GUANXI
Chinese term meaning connections or networks. Understandably, it is a network of relationships created to give assistance and cooperation among the parties involved in doing business in China. As per the Los Angeles Chinese Learning Center, by getting the right guanxi, organizations reduce the frustrations, risks, and disappointments in running a business.
POPULAR TERMS
SFAC
The Statement of Financial Accounting Concepts (SFAC) is a Financial Accounting Standards Board (FASB) document that covers broad financial reporti ...
Eco-Communalism
Economic/environmental philosophy focusing on local economies, sustainability, and self-sufficiency. It is based on the belief several self-suffici ...
Barone-Adesi And Whaley Model
The quadratic estimation technique for putting a price on exchange-traded American call and put options on commodity futures and commodities. Baron ...
G. Allen Andreas Jr.
Former President, Chairman, and Chief Executive Officer of Archer Daniels Midland (ADM), an agribusiness firm in the United States with operations ...
Third Market
Marketplace where brokers/dealers and institutional investors trade exchange-listed stocks. In essence, the market encomapasses securities listed o ...
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SEE FOREX TUTORIAL
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Sep | |
| 02:30 | Tertiary Industry Index | Sep | |
| 02:30 | PMI Composite | Sep | |
| 07:35 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 10:00 | Ifo Business Climate Index | Sep | |
| 10:00 | Ifo Current Assessment | Sep | |
| 10:00 | IFO - Expectations | Sep | |
| 15:00 | NBB Business Climate | Sep | |
| 18:00 | FOMC Member Raphael W. Bostic Speaks |
