Saturday, February 28, 2009
BVI Among Top Investors According to Chinese FDI Statistics in 2008
According to the data reported by the Ministry of Commerce, the major source of FDI for China in year 2008 was Hong Kong, which provided the country with $41 billion for a 48 percent annual increase. The second big FDI source was British Virgin Islands, which invested $15.95 billion. However, the percentage of funds invested by the BVI is just 3.62 - that is less than in 2007, reflecting the general trend.
The level of foreign direct investments from Japan rose 1.76 percent and made $3.65 billion in 2008, followed by South Korea with $3.14 billion (14.76 percent), and the US with $2.94 billion – the rise of 12.54 percent.
The industries which received most of all FDI were banking, insurance and securities, which drew $38.1 billion, or 24.23 percent more than in 2007. Actually, in the past decade China has been one of the biggest FDI recipients, but some experts guess that the global financial crisis could change this trend. For example, Mei Xinyu, a senior researcher with the Ministry of Commerce, said he was not optimistic about this year FDI level. Some experts even say that FDI could fall by 5-10 percent in the first half of the year, but positive turn is also expected – in the second half of 2008.
Article any source
Friday, February 27, 2009
Berkshire, Buffett bear brunt of bear market
Last week, Bloomberg reported that Berkshire Hathaway shares had fallen to a five-year low on concern about possible losses and writedowns from "bets the billionaire chairman has taken on world stock markets."
Berkshire won't have to pay out on the contracts until "at least" 2019, but falling stock market prices and increased volatility in the interim require the company to take quarterly writedowns on those positions.
Today, Bloomberg reports that writedowns from those derivative bets, along with losses in the company's stock portfolio, may cause Berkshire to report its worst results ever, according to the gauge most touted by Buffett: the company's book value per share.
"Berkshire Hathaway Inc. may report its worst results since Warren Buffett took over in 1965, based on a measure the billionaire chairman cites on the first page of his firm’s annual letter to shareholders.
Losses in Berkshire’s stock portfolio and writedowns on derivative bets tied to equity markets may have caused book value per share, a measure of assets minus liabilities, to fall by 8.5 percent, according to Gary Ransom, an analyst with Fox- Pitt Kelton Cochran Caronia Waller. That ratio declined only once before on Buffett’s watch, falling 6.2 percent in 2001.
Berkshire suffered as the benchmark Standard & Poor’s 500 Index turned in its worst year since 1937. The expected writedown on derivatives may reflect both that decline and the increasing volatility of equity markets, though the $35.5 billion in derivative contracts don’t require Omaha, Nebraska- based Berkshire to pay out until at least 2019, if at all..."
The article goes on to explain the importance that this book value per share measure has to Berkshire shareholders:
"...If Buffett’s 2008 report, expected tomorrow, follows the template from past years, the first sentence of the letter to shareholders will disclose the change in book value. In his “owner’s manual” for Berkshire shareholders, Buffett says he considers the figure to be an objective substitute for the best, albeit subjective, measure of a firm’s success: a metric he calls intrinsic value."
Read on for more on Berkshire and the importance of this intrinsic value measurement.
You can also check out the links below to find the upcoming (8 a.m. Saturday) Berkshire Hathaway annual report, and a 2008 discussion with investor Warren Buffett.
Related items and posts:
1. Berkshire Hathaway annual & interim reports - Berkshire Hathaway.
2. Buffett watchers await annual report - Daily Finance.
3. Lessons from Warren Buffett - Finance Trends Matter. Any source
"El Anticiclón se marcha de fin de semana"
Véase la imagen del Satélite esta tarde.
Como pueden ver en la imagen superior, empiezan a llegar nubes medias y altas a la Península Ibérica, avanzando de Sur a Norte. Estas nubes no van a tener consecuencias mayores durante la jornada de hoy, tan sólo van a cubrir los cielos. Todo esto se debe a que el anticiclón que ha estado estancado durante días y días al Norte del Mar Cantábrico, se va a desplazar hacía el interior de Europa, dejando por tanto paso a una pequeña perturbación que ha afectado durante estos últimos días al archipiélago canario. Esta pequeña Borrasca va a ascender de latitud en las próximas horas, y mañana por la mañana estará situada en el Golfo de Cádiz. De esta forma en la zona mediterránea soplarán vientos húmedos, de origen marítimo, es decir el famoso viento de Levante. Este viento será, mayormente, el que active las precipitaciones en esta zona peninsular. En cualquier caso no pasarán de intensidad débil y tendrán un carácter intermitente.
