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Automotive
How To Save up to 97% On Your Next Used Car!
Business
Yen Hurts Japan’s Exporters
SINGAPORE — Asian stock markets were broadly lower on Monday with exporter shares dragged down in Tokyo by a stronger yen. Overall sentiment was cautious with base metals and crude oil prices dropping and investors buying the safe-haven U.S. dollar. “Market timing is essential for investors still concerned about a correction in growth trends, which would lead to an adjustment in pricing of risk,” said analysts at UBS. Japan’s Nikkei 225 was down 2.5%, Australia’s S&P/ASX 200 down 1.2% and South Korea’s Kospi Composite was off 0.8%. Hong Kong’s Hang Seng Index was down 0.9% while China’s Shanghai Composite index…
Business
Oil drops 1.2 pct towards $68 as dollar bounces
TOKYO (Reuters) – Oil fell more than a dollar toward $68 a barrel on Monday as a rebound in the beaten-down U.S. dollar and nagging concerns that prices may have run ahead of market fundamentals extended last week’s late sell-off. The U.S. currency rallied sharply against a basket of currencies as investors covered short positions following last week’s slide of 2 percent to its lowest in a year, fuelled by funds flowing into riskier assets such as stocks and commodities and a drop in U.S. Treasury yields. The dollar’s reversal on Monday sent U.S. crude for October delivery tumbling…
Business
ANALYSIS – Easy money fuels all markets, but not forever
NEW YORK (Reuters) – General investment theory holds that investors should diversify, buying one asset class on expectations of profit as they avoid others on fears of a loss for any given set of economic circumstances. But with gold at 18-month highs, U.S. stocks rising off recessionary lows and a rally in U.S. bonds sending yields on some debt to the lowest since July, the investment climate is anything but typical. The worst global economic contraction in decades prompted low interest rates around the world and central banks, including the U.S. Federal Reserve, to take the extraordinary precaution of…
Business
Rupee falls as stocks unwind; dlr watched
MUMBAI (Reuters) – The rupee dropped on Monday in tandem with lower stock markets, which could slow down foreign inflows, and a stronger dollar overseas. At 10:57 a.m. (0527 GMT), the partially convertible rupee was at 48.68/69 per dollar, 0.4 percent weaker than its previous close of 48.48/49. It had risen 0.9 percent last week. “It is the same old story — stocks are down, so the rupee has also weakened,” said Ashtosh Raina, head of foreign exchange trading at HDFC Bank. He expected the day’s range at 48.50-48.80. Shares dropped 0.9 percent early as weak Asian markets encouraged…
Business
Hong Kong govt focuses on quick results
The current global financial crisis has not deterred governments such as Hong Kong from investing in technology innovations that deliver results to its citizens. Questex publication Enterprise Innovation talks with Hong Kong government CIO Jeremy Godfrey to find out the key priorities within the next few months. Enterprise Innovation: There has been talk of economies bottoming out. But if the worst is over does your focus or key priorities within government shift at all? Jeremy Godfrey: I don’t think that anything has happened in the last two months to significantly change the way we view things. It’s great there are…
Facebook
Slide Announces $500,000+ Sponsorship From Hot Pockets
Today Slide is announcing the launch of season two of KatalystHQ within their FunSpace Facebook application and with it, a $500,000+ sponsorship by NESTLÉ® HOT POCKETS®. Recently the company claimed that they has laid off a large portion of their sales staff in order to focus “its attention on building a team that will focus on higher-end campaigns, ones in the $500,000 category range.” (Source: GigaOm) Many large developers that I spoke with laughed at the concept, asking “Are there really that many $500,000 plus sponsorships?” Apparently so.
This is the first big sponsorship deal that we’ve heard of from…
Forex
Australian Dollar – New Highs For The Year
The Australian Dollar broke out of its recent consolidation establishing a new high for the year. The Australian Dollar is one of the strongest currencies over the past few months and is clearly in a strong uptrend.
Automotive
Selling Your Car , Truck Or S.U.V. – Getting It Ready For Sale
It’s come time to sell your car. Perhaps you have purchased a new car and the trade in wasn’t enough? Perhaps you have bought a car privately and thus have an extra car to sell. Or lastly perhaps you just want to sell your car – either you want the cash or figure that you do not use the vehicle enough to justify the costs and charges of automobile ownership. Before you sell your car you want to present it in the best possible condition – in order to complete a sale to a purchaser, speed up the whole process…
Finance
Beginner’s Overview of Foreign Currency Exchange
Foreign currency exchange trading can be very rewarding, but can also be very intimidating to a beginner. To get started, you will need to know some basics:
1. What is foreign currency exchange?
2. How is it traded?
3. What are the benefits?
4. What are the risks?
5. How can I get started?
What is Foreign Currency Exchange?
The Foreign currency exchange (FOREX) market is a cash (or “spot”) market for currency. Unlike the stock exchange, the FOREX market is not located on a trading floor or centralized on an exchange. Instead, it is entirely electronic within a network…
Facebook
Facebook Search Now Comes With A Little More Bing
Facebook has been beta testing its new search since June 16th and more recently the company began displaying search engine result pages (SERPs) that have a greater emphasis on Bing results. While many of you are looking for a little more bling to add to your attire, Facebook thinks that for the time being you’ll be satisfied with a little more Bing. The Bing results used to be displayed primarily in the “Sponsored Results” area but now they have their own section of the results page.
So how significant of a change is this? Very big (I’m currently holding my…
Finance
Investments and How to Find Them
No matter what age you are or even your level of employment or economic position, it may be a good idea to start preparing now, even in a meager way, for eventual financial security. Some people feel they need every dollar they make to get by from one paycheck to the next. While this may be true for some, there are others who squander significant sums on insignificant things. They could be socking that money away into an investment account that, over time, could lead to huge savings and a comfortable retirement.
It isn’t hard to get started. All you…
