spain property investment

Tenants to Confront Landlord in His UCLA Classroom

A group of low income tenants will attempt enter their landlords real estate investment class this evening (Tuesday, May 15) and come face-to-face with the man who is trying to displace them. They plan to demand he stop what they say are illegal attempts to evict them.

The tenants landlord is UCLA Professor Eric Sussman who teaches a Real Estate Investment class at UCLA Anderson School. The tenants say they are concerned that a professor at a taxpayer-funded institution may be setting an example for his students that the way to manage real estate holdings and maximize profits is through illegal business practices. Tenants are requesting that the University conduct a complete review of the business practices of Sussman. The tenants live in a 66-unit rent-controlled complex in Echo Park.

pen stock maintenance

14-05-2007: Soh Chee Wen fined RM6m for abetment in false reporting

Businessman Datuk Soh Chee Wen was fined a total of RM6 million on May 14 after he pleaded guilty to two alternative charges of abetting Datuk Tony Tiah Thee Kian in submitting false information to the Kuala Lumpur Stock Exchange (KLSE), now known as Bursa Malaysia.

With the conviction, Soh will be automatically disqualified from acting as a director of a company under section 130 of the Companies Act 1965 for five years.

The Securities Commission said on May 14 that the false reporting related to reporting of the transaction involving 7.75 million Omega Holdings Bhd (OHB) shares and 7.75 million OHB-A shares.

The prosecution adduced facts which showed that between September and October 1997, Tiah and Soh had agreed to transact the said shares at RM6.45.

However, TA Securities Sdn Bhd had reported these transactions to be at RM11.60 and RM9.55 per share respectively, involving only 4.31 million OHB shares and 5.23 million OHB-A shares.

currency scanner

President Yudhoyono Reshuffles Cabinet

After months of continued pressure by political parties and the media that the President reshuffle his cabinet, - and two weeks after the President finally relented to the pressure when, on Monday, 7 May, President Yudhoyono announced a limited Cabinet shake-up. This is the second reshuffle following the first in December 2005, when the President was forced to change his economic team in the wake of government's slapping a 100 percent increase in fuel prices at the pumps, which resulted in spiraling prices nation-wide, and ensuing strong protests from the people.

This time around, the reasons for immediate change were cited as: slow investments in the real sector; a stagnant industrial sector; increased unemployment and lay-offs; and increased number of poor, despite much improved macro-economic performance, namely a stable Rupiah, decreased inflation rate, and a spectacular growth in Jakarta's share market.

foreign exchange forex

FXDD to participate in Middle East Forex Trading Expo

Meet FXDD, the leading online foreign exchange trading firm dedicated to providing superior customer service and powerful technology to retail traders, hedge funds and money managers as they visit Dubai for The Middle East Forex Trading Expo.The event which will take place on 1-2 March 2007 in Dusit Dubai Hotel, offers FREE entrance to the expo and to over 10 workshops which will be faclitated by key forex experts and specialists which will be coming from the region and from as far as the US, UK and Switzerland.At the 2-day expo and workshop, visitors will have the chance to meet face to face representatives from FXDD, a reliable liquidity provider for brokerage companies and institutional investors. They will get to know more about their trading platforms: FXDD Trader and Meta Trader (retail), Power Trader (institutional) and FXDD Auto (automated) as they showcase their services during the event.

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Japanese investors get Vietnam fever

HANOI/TOKYO (Reuters) - Tadayoshi Okimoto, an auto company executive from southern Japan, rubs shoulders with dozens of Vietnamese at a brokerage in Ho Chi Minh City, excited to get a piece of Vietnam's fledgling stock market.

Okimoto is on a tour to Vietnam's budding financial center organised by a Japanese travel agency that brings Japanese retail investors to Vietnam to open share trading accounts. The tour is so popular with Japanese wanting to take advantage of a burgeoning stock market that it runs almost every working day.

"In many countries, the stock market is mature and goes up and down a lot. But in Vietnam, the stock is very new so the chart is going up all the time. In two or three years' time, we will receive a lot of money from our investment," Okimoto, 41, said.

stock exchange jobs

Stocks close in record territory

The Australian stock market closed in record territory today with the energy and resources sectors driving the bourse upwards following favourable commodity prices overnight.

At the close, the benchmark S&P/ASX200 index was up 47.7 points to a record 6345.1, while the all ordinaries gained 49.4 points to a record 6346.7 points.

At 4.20pm on the Sydney Futures Exchange, the June share price index contract was 68 points higher at 6372 on a volume of 15,587 contracts.

Austock Brokers senior client adviser Michael Heffernan said a strong lead from Wall Street, coupled with positive commodity prices helped propel the market into record territory.

"It was a very positive day on the market today, it started off with a bang,'' he said.

"We had a good lead from Wall Street, you had the trifecta going there with the Dow Jones, the Nasdaq and the S&P almost up one per cent.

tokyo stock exchange

HQ to Move to American Stock Exchange

SEATTLE, WA -- (MARKET WIRE) -- May 14, 2007 -- HQ Sustainable Maritime Industries, Inc. (OTCBB: HQSB), a leader in toxin-free integrated aquaculture and aquatic product processing, was notified that its application for listing on the American Stock Exchange has been approved. The trading of HQ's common stock is expected to begin May 17th, 2007, under the trading symbol HQS. The company's common stock will continue trading on the Over-The-Counter Bulletin Board System under the symbol "HQSB" until the move is complete. This approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards.

"HQ is very pleased to take this step and be listed on the American Stock Exchange," said Norbert Sporns, chief executive officer.