Tuesday, August 12, 2008

YUWIE

Yuwie and Friendster pari pasu a situs social network, but there are something made difference between Yuwie from inquiring Friendster, You want to know!

Korry Rogers(pemilik yuwie) tells he will assort the advantage to the members - just for having activity in Yuwie ( like you is having activity in Friendster) and invites its(the friends to joint forces with Yuwie ( through its(the referral URL is each)

We remain sign up like friendster, invite friend, hang out, comments with friend then you are paid, delicious isn't it, he he he....

But which very interesting is... There is a routine habit in community Yuwie, which is not is done in Friendster... Each month and every beginning of month of in sure Yuwie there are conference about earning ( for result) wau!!!

Hmm how much/many dollar which I earn from Yuwie this month?

Conference of the problem of this earning usually takes place in date of 1 - 15 or until announcement of earning emerges... usually date of 10 - 15 is when when tending because announcement of earning usually emerges at date of that.

Then after announcement... hmmm a lot can be under $5, but if you often having activity like looking for friend to join in

Yuwie

it is not impossible you will

Get $100 month....


Click here...



Unbelieved......Its proof....




This is cheque sent by the side of Yuwie to one of member in Indonesia.

Possibly when member

Yuwie

have been counted member Friendster... dedengkot-dedengkot Yuwie will enjoy rapid of stream dollar...Ha ha ha ha ha

Come on what else direct

Sign Up :


Click here...



Thanks for Join with us

INTERNATIONAL BUSINESS; Dollar Surges as U.S. and Japan Act Jointly in Markets

The dollar soared to its highest level against the yen in nearly five months today after the United States and Japan sold about $1 billion of yen and the Japanese Government moved to make it easier for institutions there to invest their yen abroad.

With international markets flooded with yen, the dollar rose 3.3 percent against the Japanese currency, standing at 90.96 yen in late New York trading, up from 88.04 yen on Tuesday.

Treasury Secretary Robert E. Rubin said the moves by both nations were consistent with an agreement made by the Group of Seven leading industrial nations on April 25, which called for an "orderly reversal" of the plunge in the dollar that occurred in the winter. Many currency traders took Mr. Rubin's remark as suggesting that the United States would intervene in the currency markets again, a line of thinking that Administration officials did not discourage.

Economists said the dollar's rise might damp sales abroad of American goods but would still help the overall American economy. By making imported goods slightly less expensive, a stronger dollar could diminish fears of inflation here and make it slightly easier for the Federal Reserve to stimulate the economy by cutting interest rates.

That possibility, as well as a belief that Japanese institutions would step up their investment in the United States, sent the stock and bond markets up sharply, with the Dow Jones industrial average rising as much as 55 points soon after the Fed began its intervention. Later, though, the Dow average gave up all of its gains when traders took profits. [ Page D8. ]

The stronger dollar and the Japanese Government's move to ease controls on overseas investments by financial institutions could also reduce the odds that Japan's banking crisis will spread elsewhere. Japan's ailing banks and insurance companies have invested huge sums in the United States, and a stronger dollar makes those investments worth more.

The changes in investment rules were announced today in Tokyo by the Ministry of Finance, Japan's bank regulator. The ministry is overseeing institutions with a total of at least $570 billion in bad debts and it witnessed a run this week on Tokyo's largest credit union. By giving Japanese banks and insurance companies more leeway to pursue higher yields abroad, the authorities hope to lower the yen's value; when Japanese institutions invest abroad, they sell yen and buy other currencies.

Mr. Rubin expressed concern last week about Japan's banking crisis and urged the Bank of Japan to do whatever was necessary. But in a statement today, he presented the joint intervention in the currency markets and the Ministry of Finance's policy changes as part of a continuing international effort to reverse the dollar's plunge.

"We welcome the actions taken by the Japanese authorities to remove impediments to capital movements," Mr. Rubin said. "These actions and our joint operations are consistent with the April 25 G-7 communique."

Mr. Rubin's statement left the impression with traders that the United States might take actions to push the dollar even higher. Administration officials nurtured that view today by sticking to their policy of refusing to speculate whether they would intervene again in the coming weeks.

Currency traders said that today's intervention, while not the biggest of this Administration, was particularly effective. They said it worked because it showed strong coordination between Tokyo and Washington and because Mr. Rubin again caught traders by surprise, making them reluctant to resist the Treasury by selling dollars.

"It's the most aggressive thing they've done so far, as far as trying to prevent the deterioration of the dollar against the yen," said David F. DeRosa, the director of foreign exchange trading in New York for the Swiss Bank Corporation.

Kevin J. Lawrie, a foreign exchange manager at Mellon Bank in Pittsburgh, said that the intervention was successful because traders were partly taken by surprise and quickly joined the Federal Reserve in buying dollars. "This thing seems like a tidal wave; it probably seems like more than it is," he said.

