Business & Investment
Wall Street Drove in First Week of 2012
Stocks on Wall Street rise recorded in the first week of 2012. Although shaken by the news that the unemployment rate United States (U.S.) reached the lowest in three years.
Noted, the Dow rose 1.2 percent, the S & P rose 1.6 percent, and the Nasdaq soared 2.7 percent for the week. The gain is largely contributed by each sector is growing.
Quoted by Reuters on Saturday (01/07/2012), on Friday, the Dow Jones industrial average fell 55.78 points, or 0.45 percent to 12359.92. While the S & P 500 lost 3.25 points, or 0.25 percent to 1277.81. And the Nasdaq Composite rose 4.36 points, or 0.16 percent to 2674.22 position.
Signs of economic recovery to be subject to U.S. capital markets at the beginning of this year. The stock market was moving quickly from just a lingering worry and think about the debt crisis facing the euro zone.
“The news coming out of Europe negative throughout the week, and we will finish it. I think it’s real good performance,” said Jack De Gan, chief investment officer at Harbor Advisory Corp. in Portsmouth, New Hampshire. › Continue reading
The Fed Release Interest Rate Predictions
Central Bank of the United States (U.S.) Federal Reserve or the Fed will publish interest rate forecasts on a regular basis in an effort to increase transparency at the agency.
This policy will allow financial market participants and the public get more detailed information about the indication the Fed will create a new interest rate policy in the next few years. Fed Governor Ben Bernanke said the move was a very important milestone in promoting greater transparency of policy, pushing the economy into a better direction, and aligning the market.
As quoted by AFP, the Fed Board of Governors meeting of December 13 last, the banking authority of uncle Sam has decided to enter information about the projection of monetary policy in the Summary of Economic Projections (SEP), which began in early January.
The Fed has set interest rates from 0 to 0.25 percent since December 2008 and has been buying bonds amounting to $ 2, 3 trillion in an effort meningkatkanpertumbuhanekonomi.
In a statement after the meeting the board of governors, the Fed kept interest rates low diperkirkan now at least until mid-2013. The decisions made by the Federal Open Market Committee (Federal Open Market Comitte / FOMC), the Fed is expected to improve communication and be the first step in a reshuffle that has been eagerly awaited by some Fed officials. › Continue reading
Recently Second Day, Wall Street’s Not Pumped Up
Shares in the United States (U.S.) barely budged. Investors could indeed benefit from trade opening, but it is not long.
Strong sales in December have helped the auto sector and auto shops have a big advantage. Banks, health care companies, and utilities edged down and Netflix jumped after the first good news.
Citing AP, in trading Wednesday (01/04/2012) local time, the Dow Jones closed up 21.04 points, or thin 0.27 percent to as low as 12418.42. The Dow opened this year with 180 points profit, which is the highest level since July.
The broader Standard & Poor’s 500 stagnant 0.24 points, or 0.02 percent to a level of 1277.30 and the Nasdaq fell 0.36 points, or 0.01 percent to a level of 2648.36.
Retail industry shares rose 0.8 percent, the effect of post-Christmas sales after a strong 5.3 percent, better than the previous year. Bed Bath & Beyond Inc. rose 1.8 percent, and store discount clothing seller Ross Stores Inc., up 0.7 percent. › Continue reading
Wall Street Tantalize, The Higher Public Spending
Economic reports have pushed stocks on Wall Street rose. The Dow Jones Industrial Average rose 61 points. With this rise, the Dow Jones recorded a third consecutive increase.
In addition, the number of people filing for unemployment benefits in the United States (U.S.) last week, fell to its lowest level since April 2008. This shows the recovery in employment in the United States.
The Conference Board also reported that U.S. economic activity in the future will experience a great improvement compared to previously. This indicates that the U.S. economy recovers more quickly and the risk of recession has faded.
The result is the Dow Jones Industrial Average rose 61.91 points, or 0.51 percent to close at 12169.65. Dow has risen 409 points over the last three days. Bank of America Corp. rose 4.6 percent to $ 5, 47 and highest among the 30 stocks in the Dow. The S & P 500 rose 10.28 points, or 0.83 percent to 1254. The Nasdaq rose 21.48, or 0.83 percent to 2599.45. › Continue reading
Oracle Hit Nasdaq, Dow Jones Just Up Light
Listed technology stocks pushed the Nasdaq composite index declined so that fell one percent after Oracle reported results are dubious health sector performance.
