Play Video
Trade between Asia's two largest economies is about to get a whole lot easier. China's central bank confirmed Tuesday that the country will allow the direct trading of its currency against the Japanese yen starting Friday.
Thursday, May 31, 2012
China, Japan to launch yuan-yen direct trading
Play VideoTrade between Asia's two largest economies is about to get a whole lot easier. China's central bank confirmed Tuesday that the country will allow the direct trading of its currency against the Japanese yen starting Friday.
Wednesday, May 30, 2012
How this stay at home mom made $13900 monthly income? Believe it or not?
By Erica Jones
Julie investigates a single Mom who makes over $13900+/Month. She reveals her secrets to us.
Amy Livingston of Penang , 09 never thought that she would consider it, until curiosity got the best of her and she filled out a simple online form. Before she knew it, she discovered her secret to beating the recession, and being able to provide for her family while at home with her three children.
I read Amy's blog last month and decided to feature her story in our weekly consumer report. In our phone interview she told me her amazing story. "I actually make about $15,000 to $17,000 a month working from home. It's enough to comfortably replace my old job income, especially considering I only work about 15-18 hours a week from home right now.
Working online has been a financial windfall for Amy, who struggled for months to find a decent job but kept hitting dead ends. "I lost my job shortly after the recession hit, I needed reliable income, I was not interested in the "get rich quick" scams you see all over the internet. Those are all pyramid schemes. I just needed a legitimate way to earn a living for me and my family. The best part of working online is that I am always home with the kids, I save a lot of money."
"I actually make $15,000 to $17,000 a month working from home." - Amy LivingstonI asked her about how she started her remarkable journey. "It was pretty easy, I actually received an email that sparked my interest, so I went to the site, filled out a short form and signed up for a work at home program where I got instant access to everything! Since they offered a 365 Day Money Back Guarantee - I figured I really had nothing to lose. So, I started the program and within four weeks I was making over $5,000 a month. It's really simple, I am not a computer whiz, but I can use the internet. I followed the instructions, and I don't even have to sell anything and nobody has to buy anything. This is a very stable system and they are recruiting, you should try it."
Consumers purchase Billions and Billions of dollars worth of products each year online. Every time people use the internet, go on facebook or do a search, someone is making money. This program will teach you how to get a piece of this money and free yourself from the 9-5. The internet economy has grown by leaps and bounds in the recession, so why not take advantage of the gold rush? There are plenty of scams on the internet claiming you can make $50,000 a month, but that is exactly what they are... scams. From my conversation with Amy, "I am making a good salary from home, which is amazing, under a year ago I was jobless in a horrible economy. I thank God every day that I signed up for this program."
"I am making a good salary from home, which is amazing, under a year ago I was jobless in a horrible economy. I thank God every day that I signed up for this program." - Amy LivingstonQuickly, Amy Livingston was able to use the simple The Online Income System to make it out of the recession.
Amys Step by Step Guide:
Amy had never shared her story before, and with her permission, are putting it public. Here are the steps she told us to take:Step 1
Visit the following website and review the newsletter with all the details you need to change Your life, as it has Many others. The Online Income System (Universal).
Step 2
Follow the directions and set up an account. You will then be given all the tools you need to start posting links, and making profits. Everything is tracked in a system that will show you how much money you are making (see images above).
Related links:
The Online Income System - Official Website (Rated 2011 Top Oportunity)
Discounted Promotion Ends: Thursday, May 31, 2011
Continue To The Official The Online Income System Site »
Hey Wanda, the answer is No. Any computer you have will work, I currently use this system on an old laptop and it works great. You just need the kit that the author named in the article.
User Comments Showing 15 out of 138
Read Responses For: How a Small Investment Turned Into $13900+/Month.. We Investigate
Taylor says: 10:50 AM May 29, 2012
The timing of this couldn't be better, my wife and I are struggling too and this could be our answer.
Jennifer says: 12:35 PM May 29, 2012
Thanks for the info, just started this 3 weeks ago. I've gotten 2 checks for a total of $3900, pretty cool.!
John says: 2:38 PM May 29, 2012
Has anyone tried this yet? Looks promising.
