Mainland China and Hong Kong stock market fell sharply, but China again this year, surpassing the United States to become the global initial public offering (IPO) and the total funding countries with the highest. Data providers, according to Dealogic, this year, in Shanghai, Shenzhen and Hong Kong IPO enterprises a total funding of nearly $ 73 billion, almost twice that of the New York Stock Exchange and the Nasdaq two major markets for IPO Financing for the total. Hong Kong's IPO fund-raising totaled $ 30.9 billion, the third consecutive year won the global crown. In contrast, the total financing of the New York and London Stock Exchange were $ 30.7 billion and $ 18 billion. Enterprises in Shenzhen and Shanghai stock market raised more than $ 41 billion, fell to a three-year low. These results did not reflect a substantial weakening of this year, the Chinese mainland and Hong Kong stock market trading liquidity situation. Nearly $ 73 billion in total funding is not yet half of last year. Contrast, the U.S. stock market IPO total funding this year, fell by only 6%. The last time the U.S. topped the IPO fund-raising total top 2008.
Times of India: State Bank of India the government Rs 60 billion capital injection
"USA Today": 2011 U.S. auto industry sales reached the highest level since 2008
"The Guardian": the euro against the dollar on Wednesday, 11-month low
Daily Telegraph: Britain in 2012, the employment situation for 20 years, "the worst"
The Indian Government is prepared to provide 60 billion rupees of funds to India's largest public sector bank, State Bank of India, which is a part of the 1600-1700 billion plan, the Indian government to inject public sector banks. Of India Ministry of Finance earlier this week sent a letter to the various public sector banks, asking them to prepare for good government in the coming months the Government's capital injection, although the formal announcement will be announced in the budget report. The Indian government injection behavior will help to enhance the share capital of at least six banks, including Bank of India, Union Bank of India, Syndicate Bank, and Baroda Bank. Receiving injection of banks will be dispensed to the government preferred stock, the Government's stake will rise at least to more than 58%. After three years ago, the financial crisis, the Government decided that the stake of state-owned banks will upgrade to more than 58%, and at least hold a capital adequacy ratio above 8%.
In Saudi Arabia, Iran blocked a major Middle East oil transport line, it will increase crude oil production to compensate for the loss on Thursday after the standard New York crude oil prices fell to $ 99.36 a barrel and London Brent crude closed at $ 107.56 per barrel. The U.S. Navy warned that any damage to the Strait of Hormuz shipping are "intolerable". Thursday, Vice President of Iran said that Iran is ready to close the Strait of Hormuz, the route of oil transportation accounted for one third of the world. Saudi Arabia an oil official said that once Iran block the Strait, Saudi Arabia and other Gulf oil producers will increase crude oil production. Not authorized to talk about it, so he did not disclose his name. Although the blockade will lead to customers in the region longer crude oil prices are also higher, but the official did not elaborate on whether they will use other waterway World Pipe network informed. Some analysts believe that the Iranian threat is verbal rather than reality.
U.S. automotive website TrueCar.com, expected 2011, the U.S. auto industry sold a total of 12.8 million cars and trucks, the highest level since 2008. The forecast means that production this year than in 2010 increased 1.2 million. In 2008, the economic crisis began, sales of the automotive industry to quickly reduce the manufacturer had sold only 13.2 million cars and trucks. Toprak, TrueCar.com vice president pointed out that this year sales month, is expected in the coming year the industry will maintain a healthy and sustainable growth rate. The company forecast 2012 sales of cars and trucks will be increased to 1,380 units. In addition to Honda and Toyota, all the major car manufacturers World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , new car sales than last year growth, Hyundai / Kia recorded the largest increase is expected to reach about 28% TrueCar.com analyst Anderson said.
The Japan Times: Japan Automobile Association hopes that the green car stimulus plan to save the auto industry
The Japan Automobile Manufacturers Association (JAMA) in the current era of the strong yen and weak economy, the Government launched a new green energy car incentives can help the Japanese automotive industry in 2012 sales growth target of 900,000. Shiga Jun, chairman of the lobbying group that we hope the incentives will play the same role of similar schemes in the past. December 20, the Japanese government approved a 300 billion yen worth of auto industry stimulus plan, designed to boost domestic electric vehicles, hybrid vehicles and other environmentally friendly car sales. The decision earlier this month by the government is still green car tax deadline extended from April next year to the next three years. The Japanese automotive industry is an urgent need to stimulate, by the yen a record high, the massive earthquake, as well as parts supply disruptions caused by the flood of Thailand impact the Japanese automotive industry suffered a major blow.
Wednesday, the euro against the U.S. dollar and Japanese yen exchange rate fell by about 1%. The euro fell to $ 1.291 for the lowest level in 11 months, while the euro against the yen fell to the lowest level in 10 years. The data show that eurozone banks the European Central Bank injected money saved up, rather than lending it out, for 2012 of the European economy, a bad omen.
Financial Times: China IPO total funding over the United States
The Chartered Institute of Personnel and Development Association (CIPD) annual employment report Wednesday said the United Kingdom in 2012, the employment situation is the worst may be over the past two decades, facing a surge in unemployment "serious risk". The report is expected in the United Kingdom next year will be 21 million people joined the ranks of the unemployed, to make England the number of unemployed reached 285 million, while the unemployment rate rose to 8.8 percent. Time in England, the unemployment rate of 8.8 percent in 1991, when the British recession. CIPD's report, the UK public sector will lose 120,000 jobs next year and predicted that UK economic growth next year is 0.4 percent, down from 0.9 percent this year.
The New York Times: Indian solar energy industry into large-scale development of
Washington Post: Saudi Arabia said that if Iran blocked the Straits will make up the crude oil gap
Two years ago, India's policy makers in 2020, they will substantially increase the country's use of solar energy, to achieve the level of two megawatts. Many analysts believe that the target was difficult to achieve. As the government to implement a proactive subsidy policies, as well as the global solar panel prices fall sharply, many developers began laying solar panels on the plains of northwest India. At present, India uses about 140 megawatts of solar energy. Analysts said megawatts national goals can be achieved, and India may even prior to 2020 could reach the figure. Indian solar energy industry executives to the industry is booming due to government policies, in recognition of this is usually rare because of the country's regulatory policies are often criticized the absurd and bizarre. India's solar production industry size is not large, but is trying to develop, while China also unveiled a new interest in India's growing demand.