Virgin Media hails growth 'turnaround'

Virgin Media signalled today that an era of upheaval marked by public rows with BSkyB was behind it as the cable TV company posted its strongest customer growth in more than a year.

The group, created by the merger of NTL and Telewest and the takeover of Sir Richard Branson's Virgin Mobile service, said it had added 13,000 new customers in the third quarter of the year. That increase marked a turnaround from the second quarter when the company lost more than 70,000 customers, hit by the spat with its satellite rival over the carriage on Virgin Media of basic Sky channels such as Sky One.

The acting chief executive of Virgin Media, Neil Berkett, who took over the company three months ago, hailed a "significant turnaround" in customer growth.

"I think we are at that inflection point and we have taken the first step on the stairs," he said.

He mentioned the "best customer, broadband and telephony growth since the cable merger in March 2006".

"With the cable merger integration expected to be complete by year end, we can focus on continuing to improve the fundamentals, enhancing our products, reducing our churn and delivering on our competitive strengths," he added.

Mr Berkett is widely tipped to get the permanent position at the top of Virgin Media but he insisted that was a decision for the board.

Asked about his chances, he said: "Obviously that's my preferred position."

Since moving from the chief operating officer role to replace Steve Burch, Mr Berkett said he had sought to focus more of the company's energy on keeping customers.

"I'm just a simple Antipodean, in my view you take four of five things and you do them right rather than doing 20 things at once," he said. "Keeping the customers is top priority."

Virgin's results showed that at the end of September it had an "on-net" customer base - which means the total number of subscribers to at least one of its cable services - of 4.8 million.

Broadband in particular drove up customer numbers and Mr Berkett said Virgin would continue to position its high-speed internet service as a "hero product". Virgin added 122,900 broadband customers in the third quarter, up from a gain of 50,500 in the three months between April and June.

In pay-TV, it added 20,400 customers, to give a total of 3,417,000 taking its cable service. Virgin said 6% of its digital TV subscriber base - 190,200 customers - had now signed up to its V+ personal video recorder service, the company's equivalent of Sky+.

Although there was progress across its products and with its bundles of services - such as mobile, fixed line telephone, broadband and TV - average revenue per user fell from £42.16 to £41.55.

Virgin said that was "due primarily to strong price competition" as it offered deals to new customers and discounts to existing ones.

Operating income was £47m, compared with £3m in the second quarter and a £9.6m loss in the corresponding period last year.

Virgin Media dropped its attempts to take over ITV last year after its arch rival Sky bought a 17.9% stake in the commercial broadcaster. Mr Berkett declined to comment on whether ITV would be back on Virgin's radar if regulators forced Sky to sell that holding.

US gloom weighs on FTSE

London stock markets resumed their downward trek today, knocked by volatile oil prices, a tumbling dollar, jitters around banks and more gloom on Wall Street.

The FTSE 100 clung on to early modest gains for a few hours before tumbling with other European markets and remaining deep in the red once US markets opened sharply lower. Choppy oil prices added to the uncertainty, and General Motors rattled frayed nerves even further with news of its biggest ever quarterly loss.

At 6pm the London bluechips index was down 54.8 points, or 0.9%, at 6,420.1, although the market's closing auction was delayed by data delivery problems.

Rises for energy companies and gains for some miners on the back of climbing metal prices were outweighed by more bad news from British Energy, a fall for ITV and another slump for embattled bank Northern Rock.

High street chain Next was also headed sharply lower after its cautious comments and news of a "disappointing October". Laying out its cloudy outlook, the retailer flagged up the belt-tightening effects of recent interest rate rises and that helped knock its shares 138p, or 6.7%, to £19.14.

Elsewhere in the retail sector J Sainsbury remained under pressure following the collapse of the 600p-a-share offer from Qatar-backed consortium Delta Two. The grocer lost another 19p to 426p.

British Energy was the day's biggest faller behind Northern Rock after it conceded it had no restart date for its nuclear reactors. The shares fell 40p, or 7.2%, to 515p. They have lost more than 10% since British Energy announced that two of its nuclear power stations were out of service after a problem was discovered at one of its units.

As the US dollar plunged against the pound and euro, oil prices pushed through $98 a barrel at one point before slipping back. That helped Royal Dutch Shell but knocked heavy fuel users like British Airways, down 19.5p at 369.5p.

Shell rose 17p to £20.26 but its rival BP was down 9.5p at 624p after it said its Norwegian unit will shut its Valhall oilfield from Thursday night due to a storm in the North Sea.