Véase la posición del Anticiclón y de la pequeña perturbación situada en el entorno de las Islas Canarias.
El Sábado las precipitaciones de intensidad débil son más probables en la madrugada o a primeras horas. En cualquier caso, quiero insistir en que no serán gran cosa, no pasarán de la intensidad mencionada. El Domingo el cielo estará mayormente despejado, aunque por la tarde se puede volver a cubrir abundantemente. Las temperaturas van a registrar una bajada importante el Sábado y se recuperarán de nuevo el Domingo.Any source
Thursday, February 26, 2009
Rock n' Roll for traders and investors
This week's offerings in the rock n' roll jukebox include the Small Faces, Rolling Stones, The Kinks, T. Rex, and much more.
So head on over and check out some cool tunes, find new music blogs and listening resources in our recent music news linkfest, or subscribe to the Trader Rock feed to keep up with all the latest hits.
We'll see you back here tomorrow for more news from the markets!Any source
I'M BACK
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小女生式的甜美幻想國度--天狗的女兒《漫畫》
漫畫名:天狗的女兒(町でうわさの天狗の子)
漫畫家:岩本奈緒(岩本ナオ)
集 數:2集未完
譯 者:張惠真
※原文版2007年12月~‧小學館於2009年2月起授權東立中文化※
岩本奈緒的作品說穿了就是以愛情為基調的少女情懷漫畫,而這回校園劇故事比先前兩部單行本要來得更加的妄想滿溢卻也瑰麗無比,天狗、修練、愛情、友誼、學園,怎麼想都覺得這些元素很難兜在一塊兒,岩本奈緒卻毫不勉強地匯聚整合,劇中充滿著成長的喜悅與歡笑,偶爾湧上陣陣挫折失落感,劇情很有岩本奈緒個人之特色風格,軟綿綿卻不會甜得膩口,看她漫畫感覺好輕鬆。
目前可以得知的,天狗康德大人最少有十位眷屬,太郎坊是半人半天狗、次郎坊是棄嬰、三郎坊是狐狸、四郎坊是狸貓、五郎坊是兔子、八郎坊是山豬,以上幾位已陸續出場,至於天狗起源、修練方式、罩門弱點、天賦能力等等,岩本奈緒則依據傳說做為考證資料,逐步建構出小女生式的甜美天狗幻想國度。
這部作品除了天狗修練為主劇情之外,接著應該是看配對如何換成秋姬與櫌本瞬了。另外,啊啊啊--我還想看《雨無村役場産業課兼観光係》啦!任何一家出版社都好,請趕快代理進來吧,萬事拜託!(敲碗ing)XDDDHomeAny source
「春櫻亭圓紫與我」系列第二集--夜蟬《小說》
小說名:夜蟬(夜の蝉‧「春櫻亭圓紫與我」系列第二集)
小說家:北村薰(北村薫)
譯 者:劉子倩
※原文版1990年‧東京創元社於2009年1月授權獨步中文化※
我認命了,選書經常漫不經心,目前為止沒一個系列是從頭開始、總是糊裡糊塗地從中切入閱讀,這習慣都快變成常態,真是糟糕啊。不過機緣有時候也會成為決定性的關鍵因素,雖然並不清楚系列第一集《空中飛馬》評價如何,且《夜蟬》裡所佔篇幅極為吃重的落語劇情看了實在即傷神又費力,然而衝著《夜蟬》,說什麼也要把此系列給追完啊。
話說北村薰是個中年男子,為什麼他能把女人婉轉難懂與滿腹城府的那一面寫得如此細緻美麗?乖乖~!當然也是因為這一部份,我給予《夜蟬》極高評價。本書共集結三則短篇故事,若單以推理來估量,【朧夜的底層】被惡意放反的書本商品和朋友星座之謎,【六月新娘】消失的皇后棋子與來自朋友匪夷所思的一句道歉,【夜蟬】寄失的劇場票券導致戀情破局之背後原因,這三則劇情和重口味的殺人推理兩相比較之下,《夜蟬》推理事件實在過於尋常無奇,感覺頗沒份量,但正因為它將推理與生活情境相互融合,跟日常人生有了微妙聯繫,種種臆想不再只是一場單純的紙上推理遊戲,引發的是更為深沉且動人的思慮。
說真的,個人覺得推理是其次--話是這麼說、北村薰的本格推理寫得十分巧妙(我很驚訝自己居然會發自內心去稱讚本格推理小說)--,《夜蟬》的劇情主軸才是讓我對它產生好感的主因,三則短篇分別寫出女性三個階段的成長變化,從淡然的心動、到愛情的熟成,再到曾彼此曾緊緊依偎戀慕卻錯身而過的兩顆心,北村薰用筆為女子流轉的心思定了格,書中對人性的揭示有著一份寬容氣度,那份即感性又獨特的醍醐味,值得再三品味啊。
「除了北村薰,我們再也難讀到這麼「美的」推理小說」--本來還在想封面上這句文案是否為溢美之辭、不可盡信,沒想到果真是好書一枚啊。此系列小說共五集而已,這下倒是非跟看到底不可了!
