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
Title Loan
Loan in which a borrower is required to use his asset as collateral. This is popular for two reasons: the applicant’s credit rating is not be ...
Fiscal Year - FY
Fiscal year is a period companies or governments use for accounting purposes and preparing financial statements. It may or may not be the same as a ...
Bank Wire
It allows major banks to communicate actions about their client accounts. It secures computerized messaging system that can send account informatio ...
Gold Bug
Individual betting bullish on gold. These people believe gold is still a stable source of fund like the period of the gold standard international c ...
Interest Rate Risk
A peril which an investment’s worth will change due to an unexpected interest rate change, the spread between two rates, shape of the yield c ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
16:00 | Leading Index | Mar | |
00:45 | Trade Balance | Mar | |
07:00 | BOJ Core CPI | Mar | |
14:30 | Industrial Product Price Index | Mar | |
14:30 | Raw Materials Price Index | Mar | |
15:30 | FOMC Member Patrick T. Harker Speaks | ||
16:00 | Consumer Confidence | Apr | |
16:00 | Richmond Fed Manufacturing Index | Apr | |
19:40 | FOMC Member Neel Kashkari Speaks |