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Markets around the globe posted record losses last week but following a meeting of Eurozone leaders over the weekend Asian markets slowly climbed and as of Monday Asia Pacific index had gained 7.7% after dropping 20% last week nail salon hong kong; the worst performance in its history. Light trading in Asian markets indicates that Asian traders are waiting to see how the United States and European bailout plans will affect Wall Street. Over the weekend European central banks suggested they would follow the UK’s lead by buying stakes in struggling banks and underwriting interbank loans. The US bailout plan is slowly taking effect and it is hoped that recapitalizing banks will unfreeze credit markets. The failure of Lehman Brothers has been felt globally and Asia is no exception. Many small businesses invested in “mini bonds,” complicated structured financial products nail salon hong kong, which were marketed by Lehman Brothers throughout the world. In Hong Kong many banks sold the mini bonds as a low risk alternative to fixed income investments. With the mid September collapse of Lehman Brothers the mini bonds lost most of their value and companies that invested in them now find themselves unable to cover the difference. In Hong Kong the Hang Seng rose strongly in afternoon trading, and gained 10.2% in afternoon trading. Stock markets throughout Asia rose with the Singapore market gaining 6.6%, followed by Korea with a 3.8% gain. India’s Sensex gained 7.7%, China posted gains of 4.12%. Japan’s stock market was closed for a national holiday but Japanese traders remain optimistic. Despite coordinated rate cuts by the United States Federal Reserve and European central banks, businesses throughout the world are finding it difficult nail salon hong kong, if not impossible, to obtain short term loans necessary for day to day operations. To further complicate things, money market rates remain abnormally high. Banks remain unwilling to lend in the current economic atmosphere. Although the rally in Asian markets is cautious, it would appear that markets are starting to respond to actions taken by governments. On Friday the International Monetary Fund met in Washington and leaders of the Eurozone met over the weekend and announced strategies to stabilize markets. In Forex markets the US dollar is holding steady and the Euro made slight gains. The US dollar has been trading steady despite the economic crisis in the US much to the amazement of many currency traders nail salon hong kong. With global stimulus plans beginning to take effect Forex markets should provide some interesting opportunities over the next few months. While the Forex market can sometimes be volatile, compared to stock markets it is looking better every day. The hair salon industry is really one hectic business inasmuch the same way as a clinic or medical office can get. With a very frantic work environment, having one receptionist is not enough. However, it’s also logical to conclude that hiring more personnel is not always the best option since that would entail a very high overheard expense for the business. AssistMedic provides a virtual office for hair salons. If you’re a salon owner or manager nail salon hong kong, acquiring the AssistMedic system enables you to have a virtual receptionist. This virtual receptionist acts as an extension and able helper of your front-desk receptionist and is very much capable of handling automated appointment scheduling. Being in the hair salon business is no easy task. If you’ve been to one or are a regular customer of one, then you know just how busy it can get. There’s not a day when salons are not packed with loyal clients who want something done to them, whether it’s their hair, face, feet or hands. Salon managers and hair stylists don’t only have to attend to the customers who are already in the salon but they also have to entertain customers who are phoning in to set an appointment nail salon hong kong, who may become loyal and affectionate clients in the near future. With AssistMedic providing you a virtual office receptionist, you can now spend 100% of your time servicing your customers. http://aquaeria.asia/

 

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