| CFFEX approves 13 new members
The China Financial Futures Exchange (CFFEX) announced the fourth group of members on Monday. Including the 13 new members, the total number of CFFEX member brokers is now 52, accounting for about one third of all of China's futures brokers. Analysts believe continuous expansion of the membership indicates accelerated preparations for the launch of the country's first financial futures products based on the CSI 300 index. Two of the 13 new members - Donghai and Everbright - have been granted full clearing rights . Six of them are trading and clearing brokers: Topwin, Henan Wanda, Haitong, Shanghai Tonglian, Shanghai Zhonggu, and China Merchants. Five are trading members: Chuangyuan, Hengyin, SC, Zhujiang and Zhejiang Tiandi. As of yesterday, of the total 52 CFFEX members, seven are full clearing brokers, 27 are trading and clearing brokers, and 18 are trading members.
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The final week of the season will include hosting Colorado and traveling to Iowa State. "We're battling our hearts out to try to figure out a way to win this conference," said Martin. "The next game is always the biggest one if you want to win a championship. When you're not fighting for first place, then you're just trying to survive. When you're trying to win a championship, regardless of who you play, that next game becomes the biggest game of the year." History says that any of the three teams can lose no more than one game to secure the 2008 championship. Never has a team won the outright Big 12 title with a record lower than 13-3. In 2005, Oklahoma and Kansas shared the title at 12-4, and only three other times has the league winner finished at 13-3 — Texas and Kansas in 2006, Iowa State in 2001, and Texas in 1999.
Prepare to say goodnight to some shows
The Writers Guild of America strike is officially over, but its effects will linger for a while on Fridays. According to various trade-magazine reports, the futures of Women's Murder Club and Friday Night Lights are in doubt, and I get the sense that folks shouldn't get too close to Las Vegas, either. CBS, meanwhile, has announced anticipated April returns for first-run episodes of Ghost Whisperer, Moonlight and Numbers. Tonight, except for a two-hour Las Vegas season finale, most of the first-run scripted stuff is on cable, where you'll find some other season finales. Stuff to watch or record Friday Night Smackdown!: And you thought Valentine's Day was over -- in this episode of the wrestling series, World Heavyweight Champ Edge gives Smackdown general manager Vickie Guerrero a valentine.
USD/CAD May Find Parity Once Again As Canadian Data Provides Event ...
NZ Retail Sales Data May Decide. Feb 13 - AUD/USD May Target 0.9100 As Labor Market Data Supports Hawkish RBA Feb 12 - GBP/USD Upside Risk Looms Ahead of BOE Inflation Report and US Retail Sales Feb 11 - Euro: ZEW Investor Survey Likely To Reflect Bearish Sentiment in FX, Equities Feb 08 - GBP/USD May Climb As Inflation, Trade Data Highlight BOE's Conundrum Feb 05 - USD/CAD: Ivey PMI May Signal Weak Jobs Data, Possible Rate Cut by the BOC? Feb 07 - USD/CAD May Find Parity Once Again As Canadian Data Provides Event Risk Feb 06 - Euro: Traders Are Betting On Dovish ECB Rhetoric - What If They're Wrong? Feb 04 - The RBA May Hike, But Will AUD/USD Rally In Response? Not Necessarily. Feb 01 - Australian Data May Set the Stage for 25bp Rate Hike by the RBA On Monday Jan 31 - EUR/USD: Manufacturing Data May Confirm Slowing Global Growth Jan 29 - Will the Fed's Rate Decision Support EUR/USD, Treasuries, and the Dow? Jan 30 - Will the Release of US Q4 GDP Curb Expectations for a 50bp Fed Rate Cut? Jan 28 - US Dollar: Consumer Confidence May Highlight Poor 2008 Spending Outlook Jan 25 - US Home Sales May Set the Stage for the Fed Rate Decision - Will They Cut? Jan 23 - US Housing Data May Exacerbate Recessions Fears, Lead Dollar Lower .