Keri says: 4:44 PM May 29, 2012
@John, I'm using it now and it's working pretty well
actually! I paid a dollar for shipping, got it in a few days, signed up
for my account and have been cranking along ever since. My first week I
made a whopping $288 and the second week I doubled that then it kinda
snowballed to $500 a day! I'm gonna grow this puppy as big as I can.
Here's a screen shot of my stats, my wife is in shock.
Gina says: 6:55 PM May 29, 2012
Is this for real? I tried one thing and it didn't pan
out. I made about $500 a month but that was 2 years ago. I'm going to
give this a shot.
Amy says: 6:05 PM May 29, 2012
I think this is great and will come in really handy right now. I'm not the best computer user but I think I can post links!!! :)
Tina says: 7:23 PM May 29, 2012
I just got my first check for $2800.00! How cool is that it took about 2 weeks for me to get the first check.
Amy says: 7:38 PM May 29, 2012
this is a pretty cool article. I like that fact that it uses the internet!
Julie says: 8:31 PM May 29, 2012
I don't know. Im still kind of worried about the entire thing. Ive never worked from home
Wanda says: 9:45 PM May 29, 2012
Does anyone know if you have to have any programs or a certain computer to make this work?
Trey P says: 9:58 PM May 29, 2012
Hi Wanda,Hey Wanda, the answer is No. Any computer you have will work, I currently use this system on an old laptop and it works great. You just need the kit that the author named in the article.
David K says: 10:35 PM May 29, 2012
I hope this works because i really hate my boss!!!!!
Ben says: 10:47 PM May 29, 2012
The timing of this couldn't be better, my wife and I are struggling too and this could be our answer.
Jen says: 11:11 PM May 29, 2012
I wonder how well this will work if I only do it a couple
hours at night? I still have my day job( which I would love to quit,
lol ), but right now I only have time for a couple hours a night. Ill
reply back and let you guys know!
Michael Nguyen says: 11:57 PM May 29, 2012
This is amazing! I wish I knew about this 5 years ago.Facebook share price drops to $28, shaves $40bn off
Facebook shares fall below $30 as US authorities begin investigation into IPO
Shares continue to slump on Wall Street as lawsuits against founder Mark Zuckerberg allege company misled investors
Electronic screens show the price of
Facebook shares after they began trading in New York earlier this month.
Photograph: Richard Drew/AP
Facebook's shares dipped below $30 Tuesday as the company's shares hit new lows and continued to struggle in the wake of its massive initial public offering (IPO).
Even as US stock markets bounced
back from falls last week, Facebook's shares slumped 9.62% to end the
day at $28.84 – almost $10 below the $38 price set at their IPO earlier
this month. Stock markets in the US, which had been closed on Monday for
Memorial Day, ended up for the day.
During the Trading Day
| 28.84 |  -3.07 / -9.62% |
Data as of 4:00pm ET
|
Day’s Change During After-Hours Switch to standard view »
|
| 28.78 | -0.06 / -0.21% |
Volume: 1,246,000
|
The share slide means Facebook is now valued at $61.98bn, a sharp fall from the $104bn it was valued at when the company went public on 18 May.
The IPO has proved a disaster for Facebook and its bankers. US authorities are investigating allegations that the company gave critical information to some investors and not others. Shareholders have launched class action lawsuits against founder Mark Zuckerberg, the company and its bankers, including lead bank Morgan Stanley.
Walter Zimmermann, senior technical analyst at United-ICAP, said there was plenty of evidence that the stock could fall further. He said the share sale had represented "a mania of historic proportions".
"This was an IPO that was going to save California and uplift the western world. It was so overhyped and overvalued that it could only fall," he said.
Some traders pointed to technical reasons for the stock's continuing woes. Trading in Facebook options – contracts that allow investors to make bets on the direction of a company's shares – started Tuesday. Traders can now also "short" Facebook shares, betting that the price will fall.
Sam Hamadeh, founder of analyst PrivCo, said most of the options were "bearish" meaning traders were betting on price falls and that popular contracts were putting Facebook's share price in the mid $20s for June and July. PrivCo estimated Facebook's shares were worth $25 ahead of the IPO.
"The shares would have probably fallen anyway but this probably sped the process up a little bit," he said.
Zimmerman said discussions of technical issues missed a wider point. He said Facebook had sold so many shares – 96m – that there was little appetite from investors who had not bought shares. "Who is left to buy?" he said.
