Archive for the ‘ deVere ’ Category

Japan resume nuclear power activities today

On Tuesday of this week, Japan will begin restarting its nuclear power programme, officials said, after a two-year shutdown sparked by public fears following the Fukushima crisis.

The restart comes more than four years after a quake-sparked tsunami triggered meltdowns at the Fukushima plant, prompting the shutdown of Japan’s stable of reactors in the world’s worst atomic crisis in a generation.

Resource-poor Japan, which once relied on nuclear power for a quarter of its electricity, restarted two reactors temporarily to feed its needs, according to deVere Group sources. However, they both went offline by September 2013, making it completely nuclear-free for about two years.

Japan has ushered in tougher safety rules to avoid a repeat of Fukushima, including more backup prevention measures and higher tsunami-blocking walls in areas most susceptible to them.

The government of Prime Minister Shinzo Abe is keen to get some of about four dozen reactors back up and running. So are the power companies that own them, fed up with having to make up lost generating capacity with pricey fossil fuels.

“It is important for the country’s energy policy that the government go ahead with reactor restarts once they are confirmed as safe,” top government spokesman Yoshihide Suga told reporters Monday.
“The biggest priority is safety.”

The reactor No. 1 at the Sendai nuclear plant, nearly 1,000 kilometres (620 miles) southwest of Tokyo, has been loaded with atomic fuel. Its operator announced Monday the reactor would be switched on by 10:30 am (0130 GMT) Tuesday.

deVere Group is the world’s leading independent financial consultancy offering various financial services such as retirement planning, education planning and private pension guidance.

Tony Evans & deVere Group Executive Fight Night IV – Weston Borden

Tony Evans & deVere Group Executive Fight Night IV – Weston Borden

Tony Evans & deVere Group Executive Fight Night IV – Weston Borden

 

Weston Borden
Age: 26
Assessment day weight: 97.8
Nationality: American
Company: Hays Specialist Recruitment Japan
Position: Consultant

A 7 year old patient at Shizuoka Children’s Hospital cheers Weston on with their drawing. Fighters are fighting to make sure our Facility Dog Program is with patients and families every step of the way. Join the fighters in encouraging the kids in hospitals to keep fighting, to keep shining on! Pledge now!

Pledge Now! Weston Borden

Why donate to charity ? “We make a living by what we get, but we make a life by what we give

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People have been asking me why I donate to charity , so here is my answers :

1. How and why did you get involved with the event?

I have always taken an active, hands-on approach to charitable work and fundraising. A friend of mine mentioned that there was to be a high-end event here in Tokyo which aimed to raise funds for and awareness of cancer research – and on that basis alone I was in. I later discovered that the charity event that I had agreed to sponsor was the Executive Fight Night (EFN). This was a huge bonus for me as I’ve long been a keen supporter of white collar boxing.
Following the incredible success of this first event, I vowed to increase my support of and involvement with the next. I did this by becoming a Gold Sponsor of Executive Fight Night II. It was an event that not only raised ¥7.8 million – an amount used by Refugees International Japan to help an astonishing 3,500 stateless people – but one that proved to be one of the hottest tickets on the Tokyo social calendar, and certainly one of the best-attended and most exciting evenings in the Japanese capital this year.
Now, for the third edition, I’ve taken my involvement up another level becoming the Platinum Sponsor. The Tony Evans & deVere Group Executive Fight Night takes place at The Grand Hyatt Hotel on Friday 8th November.

2.What’s in it for you?

Primarily, this is a way for me and for the deVere Group to give something back to society by supporting proactive, life-enhancing causes that make a positive impact in the lives of people less fortune than ourselves.
The deVere Group and I are dedicated to using our time, skills and resources to making a real quantifiable difference wherever and whenever we can; compassion is what makes us human I believe. The Tony Evans & deVere Group Executive Fight Night is an example of this commitment. I think Churchill voiced this shared sentiment best when he said, “We make a living by what we get, but we make a life by what we give.”
In addition, the Executive Fight Nights are a fantastic way to bring together many individuals of differing backgrounds in a fun, high-octane environment.

3. What do you contribute to the event/fighters?

The short answer is ‘whatever it takes’, whether this means providing financial support, ideas, contacts, promotion, or securing tables full of lively guests who create an exciting atmosphere. I believe the liveliest and noisiest – and also the most generous – part of the room at the last EFN was probably those four tables where my guests were seated!
Also, I know a few of the fighters personally, so positive encouragement is always given to them too.

Tony Evans

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Yen drops to 3 ½ year low against the euro

Yen drops to 3 ½ year low against the euro.

The yen reached the weakest level in almost four years against the euro, sliding against all 16 of its major peers as the Federal Reserve unexpectedly retained its bond-buying monetary policy.

Japan’s currency slid against all 16 of its major peers after a central-bank policy maker said pressure may mount to expand stimulus. The dollar fluttered against the euro after falling to a seven-month low as Fed policy makers maintained monthly bond purchases at $85 billion. Malaysia’s ringgit surged the most since 1998 and India’s rupee advanced. The pound weakened after an unexpected fall in UK retail sales.

