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Gerald Hussen

Corliss Group Online Financial Mag Hong Kong Between A Rock and Hard Place - 2 views

Corliss Group Online Financial Mag Hong Kong Between a rock and hard place One of a handful of Britain's remaining possessions, Gibraltar is an interesting anachronism says Gillian Vine. Last yea...

Corliss Group Online Financial Mag Hong Kong Between A Rock and Hard Place

started by Gerald Hussen on 06 Mar 14 no follow-up yet
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Gerald Hussen

Financial Blog Corliss Online Group: Another deficit of clear thinking among Hong Kong'... - 1 views

Philip Bowring is appalled by the report on fiscal planning(http://www.scmp.com/comment/insight-opinion/article/1443828/another-deficit-clear-thinking-among-hong-kongs-fiscal) that seeks to preserv...

Financial Blog Corliss Online Group Another deficit of clear thinking among Hong Kong's fiscal planners

started by Gerald Hussen on 12 Mar 14 no follow-up yet
Yelena Jakov

Corliss Online Financial Mag: Is corporate Singapore being too naive on fraud? - 1 views

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    Singaporean corporations are more naive in their approach to anti-fraud and corruption practices in comparison to the Asia-Pacific average, a survey from global accountancy firm Ernst & Young has found. According to the "Building a more ethical business environment survey," only 17 percent of Singaporean respondents acknowledged that planned investments in new markets will expose the company to new risks, compared to an average of around 35 percent for the Asia-Pacific region. "Companies in Singapore don't necessarily lag behind in terms of anti-fraud and corruption practices; what we found is a disconnect between policies that companies already have in place and the enforcement of those policies," said John Tudorovic, fraud investigation and dispute services partner at Ernst & Young. More Economic News: http://ireport.cnn.com/docs/DOC-1023271 https://www.ibm.com/developerworks/community/forums/html/topic?id=2de7c127-290e-44c8-b929-e5c04fc7f16e&ps=10
Gerald Hussen

China money market rates soar to 4-month high - 1 views

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    October 30, Wednesday, China's money market rates pointed on to a four-month high, a day following the country's central bank instill funds into the market to relieve worries that it was preparing to considerably constrict credit situation. The seven-day report rate, observed as a key measure of confidence to lend in the interbank markets, rose to around 5.59 percent - up about 64 basis points from the prior day. Analysts said that the jump in rates was seasonal in nature and at this stage were not too concerned about a repeat of events in June when a surge in money market rates fueled fears of a credit crunch in the world's number two economy. They further mentioned that liquidity infused into the market this week had not been huge enough to shove overnight lending rates considerably lower. On Tuesday via an open market operation, the People's Bank of China (PBOC) infused 13 billion yuan ($2.13 billion) into money markets. "Liquidity remains tight and the repo operation yesterday was small," said Nizam Idris, managing director, head of strategy, fixed income and currencies atMacquarie Bank. "China is still in the process of fine-tuning rates." Chris Weston, chief market strategist at trading firm IG, added: "Month end is coming up and of course tax implications are being blamed for higher rates." No fear With the benchmark Shanghai Composite stock index up 0.75 percent in afternoon Asia trade, Chinese markets became visible to take the spike in money market rates in stride. Analysts put this down to assumptions that the PBOC would approach into the market with better injections of cash to alleviate any doubts that it was geting ready to constrict monetary conditions in a big way. On Tuesday and Thursday, the PBOC usually carry out reverse-repurchase operations, an opportunity for it to inject liquidity into Chinese money markets. "They [PBOC policymakers] will probably provide liquidity on Thursday - at this point they don't wa
Philip Standifer

Financial Tips Corliss Group Online Magazine on 4 Essential Money Mistakes Entrepreneur... - 1 views

As I get rolling on a new startup with my partners at Startup.SC, a startup incubator in South Carolina, I am reminded of a few painful mistakes many entrepreneurs, myself included, make when start...

Financial Tips Corliss Group online magazine 4 Essential Money Mistakes Entrepreneurs Overlook

started by Philip Standifer on 15 Oct 14 no follow-up yet
Polen Scalabrine

Corliss Group Online Financial Mag: 6 investing dos and don'ts for 2014 - 1 views

Successful investing depends a lot on timing. You want your money to be in the right place at the right time in order to obtain the best results. Take Japan for example. For years, the Tokyo marke...

Corliss Group Online Financial Mag 6 investing dos and don'ts for 2014

started by Polen Scalabrine on 21 Jan 14 no follow-up yet
Gerald Hussen

Corliss Group Online Financial Mag - Hong Kong's top ranking for economic freedom feels... - 1 views

Did the Heritage Foundation ever send its experts into the streets of Hong Kong to meet ordinary people and ask them how free the city's economy has become in recent years? The right-wing US think ...

