Breaking News, World, U.S., Entertainment …

After the euphoria of Wednesday, the U.S. markets have continued their momentum but at a slower pace frantic Thursday. At the close, the Dow Jones ended up 0.49% to 10,320.10 points, the Nasdaq is 1.06% at 2200.01 points while the S & P gained 0.91% to 1090.10 points.

No big movements, the indices have stagnated at these levels throughout the session. Investors have also learned a pleasant surprise on the side of the job today. Entries weekly unemployment, against all expectations, declined slightly in the United States during the week to August 28, at 472 000 478 000 cons last week, according to the labor department. Economists had expected jobless claims averaged 475,000.

Other good news: the promise of real estate sales have rebounded in July.The index of sales agreements rose 5.2% compared to June, when the 79.4 economists had expected a decline of 1%. The decline in the month of June was revised down slightly, to -2.8% against a 2.6% previously announced.

Statistics mixed

But at the same time, investors learned that nonfarm productivity had declined much more sharply than expected in the second quarter to show its sharpest decline since the third quarter of 2006. Productivity has contracted at an annual rate of 1.8%, instead of a contraction of 0.9% initially announced. Although expectations were counting on a decline of 1.9% over the period April to June, this review again cast doubts on the markets.

Moreover, the increase in orders received by U.S. factories in July was weaker than expected.These have increased – after two consecutive months of decline – from 0.1% to 409.5 billion dollars while economists were expecting an increase of 0.3%.

"It has a low volume of trade, economic indicators rather positive, so it is easy to push the market upwards," said Scott Marcouiller, Wells Fargo Advisors. "It does not happen much on the market," said Lindsey Piegza, FTN Financial, noting the hesitation of the indices during the session. The caution is called for before the publication of the very important report on employment and unemployment in August, tomorrow Friday.

Note that on the foreign exchange market, the euro is up slightly against the dollar, but only to increase its gains amid anxiety.

Burger King flies

On the side of values, the automotive sector should stand today.The month of August has actually been the worst for U.S. auto industry since 1983. Sales declined 21% to 11.47 million vehicles. Ford Motor (0.86% to 11.71 dollars) has reported a sales decline of 11%. General Motors, which is preparing an offering of securities to reduce by nearly 61% of the state capital, reflecting a drop in its sales by 25%.

Always on the side of values, the U.S. computer giant Apple (0.74% to 252.17 U.S. dollars) has unveiled the updated version of its iPod portable should be very surrounded. The Apple brand has also significantly lowered the price of its Apple TV boxes, for playback on a television screen high definition video from a computer.

Burger King (25.08% to 23.59 dollars) has formalized its takeover by 3G Capital at a price of $ 24 per share.The total transaction is valued at four billion dollars (3.12 billion euros).

Warren Buffett has filed a formal offer to repurchase its Berkshire Hataway (+0.38% to 81.22 dollars) for the 19.9% stake it does not already own in Wesco Financial (unchanged at $ 363 ).

General Electric (0.80% to 15.13 dollars) and Westinghouse Electric might spend ten billion dollars (7.8 billion euros) in total to build two nuclear reactors in India, Financial Express reported Thursday.Citing unidentified official sources, the newspaper said the two projects are being finalized in preparation for the planned visit in November, U.S. President Barack Obama.

HP (1.20% to 39.68 dollars) announced Thursday it had raised its takeover offer for 3PAR (2.43% to 32.86 dollars) to $ 33 per share, valuing the company Storage Data to 2.4 billion dollars. In the process, Dell (1.98% to 12.36 dollars) refuses to bid and withdraw from the race.

Filed under: economics, events, publications, resources, technology by admin Comments Off

Google and Apple do not agree no further time. Already competitors in the mobile and advertising, they prepare to pay back the video on demand (VOD). According to information from the Financial Times, Google "is currently negotiating with major Hollywood studios to launch a video service fee to the card by the end of 2010 the United States. With this enhanced client service, Google would be "neck-and-neck competition with Apple to dominate the digital distribution of films and TV content," the newspaper said.