The yen dropped 1.6% to 134.56 per euro in late afternoon trading in New York, after touching the weakest since November 12, 2009. The Japanese currency slid 1.5% to 99.45 per dollar after appreciating to 97.76 yesterday, the strongest level since August 29. The US currency slipped 0.1% to $1.3530 per euro after reaching $1.3569, the weakest since February 7.

The MSCI Asia Pacific Index of shares advanced 1.7%, while the Stoxx Europe 600 Index gained 0.6%. The Standard & Poor’s 500 Index slipped 0.2%.

In the carry trade, investors borrow in low-interest-rate currencies to buy higher-yielding assets. Japan’s benchmark rate is virtually zero.
The Malaysian ringgit climbed 2.4% to 3.1565 per dollar after gaining 2.8%, the biggest intraday advance since September 1998. India’s rupee surged 2.5% to 61.7750 versus the US currency.

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Six stocks that are likely to benefit from the Tokyo 2020 Olympics

Six stocks that are likely to benefit from the Tokyo 2020 Olympics

On Sunday, the International Olympic Committee announced that Tokyo had won the bid to host the 2020 Olympics, beating out Madrid and Istanbul. In the wake of this news, Japanese conglomerate Nomura Group shortlisted six stocks that were likely to benefit most from the Tokyo Olympics. Starting with:

Taisei: Ever since Japan placed its Olympic bid, there has been talk of possibly renovating or reconstructing the National Olympic Stadium. The stadium could host the opening and closing ceremonies as well as track and field events, and the long-established Taisei could stand to benefit as the original contractor.

Taiheiyo Cement: With a surge in construction and building projects comes a higher demand for cement, and Japan’s biggest cement company is poised to benefit from the increased demand that comes from infrastructural development.

East Japan Railway: The East Japan Railway is a major passenger railway company in Japan and one of the seven Japan Railways Group companies. With the advent of the Tokyo Olympics, the company will have greater scope for the redevelopment of Shinagawa rail yard.

Mitsui Fudosan: As a major real estate developer that owns many of the condominium sites in Tokyo Bayside area, the company’s share price will undoubtedly go up as demand for accommodation rises.

Xebio: Shares in the sporting goods and apparel retailer will benefit due to a spike in demand for sports gear and outfits.

Sohgo Security Services: Security services will be vital at Olympics venues as well as the athletes’ village, so the company will undoubtedly see a rise in share prices.

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Oil, gold hit multi-month peak

Oil, gold hit multi-month peak.

The prices of oil and gold have been pushed to multi-month highs over concerns that the US will lead a military strike against the Syrian government.

Brent crude prices advanced 2.4% to a six-month high of $117.14 a barrel, extending Tuesday’s 3.3% surge – the biggest one-day percentage gain in nearly 10 months.

Gold climbed 0.8% to a more than three-month high after also gaining 0.8% on Tuesday.

But while the prices of oil and gold rose to their highest in several months, Asian equities fell to a seven-week low. An acute ‘risk-off’ mode also boosted the appeal of the Japanese yen, which held near a one-week high against the dollar and euro after having posted its biggest rally in more than two months.

Tokyo’s Nikkei share average sagged as much as 2.6% to a two-month low, while the yen was largely steady at 97.120 to the dollar and 129.90 to the euro after climbing more than 1% overnight.

US and European stocks were also impacted overnight, suffering their worst day since June. Investor nervousness was reflected in a nearly 12 percent jump on the CBOE volatility index, Wall Street’s so-called fear gauge, to a two-month high.

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UN warns Syria of consequences

UN warns Syria of consequences.

UN warns Syria of consequences

The UN Secretary General Ban Ki-moon warned the Syrian Government yesterday that the use of chemical weapons is a crime against humanity, as a disarmament expert arrives in Syria.

The UN is urging the Syrian government to allow inspectors to examine the site of the attack and said that, “Any use of chemical weapons anywhere, by anybody, under any circumstances, would violate international law”.

Angela Kane, the UN High Representative for Disarmament Affairs, is in Damascus following the alleged chemical attack. A UN spokesman said, “The Secretary-General believes that the incidents reported yesterday need to be investigated without delay”.

In recent days, activists confirmed that chemical weapons were used by forces loyal to President Bashar Al-Assad in the eastern suburbs of Damascus.

Al Assad’s regime last month agreed to allow UN experts to investigate three other sites where chemical attacks were alleged to have taken place.

Meanwhile, footage distributed by activists showed unconscious children, people with foam coming out of their mouth and doctors providing them with oxygen to help them breathe – triggering anger around the world.

Syrian anti-government activists have accused the Assad regime of carrying out the attack using toxic gas, with the number of dead reported to be up to 1,300.

In its defence, the government has denied that it used chemical weapons, calling the allegations “absolutely baseless”.

