hn88's Blog

March 13, 2008

The Foreign Exchange is the largest financial market in the world, with trillions of dollars traded each and every day. Initially utilized just by large banks, multinational corporations and extremely wealthy currency speculators, the influx of online brokerages tailored to the retail market has created a vibrant retail foreign exchange market! Now, with a relatively small initial investment, anyone with an internet connection can take advantage of the online Forex market.
While banks and large multinational corporations generally execute foreign exchange transactions simply as a function of doing international business or to hedge their base currency to protect against devaluation, currency speculators exploit fluctuations in the foreign exchange market exclusively for profit. While trading currencies is a bit riskier than trading other instruments, like stocks and commodities, the potential for profit is unparalleled. For example George Soros, perhaps the most successful Forex trader, made $1 billion in a single day when he sold the pound against the dollar in 1992.


The major currencies traded on the foreign exchange are the US dollar, the Eurodollar, the Japanese Yen, the Swiss Franc, and the British Pound. These different currencies are expressed as pairs. When these pairs are traded, one of the currencies is bought and the other currency is sold concurrently. Today, anyone with an internet connection can trade these pairs under the same conditions once reserved for high value individuals and corporations. Most retail brokerages offer real time currency prices, instant execution, advanced charting features and extensive real time news and analysis feeds.


If you are interested in trying out the foreign exchange, we have assembled a list of quality brokerages that offer free “fake money” accounts where one may trade in real market conditions. Not only is their immense profit potential in the Foreign Exchange market, it is quite exhilarating as well. Why not give it a shot?

http://huynhnam.blog.dada.net

sb
March 13, 2008
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sb
March 11, 2008
Sorry, but the blog post could not be located.
sb
March 11, 2008
Two people were killed when a USA-marked bomb leftover from the war exploded in Tan Dinh Commune of Binh Duong, immediately to the north of Ho Chi Minh City, on March 8.

A 500- pound bomb exploded on a 500 sq. meter farm belonging to Mr. Dau Ngoc Xuan in Hamlet 1, Tan Dinh Commune of Tan Uyen District, according to a statement by Binh Duong Province Military Headquarters.

Mr. Nguyen Van Thanh, 30, of Hamlet 1, and Mr. Vu Van Dung, 20, of Cay Chanh Hamlet were killed attempting to dig up the one-meter-long bomb. Both hamlets are part of Tan Dinh Commune.

The blast destroyed Mr. Xuan‘s unfinished house, burnt many cashew trees, and knocked down all 100 rubber trees growing on the farm.

A similar explosion also took place in Tan Uyen District one month ago, also killing two.

http://xnvn.blogspot.com
sb
March 11, 2008
Viet Nam has been listed as one of the top five shipbuilders in the world by Fairplay magazine.

Viet Nam Shipbuilding Industry Group (Vinashin) President Pham Thanh Binh says the country’s shipbuilding sector is on track to becoming the fourth largest in the world by 2015.

He says the industry has never had such bright prospects and cites the delivery of two 53,000-tonne ships to the UK in June last year as Viet Nam ’s passport to the world market.

Vinashin now has almost 200 shipyards nationwide and the capacity to build oil tankers greater than 300,000 tonnes.

It has received orders to build ships worth about 6 billion USD, including 4 billion USD from countries with advanced shipbuilding technology such as the UK , Japan , the Netherlands and Germany .

This year, Vinashin’s subsidiary Pha Rung Shipbuilding Company began construction of a 13,000 DWT oil tanker for a Greek partner. Nam Trieu Shipbuilding Company also won a 280 million USD contract to build four car carrying ships, one of which is now under construction.

However, Vinashin General Director Nguyen Quoc Anh says that while the company has now made its initial 2015 target to be the fifth biggest shipbuilder in the world, there are still some issues that need to be addressed.

Currently, only about 30 percent of the materials and services required to build ships comes from Viet Nam . The industry has to import most of the materials and engines and use international consultants and supervisers on building projects.

In a quest to have 60 percent locally-made materials supplying the industry by 2010, and 75 percent by 2015, Vinashin has set up large shipyards in three regions of the country.

It has invested heavily in the subsidiary industry and now owns 18 industrial parks and diesel hydraulic engine and steel plants.

Vinashin has also invested in developing the industry’s labour force and says this is an important element in its strategy to develop the sector.

The group annually sends technicians to Poland , Japan and Denmark for training.

http://xnvn.blogspot.com
sb
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