At Google, renting movies is not entirely new. YouTube has since the beginning of the year. But the catalog is currently comprised mainly of works by independent studios, which attract few users. It should be completed by this time the great successes of the cinema, for rent as they are released on DVD.According to the Financial Times, Hollywood would have been seduced by the arguments of Google, which has a substantial pool of hearing.

Negotiations "in emergency"

These negotiations, which ran for several months, are now conducted "in emergency", as competition increases in the United States. The DVD rental company Netflix has completely redesigned its online service, through a monthly subscription. For its part, Hulu has benefited from the support of its shareholders Disney, News Corp. and NBC Universal to become the number two online video in number of visitors, behind YouTube. The site, which offers since its launch films and series for free, advertising, launched in August a section fee.

Google's main rival in the video rental property remains yet Apple.On Wednesday, Steve Jobs is expected to announce the arrival of television shows on iTunes for rent payday advance. Each episode would be 99 cents suggested by the American press, or the same price as a piece of music, and could be viewed for 24 hours. Until then, Apple proposed that these series as sales, two or three times more expensive. The choice of location, most popular, was reserved for movies.

For both IT groups, the issue is not simply to increase their income with online video, but also to make their devices more attractive to take a position in the salons. The iTunes videos are playable on Mac and PC, iPod, iPhone and iPad. A new version of Apple TV, the box that connects to televisions, is also in preparation.In front, Google is also preparing a range of appliances connected to TVs, with the help of Sony and Logitech.

"It's hard to convince the French suppliers'

According to the Financial Times, the Google service "would probably be launched first in the United States before being extended gradually to other countries. Negotiations abroad take effect in time. Apple has more than two years before proposing, in April, a few thousand movies for sale and rent in France.

Unlike music, Internet rights are often held by television stations and local media. "By outsourcing their content to Apple channels lose the freedom to set their prices and the relationship with their customers.Difficult to convince the French suppliers, "said Frederic Sitterlé, former Director of New Media and founder of the Figaro service VOD MySkreen independent. Conservative channels have preferred to have their VOD services. While discussing the opening of a joint French platform.

Filed under: economic, economics, events, money, people by admin Comments Off

This Wednesday is a symbol of a further decline in Paris at the opening of U.S. existing-home 40descend 1.07% to 3365.85 points at the gong. The key index had managed to keep the 3,700 points on Tuesday night, but the threshold has not kept in the first exchanges.

In Europe, stock markets have made concessions on Tuesday after nine sessions chained up on. Announcing the easing of exchange rate policy of China, made Saturday, had pushed world stock markets Monday. The first steps in this direction have been given yesterday and Wednesday, with two cuts in a row the central rate against the dollar. But in exchange, the effect was short-lived. And on Wall Street, poor statistics on the front of the immmobilier has cast a chill on the market.So, this morning, the main financial centers of the Asia-Pacific are following suit.

Around 9:00 on Wednesday, the euro is changing in a very slight increase. This rating 1.2285 dollar.

Economic News Authority

In France, the business climate in the French manufacturing industry fell slightly in June, according to the business survey released Wednesday by the INSEE. The synthetic indicator has lost two points to 95, its first decline since February, when economists on average expected stability.

Moreover, the index of activity in services climbed to 61.6 in draft cons 61.4 in May, its highest level since August 2006 and well above the 50 mark, which marks the boundary between expansion and contraction.

At noon, the Court of Auditors present its report on the situation and prospects of public finances.In Germany, the GfK consumer barometer, always watched closely, will be visible at 8:10. In the euro area, the first estimate of the PMI will be unveiled at 10:00.

And the United States, 16 hours, will be made public promises of home sales for the month of May, after a bad real estate statistics published in the ninth Tuesday: – 2.2% in volume last month, to 5.66 million units annualized. The traditional weekly crude inventories will be available at 16:30.

