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
Pinning the Strike
The tendency of the price of a stock to close near the strike price of heavily traded option as the expiration date nears.
Ratable Accrual Method
Ratable Accrual Method is used to determine when and how much was gained in a certain period of time. This method may be used to compute the intere ...
Goldbricker
Referring to an unproductive employee who tries to avoid work and/or responsibilities. They also use working office hours to use the internet or pe ...
Tier 1 Capital
First part of two-tier risk based capital standard describing the capital sufficiency of a bank. A core capital, it entails common stock, disclosed ...
Forward Exchange Contract
An agreement between 2 parties to exchange 2 designated currencies at a certain time period in the future.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
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.
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The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 02:30 | ANZ Jobs Advertisements | Dec | |
| 05:05 | Trade Balance | Dec | |
| 10:00 | SECO Consumer Confidence | Dec | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 01:30 | Westpac Consumer Sentiment | Jan | |
| 01:50 | Bank Lending | Dec | |
| 01:50 | Current Account | Nov | |
| 07:00 | Economy Watchers Survey | Dec |
