New Online Business News Network Descend On Wall Street

Feb. 10, 2011 - PRLog -- Stock brokers, commodity traders, analysts, investment bankers and other professionals on Wall Street, and elsewhere will now have access to an additional source of online international business and news, with the launching of the Wall Street Business News Network (www.wsbnn.com) website.

Wading into a crowded arena where established media such as Bloomberg, the Wall Street Journal and the New York Times reign supreme for decades, the Wall Street Business News Network (WSBNN) website introduces a new way of viewing coverage of international business and finance news by offering more interactive features to users such as news videos.

According to its President and CEO, Nelson Wong, news coverage by the Wall Street Business News Network are just as up to date and diversified as the main stream media.

Business news coverage includes but is not limited to stock exchanges, foreign exchange, equity and commodities markets, corporate finance, mergers and acquisitions, fixed income, mutual funds, taxation, emerging markets, small businesses, manufacturing, energy, engineering, technology, healthcare, real estates and logistics news.

Wong added that the role of an online media such as WSBNN is not only to provide the latest news and information to market players, but also to keep politicians and policy makers honest. Case in point would be the subject of climate change. Wong was surprised that the new chair of the US House Energy and Commerce Committee, Fred Upton revealed that he does not believe in climate change or the role human society has in it.

Climate change is an established scientific fact. Failure to regulate green house gas emission in the name of jobs creation is a fallacy that will lead to a tragedy like the Deepwater Horizon oil well blowout accident.

Wong believes that one of the main reasons behind the massive devastation of the Deepwater Horizon accident could be the suspension of the implementation of the oil well blowout scenario policy required of drilling companies. Wong said that he may be wrong but he read some time back that the reason given for the suspension was to save cost and to create jobs.

WSBNN does not publish an editorial column currently. But there are plans for one to be in place before the coming United States presidential election of 2012.

Apart from market data, WSBNN also provides coverage on regional news and politics for North America, Central America, South America, Europe, Middle-East, Africa, Asia and the South Pacific Islands. News on lifestyle, sports and entertainment are also included.

In addition, WSBNN has a job page to assist job seekers in their job searches. The job page features a list of recruiters, links to classified jobs advertisements from various leading newspapers and even videos to coach job seekers on the various aspects of successful job searches.

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The Wall Street Business News Network (WSBNN) is a privately-held company incorporated in Panama. Its core business is broadcasting business and finance news online. Its URL is: http://www.wsbnn.com