Finally, this evening after 20 hours, the Monetary Policy Committee of the Fed will issue its statement.Highly regarded by investors, note any change in the discourse of the Federal Reserve.

The rate strategists believe that Societe Generale U.S. Federal Reserve will raise its rates faster and stronger than expected by the market and call for caution on U.S. government bonds.

Banks suffer disproportionately

The banking sector remains to be monitored throughout the session. On Tuesday, he suffered a spate of bad news. In addition to degradation of the note in the long-term debt, BNP Paribas, Credit Agricole said the cost of risk on its Greek subsidiary Emporiki would weigh 450 million euros more than expected.The BNP Paribas has yielded 1.92% and that of Crédit Agricole SA 4.69% Tuesday.

On Wednesday, the bank stocks sign the worst performance of the CAC 40 Again: Credit Agricole down 1.74%, BNP Paribas 1.54%, 1.5% Societe Generale.

Societe Generale: -1.5% to 36.8 euros Societe Generale will call Wednesday Kerviel just 4.9 billion euros in damages, a record amount corresponding to the loss she attributes to "fraud" its former trader. Yesterday, the former CEO of Societe Generale, Daniel Bouton, has admitted "failures in the control of the bank during his testimony before the Tribunal of Paris.

L'Oreal: -0.73% to 82.9 euros Paul Bulcke, Nestlé CEO, said in an interview with Reuters that his group had no plans to change the status quo in the capital World number one cosmetics, according to the shareholders agreement that binds to the Bettencourt family.

Alstom (-1.13% to 41.45 euros) and Areva (-1.6% 356.7 euros) Alstom no longer wants to marry with Areva. "To dance the tango, it takes two. Areva does not really want to dance. We no longer so eager to dance ourselves, "Patrick said Tuesday Kron, Alstom's Chairman, at the general meeting of shareholders.

GDF Suez: -0.7% to 25.9 euros The group reportedly asked the Commission to regulate the énegie to request a further increase in gas prices by 5%, according to Le Parisien.

Total: -1.25% to 39.6 eurosTotal and oil stocks are worthy of attention.The International Atomic Energy Agency (IEA) publishes 10:30 prospects of markets for oil and gas.

ArcelorMittal the world's number one steel company, announced Tuesday that the apparent demand and actual demand for steel would remain positive in the second half of the year, even if they should show a slowdown during this period. Lakshmi Mittal, the CEO that the slowdown in demand was due to seasonal reasons. The boss also said he did not think the steel industry return to its pre-crisis level until 2012.

EADS: -0.22% to 17.9 euros Airbus forecasts a near-doubling of its production of A320 aircraft in China, 48 aircraft in 2012, said Zhao Haishan, an official of the manufacturer in Tianjin in northern countries, quoted by the Xinhua news agency.

Vivendi: -1.56% to 17.71 euros The group has denied an Indian newspaper Economic Information Times that he would be in talks with Reliance Communications to take a 26% in the second mobile operator in India. [

Axa Insurance (-2%), CNP (-0.6%), Scor (balance) …: Values of insurance will also be regarded as the French Federation of Insurance Companies (FFSA) releases on the market situation and its prospects.

Renault-Nissan: -1.5% 33.34 euros The automaker Nissan CEO Carlos Ghosn, said he received 890 million yen (8 million euros at current exchange rates) for 2009 – 2010, making him one of the best paid bosses in Japan. Carlos Ghosn made the announcement at the annual general meeting of shareholders of the Japanese group, held Wednesday in Yokohama (Tokyo area).This does not include fees paid 1.24 million euros in 2009 he has received as CEO of the automaker Renault, Nissan's largest shareholder with 45.7% of the securities.

PSA Peugeot: -1.25% to 22.5 euros Peugeot Italy announced Tuesday it had signed an agreement with Sorgenia first private operator in the Italian electricity market created and controlled by Rodolfo De Benedetti, to launch its vehicle Electric Ion Italy.

