Posts Tagged ‘ Hong Kong ’

The Foreign Exchange Business

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The Forex market is a global and open market that is used to trade foreign exchange currencies.  Currency exchange operations in the Forex market take place on a 24 hour basis with the exception of the weekends.

In international business, currency conversion is required on a daily basis.   Global Financial Centres such as London, New York, Hong Kong act as hubs for buyers and sellers to trade in financial instruments.  Typically, the income for such FX trades comes from the largest players in the financial market like  BNY Mellon, Goldman Sachs and Citi.    Traders deal Dollars, Euros, Yen etc. on behalf of investors (the investor profile typically being large institutions). Continue reading

NekNominate Trend Gets a Socially Responsible Relaunch

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Random Acts of Kindness are set to replace 12 shots of tequila in a charitable re-imagining of the recent viral drinking game NekNominate. Instead of downing dangerous quantities of alcohol, players are nominated via social media to perform a random act of kindness (RAK).

This positive twist on the original trend was inspired by Brent Lindeque, a South African with a social conscience. Thousands of others have now taken part in RAKNominate. Nominees have given out food and money in Hong Kong. One participant donated her hair to make wigs for unwell children. Schoolchildren have been sharing their sandwiches with those in need. Everyday Joes have been buying dinner for hardworking guys trying to earn just a few pennies a day. All of these kindnesses have been triggered by an irresponsible social media trend. Proof that social media can be a powerful tool for good. Continue reading

WWE Network To Launch In Ireland Later This Year

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WWE Network, the first-ever 24/7 streaming network, will launch in Ireland in late 2014/early 2015, featuring all 12 WWE live pay-per-view events – including WrestleMania – valued at more than $600 per year for $9.99 per month with a 6-month commitment. WWE Network will also include groundbreaking original programming, reality shows, documentaries, classic matches and more than 1,500 hours of video on demand at launch. Continue reading

Snow Joke As Edward Gives America The Run Around

The United States has increased pressure on Russia to hand over former U.S. spy agency contractor Edward Snowden, who is believed to be hiding out in Moscow while waiting for news of an asylum request to Ecuador.

However Russia’s foreign minister Sergei Lavrov has said that Snowden has not crossed into Russian territory, rejecting US demands to extradite the National Security Agency leaker, who continues to evade justice.

Lavrov said that accusing Russia of “violation of US laws and even some sort of conspiracy” with regard to Snowden is “absolutely ungrounded and unacceptable.” Continue reading

Lions Hoping For A Real Test Against The Reds

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Having thumped the Barbarians in Hong Kong then routed the Western Force in Perth, the Lions are now in Brisbane to take on the Queensland Reds.

The Reds have encouragingly picked as strong as team as possible minus their seven Australian squad members Genia, Slipper, Horwill, Ioane, Gill, Simmons and Saia Faingaa. The Reds squad still has plenty of quality and brawn and will

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Lions Ready To Break The Force

 

The Lions Tour to Australia officially kicked off last Saturday in Hong Kong as the Lions comprehensively defeated a lacklustre Barbarians side 59-8 in a match that fulfilled their commercial obligations en route to Oz. This was as far removed from a Test match as they will experience and the real opposition in the Ex-Pat citadel was the weather with temperatures as high as 30 degrees during the game and with unbearable humidity to boot. This was a training session conducted in extreme conditions – think literally the polar opposite of the cryotherapy chambers that the Welsh team have trained in previously under Lions Head Coach Warren Gatland to get some sort of idea of the extremity of it. Now that everyone seems to have come through unscathed and having run in a number of tries we can move onto the real business. After the Test series this chapter will either be lauded as great prep or pure madness; only hindsight really knows. Hong Kong was the prelude and with the Lions reaching Perth, the most Westerly city in the Australian continent and home to a booming mining industry, this much anticipated tour Down Under starts in earnest when they meet the Western Force this morning (11am kick off Irish time). Continue reading

Lions Acclimatise With Routine Victory

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The British & Irish Lions kicked off their tour in Hong Kong on Saturday in what was certainly an unconventional match featuring water breaks to combat the high temperatures and players bucketing out sweat before they even took to the pitch. It was an odd game too in that the Lions did show some promising cohesion at this early stage but they were probably flattered by the complete lack of it in the Barbarians side that really wasn’t equal to the sum of its parts.

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Lions Aim To Hit The Ground Running Against Barbarians

 Lions-2013-33099371,425 days since that third test in Ellis Park, Johannesburg and after months of speculation on selection the waiting is nearly over, the day is nearly upon us. The first warm-up game against the Barbarians kicks off tomorrow in the sweltering heat of Hong Kong. Its put up or shut up time for the Lions party. The players will be glad to see the day arrived and finally get on the field to prove to everyone why they have been selected.  Paul O’ Connell takes over as captain as Sam Warburton has been rested after picking up a knock in training. Expect Warburton to be ready for the Force in Perth on Wednesday night. O’Connell’s selection as stand-in captain won’t surprise anyone having lead the team on a full-time basis four years ago and one thinks everyone in the camp wouldn’t argue either.  Now don’t get me wrong there will be nothing “warm up” about any of the games outside the test matches with every side relishing the chance to cause an upset so Saturday and the rest of the pre-test matches will be hard-hitting, fast and very competitive, exactly what the Lions will want in preparation for the three tests against the Wallabies. Continue reading

O’Connell Named As Lions Captain Against Barbarians

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Paul O’Connell will captain the British and Irish Lions this weekend when they face the Barbarians on Saturday.

O’Connell takes charge of the team because of injury to Lions captain Sam Warburton which ruled him out of the game.  The 2009 tour captain is also the only Irishman named in the tour opener this weekend with nine Welshmen being named in the starting 15. Continue reading

Italian President To Establish New Government As Berlusconi Resigns

Italian President Giorgio Napolitano will today begin the crucial political process of deciding how to establish a new government in order  to cement a stable political and economical future for his country.

This move follows last night’s announcement by Prime Minister Silvio Berlusconi that he is to resign, despite his claims a day earlier that he would remain in office.

The transition will take a number of weeks, as both houses of parliament must first pass key reforms demanded by the European Union to cut the country’s debt and boost economic growth.

As of yet, it is unclear if a new coalition government will take power or if there will be a general election. Many critics have argued that the last thing the country needs at present is an election as it will lead to huge cost and may also destabilise the leadership of the country at a time when they need it most.

Italian stocks opened 1.38% higher this morning following Berlusconi’s announcement, while the Euro was steady against the dollar in Asian markets with The Hang Seng in Hong Kong and the Nikkei in Tokyo both increasing by 1%.

President Napolitano is faced with a tense few weeks as he attempts to steer Italy through a political crisis at a time when the country’s financial independence is under threat from France and Germany.

The financial markets would hope that the controversial Berlusconi could be replaced by a technocratic coalition, which would introduce overdue but deeply unpopular economic reform, such as in the area of pensions.

Berlusconi said today he sees Italy holding early elections at the start of February and that he will not be a candidate for office again.

“I will resign as soon as the (budget) law is passed, and, since I believe there is no other majority possible, I see elections being held at the beginning of February and I will not be a candidate in them,” he was quoted as saying in a conversation with the editor of La Stampa newspaper.

As the negotiations get under way, a series of economic reforms demanded by the EU should go through both houses of parliament, possibly as early as 15 November.