CHINA INVESTMENT CORPORATION - CIC
Government-sponsored entity of China, which invests in securities and commodities worldwide. This sovereign wealth fund was originally funded with about $200 billion, coming from the issuance of long-term treasury bonds by the People’s Bank of China (PBOC). Then, the bond proceeds were exchanged into dollars via the foreign exchange market. Established in 2007, the CIC has $575.2 billion in assets as of 2013.
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Stock Certificate
Document outlining ownership in a firm, which shows details including the number of shares owned, date, identification number, corporate seal, and ...
Clientele Effect
Theory stating a firm’s stock price moves based on the demands and goals of investors relative to a dividend, tax, or other policy changes wh ...
Contra Liability Account
Account debited to offset another liability account. It is used to adjust the book value of an asset or liability.
Wasting Asset
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| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |
