Word: moneys
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...Asia to rebound on Monday. Nevertheless, the Dubai debacle is just the kind of dangerous unknown that can still arise out of the financial crisis, even while a general recovery is under way. Financial crises change the rules of the game, especially when it comes to determining how money flows, and where and to whom. Perceptions of risk among bankers and investors can change - but the ramifications of that change are often delayed, and not easy to predict. (See the top 10 bankruptcies...
...more in poverty," World Bank President Robert Zoellick recently wrote in the Financial Times. Property-market analyst Nicole Wong at brokerage CLSA argues that Hong Kong may inevitably be heading for "another boom and bust" in its real estate sector, due to a combination of tight supply and easy money. "The answer to the question could there be a property bubble in Hong Kong is yes," she says...
...better this past weekend. ComScore, a digital research firm, estimates that cyber sales on Black Friday totaled $595 million, making it the second heaviest online spending day so far in 2009 and up 11% from Black Friday 2008. PayPal said it saw a 20% increase in the amount of money people spent using PayPal to purchase items this Black Friday from last year and a 140% spike in the volume of payments made by mobile phones. The mobile-phone transaction increase indicates that buyers shopping at brick-and-mortar sites were likely price-checking items with their mobile phones...
...shrugs Anna Depoli, a Milanese secretary waiting to take her seat in Quelli Che ... Il Calcio's audience. "If you're a velina, then you have the chance to get to know football players, and if you marry them, you could end up with a lot of money." (See Berlusconi's top 10 worst gaffes...
...adherence to stringent technical, legal and ethical standards. Ignoring the rules can result in losing one's job. Why? Because if these things are constructed poorly, people will get hurt. Since Wall Street is in the business of "engineering" markets in order to make the greatest possible amount of money, why shouldn't they be licensed and held to similar standards? Mark Revis, MORENO VALLEY, CALIF...