Tag: finances

February 12, 2013 0

Japan’s Economic Minister Wants Nikkei to Surge 17% to 13,000 by March; Contender for Bank of Japan Supports Additional Easing

By News Desk

In addition to stock market cheerleading and targets from Japan’s economy minister, Yen Weakens as Candidate for Bank of Japan Promotes Easing . Japanese stock futures rose and the yen weakened after Haruhiko Kuroda, a potential contender for Bank of Japan chief, said additional monetary easing can be justified this year.“If we do see a BOJ Governor of Kuroda’s calibre, the dollar-yen could well punch through 95 and would head to 100 very quickly,†said Evan Lucas, Melbourne-based market strategist at IG Markets Ltd., a provider of trading services.

January 29, 2013 0

Hard Times: Dijon France Sells Half of Prized Wine Collection to Help Those Appealing for Social Aid

By News Desk

Please consider L’austérité à la française: city sells prized wines . The city of Dijon has just sold off half of its prized municipal wine cellar to help fund local social spending – including a bottle of 1999 Burgundy knocked down at auction for €4,800 to a Chinese buyer. In total, the capital of the Burgundy region raised €151,620 from the “historic sale†of 3,500 bottles that were part of a collection built up since the 1960s, it announced in a statement on Monday