News that the company is considering building its own mobile device, an area where it has struggled to make money, seems to have been shrugged off by investors.
Last week law firm Robbins Geller launched a class action lawsuit on behalf of Facebook investors against the company and its bankers. Massachusetts' secretary of commonwealth William Galvin has sent a subpoena to Morgan Stanley demanding more details of what the bank and Facebook executives told select investors ahead of the IPO.
By Dominic Rushe in New York guardian.co.uk
Newscribe : get free news in real time
Tuesday, May 29, 2012
Stray dog sensation in China!
● Xiaosa gave cyclists great fun and encouragement
● Xiao Yong started a blog to broadcast Xiaosa’s journey
Play VideoA stray dog nicknamed "Xiaosa" has been following a team of cyclists for 20 days along Sichuan-Tibet Highway. The cyclists said she has given them encouragement all the way to Tibet, and are planning to bring her to their hometown in Central China’s Hubei Province.
How to avoid dogs attack you?
Learn to be safe if a dog attacks, says trainer - If a dog is coming at you, not run or turn to fact it - M.Selvamanickaraja
KUALA LUMPUR: The public should learn how to avoid being attacked by dogs following the case of a jogger who died after being mauled by a dog.
Dog trainer M. Selvamanickaraja said the risk of injury could be reduced significantly if you knew what to do when faced with an aggressive dog.
He added that local councils should also conduct awareness programmes for dog owners so they would know how to be responsible for their pets.
“After issuing licences to owners, local councils should brief them on basic things that they should do, such as keeping a proper kennel and securing their house compound so that dogs will not be able to escape,” he said at his house here.
On
May 8, a miniature bull terrier cross bit Yip Sun Wah, 74, on the neck
and almost tore off his left ear as he was jogging about 1km from his
house in Subang Jaya. Yip died on the spot.
Selvamanickaraja, who has been training dogs for 10 years, said banning dog breeds was not the answer as mongrels could also turn aggressive.
He said that not allowing breeds such as the German Shepherd will also deprive people from owning gifted and loyal family dogs.
On what people can do when faced with a vicious dog, Selvamanickaraja said: “When a dog wants to attack you, it thinks of you as prey. You must change the dog’s perception of you as prey.
“If a dog is coming at you, do not run or turn to face it. Remain still and turn to your side, with your hands behind your back.
“Clench your fists as you do not want to leave anything exposed for the dog to bite. By doing this, you are not giving the dog space to attack,” he said.
The dog will become confused and might change its mind about attacking.
“But in its state of confusion, it might try to bite but you must stand firm. At most, it will bite once and then leave,” Selvamanickaraja said.
He said people should only attempt to run away or confront the dog if they were absolutely sure they can escape or defend themselves.
Related posts:
American Pit Bull Kills Jogger !
Dog attacks humans, it's the owner, not the breed!
KUALA LUMPUR: The public should learn how to avoid being attacked by dogs following the case of a jogger who died after being mauled by a dog.
Dog trainer M. Selvamanickaraja said the risk of injury could be reduced significantly if you knew what to do when faced with an aggressive dog.
He added that local councils should also conduct awareness programmes for dog owners so they would know how to be responsible for their pets.
“After issuing licences to owners, local councils should brief them on basic things that they should do, such as keeping a proper kennel and securing their house compound so that dogs will not be able to escape,” he said at his house here.
Selvamanickaraja, who has been training dogs for 10 years, said banning dog breeds was not the answer as mongrels could also turn aggressive.
He said that not allowing breeds such as the German Shepherd will also deprive people from owning gifted and loyal family dogs.
On what people can do when faced with a vicious dog, Selvamanickaraja said: “When a dog wants to attack you, it thinks of you as prey. You must change the dog’s perception of you as prey.
“If a dog is coming at you, do not run or turn to face it. Remain still and turn to your side, with your hands behind your back.
“Clench your fists as you do not want to leave anything exposed for the dog to bite. By doing this, you are not giving the dog space to attack,” he said.
The dog will become confused and might change its mind about attacking.
“But in its state of confusion, it might try to bite but you must stand firm. At most, it will bite once and then leave,” Selvamanickaraja said.