France Telecom: -0.4% to 15.1 euros, the company announced Tuesday it would invest about 515 million euros over the next five years in its network in Switzerland a few weeks after abandoning its planned merger with Sunrise, blocked by the competition authority of the country.

Nexity: -2.35% to 22.4 euros The group announced the launch of its buyback program of up to 4.5% of its share capital, which will be followed by cancellation of shares they will be well acquired. This operation is designed to optimize the management of the group's balance sheet.

Filed under: money, people, resources, special, world by admin Comments Off

As demonstrated by these matriochkas high 13 meters, which will adorn the entrance to Grand Palace, the visit of Vladimir Putin, started Thursday night in Paris, sacrifice largely Franco-Russian folklore. It was under the canopies of this symbolic place of French culture that the Prime Minister and his Russian counterpart, Francois Fillon, will open Friday morning a "Russian national exhibition. Previously, the strongman of the country will have breakfast at the Hotel Bristol with Jacques Chirac, then lunch with Nicolas Sarkozy. Fifteen Russian regions, including the turbulent Chechnya will be represented in Paris. A gathering of Russian masters, especially from the aerospace, automotive or pharmacy, will accompany Vladimir Putin.

France, the ninth largest trading partner of Russia

Unlike the two previous visits of Russian leaders in the capital – in November 2009 and March 2010 – no significant agreement should be concluded. In recent months, Moscow and Paris live on their laurels: the future participation of EDF and GDF-Suez in the pipeline South Stream and Nord Stream, the cooperation of the manufacturer Safran construction project of Sukhoi Superjet 100, the Alstom entry in the capital of the manufacturer of trains, Transmashholding. No room for complacency in the face of inroads by Russian companies in Italy and especially Germany.France is the sixth investor in Russia and the ninth largest trading partner countries.

Ads should be reserved for the visit of Nicolas Sarkozy Economic Forum in Saint Petersburg, June 19, in the presence of Dmitry Medvedev: Arianespace is about to purchase Russian rockets, and Martin Bouygues person would enter the Board Skolkovo, a project of Sophia-Antipolis in Russian, which arouses the skepticism of business.

Negotiations on the Mistral

The future of bilateral economic relations is first suspended negotiations started for the purchase by the Russian navy, a helicopter carrier Mistral. Russia, which is counting on France to help modernize its economy, relies on the expertise of the hexagon.

But Paris is reluctant to give Moscow a part of the military technology of this building.It would, however, a "good deal for the French manufacturer," says Vladimir Putin. "A helicopter-carrier as it cost around 300 million euros," added the Prime Minister who wants to buy a copy and duplicating the other three shipyards in the country. The Franco-Russian friendship has its limits.

ALSO READ:

"The Mistral Russian" lifeline for Saint-Nazaire

"EDF would take 20% of the South Stream pipeline

Filed under: Uncategorized, economics, features, online, opinions by admin Comments Off

The new head of British diplomacy began Sunday evening in Paris on a tour that continues this week in Rome, Berlin and Warsaw. He gave his first interview with Le Figaro in the European press.

LE FIGARO. Largely eurosceptic Conservative Party, to which you belong, has concluded a coalition agreement with the Liberal Democrats, favor, they, to a rapprochement with the EU. What will your European policy?

William HAGUE. This is good news for the EU that we have heard over five years with our coalition partners. This was not the tradition in Britain to have a fixed maturity term of office. The next general elections will be held in May 2015. For our European partners in particular, that political stability should be a good omen.With the Liberal Democrats, it was not difficult to determine what our European policy: this is further good news for the EU, because we will be predictable. The course is set for the next five years: we intend to be extremely active in European affairs so that the EU can collectively weigh in the world. We will also be very active to help European economies to recover growth, create new jobs and new businesses. We'll be tough negotiators, but is not that we should expect from any government?

