Word: trader
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...instructive artistic experience. A horror-movie revisionist, Peli follows a less-is-more strategy. He knows that waiting for the big scary jolt does more damage to the nervous system than getting it. The tension builds slowly, as the apprehensive Katie, a student, and the skeptical Micah, a day trader, feel the first emotional tremors. The movie keeps us in its grip because we never leave the couple's haunted property and because all we see is what the camera has recorded when held by Micah or Katie, or when left on at night to monitor their bedroom. That claustrophobia...
...Although the rupiah could suddenly weaken against the dollar and shave off a significant chunk of a trader's profit, "If your carrying spread is wide enough, you'll comfortably take the currency risk," says Johanna Chua, chief economist with Citigroup in Asia. In fact, Chua says, the dollar carry trade has become so widespread among traders in Asia it has even triggered buying of more exotic and illiquid currencies like the Sri Lankan rupee. "That's the ultimate carry trade," Chua says...
...dollar didn't always enjoy the dubious honor of being the global currency a trader could most cheaply borrow. For much of the last decade Japan has been the world's largest moribund economy, with an economy so weak the Bank of Japan never dared to lift interest rates significantly above zero. During this time the Japanese yen was the currency traders loved. No longer, it seems. "The yen has become the least obvious carrying currency," says Credit Suisse's Desbarres, mainly because the near-zero interest rates Japan once exclusively offered are now available from central banks across...
...blogger's arrest follows the detention of two other writeres. On Aug. 27, a blogger named "Wind Trader", whose real name is Bui Thanh Hieu, accused the Communist Party of rolling over when it came to China on his blog, and was also critical of the government's handling of the controversial mining project and its territorial disputes with Beijing. A day later, authorities arrested Pham Doan Trang, a 31-year-old journalist working for VietnamNet, a reform-leaning, online website, which, like all domestic media in Vietnam, including blogs, is under the control of the government. Trang covered...
...boss in the hurly-burly of the Boston Irish. It was the urban century, long dominated by men like John (Honey Fitz) Fitzgerald, the machine mayor of Boston whose daughter Rose married Joe and became the Kennedy matriarch. It was the century of the Roaring Twenties, and no stock trader or reputed rum runner roared louder than Joe Kennedy did. The century of Franklin D. Roosevelt, who played a long cat-and-mouse game with Joe's bottomless ambitions. The century of Hollywood, where Joe and his older sons cavorted among the starlets...