He said people should only attempt to run away or confront the dog if they were absolutely sure they can escape or defend themselves.
Related posts:
American Pit Bull Kills Jogger !
Dog attacks humans, it's the owner, not the breed!
Is venture capital model no longer working?
KUALA LUMPUR: An expert on venture capitalism is of the opinion that the venture capitalist model is broken.
NOT BEYOND REPAIR: Green believes that the VC model is broken but it can still be fixed.
Jordan Green, chairman of the Australian Association of Angel Investors, said the latest generation of VCs has not been delivering results.
"Up until the mid-90s, VCs could reap a double digit return on investment on the companies they invested in," he told Bytz on the sidelines of the Asian Business Angel Forum (ABAF) 2012 here.
Green said today's VCs fail to do better than their predecessors because of their money manager mentality, and they aren't capable of advising entrepreneurs on how to viably commercialise their products.
"Venture capitalism predicated on the idea that people in the VC firm would be able to help the startups they invest in to grow effectively. But you need to have business experience to do this, " he said.
According to Green, many of today's VCs have the academic qualifications but not the experience of having run a business.
This situation arose when VC firms started to institutionalise, to give themselves bigger funds to work with, he said.
However, as the establishments got bigger, there was not enough qualified people with the right business experience to hire.
"As a result, those without any entrepreneurial skills could not properly help the startups move forward," Green said.
"And the money manager mentality also meant that VCs became risk adverse and would only fund startups when they started being profitable. This created the 'VC gap.'"
The gap is where entrepreneurs have difficulty getting funding between starting up and starting to show profitability - the period when VCs are most needed.
Green believes investing in a business requires empathy, and is not merely an intellectual exercise.
Malaysia is moving in the right direction by starting angel investor networks because this will give startups here an alternative to VCs when they need funding for their fledgling products and services, he said.
"Angels are actually replacing the VCs of yore. They are the experienced business people who can advise entrepreneurs on how to bring their products to greater heights," Green said.
The Malaysian angel investor network is still young, with two known agencies - the Virtuous Investment Circle and Pikom Angel network. Another is set to emerge later this year and is called the Malaysian Angel Business Network.
However, Green said, the VC model can still be saved if venture capitalism returns to its original investment model.
He said this will require braver institutional investors and a better understanding of how VCs should work.
"With the original intent and model, they can make better decisions and better help startups grow faster," he said.
ABAF is organised by Cradle Fund Sdn Bhd, which manages an investment programme that funds technology startups in the country.
The forum is aimed at bringing the best of Asia's angel investors, venture capitalists, decision makers, policy leaders and entrepreneurs to one location. Some 500 delegates gathered to hear 30 speakers at this year's event.
China's Revolutionary New Thinking On Private Capital
Play Video
China has issued new measures on guiding non-governmental capital into the domestic banking sector.The China Banking Regulatory Commission has stated that private investors will have equal rights with other state-owned banks. Private investors can bid for the establishment and capital increase of a rural bank.
Monday, May 28, 2012
The Facebook Illusion
THERE were two grand illusions about the American economy in the first
decade of the 21st century. One was the idea that housing prices were no
longer tethered to normal economic trends, and instead would just keep
going up and up. The second was the idea that in the age of Web 2.0, we
were well on our way to figuring out how to make lots and lots of money
on the Internet.
Josh Haner/The New York Times Ross Doutha
The first idea collapsed along with housing prices and the stock market in 2007 and 2008. But the Web 2.0 illusion survived long enough to cost credulous investors a small fortune last week, in Facebook’s disaster of an initial public offering.
I will confess to taking a certain amount of dyspeptic pleasure from Facebook’s hard landing, which had Bloomberg Businessweek declaring the I.P.O. “the biggest flop of the decade” after five days of trading. Of all the major hubs of Internet-era excitement, Mark Zuckerberg’s social networking site has always struck me as one of the most noxious, dependent for its success on the darker aspects of online life: the zeal for constant self-fashioning and self-promotion, the pursuit of virtual forms of “community” and “friendship” that bear only a passing resemblance to the genuine article, and the relentless diminution of the private sphere in the quest for advertising dollars.