The economic crisis, financial, monetary and across Europe requires its members to further cooperation. How far will you go on the path of solidarity?

We do not belong to the euro area and we do not rejoin, as stipulated in the coalition agreement.Neither partner will do the same proposal, as long as this agreement. But as David Cameron has said a euro zone healthy is in our interest. We do not want to be part but we hope it contributes to the financial stability of Europe. It is very important to us. Regarding the financial support that Britain could make to the euro area, our position coincides with that of the government of Gordon Brown. Our country faces the heaviest budget deficit in history (aside from the period of world wars) and the priority task is to reduce the deficit to a level where it can be controlled.We are not able to provide other financial guarantees.

So you exclude from participation in a support fund for countries of the euro area in trouble?

The government that preceded us had agreed to participate in one of these funds a few weeks ago. We will assume our responsibilities in fulfilling this agreement. But we will not be dragged further into the euro area. This is not what the British want from their government. It will not offer more than what has already been proposed.

Do you negotiate opt-outs with the EU?

We will discuss with our partners in government. As indicated in the coalition agreement, we want to limit the application of the directive on working time, which we consider too restrictive in Great Britain.We also wish to pass a law requiring a referendum if a future government would go further transfers of sovereignty to the EU. There was a lot of institutional changes in Europe and debate. We must now ensure that the institutions function, can improve economic performance, extending the single market and cooperation in foreign policy. Let us focus on concrete achievements rather than engaging in a new institutional debate.

A bounce or a deepening of the crisis could lead to more regulation. How would you react?

We certainly need to improve how we regulate the banking and financial services. But further regulate the labor market and the business would be in the wrong direction. This is the traditional view of the British.The crisis has again highlighted. We say: Great Britain is open for business. Our next budget in two weeks, will reaffirm the years to come. We hope that our European partners adopt a similar approach.

The EU's foreign policy is lacking, according to you, "determination and consistency." What will you offer?

The situation in Gaza shows that Europeans must contribute to the relaunching of a peace process. All solutions to ensure the delivery of aid to Gaza and trade require a form of international assistance and there is a role for the EU. European nations, when they speak together, can have a particular impact. That the Israeli government to decide whether to accept the fact-finding mission to which France and Great Britain are favorable.In a situation like this, we must unite our capabilities. It is also the case for Iran. We work closely with France to allow the adoption of new UN sanctions. We also want to discuss additional EU measures. Again, the Union can demonstrate its collective weight.

Are there still you think a "special relationship" between Britain and the United States?

Yes, this special relationship exists. I called the alliance indivisible. It is expressed through a wide range of cooperation (diplomatic, military, nuclear, intelligence, economics …). Great Britain and the United States is still the largest investor in the partner. But it is not for us to choose from competing in Europe or France. Both relations, transatlantic and European natural fit.

Afghanistan is a priority.Can you do better than the government of Gordon Brown?

We need a viable political process at the same time that military progress in the field. Of course, it's difficult, but we must remain faithful friends. We will remain strongly committed to Afghanistan. The worst would be to leave an uncertainty reflected in our action. This would only strengthen those who do not want a future of peace. The question is not whether we will continue to make our contribution but how we will.

With France, cooperation in defense looks promising?

We already talked with our counterparts in French when we were in opposition. It is still too early to make announcements: the review of our strategic policy and defense completed in the fall. But we are very open to new ideas and a closer cooperation.David Cameron and Nicolas Sarkozy have already established between them a great working atmosphere. We have many things to do together to ensure the growth of our economies, develop civil nuclear power or act in the field of immigration. The fact that the Prime Minister and I have chosen to perform in France our first bilateral visit abroad shows the enormous importance that we attach to these relationships.

ALSO READ:

"Cameron's first trip to Paris

"The Eurosceptic Cameron Will he attempt by Europe?

