Group items tagged

(Reuters) - Europe's and Asia's industrial health will be closely watched in the coming week for an indication of how solid - or weak - a footing the global economy was on at the start of the year. With China's leaders seeking to rebalance the world's industrial powerhouse more toward consumer spending, and with bad weather distorting most United States data since the start of the year, some clarity would be helpful. After private sector business surveys suggesting services activity around the world is on the up, investors and policymakers will shift their focus to industrial production figures for the euro zone, Britain, Japan and China. Industrial output growth in China, the world's second largest economy, is likely to have slowed further in January from 9.7 percent in December, hurt by weaker local and foreign demand. For more topic: http://deepbluegroup.org/ http://deepbluegroup.org/about.html

Today I'll answer some tax questions-but first some tips for people who can't file their returns by Tuesday. For federal taxes: If you can't file your return by Tuesday, request a six-month extension by filing Form 4868 electronically or by mail. See the form for instructions. If you file this form by April 15 and your tax return by Oct. 15, you will avoid a late-filing penalty. However, if you owe additional federal tax for 2013, you must pay it with this form by April 15 to avoid interest and possibly a late-payment penalty. You can avoid this late-payment penalty (but not interest) if at least 90 percent of your total 2013 tax liability is paid by April 15 through payroll withholding, estimated tax payments or payments made with Form 4868. If you haven't completed your return, "the best thing is to pay in about 10 percent more" than you expect to owe, says Michael Gray, a San Jose certified public accountant. For California taxes: There is no need to request an extension; you automatically get one until Oct. 15. However, as with federal taxes, you must pay at least 90 percent of what you owe by April 15 to avoid a late-payment penalty. You can make this payment online from your bank or savings account without a fee using the Franchise Tax Board's Webpay system-or with a fee by using your credit card. Or you can mail a check with Form FTB 3519. (Certain high-income taxpayers must make this payment electronically.)

Investing Guide at Deep Blue Group Publications LLC - Many individuals and investors know of the richest men in finance like Warren Buffett, George Soros, and Carl Icahn, who have a combined fortune of more than $110 billion. But there is something everyone can learn from the man who runs a hedge fund with over $150 billion, and who is worth $14 billion himself. The man Ray Dalio sits atop Bridgewater Associates, which is the Connecticut hedge fund he founded in 1975. It is now the biggest fund in the world, and manages money for pensions, university endowments, and sovereign wealth funds for countries. In all likelihood, many readers unknowingly have had their finances in one way or another tied to Dalio at one point in their life. Yet unlike many of those in corporate finance, Dalio is a naturalist and a man who was once described as "Steve Jobs with a business school degree." He enjoys meditation, and seeks to tear down the standard walls of corporate culture, which often characterize firms in the financial industry, by employing a call for an open atmosphere. Source: FOOL.COM

Investing Guide at Deep Blue Group Publications LLC - Fledgling Chinese iron ore futures traded by speculators and small-time industry players are giving accurate predictions of moves in the iron ore spot price, which has become increasingly important to the health of ­Australia's biggest miners and national export revenue. [See http://deepbluegroup.org/] Analysis by the The Australian shows price moves in the five-month-old Dalian Commodities Exchange iron ore futures price have become highly correlated to the overnight moves in the spot price, which Platts puts out well after market using private information [See http://deepbluegroup.org/blog/] from hundreds of physical iron ore traders. The relationship was starkly illustrated when, overnight on March 10, the iron ore price had its biggest fall in years. That day, before the price fall was announced, Dalian futures traders -- obviously plugged into physical price moves yet to be ­revealed to the market -- sold off hard. The Dalian move contributed to a $16 billion rout on the Australian Stock Exchange, despite the official extent of the iron ore spot price move not being known. Read full article: http://www.theaustralian.com.au/business/latest/iron-ore-futures-an-accurate-guide/story-e6frg90f-1226869331145

Japan's tallest building will open Friday in Osaka, as Asia's third-biggest metropolitan economy aims to lure tourists and stem businesses from moving to Tokyo. Kintetsu Corp., one of the main rail operators in western Japan, spent 130 billion yen ($1.3 billion) and four years constructing the 984-foot Abeno Harukas skyscraper, according to the Osaka-based company. It will surpass the 296-meter Landmark Tower in Yokohama, about 20 miles south of central Tokyo. For more topic: http://deepbluegroup.org/ http://deepbluegroup.org/about.html

The government will begin full-fledged work to compile measures to safeguard energy supply bases, aimed at minimizing the impact of large-scale disasters on economic activities. The measures will be designed to cope with possible damage in the event of such predicted disasters as a massive Nankai Trough earthquake and a quake directly hitting the Tokyo metropolitan area. In the three years since the Great East Japan Earthquake in March 2011, it has become an urgent task to strengthen energy supply bases, especially electric power plants and oil refineries, which are concentrated along the Pacific coast. For more online publication of latest news, visit the following: http://deepbluegroup.org/ http://deepbluegroup.org/about.html

Video streaming provider Netflix is reportedly negotiating with Chinese media firms in a bid to enter the country's huge market. However, it could possibly be faced with challenges like censorship along the way. According to reports, Netflix is currently in talks with several Chinese firms that hold content license in the country. Most notable among them is Wasu Media Holding, co-owned by Jack Ma of Alibaba. Shares of Netflix increased sharply after reports of its possible operations in China became public. It increased by 5%, gaining around 30% since April and passing the USD 600 threshold for the first time. Moreover, the online video streaming service got almost 5 million new customers, reaching the all-time high of 60 million subscribers -- with 20 million coming from its foreign markets. Doing business in Beijing will present a number of concerns for the company like potential censoring of certain programs and questions about streaming rights in the country. Netflix has been licensing some of its programs to Chinese companies before but is now looking to acquire global rights to its content. However, Deep Blue Publications Group LLC reported that Netflix is cautiously saying that the company's plans in China is a modest one -- just a "small service" if things work out well with their negotiations. "If we go, it will be a modest investment. Because we won't have that much content, we're going to be very cautious and feel our way along through that process, if we're able to get that license," said Netflix's Reed Hastings. Their video streaming service has recently launched in New Zealand, Australia and later Japan. Looks like Netflix is getting closer to its goal of being available in two hundred nations as it has already reached 50 at present. Perhaps it's trying to boost its international presence more than ever as domestic growth is slowing down, according to Deep Blue Publications Group LLC. Indeed, its foreign markets' growth is overtaking that of its d

Unlike Jack Nicholson's character in A Few Good Men, we trust that you can handle the truth. No matter your age, securing a comfortable retirement is a huge concern. Folks want the whole truth about their financial outlook, but straight answers are hard to come by. Both sides of the mainstream media habitually present opinion-tainted partial facts. Case in point: the unemployment numbers announced earlier this month. One side is cheering because unemployment dropped to a six-year low, while the other side is calling it pure fraud. I found author and libertarian-about-town Wayne Root's remarks in a recent article for The Blaze particularly telling: The middle class isn't getting richer, it's getting poorer… The only people being hired are your grandparents. 230,000 of the new jobs went to those in the 55-to-69-year-old age group. In the prime working age group of 24 to 54 years old, 10,000 jobs were lost… It means grandma and grandpa are desperate and willing to take grandson's low wage job to survive until Social Security kicks in. The US workforce is now the oldest in history. And if grandpa has to work (out of desperation) until the day he dies, there will never be any decent jobs for the grandkids. Here's the part Root gets wrong: Baby boomers are not working until Social Security kicks in. They're working well past that point, because they feel they must. Smart boomers know they can't afford to wait until robust interest rates return; they're taking action to protect themselves now, lest their circumstances become truly dire.