Wine And Dine Can Be Your Way To Bank
© bsterling
China's burgeoning taste for the good life is about to find a new outlet with the launch of the nation's first wine investment fund.
The wine market in China has boomed in recent years, with the country's wealthy driving the price for fine French wines, in particular, to record highs.
Wine-based investment products are beginning to take off, benefiting from modern China's obsession with status symbols, and also offering investors a much-sought investment from persistent inflation.
Investment products to date have primarily been structured as vehicles that channel financing to domestic wineries. But Dinghong will be the first to offer something in China modeled on the wine investment funds – such as the Vintage Wine Fund – that have gained popularity globally over the past decade.
Travel Ireland – Travel Life
© Filskifoto
In the second quarter of 2011, Ireland tourism is increased by 15.6% to 1,781,600, an overall increase of 240,200, compared to the same period twelve months earlier, according to the Central Statistics Office.
Ireland tourism as a holiday destination has dropped in recent years as price increases driven by a property boom put off cost-conscious travelers. Ireland's government to promote Ireland tourism has cut sales tax for restaurants and hotels to help tourism.
Queen Elizabeth made an historic visit in May followed within days by a one-day trip by Obama, triggering a wave of overseas interest.
The jump in Ireland tourism in April to June was also helped by a fall-off in travelers in the same period of 2010, when a volcanic ash cloud in Iceland closed airports across Europe. Ireland tourism is country's largest home-grown industry, contributing over four percent of annual economic output and employing over 200,000 people.
Making Moolah With Company Shares
© kainet
Company shares of Anaheim-based Pacific Sunwear of California Inc. fell in after-hours trading after the mall retailer issued a cautious outlook for the current quarter.
The company's shares were down about 8% in after-hours trading Tuesday to a market value of about $145 million.
Pacific Sunwear operates a chain of about 820 stores nationwide selling clothes and accessories from several local apparel companies inspired by surfing, skateboarding and snowboarding..
On 19th August, KS Oils saw its company share price plummeting by 32% on the Bombay Stock Exchange (BSE), after months of steady decline. KS Oils had pledged around 80% of its company shares against loans
There are 768 companies that have pledged their company shares amounting to a total value of $33.40 billion (Rs1,536.60 billion) as on June 2011.
