October 14Th International Financial Media Headlines

　　 Below is Global Each big Media financial headlines :

　 Reuters: the Fed's policy is expected to push gold prices to a new high.

As the minutes of the Fed meeting show that the US central bank will resume the acquisition of government bonds to stimulate the recovery of the US economy, the general expectation is that the US dollar exchange rate will further depreciate, prompting international gold prices to surge by nearly 2% in the trading on Wednesday, reaching a record close to us $1375 per ounce. This Wednesday's rally has hit the biggest one-day gain since September 14th, and has also helped gold prices rise 25% since 2010. Gold is regarded as the best hedge for investors when central banks are ready to take measures to stimulate the economy.

In addition, international silver prices also hit a nearly 30 year high of $24 an ounce. Gartman Letter publisher Gartman (Dennis Gartman) said: "gold is a global currency phenomenon. From a global perspective, people no longer trust their currencies and foreign currencies.

Financial Times: JP Morgan net profit increased by 23% in the three quarter

JP Morgan Chase Bank released its third quarterly financial report on Wednesday, saying that the bank's net profit in the quarter was $4 billion 400 million, or about $1.01 per share, up from a net profit of 3 billion 600 million US dollars in the same period last year, or about 82 cents per share, an increase of 23% over the same period last year. The level of profitability is also higher than that of analysts surveyed by Reuters, who expected earnings per share to be 90 cents per share.

J.P. Morgan is the second largest bank in the United States and the first big bank to announce its latest quarterly results. JP Morgan Chase's performance gains were mainly due to a decrease in loan losses in its retail and credit card business sectors. With the improvement of the economic situation this year, the bank's mortgage and credit sector's losses have eased. But its lending business has not increased, adding to concerns about its future earnings growth.

CNNMoney: United States 49 states began joint review of improper foreclosures

The Attorney General of 49 states in the United States announced on Wednesday that it would form an investigation team to co-operate with the United States to examine the misconduct of the large mortgage service providers in the foreclosure activities, but they temporarily suspended the request to freeze all foreclosure activities. They will review the past and present practices of mortgage service providers in an attempt to stop the improper mortgage redemption of service providers and propose potential remedies.

The investigation team will be headed by Tom Miller, Attorney General of Iowa. Only 50 states were not involved in Alabama. The Attorney General of the United States has forced the lenders to suspend the foreclosure activities. They have been found to have some employees sign the redemption documents without making a review, or automatically sign the computer. This process is called robot signature.

New York Times: Apple shares break through US $300

Technology giant Apple Corp (AAPL) shares broke for the first time in the trading on Wednesday for the first time at 300 US dollars per share. Pushing up the share price of apple today may come from investors' expectations of the company's strong quarterly earnings report next week. In early trading on Wednesday, Apple Corp's share price rose to a record high of $301.96 per share. At 4:00 p.m. Eastern time, it ended up at $300.14.

Apple also announced today that it will host a media event on Mac series personal computers in October 20th. Apple promises to show you the next version of the Mac operating system in media activities.

CNBC: commodity prices soar all over the world

Under the stimulation of various factors, prices of various commodities have almost soared. Gold prices rose to a record high of $1375 an ounce, up 100 dollars from a month ago, and silver prices touched $24 an ounce, the highest price since 1980. In addition, international copper prices were at its highest level in nearly 27 months, while international oil prices surged nearly 2% to $83 a barrel. At the same time, as the two key commodity currencies, the Australian dollar and Canadian dollar have risen to the US dollar exchange rate.

Analysts believe that the weakness of the US dollar is a key factor in the sharp rise in commodity prices. As of Wednesday, the dollar has fallen to its lowest level in nearly nine months. Traders and analysts pointed out that the minutes of the meeting of the open market committee of the Federal Reserve in September 21st clearly indicated that the Fed would resume the government bond acquisition program in the short term to stimulate the economy, which further promoted the rise of commodity prices. The CRB index has risen 13% since early September of this year. {page_break}

Bloomberg: Harvard appealed to the US government to take measures to deal with the foreclosure crisis.

