US-based Citigroup’s Chinese subsidiary has received regulatory approval from the China Banking Regulatory Commission to launch a credit card business in China.

The bank, which has branches in 13 Chinese cities, said it will be launching the credit cards for retail and commercial customers later in 2012.

The approval follows preliminary regulatory approval in January, 2012 for Citi to establish a joint-venture securities firm in China, together with Orient Securities Company.

Citi Asia Pacific CEO Stephen Bird said that this approval represents a significant milestone in the continued expansion of Citi’s business in China, a priority market for Citi.

“Our business in China continues to perform strongly across both institutional and consumer lines, and our ability to introduce a credit and commercial card proposition adds to our healthy growth momentum in this key market,” added Bird.

Citi said it will turn over its existing credit card business to joint venture partner Shanghai Pudong Development Bank after it launches its own credit cards.

It looks like gold prices have been behaving like a dampened spring in the past 4 months :

The trading range is between 1100-1150 give or take $15 or so. So what does this mean for prices going forward? From a technical point of view, this could fit a symmetric triangle. Which means that bull/bear factors have been fighting it out and will come to a conclusion when there is a clear breakout from the triangle, *in either direction*. For the medium term of 2-3 months, since there is no clear direction under both technical analysis and trend following rules, the best thing to do right now is to let the pattern play out and see if a new trend establishes itself. The 50-dma is also flattening out, though the longer-term 200-dma is still in an up-trend.

We are certainly living in interesting times with regards to the gold price. Watch for a possible Death Cross if a downside breakout occurs.

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Internships can be found in various organizations, such as non-profit, government organizations; companies or every size and type, museums, art galleries, libraries, and the list goes on. If you are looking to get an internship this summer you might be in luck. Summer time in particular is the best time to apply for and obtain internship. Some of these internships might be paid internships, others might be unpaid internships. However, whether paid or not, this is a great opportunity to experience the workforce and get a feel for what your career is going to be like. Here are 11 surefire ways to get internship this summer.

1. Work for free with a company that you are interested in. This gives you an opportunity to gain work experience that you could add to your credentials. It is also a great way to land your first real job. So, don’t be afraid to complete your internship for free.
2. Apply at non-profit organizations. N

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This holiday season, I had a chance to catch up with some members of my extended family. I learned that a musician cousin of mine (let’s call him Mark) had recently pulled himself back from the brink of bankruptcy and gotten his debt under control, which (no offense, Mark!) came as a small surprise.

I called Mark in Key West, to congratulate him as well as try and learn his secret. There were some pretty standard money management techniques involved, like consolidating debt and hunting up the best savings account rates and credit card APRs he could find, but there was another piece of the puzzle that I think merits sharing. For the past two years, Mark had been doing something he called “micro-saving.”

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How micro-saving can help squash your debt

In December 2009, Mark had read an article on making effective resolutions for New Year’s.

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HSBC Bank Malta, a subsidiary of HSBC, has agreed to sell its card acquiring business to HSBC Merchant Services (Global), which is a Maltese subsidiary of Global Payments.

As per the deal, HSBC Malta will transfer its existing card acquiring business to Global for a consideration of EUR11.075m ($14.476m) that is subject to regulatory approval.The new business will serve as HSBC Bank Malta’s preferred strategic card acquiring services provider, while the bank’s staff will become employees of Global.HSBC Bank Malta CEO Alan Richards said that the transaction will strengthen partnerships with Global Payments in the UK, Asia Pacific and North America along with HSBC’s extensive business customer franchise and Global Payments experience in transaction handling.HSBC Group, headquartered in London, serves customers in over 80 countries and territories in Europe, the Asia-Pacific region, North and Latin America, and the Middle East and Africa.

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Hello World Android! Took me long enough to get going, but here’s my first honest-to-goodness Android app, running in the AVD emulator :

And here it is running on my Samsung Galaxy S2 :

Setting up the development environment was simple enough, follow Google’s instructions, get the latest Eclipse (yes, I admit I’ve been a little out of touch lately), get the Android SDK, download the necessary files, libraries and the Android emulator and off I went.

The emulator did take all of 5 minutes or perhaps a bit more than that to boot up on my Acer laptop which up until now had yet to show its age, being perfectly useful for browsing and Microsoft Office and even the occasional VMWare. But now a 2.x GHz 8GB RAM replacement number looks mighty enticing.

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A good practitioner is very important for a business especially when the business is facing insolvency because a good practitioner can resolve their issue with having with their creditors. In UK there are number of practitioner. The best way to find a good practitioner is to ask another who have been gone through this situation before they can recommend you the best practitioners. Another best way to search a good practitioner is to consult a personal accountant that representing the agency they can find the best practitioners for you. It is also necessary not to put the events off. Once you make decision to search for help for sickly business then it is necessary to follow through it.

You can also watch the bankruptcy events for an learning experience. And those events can be some tips and tricks which a business owner can learn by watching bankruptcy events. One can also gain more information in online that how we can get help from these proceedings.

Internet is another popular and best way to search insolvency practitioners. Read more…

Every one who pays tax they must have to report his correct income and business who pay tax must have to report his exact profit. It is a rule of the every government that everyone has to report his correct income. And it is crime if somebody don’t declare there correct income or the success of his business to the tax man. Tax evasion is a very vast and its term can never be known fully. All the illegal practice related to tax liability comes under Tax evasion.

Now day’s Tax Fraud is a big problem because individual can easily commit this fraud. Anyone can easily hide there inform from tax authority record by keeping their all self employed income action related to income from the tax man. Many people take risk by keeping all there self employed income and these people also stay away from the tax authority record.

UK is one of the country having the problem of tax evasion because there mostly people have there own small business and having a staff of self employed. So Read more…