Jun 9, 2008 / 10:47am / in Asia, Emerging Markets, International Investing
From Whiskey & Gunpowder:
China added more to global economic growth in 2007 than the U.S. That's the first time a country other than the U.S. has contributed more to global GDP since at least the 1930s. This little history-making milestone typifies a growing list of Chinese economic achievements… and American shortcomings. "On issue after issue," Zakaria writes, "China has become the second most important country on the planet."
Apr 30, 2008 / 10:55am / in Americas, Emerging Markets, General, International Investing
This excerpt is from Charles Darwin's The Journey of the Beagle, published in 1839. As you can see from this passage he recognized the role of property rights in the ascent of man above a substinance living:
Apr 2, 2008 / 9:31am / in Africa, Americas, Asia, Emerging Markets, Equities, General, International Investing
Today's WSJ has the story. The other surprise here is the large equity decline in China and India:
...the only booming stock markets are those in the most emerging of emerging markets: Pakistan, Peru, and Chile. Those stocks markets have risen, respectively, 9.5%, 7.1%, and 6.6% this year, according to data provided to Deal Journal by FactSet Research Systems. Taiwan, it should be noted, posted a 7.5% rise for the first quarter.
Sep 24, 2007 / 11:20am / in Africa, Asia, Emerging Markets, Equities, General, International Investing
From the FT:
The Morgan Stanley Capital International Asia-Pacific ex-Japan index struck a record high as both Hong Kong and Sydney climbed to new peaks and Singapore closed at its best level for two months.
The MSCI emerging market equity index also broke into uncharted territory as it recouped all the losses incurred during the credit squeeze in July and August. Shares in India, China and Brazil all touched new records.
Aug 29, 2007 / 10:07am / in Emerging Markets, General, hedge funds, International Investing
$100 million! From the WSJ:
Iraq Fund LLC, Iraq's first hedge fund, aims to raise as much as $100 million within 18 months for investment in companies listed on the local bourse and in state enterprises, a company official said.
Aug 14, 2007 / 9:47am / in Asia, Emerging Markets, Equities, General, hedge funds, International Investing
Jul 19, 2007 / 8:41am / in Commodities, Emerging Markets, General, International Investing
The furious economic growth of the BRIC’s (Brazil, Russia, Indian, China) makes increased world wide energy demand almost inevitable. But will the most growth come in coal, oil, or something more green? The Agora Financial newletter, Whisky & Gunpower suggests investing in molybdenum to gain exposure to all energy sectors. It’s used almost everywhere:
Jun 21, 2007 / 6:16am / in Asia, Emerging Markets, Fixed Income, General, International Investing
Trading guru Dennis Gartman brings up the issue in his newletter:
Jun 13, 2007 / 3:40am / in Asia, Emerging Markets, General, International Investing
In keeping with the Chinese state's ancient tradition of publishing statistics that do not pass the laugh test, Chinese authorities insist that food prices jumped 8.3 percent from a year earlier, because meat prices jumped 27 percent.