Potter Porter, a visiting professor at Harvard University law school, points out that the US government lacks comprehensive measures to deal with the mortgage mortgage foreclosure crisis, which will further worsen the problem and lead to more pessimistic results. Katherine As an expert in the study of Bank Foreclosure procedures, Potter appealed to the government departments including Office of the Comptroller of the Currency, housing and urban development department (U.S. Department of Housing of) and the consumer financial protection agency to take measures to educate the public and provide national solutions as soon as possible.

Thestreet: Bing Ying Facebook cooperation to challenge Google

Microsoft said at a news conference held at its headquarters on 13 May this year, it decided to integrate some Facebook information into bing Ying's search. Industry analysts pointed out that the cooperation between Microsoft and Facebook is aimed at challenging Google, a common competitor. It is understood that Microsoft's partnership with Facebook originated in 2007, when Microsoft invested $240 million to acquire Facebook1.6% shares.

Recently, Microsoft has been increasing its cooperation with Facebook. In November 2009, Microsoft announced that it would integrate the News Feeds of Facebook into bing Ying's search results. Since June this year, these results have been shown in a special Bing Social search page. Insiders pointed out that Microsoft will continue to integrate more Facebook data to Bing Ying's search results.

YAHOO Finance: GM chairman predicts IPO price

General Motors chairman Whitaker (Ed Whitacre) said on Wednesday that if GM IPO were to proceed smoothly, the company's share price would be between $20 and $25 a share. Whitaker said in an interview that GM's IPO is likely to take place in November this year. Whitaker said: "GM's IPO price will be in the range of US $20, such as US $20 and US $25." At present, GM is waiting for the relevant regulatory authorities to approve the results of its IPO plan. The company has not announced the date of IPO pricing before.

Whitaker also pointed out that it is too early to predict GM's IPO price. Whitaker believes that because GM has already made profits and owns many competitive cars and truck products, the company's IPO can be successfully carried out. In September 1st, Whitaker resigned as chief executive of GM, but he continued to be chairman of the company. At present, the US government is holding its 61% stake in GM's $50 billion investment and is its largest shareholder.

Nikkei news: Japan warns China and South Korea are responsible for exchange rate policy

On Wednesday, Japanese Prime Minister Naoto Kan warned in response to the exchange rate policy on South Korea and China that South Korea and China should take responsible actions in the reform of monetary exchange rate policy. He said the cooperation of the group of 20 does not allow individual countries to have actions to lower their interest rates. At the same time, the market is increasingly worried that potential currency wars may undermine global economic growth.

Currency conflicts are expected to dominate the G20 summit in Seoul in the coming month. The United States and China have already had a heated debate on the issue of currency exchange rate. The United States appealed to the renminbi to appreciate. At the same time, China accused the United States of its loose monetary policy, which led to unstable capital flows to emerging markets.

India times: India's foreign debt rose to $273 billion 100 million in the first quarter.

The India Reserve Bank (RBI) said in its monthly bulletin on Wednesday that India's external debt rose by 4.1 percentage points or $10 billion 800 million to $273 billion 100 million in the first quarter of the current fiscal year, mainly due to a substantial increase in short-term trade credit, commercial loans and multilateral government borrowing. The communique also showed that in the first quarter of June 30th, India's short-term debt increased by $5 billion 400 million to $57 billion 800 million, accounting for 21.2% of the total debt, while the long-term debt grew to 215 billion 200 million dollars.

In the first three months of the 2010-11 fiscal year, almost all kinds of external debt in India are increasing. Commercial loans and external assistance (multilateral and bilateral debt) loans increased by US $2 billion 500 million and US $2 billion 300 million respectively. In all foreign debts, the share of commercial loans continued to remain the first, accounting for 27.3% of the total foreign debt. In addition, short-term debt accounts for 21.2% of the total foreign debt, NRI deposits account for 17.6%, and multilateral debt accounts for 16.4%.