HomeAny source
Canvis per la setmana vinent
Com deia en l’entrada anterior de fa uns dies, el mes de Febrer acabarà amb temps estable i ben assolellat, amb temperatures suaus, totalment diferents els primers 10 dies que vam tenir de Febrer.
Però en canvi, el Març es presenta un principi ben diferent, amb cel cobert, ruixats i fred.
El pas d’un front a partir de diumenge amb la formació d’un apetita baixa enfront la costa catalana originarà un diumenge cobert amb precipitacions intermitents, que dilluns de matinada podrien ser més generals però sense acumular quantitats importants de pluja.
El més destacat d’aquest situació, és que el pas d’aquest front farà canviar les peces a l’atmosfera, i obriria camí a una basculació de l’anticicló cap al centre de l’atlàntic obrint pas a aires del nord ben freds que donarien joc a partir de mitjans de la setmana vinent, amb fred ple d’hivern, ruixats i, fins i tot, neu a cotes baixes. Encara queden dies, però cal recordar que encara som a l’hivern i el Març sempre porta sorpreses hivernals.
Novità: Google Toolbar 6 per Internet Explorer
La prima novità nel lancio di oggi è infatti la Casella di ricerca rapida, che offre la funzionalità di ricerca al di fuori del browser. Basta fare clic su sul pulsante 'Google' nella barra delle applicazioni del proprio computer per visualizzare la casella di ricerca (si può anche premere Ctrl e la barra spaziatrice sulla tastiera per attivare la stessa funzione). Durante la digitazione del termine scelto compariranno suggerimenti, siti web o segnalibri rilevanti e sarà possibile anche lanciare applicazioni e programmi direttamente dalla casella di ricerca. Per sperimentare questa funzione, provate a digitare 'Solitario' nella casella di ricerca:
Altre novità includono miglioramenti alla funzionalità di suggerimenti di ricerca, e la pagina Nuova scheda che da oggi è disponibile anche per gli utenti di Toolbar per Internet Explorer. Per un elenco completo delle nuove funzionalità di Google Toolbar 6, date un'occhiata al nostro Centro assistenza.
Perciò, se siete curiosi, provate la nuova Google Toolbar per Internet Explorer (è disponibile in 41 lingue, italiano compreso), e non dimenticate di farci sapere cosa ne pensate.
Scritto da: Azzurra Damen, Consumer Operations
Any source
26 février - la photo du jour
ça dépasse les bornes ! Des chemtrails à en vomir ces derniers jours...
Vous n'en n'êtes pas sûr ?
Vérifiez par vous même !
Les sols s'assèchent vitesse grand V alors qu'il est tombé beaucoup d'eau il y a peu.
Les chemtrails ont aussi, entre autre "utilité" de favoriser la conduction électromagnétique.
Mais que nous prépare t-on ? on pourrait se le demander.
Claire
quelques liens :
http://www.evolutionquebec.com/site/nom/cequeson.html
http://lordvergan.free.fr/Reptiliens/chemtrails.html
et toujours le très complet
http://www.chemtrails-france.com/index.htm
Wednesday, February 25, 2009
The frequent trade-off of "politeness" and "civility" for clarity, accuracy, and exposing important truths. How to find the socially optimal balance?
