For The Professional Investor
Despite the havoc the most recent financial crisis has wrecked upon economies and businesses, many have said that the tough conditions would give rise to further innovations and creativity in the entrepreneurial world,and they may have been right. Initial Public Offerings on U.S. markets recorded the best year since the technology boom of 1999 sending […]
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Indonesia’s recent ban on exports of raw nickel in an attempt to boost the nation’s refineries, has left China, the biggest importer scrambling to find alternative solutions. According to a Bloomsberg News survey, Chinese mills that import Indonesian raw material for the production of nickel pig iron, a substitute of the refined metal, have amassed […]
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Data accidentally released on the Treasury Department’s Website showed that China’s holding of U.S. Treasuries climbed $12.2 billion to an unprecedented $1.37 billion. The official report is scheduled for release at 9 a.m. tomorrow morning in Washington, but has been inadvertently posted on the Treasury’s website. The figures also show an increase in Japan’s holdings […]
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Yahoo! Inc. (YHOO)’s Chief Executive Officer Marissa Mayer has made headlines again, but this time not about her work ethics or quirky personality. Mayer is firing one of Yahoo’s top people, Henrique de Castro, who has been the Chief Operating Officer for the company for the past 14 months due to disappointment with his attempts […]
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The Standard & Poor 500 Index has recorded its biggest gain of the year on rising U.S. stocks amidst better-than-expected retail sales and a corporate merger that boosted confidence in U.S. economy. Technology companies were lead in gains by Inter Corp. and Jabil Circuit Inc. with rises of at lease 4 percent as analysts posted […]
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Concerns over potential interest conflicts and market manipulation form the Congress has led the Federal Reserve to a consideration of further restrictions on the trading and storing of physical commodities by banks. In a meeting yesterday the Fed posed 24 questions for discussion to its members, including some on the dangers of trading and owning […]
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Samsung Electronics Co. (005930) has recently experienced a $28-billion loss in a stretch of only six weeks, and the stock’s most accurate forecaster expects the drop to deepen as Apple Inc. (AAPL) and Chinese competitors bite off greater chinks of the market. Samsung, which is based in Suwon, South Korea, saw its shares plummet 13 […]
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Japanese investors have been leaving their home markets preferring to send their money overseas in an attempt to battle their country’s unprecedented quantitative easing. In fact, the volume of bonds marked in dollars and euros bought by Japanese investors swelled to a four-month high in November. A net 1.48 trillion yen ($14.3 billion) worth of […]
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The benchmark Chinese Index has fallen to its lower level in five months, as losses on technology and consumer shares overtook advances in Aluminum Corp. of China Ltd. and raw-material companies. Apple Inc. supplier GoerTek Inc. (002241) reached the lowest level since May, while Gree Electric Appliances Inc. lost 3.8 percent. Mineral companies had a […]
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The prediction on low-performing commodities for the year already seem to be fulfilling themselves, as hedge funds rein in their bullish attitude by most in seven weeks. With China showing signs of slowed economic growth, commodity prices have reached an eight-month low on increased surpluses. According to the U.S. Commodity Futures Trading Commission data, 18 […]
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