时间:2019-01-27 作者:英语课 分类:新西兰英语


英语课

  This week, a major finance company, Hanover Finance, announced it is in trouble. They have decided 1 to freeze all investor 2 funds. This means that people who have invested money in their company cannot take it out again at the moment. The company hopes that their problems will be temporary and in the future they will be able to pay back all investors 3’ money. But investors are worried.

This is the second finance company this week to announce it is in trouble. At the beginning of last year, there were 49 finance companies in New Zealand but now 26 of them have collapsed 4 or frozen their investments. These are not banks. They do not give the same financial protection as banks and many people have lost money. In total, $3 billion has been lost or frozen. Many of these companies offered high interest rates which means there was more risk with the investment. However, Hanover Finance seemed to be a safe company. It has experienced owners and was the third largest finance company in New Zealand with assets at over $1 billion. They have two related companies and 16,000 investors in total, with $554 million invested. Six months ago, they announced a profit of $17 million before tax.

The problems for Hanover Finance have come mostly from problems in the property market. They lent money to developers of expensive resorts in Queenstown, Taupo and an apartment block in Auckland, but these properties are not selling. This means the developers are in trouble and are late in paying back the money they borrowed.

Investors have also lost confidence in finance companies and are choosing to invest their money in other ways, maybe in banks. The global economy is also affecting money markets. Companies have to pay more to borrow money from overseas. High oil prices, high food prices, and problems in property markets in many countries have all contributed to global economic difficulties.

Vocabulary

invest / investors / investments, developers, finance / financial, freeze / frozen, collapsed, risk, assets, resorts, global, lend / lent, borrow, economy / economic



adj.决定了的,坚决的;明显的,明确的
  • This gave them a decided advantage over their opponents.这使他们比对手具有明显的优势。
  • There is a decided difference between British and Chinese way of greeting.英国人和中国人打招呼的方式有很明显的区别。
n.投资者,投资人
  • My nephew is a cautious investor.我侄子是个小心谨慎的投资者。
  • The investor believes that his investment will pay off handsomely soon.这个投资者相信他的投资不久会有相当大的收益。
n.投资者,出资者( investor的名词复数 )
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
adj.倒塌的
  • Jack collapsed in agony on the floor. 杰克十分痛苦地瘫倒在地板上。
  • The roof collapsed under the weight of snow. 房顶在雪的重压下突然坍塌下来。
学英语单词
Abbotsford
aeroguns
age-limit
anti-climbing
argue for
audience room
Australind
bearing on
beta-naphthoquinoline
bloodyhandedness
bohemeo
Brassaiopsis hainla
Bream, Julian
Canadian Association of Broadcasters
cell-freer
Colombian
compensating eyepiece
confidentiality agreements
customary's account
debona
deep-space
detective fiction
dissentshik
document architecture
Dorintosh
dual face
duodenoscopic
e-meter
earth board
embassies
Errochty Water
eumc
European water ouzel
executing a sentence outside of jail
ferritic-pearbite
fibrowatt
fleshes out
floating-rate
floodgums
fractional power law
Glafsfjörden
go after
Heracleum hemsleyanum
incohesion
International Rescue Committee
intrahepatic cholangiolar hepatitis
intuition type
Jamaican apple
john glover
judicial clause
jugale
Kaifu Toshiki
La Clayette
ligamentum transcersum atlantis
loabe
Lodhammar
lolland (laaland i.)
make an errand
management on board
method of areas
microhabitat
microprocessor language editor
milich
monobasic potassium oxalate
niman
non-listed company
ocean bottoms
Organa genitalia feminina interna
overprepared
paraphyte
Phlebochiton
pinions
prairie chicken
present-worth
prolonged succession
quantized interval
raft culture
reduction in pass
remember me to sb
research on markets
retinochoroiditis juxtapapillaris
retrochoir
reys
Saint Basil the Blessed
secondary couple
severe deformity
Sida subcordata
strawberry pears
sucking off
sync
tensile creep test
terfluranol
the hunger games
thick-legged
third class commercial paper
till the earth
ultrasonic examination of urogenital system
untimeous
Wahhabi
well-illustrated
Whistler's Mother
wire filter