the regulation of real estate market and effectively curb speculative buying of investment, increase the intensity of security housing construction to meet the reasonable housing needs of residents and further promote the stable and healthy development of real estate market.

Audit Co29i04ion investigating and handling billions of bidding violations related to West East gas transmi04ion project

the Audit Commission has recently published four audit reports appear in a row, double tracking project of West-East gas transmission project, the 10 provinces in the East part of the airport construction project, the Beijing-Shanghai high speed railway construction projects and 10 provinces (municipalities) to expand domestic demand on investment project bidding irregularities occurred in varying degrees, according to a rough statistics, the project on project bidding irregularities involving funds have already billions of Yuan.

3 23rd, the Audit Commission published a “ 2010 Beijing-Shanghai high speed railway construction project tracking audit results ” 9th this year, the audit report. Report finds that Nanjing dashengguan Changjiang River Bridge engineering construction and supervision 1, Nanjing South railway station emergency items such as civil engineering and management 1 standard advanced bidding and tendering of construction following irregularities, involving contract amount of $ 4.446 billion.

not only that, but companies in Qufu East to Beijing, Shanghai, Changzhou North in iron station building in project bidding and construction engineering Group Ltd, China railway construction Group Ltd 2 station building decoration engineering contracts Enterprise 6, exclusion of potential bidders, involving an amount of $ 490 million.

shortly afterwards, the Audit Commission also released the “10 province, March 25 (City) construction management of investment projects and the use of funds to expand domestic demand audit findings ” 10th this year, the audit report. Report said, after on Jilin, and Hunan, and Hainan, and Sichuan, and Guizhou, and Shaanxi, and Nanjing, and Dalian, and Ningbo, and Qingdao 10 province (City) of expanded domestic demand investment project construction management and funds using situation for audit investigation found, total 35 a project construction of units violation infrastructure program, which 31 a is responsible for Central investment project construction of units, and one local government investment project construction of units violation enrollment tender provisions; 4 a central investment project implementation units, and one local government investment project implementation units exists illegal subcontracting or violations min package problem.

zhiqian of on February 1 and on February 24, Audit Commission also respectively announced has West gas East lost second-line engineering East paragraph, and domestic 10 provinces city part airport construction situation of audit investigation results, report think, West gas East lost second-line engineering East paragraph has 45.100 million Yuan engineering construction enrollment tender not Board, including will contract amount 5.1.8 billion yuan of 23 a project without tender violations directly contract, will contract amount 3.983 billion yuan of 73 a project human split min standard paragraph, and violations determine and adjustment bid people,; and domestic 23 a airport project of 359 Item contract (accounted for checks contract new definitions today, 1817 item of 19.7%), exists is not open tender, violation enrollment tender program of problem, involved amount 1.938 billion yuan.

roughly by journalists, get rid of “10 province (City) construction management of investment projects and the use of funds to expand domestic demand audit findings ” outside the audit report did not give details of, the Audit Commission's other three audit reports show, these violations of the bidding project involves funds of over billion dollars.

experts believe that bidding is always appears in the field of engineering construction violations largely man-made factors. In the current bid management system in China, on the bidding activities of administrative control by multiple departments. This pattern of multisectoral management, causing the bulls management is difficult to avoid abuses in the construction engineering bidding disjointed and sector segmentation problems, forming trade monopolies, which provides an opportunity for power rent on the objective. In addition, the building, now head of the transport sector, while head of the engineering construction company President, and some are still against the “ &rdquo the bid Committee and Director Leonard. This sets “ ' ” and “ referee ” in one of the special status, under the great temptation of interest, depending on the rules of nature such as like an old shoe.

thus, Institute of Economics, Chinese Academy of social sciences researcher Jin Wen made the play, the fundamental way to solve this defect is market-oriented, allow private capital to enter. BOC bid Association Director Zhao Cenghai law firm Director, China believes that penalties for the offence is tough enough to causes bidding another important cause of the prevalence of violations.