"Paris-London: the puzzle of a common defense

"Paris ready to accommodate a Eurosceptic London

Filed under: business, events, international, online, resources by admin Comments Off

Between January 1 and the opening March 31, 2010 at the close, the CAC 40 rose from 3974 points to 3936.3 points. The benchmark index of Paris has "saved the honor by posting a quarterly increase … 1%. Over the period, the Paris stock exchange has hit a ceiling at 4045.14 points, and broke the 3,600 points (up to 3563 points) during the month of February. A substantial gap of nearly 500 points.

On Wall Street, the quarterly performance of the Dow Jones was 4.1%, the S & P 500 by 4.9% and the Nasdaq 5.7%. The three indices are changing around their highest levels in eighteen months.

The U.S. employment figures on the radar screens

For this Easter weekend, financial markets are closed Friday and Monday.As a result, the report on employment in the United States does not have its usual role of "market mover", that is to say strong influence on investor sentiment and therefore the indices dung beetles.

It could affect the opening and the trend on stock markets next week. "Investors need to be reassured about the strength of the U.S. economy. The employment statistics are a key indicator ', warn analysts Aurel BCG.

The consensus expectations are high: 180 000 new jobs. They reflect the expectations of hiring by the Census Bureau for the 2010 census and the reintegration of excluded jobs from the February estimate because of snowstorms.

For Aurel, "these forecasts seem overly optimistic." And ADP announced Wednesday 23,000 job cuts in private in March, while the market anticipated 40,000 new jobs.Caution is therefore on the eve of the long Easter weekend.

Filed under: international, online, publications, resources, technology by admin Comments Off

"It should stand on a cow so we can better see!" At the Salon of Agriculture, a crowd of onlookers quickly formed over the course of Nicolas Sarkozy, despite an early arrival more than expected Saturday morning. Instead of starting the tour at 9:30 am as originally indicated, Nicolas Sarkozy has surprised almost all journalists arriving one hour ahead.

Young contestants of agricultural schools, farmers horses, cattle, sheep and also butchers and florists … the president has sacrificed tradition and spent two hours in the aisles at the meeting of agricultural sector in deep trouble .After the walkabout, he announced new measures to help during a roundtable discussion with farmers.

"It must protect us against disasters"

Among the notable events of the morning, Nicolas Sarkozy held talks with Jean-Paul Rault, sheep farmer in the Vendee who lost almost all of his flock during the storm Xynthia. "I told him he should protect us against future catastrophes, because once again, I will, but not both," says the farmer of Walnut St. Radegund. Only were rescued sheep that was brought to Paris for the Salon.

"The president said he would not let us down, it would help us rebuild. And he would see us in Vendee, "says Jean-Paul Rault. The farmer said he was heartened by the presidential speech? "I have no a priori," he replies."We have seen figures for the help, we'll see what it will serve."

Video – flying over the farm of John Paul Rault after the passage of Xynthia:

More politics, the meat industry has questioned the head of state … about Greece. "He seemed surprised and not really know, but I asked him to be very vigilant on the Greek question: is our first export customer with 70,000 tonnes," explains Denis Sibille, president of Interbev, the inter-beef, mutton and horse. "The number of failures is very high and we refrain now to export, where a shortfall."

"Less talkative than President Chirac"

The exchange was more lively with the representative of the Federation Nationale Bovine (section FNSEA).Jean-Paul Fleury asked Nicolas Sarkozy less listen to his Environment Minister Jean-Louis Borloo, and arbitrate more often for his "excellent minister of Agriculture, Bruno Lemaire. "The arbitrage is my job, I do those I do," replied the president.

As tradition dictates, the President has offered a basket of food to stand craftsmen butchers. A prime rib and leg of lamb. "Just as with Chirac, I am sure that the meat was consumed, as with Nicolas Sarkozy, I'm not really sure," said Jean Claude Obriot however, the vocational school of the Butcher."And then he is less talkative than President Chirac," remembers the butcher who hosts the Salon chairs for ten years.