Additional:
With regard to the specific catalyst for this post. I do regret using the word shameful in, "...but Mankiw has a shameful record of constantly intentionally misleading for the right." That's a case where the benefit did not outweigh the cost, even in a relatively informal, "dinner conversation"-like venue like the comments section of a blog. Moreover, I'm really not at all sure that Greg Mankiw's reasons are shameful. Like many people, I'm puzzled as to why he says and does the things he does. Maybe he's not intentionally misleading for personal gain; maybe he's just an extreme economic Libertarian, who sincerely thinks it's worth having far lower growth in wealth, science, medicine, and total societal utility, far more human suffering and far less human happiness, to avoid giving up even small amounts of personal economic freedom. Maybe he thinks he can affect positive change to the Republican Party better by staying on the inside than by being kicked out of the upper levels. And to stay in he has to say things which please those in control.
HATTRICK - Nuove Giovanili - Stelline e Stima dei Valori delle Skill 2.0
AVVERTENZA: QUESTO ARTICOLO E' OBSOLETO, I CALCOLI RIPORTATI SI RIFERISCONO AL PERIODO DI ELABORAZIONE DELLO STESSO, FEBBRAIO 2009, LO LASCIO COME RIFERIMENTO, MA TENETE CONTO DELLA SUA ETA'. GRAZIE
***
Come molti mi sono parecchio arrabattato sulle nuove giovanili. Quello che resta il nocciolo del problema è la STIMA DEI VALORI DI SKILL NELLE GIOVANILI che sono spesso sconosciuti.
La carenza di dati al riguardo è stata compensata da qualche gruppo di volenterosi che hanno pazientemente raccolto i loro valori: raccolte interessanti sono state fatte da agiro per i portieri e da altri per gli altri ruoli. Per questo abbozzo di ricerca ho utilizzato i dati raccolti in http://www.nrgjack.altervista.org/giovanili/ngpromozioni.php (220 giocatori) e http://hwuguadagno.altervista.org/studiong (418 giocatori) per un totale di 638 giocatori.
Ho riportato le tabelle in excel e ho cominciato a procedere considerando che il problema è quello solito della stima dei coefficienti dei parametri in una regressione lineare (http://it.wikipedia.org/wiki/Regressione_lineare) , occorre stimare i valori βi in Yi=β0+β1X1+...+βnXn.
Nel caso del portiere, ad esempio, avrò il vettore delle Stelline riportate giocando in porta dai vari giocatori (StGK) e i corrispondenti valori di esperienza e delle skill parate e difesa rivelatisi dopo la promozione in prima squadra. Ho sostituito alle valutazioni "buono","disastroso" e "tremendo" i valori mediani 7,5 1,5 e 2,5. Non conoscendo i decimali è prudente porsi nel mezzo.
Questo è un estratto di quello che risulta in excel:
Per i portieri quindi sembra che venga considerato l'86% della skill parate, il 6% dell'esperienza e solo il 1.9% della skill difesa. Questo ultimo valore è praticamente irrilevante dal punto di vista statistico, confermando l'utilizzo per le giovanili del vecchio motore di gioco che per i portieri considera solo la skill parate.
La formula potrebbe essere:
* DIFENSORI
prima fase di analisi: consideriamo il campione piu' ampio possibile -> 208 giocatori di cui conosciamo le stelline nelle giovanili, e il valore difesa ed esperienza rivelatisi in seguito. La regressione dà:
la formula per questa prima analisi è
seconda fase di analisi
restringo ora l'analisi ai 98 di cui conosco oltre alla skill in difesa anche quella in cross e ottengo
la formula per questa seconda analisi è
da notare il coefficiente nullo dell'esperienza e quello praticamente identico della difesa, mentre R2 cresce dal 79,8% al 85,2%
terza fase di analisi considero i 22 di cui conosco difesa e regia e ottengo
il campione in esame è molto ristretto però il coefficiente in regia parla chiaro 0,008 --> regia non va considerata
quarta fase considerando i 13 giocatori di cui conosco regia, difesa e cross cross parrebbe ancora meno rilevante di difesa, non riporto i dati delle stime per la limitatezza del campione.
