Showing posts with label fisher capital management financial investment news. Show all posts
Showing posts with label fisher capital management financial investment news. Show all posts

Tuesday, October 11, 2011

Fisher Capital Management Korea: Reducing LDL Levels through Cholesterol-Lowering Foods

http://korea.fishercapitalmanagementkorea.com/2011/10/11/fisher-capital-management-korea-reducing-ldl-levels-through-cholesterol-lowering-foods/


Many Americans ingest statins to lower cholesterol levels. But several studies, as unearthed by Fisher Capital Management Korea Reviews, show that cholesterol-friendly foods, like tree nuts and soy products, help lower bad cholesterol levels or LDL.
In the Journal of the American Medical Association, a study showed that LDL cholesterol levels were decreased by 13%, for people who ate healthy diet with low cholesterol foods. There was a 3% decrease for those who ate a diet low in saturated fats.
Dr. David Jenkins, lead author of the study and a professor of metabolism and nutrition at the University of Toronto, said that it is possible for people to lower their cholesterol through proper diet. This can be small changes they can make in their lives, if they really want to stay conscious about their cholesterol levels.
Jenkins created a “portfolio diet” that combined foods to lower cholesterol and prevent heart disease. It includes daily consumption of vegetables, oats, and barley as well as tree nuts. The diet plans to use soy-based products to substitute meat and plant sterol-enriched margarine to replace butter.
Dr. Jane Klauer, an internist based in New York who specializes in nutrition and metabolism, says that this lowers the risk for any cardiovascular disease. She continues that the diet creates a positive change in cholesterol levels.
Dr. Walter Willet, professor of epidemiology and nutrition at the Harvard School of Public Health, insists that there are greater benefits if you replace dairy products and red meat, which are possible sources of saturated fat, to soy products and nuts, rather than with carbohydrates.
Before doctors suggest medications to lower cholesterol, they usually advice patients to modify their diet and lifestyle. If this doesn’t work, they readily prescribe statins, which minimizes the production of cholesterol in the liver. Eating fruits, vegetables, lean poultry, fish and whole grains are also suggested to reduce risk of cardiovascular diseases.
The study may have lasted only six-months for follow-up, but Fisher Capital Management Korea Reviews believe there has to be a longer period to understand its effects. They also noted that the diet was plant-based, which many meat-eaters will find it difficult to maintain.

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    Thursday, June 16, 2011

    Fisher Capital Management Latest News: Korean financial watchdog probes data breach at Hyundai Capital

    http://www.infosecurity-us.com/view/17260/korean-financial-watchdog-probes-data-breach-at-hyundai-capital/

    11 April 2011

    South Korea’s Financial Supervisory Service (FSS) has launched a probe into a data breach at Hyundai Capital that affected 420,000 of its customers.

    The FSS has sent investigators to Hyundai Capital, the consumer financing arm of auto maker Hyundai Motor Group and GE Capital, after the company admitted that hackers gained access to its customer database and stole personal information and passwords of its customers, theKorea Herald reported.
    The data breach occurred over a two-month period. The company was contacted by one of the hackers who asked for money in return for not releasing the customers’ information. However, the data breach was only made public after the company contacted the police to investigate the blackmail.
    Hyundai Capital said its internal investigation revealed names, residential registration numbers, mobile phone numbers, and email addresses, as well as passwords to loan services were obtained by the hacker.
    Police said the hackers gained access to the database using servers located in the Philippines and Brazil.
    The FSS is considering punitive actions against the company if violations of the country’s financial information security laws are found. The agency also plans to form a task force in coordination with other agencies to investigate information security practices throughout the financial sector, the newspaper said.

    Fisher Capital Management Latest News: South Korean A&P Financial to become Takefuji’s sponsor

    http://mdn.mainichi.jp/mdnnews/business/news/20110411p2g00m0bu084000c.html


    TOKYO (Kyodo) — The court-appointed administrator of ailing consumer lender Takefuji Corp. said Monday it has decided to give South Korea’s A&P Financial Co. preferential negotiating rights in becoming the sponsor for its rehabilitation.
    The South Korean consumer lender will be formally designated as the sponsor around the end of April after gaining approval from the Tokyo District Court.
    The announcement signifies a step forward for Takefuji, which is keen on restarting its lending business as soon as possible, while A&P Financial appears eager to enter Japan’s consumer loan market.
    On Sept. 28 last year, Takefuji, burdened by massive claims by customers for reimbursement of excessive interest charges, filed for bankruptcy protection with the court.
    Takefuji has since been trying to find a sponsor to finance its court-backed rehabilitation in line with the Corporate Rehabilitation Law.
    The Tokyo-based company was once Japan’s biggest lender with outstanding loans of around 1.77 trillion yen as of March 2002.
    Takefuji saw its operations deteriorate after a 2006 Supreme Court ruling invalidated “gray area” interest charges beyond those defined by the interest rate restriction law, with the ruling inducing claims from borrowers for reimbursement of such charges.
    (Mainichi Japan) April 11, 2011

    Monday, April 18, 2011

    Fisher Capital Management Latest News: Korean financial watchdog probes data breach at Hyundai Capital

    http://www.infosecurity-us.com/view/17260/korean-financial-watchdog-probes-data-breach-at-hyundai-capital/


    11 April 2011

    South Korea’s Financial Supervisory Service (FSS) has launched a probe into a data breach at Hyundai Capital that affected 420,000 of its customers.

