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    November 10Th International Financial Media Headlines

    2010/11/10 9:58:00 70

    The World'S Leading Media Headlines

    Below is

    The world's leading media headlines

    :


    Reuters: China and Germany question U.S. economic stimulus policy


    On Tuesday, China continued to express its dissatisfaction with the easing monetary policy of the United States.

    China believes that the US government's actions will lead to the global economic turmoil and the emergence of asset bubbles.

    According to the plan, a new round of G20 leaders' summit will be held in Korea two days later.

    The Federal Reserve announced a week ago that it would again inject $600 billion into the US economy through the way of bond acquisition, but the plan was subsequently dissatisfied with the leaders of many countries.

    It is widely believed that the quantitative easing policy of the US government will lead to a surplus of cash in the global market and is of little practical significance to the US economic recovery.


    During his recent visit to Philippines, President Obama admitted that in order to ensure balanced growth in the global economy, G20 still needs much work to do.

    Obama also said that some countries maintained their trade advantages by intervening in the foreign exchange market, but he later pointed out that the United States would not prevent China's economic growth.

    Obama said: "we want to see China's success and prosperity. If China continues to move forward on the road of development, it will contribute to the economy of the United States."

    In addition, German Chancellor Merkel said she hoped that the United States and China could avoid conflicts at the G20 meeting, and also said they were against protectionism.


    Bloomberg: HCA will pay $2 billion to private equity shareholders.


    HCA Inc., a chain hospital operator based in Nashville, Tennessee, announced that it would pay a dividend of $2 billion to its private equity shareholders.

    HCA's shareholders include private equity giant KKR and Bain Capital, and Bank of America, which bought HCA at a price of $33 billion four years ago.


    In a statement, the company said today that these dividends will come from its $1 billion 530 million income from the issuance of high-yield bonds.

    Richard Bracken, chief executive of HCA, said the initial public offerings plan submitted by the company in May this year is still in the air.

    HCA plans to raise up to $4 billion 600 million through IPO.


    YAHOO Finance: Republican investigators aim at health care reform


    The Republican Party plans to use its investigative power in the US Congress to put pressure on President Obama's previous health care reform plan, and at the same time, the focus of their investigation will also refer directly to the concerns of consumers.

    For example, the new health care reform plan will cause consumers' cost, or how to ensure the coverage of the new medical insurance system.


    According to the regulations, the Republican Party can hold a hearing to investigate Obama's health care reform plan, and Obama also has no veto power as president.

    At present, the Republican Party has controlled three major committees responsible for health care reform in the house of Representatives, and can also issue summons when necessary.

    In the Senate, the number of seats in the two key groups has also increased.

    Therefore, in this respect, the Republican request has been unable to be ignored.


    Thestreet: Chinese video website potatoes want to list in the US


    China's video website potato plans to launch IPO in the US, according to a regulatory information released by China Securities and Exchange Commission on Tuesday.

    Data show that potatoes have submitted applications to the Nasdaq stock market, and the stock trading code is TUDO.

    Potatoes did not give details about the IPO's pricing range.

    But the company said it plans to raise $120 million in the IPO.

    Data show that in 2009, the total annual loss of potatoes reached 21 million 600 thousand dollars, and the contract loss was 1.81 dollars per share.

    The same period in 2008 was a loss of $29 million 400 thousand and a contract of $2.45 per share.

    In 2009, the company's revenue increased from $4 million 700 thousand in 2008 to $16 million 900 thousand.

    By the end of September this year, the number of registered potato users has increased from 16 million 300 thousand in December 31, 2007 to 71 million 400 thousand.

    {page_break}


    New York Times: the pfer of corporate health insurance costs to high income employees


    With the rising cost of health care in American enterprises, more and more employers in the United States began to set up a grading system to pfer most of their health care costs to employees. This classification system requires high-income employees to contribute, while low income employees receive some compensation accordingly.


    Over the years, the cost of health care for employees of American companies is increasing, and companies are asking them to make greater contributions to premiums and insurance deductibles.

    But now, with the introduction of the US government health care reform act, employees will have to pay more and more expenses, as many companies are beginning to try to make employees shoulder some or all of the additional health care costs.


    CNBC: Goldman Sachs temporarily suspended its ransom in some US states


    According to a regulatory document released on Tuesday, Goldman Sachs mortgage service has suspended moratorium in some states of the United States.

    US regulators and state attorneys general have announced a comprehensive investigation into the foreclosure practices of the banking industry. Goldman has been reviewing the foreclosure practices of the Litton Loan Servicing under Goldman Sachs's request to submit business information.


    Goldman Sachs said in a paper submitted to the securities and Exchange Commission today that "Litton has suspended the foreclosure, foreclosure and foreclosure sales in some states."

    Goldman Sachs said that it had not found any case of unreasonable foreclosure in the review, and Goldman Sachs said it would temporarily suspend its foreclosure activities in some states without dragging down its progress in mortgage related services.


    Wall Street Journal: Danone plans to sell bottled water business cash


    The French food giant Danone Group is now in talks with some Japanese companies to discuss the sale of its large bottled water business, a person familiar with the matter said on Tuesday.


    At present, a number of Japanese beverage companies including Kirin Holdings Co, Japan's largest beverage manufacturer, are interested in talks with Danone Group on bottled water business for the latter, according to people familiar with the matter.

    Statistics show that as Danone's huge business unit, the value range of Danone bottled water business is between us $5 billion and US $7 billion.

    These include the famous drinking water brand "Evian", whose main businesses include Suntory Holdings Ltd and Asahi Breweries, Limited.


    Nikkei news: Japanese Prime Minister vows to join the TPP agreement


    Japanese Prime Minister Naoto Kan promised Tuesday to bring Japan into the negotiations of the "p Pacific Partnership Agreement" (TPP). He said that the trade liberalization initiative will help Japan to return to healthy growth.

    At the meeting today, members of the cabinet government of Japan said that Japan will join the TPP negotiations through the basic policy of establishing a comprehensive economic partnership. Although the government did not say when it would start joining the negotiations, the Japanese government's action was still widely concerned at home and abroad.


    In the meantime, the Japanese government will also formulate incentives to promote the development of its agriculture, because as one of the conditions for joining the TPP, the Japanese government needs to abolish import tariffs, which will have a great impact on the local agricultural products market in Japan.

    Japanese Chief Cabinet Secretary Sentani Yoshihito (Yoshito Sengoku) said after the meeting that the Japanese government will formally decide whether to join the TPP in June next year. Japan will have completed a basic agricultural reform policy.


    India times: Tata motor's net profit increased by 102% in the two quarter


    Tata Motors, India's largest automaker, said on the 9 day that its net profit in the second quarter rose from 217 million 800 thousand rupees last year to 22 billion 230 million rupees (about $501 million), far more than the 18 billion 870 million rupees predicted by Wall Street analysts.


    Tata Motors's documents submitted to the Mumbai stock exchange show that sales increased from 37% to 285 billion 730 million rupees in 7 to September.

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