高级商务英语听说（第二版）Unit 10 Financial World.pptVIP

Financial World金融世界 * University of International Business and Economics * Unit 10 ?Learning objectives In this unit students will learn words and expressions related to financial world. Students will be able to talk about their understanding of the financial world. 1. What is making banks changes? Competition and the nature of seeking after profits have made banks change. 2. In what way are banks and other financial institutions interwoven? Their business lines are very difficult to separate from each other. Comprehension Questions: 3. Are commercial banks allowed to get into the securities business? Yes, they are since the abolishment of Glass-Steagal Act in 1999. 4. Is it possible to separate commercial banking from investment banking? No. It will be very difficult to do so nowadays. First listening: listen for the gist Part A What is the main idea of news item one? The World Bank has committed to lend India $3bn a year for the next three years to improve the infrastructure of its rural areas, home to most of the country’s poor. What is the main idea of news item two? In a long-awaited but unexpected move, China yesterday announced that its currency would no longer be pegged to the US dollar. What is the main idea of news item three? The gilt market squeezed higher for most of the week even though hopes of a second interest rate cut in the UK this year were all but abandoned. What is the main idea of news item four? Despite its faster growth, Americas real bond yields are lower than Japans and about the same as in the euro area. What is the main idea of news item five? Your name is currently on an estimated 700 databases used by the direct marketing companies that plague potential customers with unwanted phone calls and junk mails. Second listening: listen for specific information Notice the following expressions: have committed to, peg, gilt, squeezed, bond yields, persist, plague, cold calling Third listening: sentences imitation