Zhao Cenghai said that the collusive tendering action illegal and low cost make law-breakers unbridled. For example, article No. 223 of the criminal code: bidder collusion bidding, harm the tenderer or the interests of the other bidders, in serious cases, 3 years of imprisonment or criminal detention and or fines. String even if it was found that as long as the plot is not particularly serious, under normal circumstances penalties are not severe.

reporter also in this four copies audit report in the found, on participation violations enrollment tender of units and personnel of punishment efforts and not, for example, on in Beijing Shanghai high iron project in the exists series standard behavior of Beijing Shanghai company and no to out specific of punishment provisions, just requirements in future of enrollment tender work in the strictly do law close Board; on exists is not open tender, violation enrollment tender program of domestic 23 a airport project, Audit Commission report only mentioned about local Government will by verification results law held related responsibility personnel of responsibility, on therefore and lost has fair commercial opportunities of is not bid enterprise is no any saying; and on violation enrollment tender provisions, and exists illegal subcontracting or violations min package problem of 10 province (City) expanded domestic demand investment project, related local government, and competent sector also just take has on project owners units for punishment and obliges project owners units strengthening project management, rectification and reform measures.

Fu Yong-journalists in BeijingReport

Tokyo electric power and not nationalization is rumor

12 next page

"more financial picture, please click on the"

as Japan nuclear leak continued deterioration Tokyo electric power company (East)-nationalisation rumored flush again. According to Japan the Yomiuri Shimbun reported on 29th, Japan temporary nationalization of the Government is studying the Tokyo electric power company plans and burden of Fukushima first nuclear spill compensation.

in this regard, Japan's Chief graft wild men and the morning of 29th emergency “ rumor ”, does not consider East nationalisation. Japan Prime Minister Naoto's spokesman also said East nationalisation is not on the agenda, the Government is discussing with the East its debt problems.

payment amount will be “ sky-high ”

from the effects of the Yomiuri Shimbun news, orient power company stocks fell again on 29th stop. Japan earthquake since the company's stock has fallen about 75%.

Tokyo electric power company market survival prospects worrisome, because it is unclear how much Tokyo Electric to pay compensation, coupled with the power station outside of &ldquo found trace amounts of highly toxic radioactive substances in the soil; plutonium ”.

Japan Prime Minister Naoto Kan said on 29th, Japan is facing the biggest crisis ever, nuclear power plants is currently the situation is still difficult to predict. It's more worrying the final claim amount of resolving the nuclear crisis will be sky-high.

a senior executive at East, compensation “ ” more than 120 billion yen ——— under government regulations, Japan Government to provide insurance for 120 billion yen.

Japan of atomic force damage compensation method under provisions, nuclear accident of compensation responsibility, by nuclear power plant itself bear, if is by earthquake or tsunami caused of accident, is Japan Government will bear highest 120 billion yen of compensation responsibility, and by “ social dynamic mess ” or “ exception of huge disaster ” caused of accident, nuclear power plant can exemption, by Government bear all compensation.

however, the exceptions, not once have applied so far.

East-facing high costs include: need to clean up the damage and pollution of nuclear power plants, restore the loss of power supply, and compensation for residents and businesses affected by the nuclear leaks. huge compensation under more than affordability or from the Tokyo Stock Exchange, >>>

cleanup and off nuclear reactors will also be costly, Tung is expected to be used as reserve for future power plant closes the setting aside of 510 billion yen. It will have to pay to make up for the loss of Fukushima's power generation capacity. East of another nuclear power plant in an earthquake in July 2007, was forced to close, forcing the company had to purchase other fuel, causing the fuel Bill exceeds the budget of 420 billion yen.

according to Japan's Kyodo News Agency reported that Tokyo electric power company faces third-party liability for damages of us $ 1.5 billion. Because mainly people from 19 km evacuation zone around the nuclear power plant for farmers, as well as other victims, evacuation areas claimed.

in addition, East must redeem the bonds, worth about 570 billion yen this year, but Chief credit analyst at BNP Paribas in Tokyo m anaN akazora estimates, in addition to the redemption cost, it may still have to bear the additional expenditure of up to $ 3.69 trillion yen.

Four Senior Vice President of Sinopec salary 34% shareholder dividend 5 year 72 billion