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May 18th from WikiFX news. According to US media, HSBC lost around US$200 million within one day in March, much exceeding the maximum loss estimated by HSBC‘s risk value model and costing a whole year’s total gain in gold trading.To get more news about WikiFX, you can visit wikifx official website.

  In other words, HSBC lost a whole years gold-trading profit within just one day.

  The loss has largely been due to the extremity in March, as the lockdown measures cut off material golds supply channel around the globe. Price gap between New York gold futures and London spot gold hit a record high of US$70.

  In general, the spread between spot gold and futures is no more than a few dollars per ounce. Banks usually sell gold futures in New York as a way to of hedging for the positions in the London market, and a significant variation of prices in the two markets will cause them heavy losses.

  According to HSBC, the loss due gold‘s market value was attributed to challenges gold refinement and transportation.As spot-gold trading expanded unprecedentedly, this affected HSBC’s gold leasing and financing businesses, as well as other hedging activities, leading to a loss.

  HSBC is not the only institution that suffered from gold markets unusual volatility. The long-established Bank of Nova Scotia in Canada also closed precious metal trading department in March, allegedly for the same reason.
buzai232 Nov 24 '20, 02:00AM
A Barberton city worker struck gold last week when he purchased a $1 million Max the Money instant lottery ticket at the Circle K store on Fifth Street.Get more news about 包网公司,you can vist nb68.com

The employee of the city’s Streets Department did not want to be identified, but gave permission to Barberton Councilman Shaun “Rocky” Jaber to post the news on social media. A photo in Jaber’s post shows what appears to be the winning ticket.

Jaber said in a phone interview on Saturday that he received an image of the ticket “from a friend of a friend” of the winner.

Jaber said he first heard about the ticket from a Circle K employee who is a regular customer at Rocky’s Gas & Drive Thru, the Barberton establishment he owns and operates. The woman told Jaber that she had sold the winning ticket.

“She was very excited about it,” Jaber said.According to the Ohio Lottery, 29 $1 million tickets and two $10 million tickets remain in circulation in the Max the Money game. The $1 million ticket amounts to an annual payout of $40,000 for 25 years.

Jaber said the winner contacted him and requested his name not be used in any post.“He called me yesterday and said, ‘You can post [it], but don’t give my name,’ ” Jaber said.

The councilman said the winner also bought a $100 ticket at the Circle K at the same time.Jaber, who also sells instant tickets at his drive-through, said the largest winner he’s sold was a Rolling Cash 5 ticket for $250,000 in 2017.

He said he’s glad for the winner, although he wished he had sold the ticket.“He deserves it. He’s a regular customer here, too,” Jaber said.

Jaber said stores that sell winning tickets receive a commission, which would be $10,000 on this ticket.The winner turned in his ticket Thursday at the Canton lottery office, but not before assuring himself he had won.
buzai232 Nov 24 '20, 01:22AM
A lucky Long Island landscaper really raked in the dough.Get more news about 牛博包网公司,you can vist nb68.com
Marvin Rosales-Martinez, who found a $1 million Win for Life lottery ticket in a pile of leaves and lawn clippings, left his co-workers green with envy Friday as he collected his prize.
According to the Hicksville man, the answer to his fiscal prayers was blowing in the wind as he wielded a rake back in October 2012."It was all wet, and I took it home and I dried it," he recounted. "When I found out I had won, I felt very lucky. I felt very happy."
The landscaper had a long wait to turn his good fortune into a small fortune.
Lottery officials conducted a yearlong investigation to ensure the winning ticket was legit and that no one else would claim it as theirs.Since the winner went for the cash option, he'll collect $515,612 after taxes, lottery officials said.
"It's a lot of money," said the Spanish-speaking Rosales-Martinez through an interpreter. "I'm going to help my family, buy a bunch of little gifts and invest some of it."
His mom, Maria Martinez, said she told her son to toss the winning ticket — and now she's glad he didn't listen."I said 'Oh my God!' when I found out that he won," she said. "I didn't believe it."
Rosales-Martinez was just as stunned, according to his mom.
"He told me, 'I've been working for 20 years in this country and I've never found even $100 — let alone a million,'" Maria Martinez said.
buzai232 Nov 24 '20, 01:09AM
It has been confirmed that Phase 2 of World of Warcraft Classic will arrive on November 12th. With Phase 2 players will enjoy new World Boss, Dire Maul dungeon and other new contents.To get more news about buy wow gold classic safe, you can visit lootwowgold official website.

What is WoW Classic Phase 2 release date?

Blizzard has announced that World of Warcraft Classic Phase 2 is coming to the game on November 12th, 2019. In Phase 2, there will be new World Boss, dropping highly competitive loot, a new 5-players dungeon and the PvP honor system.

Main contents in WoW Classic Phase 2

1. New World Boss
Azuregos - You will be able to find him in South Azshara. A Hunter quest, Ancient Sinew Wrapped Lamina, allows you to get the Ancient Sinew Wrapped Lamina quiver, increasing the speed of your ranged attacks by 15%.
Seigneur Kazzak
2. Dire Maul
Dire Maul is a new 5-players dungeon, divided into three wings: East, West, North. You need to venture into the jungle, in the realm of ancient ogres, by the East wing, to recover your Crescent Key. It is with this key that you will unlock the other two wings. There will be various rewards including a special book that will give you a trinket suitable for your class.
3. PvP Honor System
PvP Honor System will allow you to earn Honor Points to climb the ladder of PvP Ranks. The latter will enable special factional titles and powerful equipment as rewards to unlock. You will compete not only against enemy players in PvP combat, but also against your allies to obtain the highest rank.
buzai232 Nov 24 '20, 12:55AM
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buzai232 Nov 24 '20, 12:36AM
Schlesinger has held senior sales and marketing roles at companies including Norwegian Cruise Line, Orient Lines and Voyages to Antiquity. At a time when established international operators are cultivating the Chinese source market, he sees significant opportunity for China to organically develop its own cruise brands.To get more news about Shanghai mba, you can visit acem.sjtu.edu.cn official website.

