Archive for the ‘Business’ Category
In electronic trading in Asia today crude oil prices declined for two consecutive days (9.5). Crude oil prices fell again in speculation that the U.S. economy weakened and China. Weakening of the economies of both countries with the largest economy has the potential to cause large drop in demand for commodities including crude oil.
Crude oil prices decreased by 0.9%, a decrease of 2.8% increase that occurred at the close trading weekend. Asian bourses, which fell looked more crude oil price movements. China’s service sector slowed in August.
Crude futures for October delivery declined 77 cents and traded at 85.68 dollars per barrel position. Crude oil prices are the most active contract late last week closed with a record of 2:48 sharp dollar decline (2.8%) in the position of 86.45 dollars per barrel. Read the rest of this entry »
PT Bank DBS Indonesia (DBSI) business recorded revenues of General Trade Services (GTS) rose 20.16 percent to Rp132, 7 billion.
GTS business income by 20.16 percent from Rp110, 47 billion in the first half of 2010 to Rp132, 7 billion in the first half of this year.
He explained, among other achievements are the result of DBS strategy is dotted heavily on maximizing opportunities in the commodities sector.
DBS Trade Clients can enjoy the great benefits of various trade finance products that accommodate the needs of DBS domestic and international calls, including Letters of Credit (L / C), Trust Receipts (TR), Accounts Payable Financing, Structured Trade Financing and Accounts Receivable services financing.
Meanwhile, treasury and markets business is also growing Read the rest of this entry »
Bottled water industry acknowledged still having problems limiting the distribution of goods from the truck entered the toll in the city. On the other hand a week ahead of bottled drinking water demand begins to show signs of improvement.
the moment especially in the first week of fasting and the second makes bottled drinking water demand had dropped. Despite the fall, this month will reach 1.42 billion liters of demand, while last July had reached 1.44 billion liters, while undisturbed moment of fasting.
until recently there was no increase in official prices from the manufacturer. Precisely what happens is speculation the price at the level of agents and retailers make a gallon of bottled drinking water fueled rising prices. This delays the distribution of bottled drinking water as the impact due to restrictions on incoming truck toll in the city.
if the problem of restrictions on trucking on the highway in the city for the truck plus bottled drinking water is still not clear there is no decision of bottled drinking water trucks to operate freely in early September then the bottled drinking water supplies in the market will be constrained. Read the rest of this entry »
Condition of the U.S. stock market again overwhelmed by a massive selloff and fell sharply in late trading weekend. Recession fears push back falling share prices in the United States where the securities trading on Wall Street also suffered great pressure on the last banking day Friday, making the Dow Jones Industrial Average eroded sharply by 1.57 percent.
The Dow fell 172.93 points at 10817.65, while the S & P 500 index bounced 17.12 points (1.50 percent) to 1123.53 points, as well as the Nasdaq fell 38.59 points (1.62 percent) to 2341 , 84.
Concerns economic stability of U.S. and euro zone debt crisis made ??the global stock market capitalization evaporate more than seven trillion dollars since the end of July.
JPMorgan Chase cut its estimate of U.S. gross domestic product growth in the fourth quarter from 2.5 percent to 1.0 percent.
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Crude oil trading for the afternoon today (19 / 
was recorded continuously decreased since the morning. Investors seem increasingly positive expectations put on crude demand as speculation China and the U.S. economic downturn put forward by Morgan Stanley and Citigroup Inc.
Morgan Stanley predicts that China’s economy in the third quarter will decline by 0.2% to 9.1%. While at the same time Deutsche Bank predicts that the European economy will also negatively affected.
Crude oil futures declined by 2 dollars to 80.38 dollars per barrel. Meanwhile, Brent crude declined by 0.6% to 106.37 dollars per barrel.
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Gold prices continue to rise would not reduce demand for precious metals, especially from key markets, namely China and India. During the second quarter of 2011, world gold demand has decreased over the high price.
World Gold Council or the World Gold Council, which is an industry body noted that global demand gold for the second quarter was 919.8 tonnes, down 17% from 1107 tonnes in the same period last year.
WGC asserts, demand for gold is still ‘healthy’, particularly for jewelry, although there is a decline in demand, which had stabilized after a major investment in the last 12 months gold exchange traded funds.
Although demand-side down, but in terms of value, the period of the second quarter of the second-highest recorded value of U.S. $ 44.5 billion. The highest value is printed quarterly by the fourth quarter of 2011 and U.S. $ 44.7 billion. Read the rest of this entry »
Wall Street finally fell after scoring an increase for 3 consecutive days. The meeting between the two leaders of France and Germany had failed to give confidence to the market.
The results of the meeting French President Nicolas Sarkozy and German Chancellor Angela Merkel was unable to dampen investors’ concerns about the ability of European leaders to tackle the spread of the debt crisis. Both leaders expressed the details of the plan for the integration of the euro zone but does not include fund-raising rescue region of Europe or the sale of debt securities.
In trading Tuesday (16/08/2011), the Dow Jones industrial average closed down 76.97 points (0.67%) to a level of 11405.93. The broader Standard & Poor’s 500 index also fell 11.73 points (0.97%) to a level of 1192.76 and the Nasdaq fell 31.75 points (1.24%) to a level of 2523.45.
Shares of the financial sector vulnerable to financial crises and the weakening of Europe back into the worst performing sectors in the S & P 500. S & P Financials Index fell by 1.9% was recorded.
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Wall Street rebound driven by a number of positive sentiments such as rising oil prices and positive economic data from Japan. Announcements by Google’s purchase of Motorola’s Mobility also gives passion.
News Google Inc. bought the Motorola Mobility Holdings Inc. for U.S. $ 12.5 billion in cash directly trigger stocks rebound for the third session in a row. Google plans to buy shares of Motorola’s U.S. $ 40 per share, or 63% premium over Friday’s closing nutrient yesterday.
Another positive sentiment coming from the previously announced Japanese economic contraction during the second quarter of 2011 was smaller than analysts’ expectations.
In trading Monday (8/15/2011), the Dow Jones industrial average closed up up 213.88 points (1.90%) to a level of 11482.90. The broader Standard & Poor’s 500 rose 25.68 points (2.18%) to a level of 1204.49 and the Nasdaq gained 47.22 points (1.88%) to a level of 2555.20. Read the rest of this entry »
Fans hobis koi or koi fish that has been oriented to Japan, they can be turned to China. This prediction could come true because now the hobis koi fish in China is promoting the cultivation of koi fish on a large scale.
Moreover, the efforts of hobis koi in this Bamboo Curtain country gets optimal support from the government. This prediction will come true because during these products or goods from China is relatively cheaper than in Japan or the States competitors.
Indonesia imports a majority of Japanese koi fish. Japanese imports could reach 90 percent of total imports. The rest is imported from Hong Kong, Malaysia, and China.
koi fish market in Indonesia is still dominated by domestic koi fish, especially koi produced the koi fish farmers in Blitar, East Java. But unfortunately still the traditional way of cultivation so that the quality is not good as a result the price is not too expensive. Read the rest of this entry »
PT Newmont Nusa Tenggara welcomed the increase in world gold today through U.S. $ 1,700 per ounce. The increase in the price of gold is believed to increase company revenues.
rise in gold prices could also boost the income of Newmont that is currently in doing opening a new phase (phase 6). The opening of this sixth phase will last until 2013 and during this period only a few produce metal Newmont.
With the current improvement in this commodity (gold). Hopefully not too heavy. Newmont would be helped by the earlier price.
gold and copper production targets in 2011 will reach 270-275 million pounds for copper and 260-275 thousand ounces of gold.
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