Remember me

Register  |   Lost password?










All site blogs

On Valentine's Day, do you love your bank?

February 14, 2012 by skinnercm   Comments (0)

Well, it’s Valentine’s Day and there’s the usual raft of bank-related love and hate going around.

read more...

, , , , , , , , , , , , , , , , , , , , , , ,

Mantaro Announces the Lowest Latency 10G Ethernet FPGA IP Solution

February 14, 2012 by mikeohara   Comments (0)

Mantaro now offers the lowest latency 10G Ethernet Solution for Altera and Xilinx FPGAs. It is specifically targeted for demanding financial, high-frequency trading and high performance computing applications.

read more...

, , , , , , , , , , ,

My Blackberry is not working ...

February 14, 2012 by skinnercm   Comments (0)

I know that this has been around a while, but I was talking about this Ronnie Corbett sketch the other day and it still makes me laugh.

read more...

, , , , , , , , , ,

Things worth reading: 14th February 2012

February 14, 2012 by skinnercm   Comments (0)

Things we're reading today include:

read more...

, , , , , , , , , , , , ,

Bank of Japan Increases APP 10 Trillion Yen to 65 Trillion

February 14, 2012 by CentralBankNews   Comments (0)

The Bank of Japan held its interest rate at 0-0.10% and added 10 trillion to it's now 65 trillion yen quantitative easing program.  The Bank noted that this will mean the Asset Purchase Program will increase by about 22 trillion yen by the end of 2012, compared to the current implemented level of about 43 trillion yen. The Bank said: "Japan's economic activity has been more or less flat, mainly due to the effects of a slowdown in overseas economies and the appreciation of the yen.  On the other hand, financial  conditions in Japan have continued to ease.  On the price front, the year-on-year rate of  change in the CPI (all items less fresh food) is around 0 percent."


The Bank of Japan also announced an inflation target as "a positive range of 2 percent or lower in terms of the year-on-year rate of change in the consumer price index (CPI) and, more specifically, set a goal at 1 percent for the time being".  The Bank noted that the 2 percent target is what it considers "The price stability goal in the medium to long term".  The inflation target mirrors that announced by the US Federal Reserve in its January communications package.

At its January meeting the Bank of Japan held policy settings unchanged, after it expanded its asset purchase program in October by another 5 trillion yen to 55 trillion yen, and previously announced additions to its quantitative easing program during its August meeting.  The Bank had previously changed its asset purchase program in March last year, when it added a further 5 trillion yen to its target.  Japan reported annual headline consumer price inflation of -0.2% in December, compared to 0% in October and September, 0.2% in both August, July and June, and 0.3% in both May and April.  

The Bank of Japan is forecasting real 
GDP growth of -0.4 to -0.3% in fiscal 2011, 1.8-2.1% in fiscal 2012, and 1.4-1.7% in fiscal 2013.  Meanwhile, nominal quarterly GDP growth in Japan was recorded at -0.6% in December, 1.7% in September, -0.4% in June and -1.8% in March.  The Japanese Yen (JPY) has gained around 7% against the US dollar over the past year; the USDJPY exchange rate last traded around 78. While the Nikkei 225 has fallen -16% over the past year; last trading around 9,052.

, , , , , , , , , , , , ,

FINCAD Awarded as one of Canada's Best Small and Medium Employers

February 13, 2012 by FINCAD   Comments (0)

[02/13/2012] FINCAD is ranking as one of the 50 Best Small and Medium Employers in Canada.

,