Corliss Group Online Financial Mag Hong Kong's top ranking for economic freedom feels a good laugh

started by Gerald Hussen on 28 Jan 14 no follow-up yet
Gerald Hussen

Corliss Online Group Financial magazine on Top 10 tips for female entrepreneurs - 1 views

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    A study last year by the department for business revealed that - finally - more women are taking the plunge and launching their own businesses. The number is still pretty low - just nineteen per cent of SMEs are female-led, according to the study, but, more encouragingly, a quarter of new businesses - two to three years old - were formed by women. I was fortunate enough to speak at an all-female business event held by the New Entrepreneurs Foundation last week to drive more women to apply for its new programme, which got me really thinking about how we can encourage more women to choose the enterprise path, like I did. Something Anne Marie Morris MP mentioned in her speech really brought it home - women-led businesses contribute £70 billion to the UK economy. That is surely too significant a figure to ignore?!
Yeoseff Kent

Eric Schmidt declares Android more secure than iOS - 3 views

I like your post ,and like to read your post. I will focus on it all the way.

Eric Schmidt declares Android more secure than iOS

Sabina Dupras

Financial Blog Corliss Group: From Corporate Giants to Main Street, Fraud is on the Rise - 1 views

Investors, analysts and corporate directors rely on external audits to keep companies honest. But a new study says audits are woefully ineffective at uncovering fraud. In fact, more than twice as m...

Financial Blog Corliss Group From Corporate Giants to Main Street Fraud is on the Rise

started by Sabina Dupras on 27 May 14 no follow-up yet
Gerald Hussen

When to Hire a Bookkeeper or Accountant - 1 views

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    A serial entrepreneur Aaron Sylvan who lives in New York, contrasts the circumstances to requiring to hire both a carpenter and an architect when building a house. An accountant can analyze the big picture of your financial situation and offer strategic advice as he/she produces key financial documents, like profit-and-loss statement, if needed, and files a company's taxes. An accountant can also act as an outsourced chief financial officer, advising an entrepreneur on financial strategies, like whether to secure a line of credit against receivables when introducing new products after tax season is over On the contrary, a bookkeeper's jobs are the day-to-day hands-on tasks: making sure new employees file all the right paperwork for the company's payroll, submitting invoices (promptly) and following up on them, and paying the bills. The bookkeeper also tracks company expenses or company financial statements and can assure that every cost has been entered - and recorded correctly - into software like QuickBooks so that the business is ready for tax time along with filing any other reporting to, say, creditors or investors. "I don't keep receipts; they're a pain," says Sylvan, who runs Sylvan Social Technology, an ecommerce-services company. "Every month I get a bank statement with a gazillion transactions," such as taxi rides, meals, conferences and other expenses he has placed on his company's debit card. He said his bookkeeper spends a few hours a week sorting it all out. Consequently, Sylvan has a better idea about how his expenditures stack up in opposition to his budget. He is certain he won't bill clients wrongly or miss important payments. "Knowledge is power," even when it comes to the small details, Sylvan says. "If you don't have a bookkeeper, you're probably not being as strategic as you could be in how you spend your money." When to Bring in a Bookkeeper Sylvan has typically hired a bookkeeper for a few hour
Gerald Hussen

Financial Blog Corliss Group| The Motley Fool: Every Sunday, Useful Tips on Investing - 2 views

Q: What's a leveraged buyout? A: A leveraged buyout (LBO) is when a company is bought out by another entity (or entities), using a lot of debt. Private-equity investors are typically invo...

Financial Blog Corliss Group The Motley Fool Every Sunday Useful Tips on Investing

started by Gerald Hussen on 26 May 14 no follow-up yet
Nike Polster liked it
britneypearce

Financial Blog Corliss Group Lenders Fear Spread of Chinese Commodities Fraud Case - 2 views

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    Large banks and trading firms are frantically trying to determine whether they have fallen victim to a suspected commodities fraud emanating from the giant Qingdao Port in northeast China. Citigroup and several other large Western banks are concerned that their loans may lack the appropriate collateral, big stockpiles of copper and aluminum at the port. The banks have inspectors on the ground who are trying to assess whether enough of the metals are there. The worry stems from suspicions that a Chinese companies pledged the same collateral for multiple loans. Chinese authorities are investigating the matter. The case could have broad repercussions for the commodities market and the Chinese economy. Banks have funneled billions of dollars into the Chinese economy through these murky transactions, and commodities prices have been falling over concerns that such lending will dry up. Western banks, including Citigroup, are bracing for any potential fallout. Just months ago, Citigroup fell victim to a multimillion-dollar fraud in Mexico. If the Qingdao developments harm the bank, regulators and shareholders are likely to press it to explain why its controls had failed again. Chinese companies are at risk, too.
Kevin Oneill

Corliss Online Financial Mag Investing in small business ventures - 2 views

What can an individual who lives on a small salary do to invest and augment his income somehow? Here are some tips to follow: 1. Invest in something close to your heart Whether it is in music or ...

Corliss Online Financial Mag Investing in small business ventures

started by Kevin Oneill on 23 Aug 14 no follow-up yet
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