Obama's Michelle Problem
If she wins a primary one week that makes her more likely to lose the next one. .... 3:06 P.M. link ___________________________ Is that an S-Chip on Your Shoulder or Are You Just Glad to See Me? John Podhoretz argues that Michelle Obama's comment--about how "for the first time in my adult lifetime, I am really proud of my country"-- suggests the Obama campaign really does have its roots in New Class leftism, according to which patriotism is not only the last refuge of a scoundrel, but the first refuge as well — that America is not fundamentally good but flawed, but rather fundamentally flawed and only occasionally good. He could be right! Her comment is also of a piece with the cavalier Obamaesque dismissal of the achievements of the Clinton years and her church's focus on "this racist United States of America." But is the explanation necessarily political? Even Dennis Kucinich would probably have no problem finding something to be proud of in the past two decades.
Windfalls would aid infrastructure, Dion says
I hope the debtors will write off all those debts since it will take Canada almost 100 years to pay off everything. It's like why no spacecraft has ever travelled to Pluto since there's no point and will need to travel faster than the speed of light. Posted 15/02/08 at 9:35 AM EST | Alert an Editor | Link to Comment .
Markets are overreacting on news from Wal−Mart and Goldman Sachs
The Standard & Poor's 500 Index climbed 41.87, or 2.9 percent, to 1,481.05, the biggest gain since the Federal Reserve cut interest rates on Sept. 18. The Dow Jones Industrial Average increased 319.54, or 2.5 percent, to 13,307.09. The Nasdaq added 89.52, or 3.5 percent, to 2,673.65. Almost nine stocks gained for every one that fell on the New York Stock Exchange. The Dow Jones Stoxx 600 Index added 1.2 percent to 372.84 as of 8:12 a.m. in London. The Stoxx 50 also increased 1.2 percent, and the Euro Stoxx 50, a measure for the euro region, jumped 1.1 percent. Bank of America Corp.climbed 5.2 percent today even after the second-biggest U.S. bank said it may need to write down $3 billion in mortgage-related debt securities this quarter. Wal-Mart advanced $2.65, or 6.1 percent, to $45.97 today.
Farmers Wonder if Boom In Grain Prices Is a Bubble
Come spring, Tim Recker plans to demolish two rotting barns and a dilapidated workshop on his 1,500-acre farm in Arlington, Iowa. In their place will sit about three acres of rich, black topsoil prime for capitalizing on the biggest global grain boom in decades. "Every acre is more valuable than it was five years ago," says Mr. Recker, a farmer and land excavator. With corn, wheat, soybeans, barley, sunflowers and other grains selling at or near record prices, U.S. farmers are preparing for a potentially historic planting season. A rush to make biofuels from crops and soaring demand for grains in China, India and other emerging markets have pushed up grain prices world-wide, helping drive food prices higher. .
London shares close at session highs as NY rises on rate cut hopes ...
(Updating with full details) LONDON, Jan. 29, 2008 (Thomson Financial delivered by Newstex) -- Leading shares closed up, at session highs, aided by a strong rise on Wall Street in anticipation of a rate cut tomorrow, while miners underpinned Footsie gains as production worries pushed base metals higher. At the close, the FTSE 100 index was up 96.3 points at a day's high of 5,885.2, while the FTSE 250 index closed 264.9 higher at 9,905.4. Volume was light, with 2.292 bln shares changing hands in 733,093 deals. On Wall Street, stocks advanced as the Federal Reserve opened a two-day meeting expected to result in another interest rate cut to revitalize the struggling U.S. economy. By the London close, the Dow Jones industrial average rose 81.40 to 12,465.30. Broader indexes were also higher. The Standard & Poor's (NYSE:MHP) 500 index rose 7.70, to 1,361.65, and the Nasdaq composite added 4.82, to 2,354.73.
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