con molta prudenza, considerando le fasi 1 e 2 dell'analisi, potrebbe quindi essere ipotizzata una formula:
* CENTROCAMPISTI
i 75 valori del sito http://hwuguadagno.altervista.org/studiong mi lasciano piuttosto perplesso perché se li utilizzo per la regressione ottengo un coefficiente della skill difesa doppio rispetto a quello della skill regia, cosa che per i CC è incongruente.
restringo l'analisi ai 39 giocatori dell'altro sito e ottengo
che suggeriscono una formula pari a
Per i CC allora viene considerato il 65% della skill regia + il 25% della skill passaggi e l'8% di difesa
* ALI qui si lavora bene: 138 giocatori completi di tutti i valori in difesa, regia, passaggi e cross
e anche i risultati sono buoni
R quadro oltre l'86% che suggerisce questa formula:
valore di cross considerato a poco piu' del 60%, pari al doppio della regia, poco meno per passaggi e ca il 14% per la difesa.
* ATTACCANTI
fase uno: 127 giocatori di cui conosco sia il livello in attacco che quello in passaggi
quindi StATT=-0,177+0,713*ATT+0,283*PAS+0,117*exp
fase due: restringo ai 42 giocatori di cui conosco anche l'abilità in cross per vedere se questa skill ha peso
0,04 come coefficiente per i cross, con le altre che variano abbastanza e R quadro che crolla.. hmm preferisco la prima fase quindi:
per gli attaccanti il 71% di attacco e il 28% di passaggi.
Quello che ottengo è quindi un sistema di equazioni lineare, che potrà essere via via risolto in relazione alle skill che verranno rese certe dall'allenatore delle giovanili.
ecco il sistema
StDIF = -0,5+0,87*DIF+0,20*CRO
StCRO = -1,5+0,62*CRO+0,30*REG+0,24*PAS+0,14*DIF+0,27*exp
StATT =-0,18+0,71*ATT+0,28*PAS+0,12*exp
quindi, ad esempio, potrò risolvere la prima equazione per stimare il valore di skill del portiere,
StGK = 1 + 0,86 PAR + 0,06 exp
StGK - 1 - 0,06 exp= 0,86 PAR
PAR = (StGK - 1 - 0,06 exp) /0,86
se ad esempio riceve 6 stelline e la sua exp è stimata a 1,5 allora sarà
PAR = (6 - 1 - 0,06*1,5)/0,86 = 5,709
notare che in mancanza di dati piu' precisi conviene sempre stimare Debole=4,5, Scarso=3,5 ecc
questo lavoro può essere utile anche al contrario, ossia per
STIMARE I DECIMALI DEI GIOCATORI PROMOSSI
esempio concreto (segnalato da un amico): giocatore appena promosso con
regia 5
difesa 3
pass 4
in giovanile aveva ottenuto in posizione centrocampista centrale 5,5 stelline
avrò quindi
StREG=0,13+0,64REG+0,25PAS+0,08DIF
imposto in excel mettendo regia 5,5, passaggi 4,5 e difesa 3,5
i primi valori sono quelli rilevati, imposto poi la formula che mi stima il valore che qui è pari a 5,160 e l'ultimo valore è la differenza col valore reale (5,5-5,160)
è chiaro che mancano dei decimali... (se l'errore è positivo devo aumentare i decimali, se negativo ridurli) allora proverò ad aumentare i decimali per ridurre al minimo lo scostamento, aumento quindi regia, passaggi e difesa quanto serve restando dentro il limite (cioè regia insufficiente varierà tra 5,0 e 5,9)
vedo che inserendo regia 5,9, passaggi 4,8 e difesa 3,6 l'errore si riduce a 1 millesimo...
come detto sopra vista la scarsezza del campione in esame tutto questo è suscettibile di ampie correzioni, tuttavia può essere una base da cui sviluppare una ricerca e dare indicazioni di massima sui decimali dei giocatori
Andreac (team ID 1730726 in Hattrick)
qui l'INDICE del Blog
Do subsidies keep the cost of food down?
First, it's an inefficient way of delivering the subsidy to those most in need. In so far as the cost is reduced, the benefit reaches the rich as well as the poor. It would be better to ensure that the least well off members of the population had enough money for a balanced and nutritious diet.
Second, the protectionist aspects of the CAP mean that consumers in the EU do not have unhindered access to agricultural goods at world market prices. The EU price is generally above the world price.