Schlesinger said his presentations for the Shanghai students covered real marketplace issues, especially product segments, on-board elements, itineraries and booking protocols.

'The experience provided interesting insights into the state of the Chinese industry development, the travel agency community and the rapid changes that will take place during the next five years,' he added.

The Shanghai Maritime University Executive MBA program was developed in response to the dramatic growth of China's cruise market. The program is designed to educate Chinese officials and entrepreneurs interested in participating in the creation of new cruise companies.

Previous lectures have focused on financial and operations management, and cruise terminal development.
buzai232 Nov 24 '20, 12:17AM
As the world’s first import-themed national-level expo, the CIIE embodies China’s solemn promise to opening-up, and epitomizes its firm commitment to supporting economic globalization and building an open world economy.To get more news about CIIE 2020, you can visit shine news official website.

At a time when the COVID-19 pandemic is still raging on and the world economy is tottering along, China’s steadfast promise and practice of opening-up resonate with and buoy up all those dedicated to battling the coronavirus, boosting common development and building a brighter future for humanity.

The CIIE came into being a decade after the 2008 global financial crisis, as the world economic recovery was losing steam, trade protectionism and unilateralism were on the rise, and economic globalization was facing strong headwinds.

Global trade is an important engine for world economic growth. When the world economy was facing severe challenges, China, as the world’s largest trader of goods, voluntarily set up the CIIE as a platform for businesses around the world to further tap its enormous and growing market. According to a 2018 estimate, China was expected to import more than 30 trillion and 10 trillion U.S. dollars’ worth of goods and services respectively in 15 years.

Over the past two years, the CIIE has grown into a key channel for products worldwide to find their way into the Chinese market. Official statistics show that tentative deals worth about 57.83 billion and 71.13 billion dollars were reached at the previous two editions respectively.Along with China’s concrete moves to foster a world-class business environment and deepen bilateral and multilateral cooperation, the CIIE has not only testified to China’s unflinching commitment to ushering in a new round of high-level opening-up, but also manifested its sense of responsibility as a major country to share its development opportunities and shore up the world economy.

The opening of the latest CIIE also clears up the doubts about China’s opening posture arising from China’s efforts to form a new development pattern that features the domestic market as the mainstay with domestic and international markets reinforcing each other.Our aim is to turn the Chinese market into a market for the world, a market shared by all, and a market accessible to all,” Chinese President Xi Jinping said in his keynote speech via video at the CIIE opening ceremony late Wednesday. “This way, we will be able to bring more positive energy to the global community.”

Rolled out as scheduled every year, the CIIE attests that China honors its promise of opening-up with concrete actions to share the dividends of its development with the rest of the world and bolster shared growth.Over the past four decades, China has been striding resolutely forward along the path of reform and opening-up regardless of the vicissitudes on the global landscape. That path not only suits China’s development needs but accords with the trend of the times in this age of globalization.
buzai232 Nov 23 '20, 10:45PM
Chinese leaders are conducting an import fair under intensive anti-coronavirus controls in their latest effort to revive the world's No. 2 economy while the United States and Europe struggle with a renewed surge of infections.To get more news about China International Import Expo 2020 shanghai, you can visit shine news official website.

Few exhibitors came from abroad for the third China International Import Expo. Most were represented by Chinese employees or managers who work in China. Beijing has eased curbs that barred foreign visitors to China, but new arrivals are required to undergo a 14-day quarantine.

China, where the pandemic began in December, became the first major economy to begin the struggle to restore normal activity after the ruling Communist Party declared victory over the virus in March. Economic growth turned positive in the three months ending in June. Retail spending has edged back above pre-virus levels.

“By hosting the expo in these difficult times, China is demonstrating its resolve to keep the global economy on track,” the official China Daily newspaper said Wednesday.

The expo does nothing to address complaints about China’s trade record that helped to spark its tariff war with Washington and fuel tension with Europe, Japan and other trading partners.

Other governments complain Beijing violates its free-trade commitments by hampering access for foreign companies that want to invest and compete in its industries. They say the ruling party improperly supports its fledgling companies in technology and other promising fields and shields them from competition.The approximately 2,600 companies at the six-day expo that opened Thursday in a cavernous, 1.5 million square meter (16 million square foot) convention center include many that already operate in or sell to China.

Tyson Foods Inc. is at the expo for the first time to showcase its pork, beef and pet food, said Zhou Qian, the company’s public relations manager for Greater China. Tyson has been selling chicken in China for two decades and has six factories in this country.

“2020 is a very special year. The epidemic is both a challenge and an opportunity for our meat company,” said Zhou.

China has relaxed most anti-disease controls but travelers and visitors to public buildings still are checked for fever and must show a smartphone app that records whether they have been to areas with recent infections.
buzai232 Nov 23 '20, 10:29PM
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buzai232 Nov 23 '20, 07:20PM
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buzai232 Nov 23 '20, 07:06PM
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