asia, china, global economy, hong kong stock exchange, stock exchanges
The Hong Kong Stock Market (Hong Kong Exchanges and Clearing Limited, or HKEx) has never had easy pickings! The territory has always functioned as a satellite of a major power, and this continues to be the case. However, adversity has built the Hong Kong stock market character, and it thrives through sheer excellence in its investing and trading conditions. It specializes in international trade, and has had a special eye on the Chinese mainland even when it was under British rule. The amazing growth of the Chinese economy has outpaced financial and market reforms in the nation. The Hong...
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dow jones, europe, eurozone, global economy, investors, wall street
Europe's leaders gathered in Brussels over the weekend to discuss the region's crisis, and with a formal announcement expected to be made on Wednesday, investors are very hopeful that a resolution to the escalating problems in Eurozone economies will be found. While pointing out that the circumstances currently facing Europe are unprecedented, Germany's Chancellor, Angela Merkel, noted that progress had been made, referring to working through the region's problems as a "painful process". In the weeks leading up to the summit, French President Nicolas Sarkozy and the German Chancellor appeared to differ of how...
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dow jones, economists, euro, eurozone, global economy, nasdaq, wall street
As Wall Street enters the final quarter of 2011, investors need to come to grips with some of the fears that drove stocks down on Friday, ending what has been declared as the worst quarter since the beginning of the financial crisis. The Dow Jones industrial average dropped 240 points to close at 10,913, the S&P 500 fell by 30 points to close at 1,131, while the Nasdaq Composite slid 65 points to close at 2,415 – recording declines of 2.1 percent, 2.5 percent and 2.6 percent respectively. For the Dow it was...
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canada, economy, global economy, oecd, united states
With its headquarters in Paris, France, the Organization for Economic Cooperation and Development (OECD) has a membership consisting of thirty-three nations, working together to find solutions to common problems. As outlined in their mission statement, the "OECD brings together the governments of countries committed to democracy and the market economy from around the world to: support sustainable economic growth; boost employment; raise living standards; maintain financial stability; assist economic development in other countries; and contribute to growth in world trade." To this end the OECD provides a platform for representatives of member governments to co-operate...
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financial simulator, global economy, portfolio, trading, united states, wall street
Few would disagree that being a stock market player must be one of the most stressful, but also the most exciting, career paths to follow – especially in light of the global financial turmoil over the past two years or so. Have you ever wondered what it must feel like to win, or lose, a fortune as a result of a single decision? Or if slow and steady is your way, how would you best go about building up a comfy nest-egg by investing in the stock market? Before you leap into the world of...
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china, europe, global economy, imf, international monetary fund
In its global growth forecast released today, the International Monetary Fund (IMF) raised its expectations for growth from its April forecast of 4.2 percent to 4.6 percent, noting that this was a reflection of stronger activity in the first two quarters of 2010, and was in anticipation of fiscal measures being put into place by authorities, particularly in Europe. The IMF expressed confidence that, despite the European debt crisis that continues to cause turbulence and increase potential risk, the forecast of 4.6 percent global economic growth is a realistic one.
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economy, global economy, investors, new york, us markets, wall street
As a new week starts, with the month of June already half-way through, analysts believe that US markets will face some tough challenges as investors remain cautious about the state of the global economy and its spin-off effect on US markets. On the home front, a number of economic reports are due through the week, and investors are mindful of the fact that the end of the second quarter of 2010 is fast approaching. Also under consideration, is the appeal by President Barack Obama to congressional leaders to...
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fdic, global economy, investment, social responsibility
Operating under the name of NeighborWorks America, the Neighborhood Reinvestment Corporation is a non-profit, congressionally chartered organization dedicated to its mission of "revitalizing older urban neighborhoods by mobilizing public, private and community resources at the neighborhood level." It is generally agreed that strong and stable communities are the backbone of a country, and in light of the ongoing turmoil of the global economy which has resulted in many job losses, communities need all the help they can get from individuals and authorities in a position to extend meaningful assistance.
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