Just curious still, Nicolas Sarkozy was stubborn to know what wood sticks were made of young agricultural college Laurent Sainte Marie in the Pyrenees-Atlantiques. In Hazelwood, they replied. A medium hard wood, semi-flexible, especially light. Ideal for tapping the side of the animals and move them forward.

ALSO READ

"Nicolas Sarkozy discrete Agriculture Exhibition

"Sarkozy expected to firm up the Salon of Agriculture

»BLOG Eric La Chesnais – The pen in the fields

Filed under: money, publications, resources, special, top news by admin Comments Off

It is signed. Center National d'Etudes Spatiales (CNES) signed on behalf of French and Italian Ministers of Defense and the Italian space agency agreement with ThalesAleniaSpace and Telespazio, the two subsidiaries space common to Thales and Finmeccanica, the after which it entrusts the manufacture of a military communications satellite and security to both countries.

The contract worth 200 million euros mark the first successful cooperation in this field in Europe . This after the failed attempts with Germany and Great Britain. The satellite, named Athena-Fidus be produced partly in France and Italy in the facilities of both companies in Cannes and Toulouse and Rome. It must be placed in orbit in 2013 and enter service with the aftermath.It will be used by the military and civil security services French and Italian.

Filed under: Uncategorized, economy, life, people, resources by admin Comments Off

"The talk also follow on Twitter: @ letalk

At Davos, Sarkozy denounces the excesses of capitalism

"Should we maintain public support savings?

Filed under: economics, online, opinions, top news, world by admin Comments Off

Optimism seems to return, according to the green that dominates in all the places in Asia on Thursday. In Japan, the Nikkei, which yesterday had touched his lowest level in 5 weeks (-0.71%) opened in the green (0.56%) and strengthened its position in this direction in mid – meeting. He ended the session on a strong growth of 1.58% to 10,414.29. The broader TOPIX, gaining 0.73% to 914.32 points.

This rebound is in the wake of Wall Street. The day before the U.S. financial markets finished the session on a positive note, 0.41% at 10,236 points. The meeting had started yet at equilibrium (0.01%) before plunging into the red to the publication of statistics on disappointing U.S. housing (the new home sales are sales fell by 7.6% In December, the lowest since March).But the long-awaited findings of the Monetary Policy Committee of the Fed have given balm to the hearts. The Fed decided in fact to maintain its historically low interest rates, arguing that economic recovery is not strong enough to overcome them.

This morning in Asia, the speech of Barack Obama after market before Congress was relieved. This has highlighted the support to economic activity without announcing new initiatives in banking regulation, which has relieved investors.

In Davos, the words of Nicolas Sarkozy on the need for regulation of global financial system did not disturb investors paydayloans .

Canon and Sony in stars to the Tokyo Stock Exchange

Japanese markets were also supported by expectations of Canon (+1.8%) table for 2010 that the first increase its annual profit in three years.Sony has also pulled the index up (+4.93%) after a newspaper article that the group will publish a quarterly operating profit above consensus.

Now, from Asia, all eyes turn to the applications weekly unemployment benefits to be published by the United States at 14:30, at the same time that orders for durable goods in December.

Green invaded other Asian stock markets

Elsewhere in the region, same atmosphere. In Shanghai, the Shanghai Composite gained 0.31% to 2995 points. In South Korea, the KOSDAQ index jumped 1.47% to 3481 points

In Australia, the S & P / ASX 200 gained 0.62% to 4673 points.

The Stock Exchange of Hong Kong, which also opened up, takes 1.81% to 20,396 points.

Oil prices drop

Note that crude prices were higher in Asian trade after a substantial decline from yesterday.The barrel of light sweet crude for March delivery took 11 cents to 73.78 dollars, while that of Brent North Sea at the same maturity, gained 14 cents to 72.78 dollars.

Filed under: Uncategorized, business, economics, economy, world by admin Comments Off