    The FSS has sent investigators to Hyundai Capital, the consumer financing arm of auto maker Hyundai Motor Group and GE Capital, after the company admitted that hackers gained access to its customer database and stole personal information and passwords of its customers, theKorea Herald reported.
    The data breach occurred over a two-month period. The company was contacted by one of the hackers who asked for money in return for not releasing the customers’ information. However, the data breach was only made public after the company contacted the police to investigate the blackmail.
    Hyundai Capital said its internal investigation revealed names, residential registration numbers, mobile phone numbers, and email addresses, as well as passwords to loan services were obtained by the hacker.
    Police said the hackers gained access to the database using servers located in the Philippines and Brazil.
    The FSS is considering punitive actions against the company if violations of the country’s financial information security laws are found. The agency also plans to form a task force in coordination with other agencies to investigate information security practices throughout the financial sector, the newspaper said.

    Fisher Capital Management Latest News: South Korean A&P Financial to become Takefuji’s sponsor

    http://mdn.mainichi.jp/mdnnews/business/news/20110411p2g00m0bu084000c.html
    TOKYO (Kyodo) — The court-appointed administrator of ailing consumer lender Takefuji Corp. said Monday it has decided to give South Korea’s A&P Financial Co. preferential negotiating rights in becoming the sponsor for its rehabilitation.
    The South Korean consumer lender will be formally designated as the sponsor around the end of April after gaining approval from the Tokyo District Court.
    The announcement signifies a step forward for Takefuji, which is keen on restarting its lending business as soon as possible, while A&P Financial appears eager to enter Japan’s consumer loan market.
    On Sept. 28 last year, Takefuji, burdened by massive claims by customers for reimbursement of excessive interest charges, filed for bankruptcy protection with the court.
    Takefuji has since been trying to find a sponsor to finance its court-backed rehabilitation in line with the Corporate Rehabilitation Law.
    The Tokyo-based company was once Japan’s biggest lender with outstanding loans of around 1.77 trillion yen as of March 2002.
    Takefuji saw its operations deteriorate after a 2006 Supreme Court ruling invalidated “gray area” interest charges beyond those defined by the interest rate restriction law, with the ruling inducing claims from borrowers for reimbursement of such charges.
    (Mainichi Japan) April 11, 2011

    Fisher Capital Management Latest News: S. Korea’s finance minister to attend G-20 meeting

    http://english.yonhapnews.co.kr/business/2011/04/12/77/0502000000AEN20110412002900320F.HTML

    SEOUL, April 12 (Yonhap) — South Korea’s Finance Minister Yoon Jeung-hyun will leave for the United States this week to attend a Group of 20 (G-20) meeting, which will focus on pending global economic and financial issues, officials said Tuesday.
    The G-20 finance ministers’ meeting will kick off in Washington on Thursday for a two-day run, according to the Ministry of Strategy and Finance. Yoon will leave for the meeting on Wednesday.
    The meeting is the second G-20 meeting this year among finance ministers following one held in Paris in February. It is mostly aimed at setting the direction for discussions and decisions to be made during G-20 summit talks scheduled for November in France, the ministry said.
    “The Washington meeting is expected to be a watershed in determining major issues and the direction of discussions for this year’s G-20 gatherings ahead of the November summit in Cannes,” the ministry said in a press release.
    “With several new global issues emerging in the wake of the unrest in the Middle East and North Africa and the deadly earthquake in Japan, the G-20 meeting will also be a chance to test the global coordination ability.”
    The two-day meeting will be comprised of five sessions that include discussions on how to attain strong, sustainable and balanced growth; reform the international monetary system; and better cope with fluctuations in commodity prices.
    Others include how to pursue reform of financial regulations and deal with issues related to climate change and support for less-developing countries to build financial infrastructure, the ministry said.
    The meeting especially offers a chance to further discuss in detail the guidelines for tackling the global trade imbalance, an issue dealt with during the February Paris talks, according to the ministry.
    Yoon will have bilateral talks with his counterparts from other G-20 member countries, including the United States, France, Japan and Saudi Arabia to exchange views on pending global issues such as surging crude oil prices, the ministry said.
    Meanwhile, the Washington meeting will be followed by the spring gathering of the International Monetary Fund on Saturday when global economic situations and pending issues confronting G-20 countries will be discussed, the ministry added.
    kokobj@yna.co.kr

    Fisher Capital Management Latest NewsFraudsters target tech suppliers

    http://fishercapitalmanagementkorea.com/wp-admin/post.php?post=28&action=edit&message=10

