Saturday, June 9, 2007

regional property investment

UK 'less risky' for property investment

In news which may be of interest to first time home buyers looking to invest, the UK is a more stable place to spend than some overseas locations, an expert has claimed.According to Andy Smith, managing director of 1st Property Investment, the UK property market enjoys the protection of a "robust" legal system and greater transparency, which may be attractive to first time home buyers looking to invest for the first time.Indeed, according to Mr Smith, those investing in countries such as Spain may find themselves in a situation where despite taking precautions, they do not own the land their property has been built upon."I think a lot of English people run off to places like Spain and Italy to make their fortune, and Bulgaria, without looking at the facts, and they tend to get stung quite regularly," said Mr Smith."We have one of the [oldest] and [most] robust legal systems in the world," he added.Based in the UK, 1st Property Investment has provided investment assistance to more than 2,500 clients.To find out how to get onto the property ladder by buying to let in a different location click here.

hd stock footage

DMO Launches Free Blogging Community

DMO (Digital Media Online) has officially launched the Blog Zone blog portal, the latest member of the DMO (Digital Media Net) portfolio of publications serving the digital media content creation market. With the Blog Zone (BZ), DMO now offers five distinct portal communities, including DigitalMediaNet.com (DMN), BroadcastNewsroom.com (BN), ConsumerElectronicsNet.com (CEN), and ITBusinessNet.com (IBN).

The Blog Zone (http://Blogs.DigitalMediaOnlineInc.com) offers multiple levels and types of free blogs for users and readers alike.

One Blog Zone area consists of our Star Blogger community. These are blogs run by industry leading technologists and writers who focus on a variety of topics, ranging from media production to visual Click for the lowest price on dmnobieblankeffects');" onMouseOut="hideAd();" class=Hotlink>effects to consumer electronics and information technology.

currency exchange rates

Rising yuan marks key milestone

BEIJING, May 9 -- The central parity rate of the renminbi broke the 7.70 barrier against the U.S. dollar Tuesday as the U.S. Congress on Wednesday starts a hearing on China's alleged exchange rate manipulation.

The mid-point rate stood at 7.6951 yuan to one greenback Tuesday, the first trading day after the week-long May Day holiday, according to the Chinese Foreign Exchange Trading System.

It was a gain of 104 basis points from the reference rate of 7.7055 on the last trading day before the holiday and the highest since it was de-pegged from the U.S. dollar in July 2005.

The yuan hit a new high for the 27th time this year.

Although it breached the psychological barrier of 7.70, it only shows that the currency is strengthening vis a vis the US dollar and does not have any special significance, said Yan Qifa, an economist with the Export-Import Bank of China.

swing resistance forex

Euro reverts to 2002 level pressured by foreign speculators

The euro fell to its lowest level in Bucharest yesterday since December 2002, after both local and foreign stock market players placed aggressive "buy" orders for RON on the stock market.

The NBR calculated an exchange rate of 3.3477 RON at one euro, the lowest published since the beginning of December 2002. The euro has fallen by more than 1.3% at the official exchange rate in March alone.

Rates decreased even further on the forex market, with the euro reaching a low not seen in four years of 3.3270/3.3320 RON, almost 0.8% below the level at which it had started the day. .

brokerage firms

Source: PORTAL Insurance Agency, Inc.

WALNUT CREEK, Calif., May 3, 2007 (PRIME NEWSWIRE) -- Personnel Insurance Services Inc., a benefits administrator and insurance agency serving the needs of the non profit community announces it is changing its name to PORTAL Insurance Agency, Inc. The new name reflects PORTAL Insurance Agency's expansion of services for its clients and trust affiliates beyond their highly regarded outsourced benefits administration program. The company remains the administrator for the United Group Insurance Trust.

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stock fabrics

eResearch Issues Initiating Report on Aldershot Resources Ltd.

TORONTO, ONTARIO--(CCNMatthews - May 14, 2007) - eResearch analysts, Michael Wood, B.A. (Sc.) (Mining Engineering) and Bob Weir, B.Sc., B.Comm., CFA, have written an Initiating Report on Aldershot Resources Ltd. (TSX-V:ALZ - $0.38). Aldershot Resources is a junior Canadian-based uranium exploration company with prospective projects in Canada, Australia, and Zambia, and a base metals project in Chile. The Company is actively drilling on several properties.

The report's Highlights state the following:

- Good land positions in large uranium camps

- Historic resources on key properties soon to be upgraded to NI 43-101 status

- Currently well-financed to conduct 2007 planned exploration activities

- Bullish outlook for the uranium industry

- Granting and timing of permitting issues often uncertain

- Risk that investor enthusiasm for uranium stocks could lead to over-valuations

- Shares are rated a Speculative Buy with a 12-months Target Price of $0.70 per share

eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies.

stock option issues

Couple accused of Dow Jones insider trading

NEW YORK 鈥?U.S. regulators accused Tuesday a husband and wife in Hong Kong of insider trading stemming from their purchases of Dow Jones & Co. Inc. shares prior to News Corp.'s $5 billion (U.S.) takeover bid.

The U.S. Securities and Exchange Commission said Kan King Wong and Charlotte Ka On Wong Leung "engaged in widespread and unlawful trading activity" that put them in a position to make an estimated $8.1 million profit on Dow Jones shares.

The SEC and the New York state attorney general have been investigating unusual trading in Dow Jones' stock and options before the buyout offer was announced on May 1.

A civil complaint filed by the SEC in Manhattan federal court said the Hong Kong couple bought 415,000 shares of Dow Jones from April 13 to April 30 "while in possession of material, nonpublic information" regarding the impending News Corp.