However, the market recovered from early losses recorded this week because of some concern in Europe began to fade. Traders try to build momentum a year-end rally.
Quoted by Reuters on Thursday (12/22/2011), Dow Jones Industrial Average rose 4.16 points, or 0.03 percent to 12107.74. While Standard & Poor’s 500 Index rose 2.42 points, or 0.19 percent to 1243.72. And the Nasdaq Composite Index fell 25.76 points, or 0.99 percent, to 2577.97.
Known, the Nasdaq tergerusnya one of them caused the company Oracle Corp. reported earnings and sales that are not as expected for the first time in a decade. › Continue reading
Black & White A Business
In connection with the advancement of information technology, business is now even more various kinds because of the spread of western ideas that promote materialism make the mindset of people today only think of money as a reference value of a life. Because the idea is already destroying people and certainly Indonesia Jakarta as a soft target Western missionaries who want to advance and destroy the Asian countries with a very fundamental depravation in changing the thinking of a nation.
One business that puts money as the main target and has made many people uneasy in Indonesia is a multi-level marketing because the average has been traumatized by the business, although in fact the person is not involved in the business because it is very cruel in the eyes of many people. When viewed from the standpoint of the product, all the Muti-Level Marketing each have a good product on the market and if we are only to consume the product we will not feel harmed. But what makes people hesitate with the first Multi Level Marketing is in terms of companies that only have permission APLI (direct selling association of Indonesia) where the license is less strong for hard evidence and can not be guaranteed for its members and that makes people somewhat disgusted is the system is beneficial owners like the game ranking above only benefit the member, whereas catch-chasing ratings like elementary school kids who just like the buffalo that spurred her nose pierced. › Continue reading
Asia Petrocom Reach U.S. $ 50 Million Loan From BNI
PT Bank Negara Indonesia Tbk to channel funding worth U.S. $ 50 million to PT Asia Petrocom Services, the provider of oil drilling equipment and gas.
Krishna Suparto, BNI Director of Business Banking said, funding is intended to work on an integrated drilling project (Integrated Project Management / IPM) worth U.S. $ 60.35 million between Asia
Petrocom Services with Joint Operating Body (JOB) Pertamina-Medco E & P Tomori Sulawesi.
“From the value of the contract, which comes from our financing of U.S. $ 50 million. The project will take place in and Morowali Banggai regency, Central Sulawesi, “he told reporters on the sidelines of the event
signing a memorandum of understanding with PT Asia Petrocom Services, today. › Continue reading
Qatar Reluctant to Sell LNG to Pertamina
Scoping import liquefied natural gas or LNG (liquefied natural gas) is carried out of the Qatar-PT Pertamina to supply floating storage regasification unit (FSRU) in the domestic-slow.
Pertamina Gas SVP Nanang Untung said Qatar does not seem so keen to sell its LNG to Indonesia.
“Progress was very slow because they are not very interested. Also because of its distance, they estimate not as attractive when selling LNG to Japan,” he said when contacted by Business Today.
Nanang said Japan was hit by the current nuclear crisis that LNG becomes a very strategic commodity there. According to him, can enjoy the Qatar LNG prices in Japan to more than U.S. $ 14 per MMBTU, while Indonesia wanted a price of around U.S. $ 11 per MMBTU, the same as the price obtained for the FSRU Nusantara Regas from Bontang West Java, East Kalimantan.
“Until now there has been no deal with Qatar. We continue to explore and have created an umbrella agreement. Qatar had visited Central Java, but we still do not get supplies for the long term. The possibility of short-term 5 years old,” he said. › Continue reading
Import Quota Not Applied to Horticulture
The government will not restrict imports of horticulture with the quota, but only tighten through the door entry and import risk analysis on the country of origin.
Minister of Agriculture Suswono explain the import of fruit and vegetables will not be given a quota, but tightened through quarantine inspection. Tightening of horticultural imports, he said, will be followed by a regulation from the Ministry of Commerce.
“Some of the products in the category [import limited], tightened up in the Quarantine. There is no reason to stop [imported horticulture], because it is tied to free trade,” he said, today.
According to him, the Ministry of Agriculture will provide recommendations only vegetable and fruit imports. There are several fruit and vegetable products that are restricted imports as well as products that tightened in Quarantine. However, it is no reason to stop imports of horticultural products, because it is bound by the provisions of free trade. › Continue reading