Josh Haner/The New York Times Ross Doutha
The first idea collapsed along with housing prices and the stock market in 2007 and 2008. But the Web 2.0 illusion survived long enough to cost credulous investors a small fortune last week, in Facebook’s disaster of an initial public offering.
I will confess to taking a certain amount of dyspeptic pleasure from Facebook’s hard landing, which had Bloomberg Businessweek declaring the I.P.O. “the biggest flop of the decade” after five days of trading. Of all the major hubs of Internet-era excitement, Mark Zuckerberg’s social networking site has always struck me as one of the most noxious, dependent for its success on the darker aspects of online life: the zeal for constant self-fashioning and self-promotion, the pursuit of virtual forms of “community” and “friendship” that bear only a passing resemblance to the genuine article, and the relentless diminution of the private sphere in the quest for advertising dollars.
But even readers who love Facebook, or at least cannot imagine life without it, should see its stock market failure as a sign of the commercial limits of the Internet.
As The New Yorker’s John Cassidy pointed out in one of the more perceptive prelaunch pieces, the problem is not that Facebook doesn’t make money. It’s that it doesn’t make that much money, and doesn’t have an obvious way to make that much more of it, because (like so many online concerns) it hasn’t figured out how to effectively monetize its million upon millions of users. The result is a company that’s successful, certainly, but whose balance sheet is much less impressive than its ubiquitous online presence would suggest.
This “huge reach, limited profitability” problem is characteristic of the digital economy as a whole. As the George Mason University economist Tyler Cowen wrote in his 2011 e-book, “The Great Stagnation,” the Internet is a wonder when it comes to generating “cheap fun.” But because “so many of its products are free,” and because so much of a typical Web company’s work is “performed more or less automatically by the software and the servers,” the online world is rather less impressive when it comes to generating job growth.
It’s telling, in this regard, that the companies most often cited as
digital-era successes, Apple and Amazon, both have business models that
are firmly rooted in the production and delivery of nonvirtual goods.
Apple’s core competency is building better and more beautiful
appliances; Amazon’s is delivering everything from appliances to DVDs to
diapers more swiftly and cheaply to your door.By contrast, the more purely digital a company’s product, the fewer jobs
it tends to create and the fewer dollars it can earn per user — a
reality that journalists have become all too familiar with these last 10
years, and that Facebook’s investors collided with last week. There are
exceptions to this rule, but not all that many: even pornography, long
one of the Internet’s biggest moneymakers, has become steadily less profitable as amateur sites and videos have proliferated and the “professionals” have lost their monopoly on smut.The German philosopher Josef Pieper wrote a book in 1952 entitled
“Leisure: The Basis of Culture.” Pieper would no doubt be underwhelmed
by the kind of culture that flourishes online, but leisure is clearly
the basis of the Internet. From the lowbrow to the highbrow, LOLcats to
Wikipedia, vast amounts of Internet content are created by people with
no expectation of remuneration. The “new economy,” in this sense, isn’t
always even a commercial economy at all. Instead, as Slate’s Matthew
Yglesias has suggested, it’s a kind of hobbyist’s paradise, one that’s subsidized by surpluses from the old economy it was supposed to gradually replace.
A glance at the Bureau of Labor Statistics’ most recent unemployment numbers bears this reality out. Despite nearly two decades of dot-com
enthusiasm, the information sector is still quite small relative to
other sectors of the economy; it currently has one of the nation’s
higher unemployment rates; and it’s one of the few sectors where
unemployment has actually risen over the last year.None of this makes the Internet any less revolutionary. But it’s created
a cultural revolution more than an economic one. Twitter is not the
Ford Motor Company; Google is not General Electric. And except when he
sells our eyeballs to advertisers for a pittance, we won’t all be
working for Mark Zuckerberg someday.- IHT
Facebook Inc (NASDAQ)
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Facebook Tumble, blame game begin !
Facebook, Zuckerberg & banks sued over IPO
Make money from Facebook IPO!
Facebook market makers' losses total at least $100m ...
The Biggest Cost of Facebook's Growth
The Facebook Fallacy
Facebook Tumble, blame game begin !
Facebook, Zuckerberg & banks sued over IPO
Make money from Facebook IPO!
Facebook market makers' losses total at least $100m ...
The Biggest Cost of Facebook's Growth
The Facebook Fallacy
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