asia, indonesia stock exchange, investment, market capitalization, stock exchanges
Located in the vibrant city of Jakarta, the Indonesia Stock Exchange (IDX) came about as a result of a merger between the Jakarta Stock Exchange and the Surabaya Stock Exchange. At the end of December 2007, 383 companies were listed with the IDX having a combined market capitalization amounting to $212 billion. While the Indonesia Stock Exchange may be relatively new, the capital market in Indonesia can be traced back to 1912 – the Dutch colonial era of the country – with the exchange being established to promote the interests of the Dutch East India Company. The exchange became...
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company, dividends, dow, earnings, eurozone, investment, nasdaq, wall street
Tuesday saw a sharp drop in US stocks ahead of the EU summit to be held the following day. By Wednesday afternoon investors began gaining confidence that European authorities would agree upon a workable solution to Eurozone woes. Following an uneasy day on Wall Street, all major indexes ended the trading day higher with the S&P 500 moving up 13 points, the Dow Jones industrial average adding 162 points, and the Nasdaq composite climbing 12 points, being 1 percent, 1.4 percent and 0.5 percent respectively. Although...
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business, entrepreneurs, industry, investment, venture capital
The stated primary goals of the National Venture Capital Association (NVCA) are:"Funding Innovation" and "Empowering Entrepreneurs", and while large corporate companies may become bogged down in red tape and bureaucracy, entrepreneurs have a vested interest in productivity and growth, making these fledgling companies a valuable asset in job creation and economic recovery. Venture capitalists identify innovative entrepreneurs and invest in them, giving them the capital, and often the expertise and mentorship, to overcome barriers to entry and establish their business in the sector of their choice. Turning good ideas...
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auto industry, chrysler, ford, general motors, investment, japan
Back in November 2008, US automakers were a hot topic in investment terms, with fear-driven speculation that failure of any of the so-called 'Big Three' automakers – General Motors, Ford and Chrysler – would be devastating to the US job market. By the end of 2008, a glimmer of hope in the form of government bail-outs, offered some relief to workers fearing job losses, and investors breathed a collective sigh of relief. By February 2009, GM and Chrysler were given the task of submitting plans to authorities on how they would utilize government assistance to...
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currency, federal reserve, foreign exchange, investment, united states, us securities
Back in 1933, on the 5th of April, US President Franklin D Roosevelt took an unprecedented step in order to prevent the Federal Reserve's gold holdings from being depleted. The order called for the confiscation, with due compensation, of gold that was owned by private US citizens, in effect forbidding the ownership, or 'hoarding' of gold coins, gold bullion and gold certificates. This move was prompted by the bank panics between late 1930 and into March 1933. At the time deposits formed up to 92 percent of the money in circulation, and with...
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business, economy, education, emerging markets, investment
With the world continuing to shrink into a global village, it is becoming increasingly evident that major economies can no longer thrive in isolation. Investment on a global scale has opened up opportunities to investors that may not have been as easily accessed before. With these new opportunities comes the need for information.
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internet, investment, investors, media, technology, telecommunications
Established in 1997 during what came to be known as the 'dotcom boom', or 'dotcom bubble', the Deloitte Technology Fast 500 Awards highlight the outstanding success of US technology companies in an ever-evolving world of innovation. Run and moderated by renowned professional services provider Deloitte Touche Tohmatsu Limited, more commonly referred to and branded simply as Deloitte, the awards incorporate all areas of technology and include both private and public companies. Participants include everything from internet service providers, through to computer software and hardware providers,...
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companies, google, investment, microsoft, recession, shareholders, united states
In an effort to help the United States to 'climb out of recession', President Barack Obama held a 'CEO Summit' on Wednesday. The meeting, which lasted a number of hours, was attended by the CEOs of twenty companies with significant clout which are reportedly holding cash reserves adding up to around $1 trillion. Topics on the agenda included issues such as education, trade and regulation, with the main focus on getting said cash reserves flowing into the economy primarily through job creation and investment.
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