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Facebook’s Super-Charged Open Graph & the Semantic Web

September 29, 2011 by Jenz514   Comments (0)

A recent outlook on the latest Open Graph developments out of Facebook states, “It’s the Semantic Web, Stupid.” The article explains, “That’s what brands and retailers should make of Facebook’s new super-charged Open Graph that will seamlessly add user activity and intentions (‘using’, ‘searching’, ‘wanting’, ‘shopping’, ‘watching’, ‘playing’, ‘reading’ and listening’) to the Open Graph via app integration. (Oh how the poor ‘Like’ button looks so 2-dimensional this week).” continued…


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Taiwan Central Bank Holds Discount Rate at 1.875%

September 29, 2011 by CentralBankNews   Comments (0)

The Central Bank of the Republic of China (Taiwan) held its discount rate unchanged at 1.875% and the collateralized loan rate at 2.250% and the unsecured loans rate at 4.125%.  Bank Governor, Perng Fai-nan, said: "A global slowdown and consumer prices stabilizing led to the decision," and further noted "Taiwan's imported inflation will cool as global prices ease in the next three months after peaking in the third quarter."  Perng also noted on the recent deterioration in conditions: "Taiwan's economy won't be as bad as back in 2008,".

Taiwan's central bank last raised the discount rate 12.5 basis points to 1.875% at its July meeting this year, also raising 12.5 basis points in March.  The Bank also recently raised the minimum liquidity requirements ratios.  Taiwan reported annual consumer price inflation of 1.32% in July, compared to 1.93% in June, 1.7% in May, and 1.3% in April this year, meanwhile the government is forecasting 2011 inflation of 2.1%.  The Taiwan economy grew 5% year on year in the June quarter (6.2% in Q1 2011); slower than 2010's 10.9% economic growth rate, according to the Directorate General of Budget, Accounting and Statistics.

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Romania Central Bank Keeps Rate at 6.25%

September 29, 2011 by CentralBankNews   Comments (0)

The Banca Nationala a Romaniei kept its key monetary policy interest rate unchanged at 6.25%.  The Bank said: "Disinflation is expected to continue in the period ahead, so that annual inflation rate will near the target. The faster disinflation while keeping the monetary policy rate unchanged and amid a moderate leu exchange rate volatility translate into a tightening of real broad monetary conditions aimed at supporting the convergence of inflation towards the medium-term objectives."

Previously the Bank also held the interest rate unchanged at 6.25%, its last move was a 25 basis point cut in May 2010.  Romania reported annual consumer price inflation of 4.25% in August, 4.85% in July, 7.9% in June, compared to 8.4% in May and 8.3% in April 2011, and above the Bank's inflation target range of 3% plus or minus 1%.  The Bank previously noted it expects energy sector reforms and prices rises to keep inflation elevated this year.  The Banca Nationala a Romaniei next meets on the 2nd of November this year.


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