What about the single farm payment? Much of the money spent on the CAP does not reach the farmer, but is absorbed by administrative costs (pushed up by the complexity of the system), traders and food processors (just look at how much Tate & Lyle has received) and by criminal organisations.
As a rational decision-maker, the farmer is not going to use the subsidy to lower prices. He may invest in the farm, thereby benefiting suppliers of agricultural equipment which is why they favour the CAP so much. Or he may decide to use the money for personal consumption - or more likely some mixture of both.
Some of my colleagues at Warwick HRI think that food is too cheap. By that they mean that it costs so little that people do not value it enough and the emphasis is on low cost production, regardless of some of the negative externalities. There is something in this, but one has to consider the impact of higher food prices on the constrained budget of the typical family.Any source
Marc Andreessen on Charlie Rose
There are a lot of different things I could be posting about today (bank nationalization, the stock market, the wondrous things Obama said, etc.).
What I am posting today is this recent interview with Marc Andreessen on the Charlie Rose show. I'd seen the interview posted at a couple of different blogs this week, but finally got a chance to watch it yesterday while checking in with Howard Lindzon's blog. I'm glad that I did.
As you'll see right from the beginning of this interview, Charlie Rose engages the fast-speaking Andreessen on a number of subjects, from advances in technology (Twitter, Facebook, Ning, social networking and more) to entrepreneurship and venture capital and the current state of the economy.
Their rapid-fire exchange hardly lets up througout the interview, so that by the end of the program, you might find yourself trying to remember and sort out all the information and opinions that were just thrown your way within a 53 minute timespan.
But it's a very engaging discussion, one that will probably lead you to reflect on the rapid changes that are occuring in our world today, thanks in large part to the accelerating pace of technological advancement. Any source
Aggiornamento sul dibattito sulla regolamentazione della rete
Scritto da: Marco Pancini, European Policy Counsel
Any source
Pyrocumulus desde O Barco ( 25/2/09 )
*fuego
*volcán que entra en erupción
*industrias, etc.
Estos causan la calefacción del aire, generalmente con mucho de humedad en ellos. El pyrocumulus sin obstrucción se forma solamente si hay viento muy pequeño, de modo que la termal pueda levantarse al nivel de la condensación sin mezclar demasiado con el aire ambiente.
Tuesday, February 24, 2009
Delloite sets up Islamic finance centre in KL
Delloite has set up its third Islamic Finance Centre of Excellence for the Asia Pacific region in Kuala Lumpur to help its International clients replicate the Malaysian success in Islamic Finance.
CEO Chaly Chee Keong said Malaysia is a good location because of its unique position as a major global player in the world of Islamic Finance and its geographical location offered opportunities to promote Islamic Finance to other countries in the region.
Chaly said the company has started to build a team between eight and ten professionals comprising auditors, financial advisors and those with banking background to be based in the Kuala Lumpur centre to continue recruiting more.
"The centre of excellence will be the core for people to understand more about Islamic Finance and all complexities around this product," Chaly told reporters in Kuala Lumpur yesterday.
He said many non-muslim countries such as Singapore, the UK, Japan and Hong Kong have also expressed their interest of becoming major players in the Islamic Finance Industry.
Islamic Leader of Deloitte South-East Asia, Eugene Wong, said there are so many factors such as the significant petrodollar running through the Middle East which has helped draw attention to the concept of interest free banking and finance to the centre stage.
He also said the recent subprime issue which brought the financial world to a crisis, has revealed that the guidelines of Shariah to insists on real assets seemed to be the shield of protection for the Islamic Institutions from going the way of their conventional counterparts.
Islamic Finance Specialist Daud Vicary Abdullah said the average growth rate of the global Shariah compliant assets over the past ten years is estimated to be 10-15% which is double the rate of the conventional market.
(This story appeared in The Malaysian Reserve on Feb 23, 2009. The Malaysian Reserve is a daily business/finance newspaper published out of Kuala Lumpur, with a sectoral page on Islamic finance on Mondays, edited by Habhajan Singh) Any source
Thai SET to launch Shariah 50 index
The index would combine 50 listed stocks, making up 47% of the SET's market capitalisation, that are compatible with Islamic law, reports The Nation.
It quoted Santi Kiranand, head of market development, as saying that SET and FTSE have jointly developed the Shariah index while the selection of the 50 firms was performed by the Yasaar Committee.
