World Articles

While the Tokyo Stock Exchange is closed on Wednesday because the National Foundation Day, most Asian stock markets continued in the green Wednesday: Hong Kong gained 1.36% at 20,192 points, Taiwan rose 1.10% in 7441 points, Seoul ahead of 1.93% to 3385 points, India climbed 1.25% to 16,120 points and finally Singapore up 0.58% at 2,750 points.

Crude prices were up Thursday in electronic trading in Asia enjoying a decline in the dollar market awaits the release of weekly oil stocks in the United States, dealers said payday advances . The Japanese automaker will recall 223,068 cars including hybrids including 199,666 Prius in Japan, according to the Ministry of Transport.

In the process, he announced that Toyota will suspend the sale to Japan of the hybrid models SAI, HS250h Lexus and Prius PHV, and recalled 23,402 of these vehicles.CEO Totota, Akio Toyoda, convened a press conference at 7:30 on the hybrid Prius, affected by a defect in the braking system. The conference "will relate to market measures relating to the braking system," said a spokesman for the constructor.

The Australian company, Resourcehouse specializing in mining coal and iron ore, has signed a mega contract with China Power International for $ 60 billion it has called "the largest contract export "of the country.

Several companies publish their third quarter results: Nissan, Japan Tobacco and Pioneer.

No surprises from Frankfurt. The European Central Bank (ECB) on Thursday left its main interest rate unchanged at 1%. Earlier, the Bank of England also announced the continuation of its policy rate at 0.5%.

In March the Governing Council of the ECB "will take decisions on (…) a gradual lifting of the measures of liquidity [in support of banks] who are no longer as necessary as in the past," said Jean-Claude Trichet at a press conference.

Long awaited on the subject of Greece, Jean-Claude Trichet has held that the fiscal savings by Greece are "not in the right direction.""We are confident in the ability of Greece to take all actions necessary to achieve the objective" of a deficit below 3% of GDP by 2012, said President of the ECB cash till payday advance . No exceptions will be made for any area countries, "he said.

While Portugal and Spain in turn disturb markets, Jean-Claude Trichet reiterated that it was "crucial" that all countries "respect strictly the exit procedures for excessive deficits."

"According to the International Monetary Fund, the overall deficit of the euro area will rise to 6%", said Jean-Claude Trichet. "The United States will be at 10%, Japan is also at 10%.(…) A more flattering comparison for the euro area! Nevertheless, we show a complete lack of convenience in the direction of monetary policy, "he said. For 6% deficit, he said, a level still remains "unacceptable" and represents a burden.

"SPECIAL – Greece, a challenge for Europe

A little over two months after buying the banking group Xiring, Gemalto, a French company listed in the Netherlands, on Wednesday announced a new acquisition, the global leader in strong authentication on mobile.

The Finnish Valimo Wireless was the first to generate an electronic signature legal, available anytime and anywhere on a laptop."Valimo enables mobile phone users to securely authenticate, digitally sign documents and confirm transactions with a legal value by using a simple sentence that they themselves have chosen, or that of a PIN, "the company said in a statement.

Thus, Gemalto will provide the solution Valimo Mobile ID which allows secure access, such as its online banking, mobile payments, government services, mobile commerce and electronic, or the management of identities and rights of access to enterprise applications.

Olivier Piou, the CEO of Gemalto believes it is time to position itself on the mobile electronic signature, "considered next few years, and has now reached a stage of maturity significant" cash flexcheck advance