July 3rd, 2010

You can start a business from a job you have ever done. Work is a regular activity that is usually paid for with money. Reuben Mattus start a business from a job as a child. He arrived in the United States from Poland in 1921. At that time eight years old and with her mother who was a widow. To earn money, mother Mattus sold lemon ice from a squeezed lemon and Mattus helped. In 1932, he founded the company in Bronxdengan Senator Frozen Products’ money. and in the late 1950s to build Ciro’s ice cream company that marketed through grocery stores and liquor stores. Then he had the idea to enter into supermarkets, but supermarkets do not ask for incentives that can be met by Ciro.s. Mattus not easily discouraged, then it creates a brand of luxury ice cream made from real fruit, natural ingredients and are marketed through the imaginative use of the name smells Danish “Haagen-Dazs” as the perfect way to differentiate a brand new with its competitors.
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Tags: business, strategy
Posted in Business | 4 Comments »
June 20th, 2010

China’s government said it would change the strategy of investing in foreign currency reserves which now reach 2.5 trillion U.S. dollars.
State Foreign Exchange Administration Bureau (SAFE) does not give any explanation to such exchange will be allocated. Government of China has not confirmed will change the type of asset allocation and currency to be used.
Previously, the Government of China had announced that their investments in Europe a key market for the fund is currently investing their wealth. The economists estimate, China invested 65 percent-70 percent of their funds in the form of United States dollars, while 20 percent-25 percent of the rest in euros.
“China will adopt a prudent and active principles in managing their wealth,” SAFE said in his statement on the website.
Description is made when Foreign Minister Qin Gang said that the government need not be too worried about the debt they hold. The statement is a comment on the statement made by the U.S. Senate, who asked Obama and his cabinet to check and manage the risks of U.S. foreign debt.
“It should not be politicized,” said Qin. He affirmed that anyone who sells bonds must comply with prevailing market
Tags: currency, investment, strategy
Posted in Economy | 11 Comments »
June 14th, 2010

Dow Jones: U.S. stock market recovered, the S & P 500 reached the highest increase in two weeks linked to reports from China, Japan, and Australia, which reported increased optimism on the global financial crisis. Shares of Caterpillar, the largest construction equipment manufacturer in the world, rose by 5.5 percent. Meanwhile, shares of Alcoa, the world’s largest aluminum producer, rose 4.2 percent. BP shares rose by 12 percent, the most since October 2008. S & P rose 3% to 1,086.84 with details of 496 stocks rose. Dow Jones Industrial Average rose 273.28 points, or 2.8 percent to 10,172.53 level.
Regional Morning: Asian stock markets rose for two consecutive days with increasing interest of investors toward riskier assets amid speculation that the European debt crisis will not hamper economic growth. Canon Inc., Which acquired 31% of sales from Europe, up 2.2% in Tokyo after the European Central Bank raised growth forecasts for the euro area this year. Samsung Electronics Co. (+2.5%) in Seoul. BHP Billiton Ltd. (+2.2%) After the strengthening of metals and oil prices. Nikkei (+1.9%) 9.719 KOSPI (+1.66%) 1.679 S & P / ASX 200 (+1.4%) 4.495 STI (+0.9%) 2803
Commodity: Crude oil prices surged to its highest level in the past four weeks following the increase in equity markets after economic reports from China, Japan and Australia, indicating the strengthening of global economic recovery. Oil prices rose 5.7% in the last three days because of higher export figures of China in the highest level in six years and Japan’s economic growth in the fastest pace in the second quarter 2009 in a period of three months to March. The Dow Jones Industrial Average rose 2.8% and the euro exchange rate also rose for the third day WTI Crude -0.1% (75.4 U.S. dollars / barrel), Gold 100 +0.3% (EUR 1.220 / t oz), CPO -0.5% ( RM 2.532 / MT), Nickel -1.7% (USD 18.945 / MT), Tin +2.0% (EUR 16.650 / MT).
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Tags: eTrading
Posted in Business, Stock Exchange | 2 Comments »
June 13th, 2010

Amount expected to be stronger in today’s trading. This is due to positive investor sentiment positive towards the regional market investors, which last night dow jones share price rose 200 points recorded.
“Plus the euro is starting to strengthen against the US $ from 1.9 to 1.21 to make the position fueled rupiah would come up,” says Head of Research and Futures analyst PT Monex Investindo to okezone Johannes Ginting, Friday (06/11/2010).
According to him, strengthening the rupiah is still very dependent on the latest situation in the European crisis and if you see two days before a positive increase on the opening day of this amount tends to a positive direction.
“Rupiah is expected to strengthen to a level between Rp9.150-9180 per US $,” he explained
But it was likely to weaken rupiah will return to the level of Rp9.300 per US $. This is due to negative sentiments from the European crisis.
In trading yesterday, the rupiah closed victorious and not affected by the weakening of the Composite Stock Price Index (CSPI).
Based on data from yahoo finance, the rupiah was trading on Thursday (10/6/2010) closed at Rp9.232 level, five after previous open Rp9.252 level, 5 per US $.
Meanwhile, according to data rates when the central Bank Indonesia (BI) rupiah closed at the level Rp9.250 per US $. The strengthening of world oil prices at USD74 per barrel level to be one trigger of the strengthening rupiah.
Tags: currency, money, trading
Posted in Money | 3 Comments »
June 12th, 2010

Stocks on Wall Street reversed course as well as its best record in the last nine days. Ease European concerns over the crisis and improving energy stocks make stock index rebounds sharply on Wall Street.
In trading Thursday (10/06/2010), the Dow Jones index closed sharply higher to 273.28 points (2.76%) to the level of 10172.53. Index Standard & Poor’s 500 climbed 31.15 points (2.95%) to a level of 1086.84 and the Nasdaq gained 59.86 points (2.77%) to a level of 2218.71.
Energy sector shares led the strengthening of the S & P energy index rose 4.9% was recorded. Shares of British oil company, BP Plc, which had slumped sharply finally rebounded 12.3%, Exxon Mobil rose 3.10%.
Energy stocks are also driven by rising crude oil prices to above U.S. $ 75 per barrel. Light, sweet crude oil contract rose 1.5% to a record level of U.S. $ 75.48 per barrel.
The positive sentiment came from Europe namely after Spain was able to sell bonds worth U.S. $ 3.9 billion euro, with investor interest that looks large enough to be a positive sign. This makes the euro’s position improved to 1.2% and traded above 1.21 dollars.
Good news also came from China which recorded an increase in exports up 50% during May compared to last year. It assuage investor fears the crisis will impact Europe to the global growth.
“Bid bond running good and strong Spanish China exports very profitable. You get some good news for some big stocks driving the market,” said Brian Lazorishak, Chase Investment Counsel’s portfolio manager, as quoted from Reuters, Friday (11/06/2010).
But trade is not running too busy with transactions in the New York Stock Exchange reached 9.16 billion shares, below average last year reached 9.65 billion.
Tags: stocks
Posted in Economy, Stock Exchange | 2 Comments »