Elsewhere in the energy world, International Power was up 14.75p to 476.75p, Scottish & Southern Energy was up 14p to £15.59 and gas producer BG Group rose 4.5p to 901p.

Metal prices were also headed higher and helped some miners notch up some solid gains. Rio Tinto, up 16p at £43.50, was helped by ongoing rumours of a possible bid from BHP Billiton, down 19p at £17.56.

Anglo American rose 19p to £31.71 but other miners succumbed to profit-taking and pressures from the wider market.

Banks were still under pressure from the latest bad news at the world's largest financial insitution, Citigroup. Barclays fell 10.5p to 513.5p, Royal Bank of Scotland lost 17.75p to 438p and troubled Northern Rock slumped 12.1p, or 7.4%, to 152p.

ITV shares sank to their lowest since the merger between Carlton and Granada which created ITV plc. The fall of 3p, or 3.1%, to 92.8p came as the shares went ex-dividend and as it emerged that the broadcaster wanted satellite company BSkyB to sell its entire 17.9% stake in the business.

Elsewhere in the sector, newspaper group Independent News & Media was in focus after it emerged that Irish telecoms billionaire Denis O'Brien had raise his stake o 11% from 10.3%. The London-listed shares were down 0.14p at 2.22p.

David Elstein, chairman of DCD Media has also been dipping into his pockets, buying 525,000 shares in the TV production company at 58.5p after strong results this week. The shares added 0.5p to 59.5p.

Among the midcaps, one of the biggest risers of the day was CSR, the Cambridge company with a large share of the Bluetooth wireless technology market. Its shares jumped 74.5p to 664.5p after it reported record revenues for the third quarter and sounded an upbeat note about future trading.

Dan Ridsdale, analyst at Landsbanki noted an unexpected improvement in gross margin to 48.2% from 45.5% last quarter.

"We retain our view that CSR is executing well and that at the current rating... the share price factors in a lot of the risk and little of the potential. We retain our buy recommendation," he said.

Among the smallcaps, engineering specialist Senior was in favour early on after saying prospects "remain encouraging" despite the impact of a weak dollar. But the shares gave up early gains and ended the day down 1p at 126.5p.

Fellow smallcap Kiln, the Lloyd's of London insurer, jumped 7.5p, or 7.7%, to 105p after it unveiled a share buyback worth up to £60m.

Moving to junior market Aim, recruitment company Imprint was up 3p, or 2.7%, to 112.75p after recommending a £42.8m takeover offer from OPD. That follows a higher offer from rival Hydrogen, which ended unchanged at 270p.

Finally, marketing company Tangent Communications added 0.75p, or 6.1%, to 13p after results for the six months to end-August showed a 169% leap in underlying profit to £1.41m.

Dollar hits 12-year low against yen Oil touches new high of $111 a barrel

"Whip out dollars at the French flea market now, and they'll shoo you away," he said at his store near apartment buildings where Europeans are snapping up units because they've become dirt cheap. "Before it was like the second coming of Christ, but now they don't want it or if they do take dollars, they're going to take their pound of flesh."

The dollar has steadily eroded in value against the euro and other currencies since 2002 as U.S. budget and trade deficits ballooned, but fears of an American recession and credit crisis have sent the dollar to stunning lows amid predictions the slump will continue for a long time.

The dollar fell to a 12-year low against the Japanese yen Thursday, dropping below 100 yen to the dollar for the first time since November 1995. The euro rose to all time high and is currently trading above $1.55. Meanwhile gold hit a new benchmark today at $1,000 an ounce. That's a jump of nearly 20 percent just since Jan. 1.

Dollar hits 26-year low against pound

The pound climbed to $2.10 for the first time since 1981 this morning, boosted by speculation that China was preparing to shift its foreign reserves out of dollars.

By 10.30am, one pound was worth $2.1053. The dollar, which has been weakening for several weeks, also hit a new all-time low against the euro of $1.4703.

Analysts said today's falls had been sparked by comments made by Cheng Siwei, vice chairman of China's National People's Congress. He told a Beijing conference on Tuesday that China would "favour stronger currencies over weaker ones, and readjust accordingly".

A vice director of China's central bank, Xu Jian, was also quoted as telling the conference that the dollar was "losing its status as the world currency".

Thanks to China's booming exports, the country now holds the largest reserves of foreign currency in the world. The People's Bank of China reported last month that at the end of September, China's foreign reserves were worth $1.434 trillion.

Adam Cole of RBC Capital Markets said this morning that the comments from the two Chinese officials had "clearly been the catalyst" for the latest dollar weakness.

"However, it is more due to negative dollar sentiment generally," Mr Cole said.

The slowdown in the American economy, the sub-prime mortgage crisis and the ongoing credit crunch have all combined to weaken the US economy. Back in January, one pound was worth around $1.96.