Japan wants single Asian currency
The opposition finance minister in Japan, Masaharu Nakagawa is laying out plans for what he sees as a way of uniting Asia with a single currency.
This plan could be put forward if hi party are elected in the next Japanese elections, which must take place before September of this year.
With the dollar not being as [...]
Mortgages approvals increase
The best indicator on the state of the property market is the amount of mortgages approved by lenders, this not only shows the amount of properties being sold, but also how much for.
In April there were around twenty seven thousand mortgages issued by lenders, that is an increase of almost four per cent on the [...]
The figures never lie
Sometimes it is only when things get so bad, that all the finance secrets start to come out. As with the financial institutions who managed to hide their exposure to bad debt, so do individuals sometimes hide the truth about their current financial status.
These lies often lead to a serious breakdown the relationship, so what [...]
Online fraud scares consumers
Although it may seem from the figures that are often released online sales are on the rise, so that would mean that the average consumer would be ok with conducting their business online. Not necessarily so, because in a recent survey it has been found that a third of internet users are not happy to [...]
May 7, 2009Trouble for city from the EU
History shows that major financial and economic centres are delicate to say the least Europe is littered with cities that once prospered as financial centres, yet are today a small shadow of their former self.
London should be aware of this because the main factor involved in the demise of these once high and mighty cities [...]
Goldman Sachs tries to silence blogger
On some occasions bloggers have caused despair and problems for certain people, this is put down to the fact that they are unregulated and therefore write what they want about whomever they want.
One such blogger Mike Morgan has got under the skin of US bankers Goldman Sachs who have instructed a top law firm Chadbourne [...]
Financial crisis could be worse than the depression
The international monetary fund (IMF) are warning that there are some serious worries that there could be comparisons between the lead up to the great depression and the current financial crisis.
Despite the attempts by governments around the world to prevent this from happening the fear is that this may not be enough to prevent the [...]
Hackers find how to steal PIN numbers
It used to be that hackers who wanted o steal PIN numbers would have to do this one by one; this would normally mean that they would have to use skimming, cameras fitted to ATM machines or by phishing attacks.
However, in the US it has been found that when a PIN number in entered the [...]
Lessons in Personal Finance
These days more than ever are times when personal finance should be taught to young adults, especially if they are leaving home to go to college or just starting out on a new career. Whatever the route taken, personal finance is going to take up a large part of their life from now on.
Yet with [...]
Motivating kids for finance
Motivating kids for finance
The key to a secure future for today’s youngsters is for them to be taught at an early age about the basics of finance. It seems that they are growing up with the belief that you can have everything now and pay it off as you please, the never, never as it [...]
Organising business finances
This time more than ever is when business people should be organising their finances in order for their business to run more smoothly and efficiently. It is a matter of making things count and not missing out on anything at all.
There are some simple steps that the small business owner can take in order to [...]
UK getting more into debt
Ever since the credit crisis began we have heard the term “Fiscal Aid” this where the government introduce fund into the economy like the funding of the banks and the cut in VAT, these investments are supposed to support the country’s finances.
However, the governor of the Bank of England, Mervyn King has issued a warning [...]
UK banks not too good online
The UK’s top five banks did not fair too well when they were road tested by the finance 1000 website index, this is where banking and finance websites are tested and graded to certain standards.
Yet none of the UK’s top five banks websites made it into the top ten, in fact the UK’s leading [...]
Creative’s overtake finance workers
At one time the finance industry was one of the largest employers in the UK and in the world as a whole, but according to research carried out by the National Endowment for Science, Technology and the Arts (NESTA) this is all about to change.
The creative sector is growing and to such an extent that [...]
Making global finance work
There is no doubt that the current financial situation is down to the problems associated with global finance, this is because as banks and institutions grow they take over other companies and so on.
This means that despite taking an established business, the way that the business has been set up with customers, credit and debt [...]
Recession played out in games
The cause of the current financial situation can be seen in the type and style of computer games that have been available over the years, but not just any old games what we are talking about are the business and world development games.
These games like the Sims, Tycoon, SimCity 2000 and 3000, SimTower, Capitalism, even [...]
Tips for saving money
There is no magic formula to saving and managing money, it just takes a bit of will power and the need to get your finances under control, before they get on top of you. This is because if they are left unchecked then they will surely get on top of you.
However, it does not have [...]
Could Aston Martin be repossessed
It may seem like a far fetched story, but even the current chairman David Richards confirms that technically the company is in danger of being in breach of the contracts that it has with the banks.
This is not an immediate problem, but in the middle of the year, this could be a real a [...]
Spend or save in the credit crunch
There are two different ideas here, the first is to save and cut back on all expenditure, this would seem to be sensible as the current financial climate is unsure and in some cases very fragile.
Therefore, by saving money this could make sure that if the worse happens then you have something to fall [...]
It is a $100 Trillion note for Zimbabwe
There is a real sign of hyperinflation and that is when the central banks start issuing high denomination bank notes. We have been following this in Zimbabwe where the president, Robert Mugabe has found his country virtually cut off from the outside.
The central bank has had to introduce the highest denomination bank note ever recorded [...]