The roadshow would touch down in Qatar, Dubai, the United Arab Emirates and Abu Dhabi, with the aim to attract petrodollars from the Middle East to the SET.
"Many countries in Asia have been active in launching Shariah indexes including Singapore, Hong Kong and Taiwan," Santi said. Just over two years ago, Bursa Malaysia Bhd (Bursa Malaysia), in collaboration with global index provider FTSE Group (FTSE) launched the FTSE Bursa Malaysia EMAS Shariah index on Jan 22, 2007.
The index was designed to provide investors with a broad benchmark for Shariah compliant investment for the Malaysian market. When launched two years ago, it took the constituents of the FTSE Bursa Malaysia EMAS Index, which has been free float weighted and liquidity screened, and overlays the Securities Commission's Shariah Advisory Council's (SAC) screening methodology to derive an 'investable and transparent' Shariah compliant index.
As at Nov 28, 2008, there were 855 Shariah compliant securities as determined by the Shariah Advisory Council (SAC) of the Securities Commission (SC). This represented 87% of the total listed securities or 64.3% of the market capitalisation on Bursa Malaysia.
In neighbouring Bangkok, the newspaper reported that at least two or three asset management companies have shown interest in launching funds investing in stocks in the Shariah index. One operation thought behind the launch of the fund is to position it as a product that asset management companies could use to draw funding from investors in the Middle East.
(This story appeared in The Malaysian Reserve on Feb 25, 2009. The Malaysian Reserve is a daily business/finance newspaper published out of Kuala Lumpur, with a sectoral page on Islamic finance on Mondays, edited by Habhajan Singh) Any source
First RM22m Islamic-themed hotel to be set up in Pantai Puteri, Melaka
"The hotel based on Islamic concept will be a model of wakaf development for all state Islamic affairs councils, encouraging them to give attention to the commercial aspect," he told reporters at the hotel's ground-breaking ceremony in Tanjung Kling on Feb 23. Also present was MAIM deputy chairman Ghazale Mohamad, who represented Melaka Chief Minister Datuk Seri Mohd Ali Rustam.
Ahmad Zahid said under the Ninth Malaysia Plan, the federal government through Jawhar has allocated RM256.5 million for the development of wakaf land (trust property) nationwide.
"The Islamic-themed hotel is among the 19 projects being developed by Jawhar with the cooperation of Islamic affairs councils," he added. Ahmad Zahid said the hotel, to be managed jointly by Maim and Yayasan Wakaf Malaysia, will provide facilities, support services and food which meet Islamic requirements.
The hotel, he said, will have a multi-purpose hall, seminar room, office and surau with the first phase having started on Jan 15, 2009, and is due for completion on July 14, 2010. — BernamaAny source
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How Many of Your Visits are from iPhones?
Advanced Segmentation is one of Google Analytics' most powerful features - you can use it to slice and dice your Google Analytics data by, well, pretty much anything. We've made it a little easier to see what your iPhone visitors are doing on your site by adding a default Advanced Segment showing just visits from iPhones.
Enabling the new iPhone segment is easy: click on the drop down menu at the top right of any report next to the text "Advanced Segments", and select "Visits from iPhones" in the list of default segments. You might want to turn off "All Visits" when viewing your iPhone segment; if the percentage of total visits to your site from the iPhone is small, it will be difficult to visualize the two sets on numbers on the same graph.
Like any Advanced Segment, all of Google Analytics' reports are available; this includes AdWords performance, of course. If you use AdWords, you can now use Analytics to better analyze the performance of any campaigns that use our new iPhone and high-end mobile targeting feature. We've added the iPhone segment to get you started, but you can always create a custom Advanced Segment to compare or combine iPhone visits with other mobile operating systems; for instance, if you're targeting ads in AdWords to iPhone & high end mobile devices (which currently includes Android devices), you can create a new segment for iPhone & Android.
From the Advanced Segments drop-down, click on "Create a new advanced segment", and create a segment with 2 criteria. Drag "Operating System" under the "Systems" dimension into the target area with the dotted-line border, and type "iPhone" into the "Value" field. Click "Add 'or' statement" to get a second target area, and do the same for Android. Then, you can name your segment "High-end mobile" and see that traffic in Analytics.
Posted by Chrix Finne, Google Mobile Ads TeamAny source