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Google buys Glass patent for iconic tech eyewear

Google buys Glass patent for iconic tech eyewear.

Tech geeks may not need to wait much longer for futuristic eyewear, as Google has just confirmed that it has bought technology patents from Foxconn, the maker of glass eyewear.

Google Glass, which has yet to go on sale to the public, allows users to see information on a transparent screen slightly above their normal field of vision.The patents were related to the displays, through which virtual images can be superimposed on a real-world view.

In an obvious attempt to kick-start start its venture into wearable gadgets, the deal marks a rare example of a US technology company buying intellectual property from an Asian manufacturer.

Google Glass is currently only available to developers and costs $1500. It provides users with an image that floats in front of the right eye and has a 5-megapixel camera capable of recording 720p video built-in, a microphone for voice commands and 12GB of usable storage. Google Glass supports Bluetooth and Wi-Fi, but works best in partnership with an Android or iOS smartphone.

Meanwhile, Apple has not yet announced plans for wearable technology products.

However, Analysts in the field suggest that growth of wearable technology may lead to a spate of patent litigation, similar to that which has dominated the smartphone industry in recent years.

Foxconn said that such patents are ‘commonly used in aviation and tactical/ground displays, engineering and scientific design applications, gaming and video devices as well as training and simulation tools’.

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1,300 killed in chemical attack in Syria

1,300 killed in chemical attack in Syria.

The Syrian opposition has just confirmed that state security forces have launched intense artillery and rocket barrages in the Syrian capital of Damascus – resulting in hundreds of people dead in a poisonous gas attack.

1,300 people were killed as shells rained down – the figure was confirmed by George Sabra, Deputy Head of Syrian National Coalition, the opposition to and replacement of the Bashar al-Assad government of Syria.

Initially, there were varying death tolls, which are common following attacks in Syria due to the government’s refusal to allow independent news reporting.

A local nurse told the press that many of the casualties are women and children, who arrived at medical centres with their pupil dilated, cold limbs and foam in their mouths – typical symptoms of nerve gas victims.

Videos uploaded to social networking websites showed hundreds of people dead, lying on pavements and inside buildings, their bodies showing no obvious signs of injury. In one video, at least a dozen young children’s bodies were lined up on the floor.

To date, there have been many claims of small-scale, localised chemical attacks in Syria, but the reports that emerged today suggest a possible wider dispersion of toxic agents.

This is heaviest attack since the start of the two-year conflict.

Notably, a Syrian official said that claims of the government using chemical weapons are absolutely untrue.

“The army will never use chemical gas on the Syrian people, if it does exist anyway” – Syria’s government has never officially acknowledged even possessing chemical weapons, although the regime is known to be in possession of significant stockpiles of various toxic agents.

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How much does it take to be wealthy?

How much does it take to be wealthy?.

How much does it take to be wealthy?

How much does it take to be wealthy? Would others consider you wealthy? That would depend on where in the world you live, reveals a new poll carried out by the world’s largest independent financial advisory organisation.

The deVere Group survey finds that in Hong Kong the average level of wealth someone would need to have to be deemed ‘wealthy’ would be 2.8 million USD (21.7m HKD*), in the United Arab Emirates it would be 2.6 million USD (9.5m AED*), in the United States it would be 1.4 million USD, in the United Kingdom it would be 1.3 million USD (837,000 GBP*), and in South Africa it would be 1.2 million USD (11.9m ZAR*).

More than 900 deVere clients throughout June and July, across these five territories – from where the international financial consultancy runs some of its largest operations – were asked ‘At what level of personal wealth would you term someone wealthy?’

In Hong Kong, UAE, USA, UK and South Africa, the overall average level of wealth that people would need to have acquired, according to those surveyed, would be 1.86 million USD.

The poll was undertaken to help gain a more in-depth understanding into the perception of wealth. This will further empower the deVere Group to better understand clients’ financial thinking and, therefore, how best to advise them to reach, and even exceed, their long-term financial goals.

Those polled were, in addition, asked ‘Does money bring you happiness?’ The overwhelming majority believe that it does. 86 per cent of those in Hong Kong replied ‘yes’, with 84 per cent in the UAE, 81 per cent in the US, 77 per cent in the UK, and 72 per cent in South Africa responding in the same way.

Overall, 80 percent of the survey’s participants believe that money does bring happiness.

Of the two sets of findings, deVere Group’s founder and chief executive, Nigel Green, comments: “The poll highlights that wealth is a subjective, largely relative, issue.

“It’s our experience that an increasing number of people across these five territories are becoming what would be deemed as ‘wealthy’. However, whatever level you are financially, the most vital thing is to have a sound, workable, progressive financial strategy.

“In addition, as the findings reveal, it is widely believed that money can bring happiness. Many things can make us happy, but I suspect the reason why most people insist money is a major contributor to happiness is because it provides a wider scope of opportunity.”

*Approximate figures.

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