    By Farzana Rasool, ITWeb journalist.
    Johannesburg, 15 Apr 2011
    Fraudsters using municipal letterheads and fraudulent cheques have swindled goods to the value of R2 million, specifically targeting businesses dealing in technology.
    A statement by the Sekhukhune District Municipality, in Limpopo, warns businesses against scammers who have been using a municipal letterhead and fake cheques.
    The Government Communication and Information System (GCIS) said acting municipal manager Maureen Ntshudisane issued the warning, after companies in Mpumalanga and Gauteng complained that the municipality’s cheques had bounced.
    “Council would like to warn the public to be on the alert for these miscreants that go around besmirching the name of the Sekhukhune District Municipality and, therefore, tarnishing its image.”
    Millions lost
    Ntshudisane said the fraudsters had been targeting businesses dealing in technology and motor vehicle parts.
    Municipal spokesperson Willy Mosoma says ACC Technologies was swindled out 700 hard drives, worth R397 803, in January. In February, Mpumalanga Digital Solutions lost 30 Samsung TVs, worth R418 915, to the scammers.
    Imperial Toyota, in Nelspruit, was robbed of brake sets worth R306 201, and iBurst in Sandton was swindled out of 87 laptops, worth R109 255, in March.
    Mosoma says these are the cases that have been reported in 2011.
    Two years running
    The spokesperson says all the letterheads used in the scams were forged and the cheques were fraudulent, resulting in a fraud case having been opened with the police.
    He also says the case follows two years of incidents with goods purchased and services acquired fraudulently from private companies, totalling R2 million.
    “Our Risk Management Unit and the SAPS are working around the clock to find these criminals and put an end to this abnormality, said Ntshudisane.
    She urged the business sector to validate all business transactions by calling the municipality on (013) 262 7300/01/02 during office hours.
    “The district municipality does not transact business using cellphones,” warned the acting manager.
    The GCIS adds that the Mpumalanga Education Department has had to warn school principals and managers to be wary of a fraudster who masquerades as a provincial government official sent to give computers to schools.
    The department says a man, who called himself JR Nkosi, phoned schools in the Ehlanzeni District and claimed they would receive a donation of computers if they deposited R3 000 into a specified bank account.

    Fisher Capital Management Latest News: Small-cap investors pay too much for risk

    http://www.marketwatch.com/story/small-cap-investors-paying-too-much-for-risk-2011-04-15?dist=countdown
    By Brett Arends
    LONDON (MarketWatch) — Watch out for small caps.
    That’s the latest warning from legendary fund manager Jeremy Grantham, chairman of fund shop GMO and one of the few people who successfully called the 2008 crash in advance.
    His firm’s latest calculations predict that investors in U.S. small-cap stocks will actually lose about a fifth of their money in real terms over the next seven or so years. That’s an annualized loss of about 2.8% after inflation.
    As always when it comes to predictions, there are no guarantees. But GMO’s forecasts have a good track record.
    Risky assets are supposed to make you money over the medium term, as compensation for owning them. Actually paying money to take risk makes no financial sense whatsoever.
    The last time Grantham’s firm warned that people were actually paying for the privilege of owning risky assets was back in 2007, just before the wheels started to come off. Grantham himself, on a recent trip to London, warned about the valuations of U.S. small-cap stocks.
    You can see something similar if you just take a step back from the day-to-day action of the market and take a longer view. The Russell 2000 Index RUT +0.91% of small cap stocks has recently skyrocketed against the broader market. According to FactSet, it is now by far the highest it has been against the Standard & Poor’s 500 Index SPX +0.39% in at least a quarter century.
    It isn’t hard to work out why. Since the Federal Reserve decided to flood the world with free money, under the program known as “QE2” (like the ship) or Quantitative Easing 2, money has been chasing risk and action. Small caps give you a lot of action for the money.
    It’s a reckless game. Some people say it’s going to end in tears, and QE2 might be better known as Titanic 2. The Federal Reserve is due to cease QE2 in the second quarter.
    The latest surge in small caps is yet another sign that animal spirits are getting overheated on the markets, yet again. According to the latest Bank of America/Merrill Lynch survey of fund managers, institutions are now loading up on risk. The brief panic following the tsunami is now long since forgotten.
    They are heavily overweight boom-and-bust stocks such as industrial and energy companies. They are loaded up on emerging markets and commodities.
    Cash levels are low. Nobody much wants boring things like utilities or telecom stocks. Nobody wants boring old Japan, which enjoyed a short, bizarre investment vogue following the tsunami. (Aside: Fund managers also say gold is overvalued. They have said this for years…all the way up!)
    So-called QE2 isn’t the only reason small cap stocks have risen so far.
    A lot of private investors and financial advisers believe that small-cap stocks will always outperform over the long term, albeit at the cost of greater volatility.
    Admittedly this blind faith raises some awkward questions. How, for example, can any asset can possibly outperform, regardless of the price paid? And why would an asset be so volatile if it guaranteed such great long-term performance? But never mind. Many believe in small caps regardless.
    So those who are behind the curve on their retirement, and who have missed out a lot of the market gains in the past two years, may be tempted to bet wildly on smaller stocks to catch up.
    Good luck with that. Make sure you get out in time.
    People should at least know what they are doing, and the risks they are taking. Generally speaking in this business, one makes more money over the long term buying assets when they are cheap and selling them when they are expensive. Buying them when they are expensive, in the hope of selling them when they are even more expensive to someone else, is gambling.