Forum di prova - At 4,158 meters above sea level, Jungfrau is one of zhangsan520 - Ven Mag 24, 04:02:19 Oggetto: At 4,158 meters above sea level, Jungfrau is one of
TORONTO
, Feb. 9 (Xinhua) -- Canada's main stock market in Toronto went further down Tuesday after oil prices dived back to 28 U.S. dollars a barrel over global excess supply.
The Toronto Stock Exchange's benchmark Standard & Poor'sTSX Composite Index lost 252.75 points, or 2.02 percent, to close at 12,282.65 points. Five of the TSX index's eight main sub-sectors went down.
The International Energy Agency says oil supply is set to outpace demand this year, keeping a lid on any expected price increases. The organization, which advises countries on energy policy, said in its monthly report Tuesday that global excess supply may reach 2 million barrels per day during the first quarter
, and a further 1.5 million barrels a day in the second quarter. Further stock-building of 300,000 barrels a day is forecast in the second half of the year.
The U.S. WTI for March delivery moved down 1.75 U.S. dollars to settle at 27.94 dollars a barrel on the New York Mercantile Exchange, while Brent crude for April delivery decreased 2.56 dollars to close at 30.32 dollars a barrel on the London ICE Futures Exchange.
TSX's energy and mining groups led the decline, down 4.72 percent and 7.10 percent respectively. Vancouver-based mining company First Quantum Minerals Ltd. lost 10.84 percent to 3.29 Canadian dollars per share, and Calgary-based energy producer Encana Corporation retreated 8.92 percent to 5.31 Canadian dollars per share.
Heavyweight financial stocks were hammered by 2.37 percent, with Manulife Financial Corporation losing 3.84 percent, Royal Bank of Canada shedding 2.38 percent and Toronto-Dominion Bank giving away 2.39 percent.
St. John's-based utility Fortis Inc. lost 10.25 percent to 37.14 Canadian dollars a share after the company said it would buy a U.S. power transmission company. Fortis is an investor-owned distribution utility in Canada
, serving more than 2.4 million gas and electricity customers. Utilities decreased 4.50 percent as a group.
Canadian equity markets have been in a slump so far this year after a lacklustre 2015. Several factors have kept investors in a selling mood, including falling crude oil prices, waning growth in Asia and increased risk of recession in other major economies if market volatility takes a toll on business confidence and investment.
"With Chinese markets closed for the Lunar New Year holidays, the only driver of the market continues to be fear of a slowdown in the global economy," said Michael J Smith, a Toronto currency expert at AFEX, a global non-bank provider of foreign currency services.
Overnight Japanese stocks were down 5.4 percent and in Europe investors continue to sell financial stocks expressing concern about the health of European banks.
The Euro is a little stronger Tuesday morning despite a poor showing of German Industrial Output which fell 1.2 percent in December
, the largest Euro economy ended 2015 with some weakness. The European Central Bank may look at this and decide to add more stimulus to the economy a move which should push the Euro lower.
"With the lack of other factors in play at the moment the loonie may go back to tracking the oil price to get some direction, it is still worthwhile to keep an eye on it," said Smith.
The Canadian dollar was traded mildly higher at 0.7205 U.S. dollar, compared with Monday's closing rate of 0.7177 U.S. dollar.
GENEVA, Jan. 26 (Xinhua) -- Recent snowfall in China, even in its warm south, made people very excited
, and this gave Swiss tourism agencies more confidence to attract more guests from China, especially with the Chinese New Year vacations approaching.
On the streets of Interlaken, one of the most popular tourism destinations in Switzerland, Asians are the most frequently seen groups, and people can easily find Chinese characters with welcoming messages in major shops and hotels.
"Traditionally, we don't have so many visitors from Asia, but in the past two years our Asian tourists
, especially from China, have increased sharply," Goncalo Costa, a tourism guide in Jungfrau, said.
Chinese media estimated that at least six million Chinese tourists have planned to travel abroad during the coming 2016 New Year holidays, which takes place the beginning of next month.
Being praised as "Queen of the Alps" and "top of Europe", Jungfrau
, meaning virgin in German, is now to expect more tourists from China.
At 4,158 meters above sea level, Jungfrau is one of the Alps' highest peaks. Together with the 23-km-long Aletsch glacier at its foot, it has been listed as one of the United Nations natural heritage sites.
Taking a special train to the highest railway station in Europe at 3,454 meters altitude, visitors always have an opportunity to enjoy the delightful views and stunning stops inside the glacier gallery during the two-and-a-half hour trip.
A Jungfrau Railways staffer said in 2015
, even though the Swiss tourism industry was facing big challenges, the number of visitors to Jungfrau actually increased by 17 percent to exceed 1 million people for the first time in its history, with tourists from China the largest-growing group.
The latest figures from Switzerland Tourism showed that China has become Switzerland's number one source country of tourists in Asia.
The good news for Chinese tourists is that in order to facilitate more Chinese people's travels to Switzerland, the Swiss Embassy in Beijing has decided to launch another three visa processing centers in Chengdu, Wuhan and Shenyang on Jan. 29, just before the coming Chinese New Year on Feb. 8.
Alpine chalets, igloos
, ice fishing, skiing, or sledding on the three-km long Eiger Run trail, the Swiss tourism attraction is obviously ready for the growing number of Chinese vacationers who tend to spent more money during their travels.
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