Category archives for: Finance

Brazil Automobile Sector to Flourish on Hybrid Vehicle Sales

According to our latest research report “Brazil Automobile Forecast to 2013”, Brazil is one of the fastest growing automobile manufacturing markets in the world and sixth largest in terms of automobile production. On the back of strong domestic demand and government initiatives, the country’s hybrid vehicle sale has been witnessing positive growth rates for the [...]

Cover 4 Fleet Insurance Reviews And Enhances The Fleet H.A.D. Safety Program

Victoria, London ( Seerpress ) May 25, 2011 – To get the best results from the Cover 4 Fleet Insurance H.A.D. safety program, one of the final ingredients is to continually review and enhance the H.A.D. (Heightened Awareness Driving) fleet policy. As your organisation makes the program its own, ongoing value and lessons can be [...]

Google enters bond markets

Search engine giant Google will sell bonds for the first time, in order to increase its domestic cash reserves by $3bn, at a time when a drop in US Treasury yields have caused corporate borrowing costs to fall to record lows. Google will sell three, five, and ten year bonds. There are several reasons for [...]

US inflation surges

U.S, inflation increased by 3.2 percent for the 12 months ending on April 30th, 2011, the fastest annual increase in 2 ½ years, according to a Labor Department report released on Friday.   The government attributed more than 50 percent of the increase to surging energy prices, with gas prices increasing more than 33.1 percent [...]

China bank raises reserve requirements for fifth time this year

China raised bank reserves again for the fifth time this year by half a point to increase levels for country’s largest lenders to a record 21 percent. The half point increase is effective on May 18th. Deutsche Bank AG and Goldman Sachs Group Inc. yesterday said borrowing costs have already been pushed up four times [...]

China’s trade surplus surges after rare trade deficit

China’s trade surplus increased to $11.4 billion in April after posting an unusual trade deficit for the first quarter of 2011, which is likely to give U.S. officials more leverage as they try to pressure the world’s second largest economy to allow its currency to appreciate at a faster pace.   Officials from the United States [...]

Wells Fargo hires new executive to boost Silicon Valley prospects

Wells Fargo Bank appointed former Cantor Fitzgerald executive John Jinishian to head its West Coast technology mergers and acquisitions division to forge new deals with Silicon Valley companies. Also hired by Wells Fargo is Peter Stabler who will head the unit that will handle digital media and advertising as well as the bank’s Internet business. [...]

Dollar gains on Bin Laden’s death

News of Osama Bin Laden’s death helped revive a sagging U.S. dollar, from 73.02 on the U.S. dollar index, nearly a three year low, to 73.27 in currency trading in Asia on Monday.  The U.S. dollar was trading at 73.17 at 3:30 Hong Kong time on Monday.  The U.S. dollar index measures the strength of [...]

Indian government short on cash

High tax refunds are the cause of India’s current cash crunch, so the Indian government will provide for its funding needs by issuing cash management bills until June, according to a senior finance ministry official on Friday.   Cash management bills are a non-standard short term borrowing instrument that lasts less than 91 days that [...]

Yuan breaks through 6.5 per dollar barrier

The Yuan strengthened for the seventh week in a row, breaking through the 6.5 per dollar level for the first time since 1993, prompting speculation that the central bank will let it appreciate in order to ease inflation which is now growing at its fastest rate in two years. China’s currency policy was expected to [...]

Photo Gallery

Log in | Copyright © 2010 Seer Press