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September 5th international financial headlines

Release Date:2012-05-05  Hits:246
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As more and more users use the iPhone and other smart phones, the those sales continue to claim that they introduced new applications from the hardware to the latest market products that will help shoppers adequate out of the door will be able to do anything, including from the check store inventory to buy drugs. Retailers that may encourage Americans to excessive consumption of poor economic times by phone to sell their products. But so far, consumers more to use the phone to obtain location and compare prices, rather than clicking "Buy" button. Partly because they find it difficult to a few small pictures on the screen alone make a purchase, and they are worried that your credit card information entered into the phone on unsafe world pie network information .


British Conservative Party, two backbenchers in the new book co-published, suggested that it should force the Bank of the average salary and bonus of each management to prevent the subject of the City in the pay of women in male-dominated unfair treatment. This two Members Matthew Hancock (Matthew Hancock) and Zahavi (Nadhim Zahawi), in which Hancock in the last year elected to Parliament before the British Chancellor of the Exchequer, George Osborne, the chief economic adviser. They said the City is full of male hormones "culture is the source of the prevalence of reckless investment and led to the credit crunch. They argued that if financial executives in the male-dominated status quo, not change quickly passed legislation to increase the number of women in the financial company boards. They also want to force the Bank of the average salary of each management by sex, this could make female staff know, they get paid whether male colleagues.


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due to growing concern that the UK financial sector reform may prompt an exodus of major UK banks, destroy jobs and stifle economic growth, the British Prime Minister Kameilunxi significantly dilute the independent committee of the Bank of England (ICB) on the envelope (ring-fence) any recommendations of the British retail banking. Cameron, senior government officials, said he hoped to continue to work with the Bank on the reform discussion, and any split retail and investment banks and increase bank capital proposal review. Downing Street sources said Cameron believes that he will now have to "take over" the debate on banking reform, and said he thought the economic growth should take precedence over the bank regulatory reform. Sources have made clear that this is not just to postpone the banking reform, but reform itself from a fundamental rethinking. The source said, Cameron hope to focus on the bonuses, loans and other banking reform has been achieved, and send a clear signal to the market, government support of the British banking.


"Financial Times: Bank of England to consider more economic stimulus policies


Daily Telegraph: David Cameron wants to dilute the British financial sector reform


Japan Times, Toyota will be manufacturing in China, the new Prius


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"The Guardian": UK Conservative Party members called for measures to reduce gender discrimination in the City


the U.S. Postal Service has always been to rely on financial strength to survive, but the agency had never faced such difficulties as they are now: the institution's cash holdings is very low, the agency will not be able to pay a sum to be the amount of $ 5.5 billion due this month, and if Congress does not take urgent measures to stabilize the agency's financial, may be completely shut down this winter. In recent weeks, the Director-General of the United States Postal Service Patrick Donahoe has been promoting a series of painful spending cuts to reduce the deficit of the agency. These measures include stop Saturday delivery service, close up to 3700 post offices and lay off 12 people. Postal Service from a very harsh reality: a reduction in income, while expenditures are increasing. The officials of the agency warned that sometime next year, the agency's cash will run out, that time will not be able to pay staff salaries and to truck refueling, prompting it to stop the e-mail to send and receive services.


New York Times: The United States Postal Service is facing bankruptcy risk


Washington Post: Dell / IBM lost to competitors in the United States government procurement market


"USA Today": mobile shopping thunder, little rain


Times of India, the Asian Development Bank provided $ 500,000,000 loan to India transformation railway


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U.S. government agencies began a belt-tightening and the discretion of the procurement contracts, as the largest supplier of U.S. government computer products and services, Dell and IBM are lost to competitors. In fiscal year 2010, 70 by the U.S. General Services Administration procurement contract value of $ 16.03 billion, down 4.7 percent compared with $ 16.8 billion in fiscal 2007. These contracts include hardware and software providers World steel pipe network editing . Compared to fiscal 2009, Dell's contract amount decreased by 3.4%, IBM dropped 23 percent, but the amount of both contracts combined is still in the lead, a total of $ 1,390,000,000. Fiscal year 2010, the biggest winner of the Science Applications International Corporation Computer Sciences Corporation, their total contract value of $ 667.9 million, with sales increased by 17% and 14% respectively.


the Bank of England policy makers attitude is a significant change in interest rate-setting committee this week Topics of the conference will focus on the need for more monetary stimulus policies in the UK. In July this year, two members of the central bank's monetary policy committee, senior economist at Brisbane Joseph Dell and external members Martin Wheeler are supported by 25 basis points rate hike to curb inflation. However, in recent weeks, Wheeler not only recovered his remarks on the rate hike, but also said the economy needs more stimulus measures in the next few months. The economists said that meeting the issue may not be the economic stimulus is necessary, but on how to stimulate and when to stimulate.


Toyota Motor Company said on Sunday that the plan received by the market of new Prius models manufactured in China, in order to improve the sales of new energy vehicles in the world's largest auto market. From 2005 to 2009, Toyota and China FAW Group co-production of second-generation Prius Sri Lanka, has been received Chinese government approval to produce the third generation Prius models. Over the years, the Toyota Prius' key components, such as batteries and engine production arrangements in Japan and then exported to China, Toyota said it will gradually shift production to China. Toyota said that the yen exchange rate fluctuations in the production of electric cars and hybrid vehicle components, designed to avoid.

Following is the world's major media financial headlines: September 5


Asian Development Bank to provide $ 500 million loan to India to improve India's rail infrastructure. Headquartered in Manila, Asian Development Bank, the Council issued a statement said it would provide $ 500 million loan for India's Railway Sector Investment Programme (RSIP). The project will build the railway line on the existing rail electrification transformation, install a new signal system, the transformation 蒂斯加尔邦, Orissa, Maharashtra, Karnataka, Andhra Pradesh passenger and freight railway line. The Asian Development Bank, will improve the operational efficiency of the Indian Railways to provide support. The loan term of 25 years, a grace period of five years. Government of India will provide an additional $ 644 million for project funding, total project cost is expected to more than 1.1 billion U.S. dollars.


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