Last Update: 4:20 pm ET

Economics

ASEAN Markets to Trade Flat

ASEAN will trade flat today ahead of USA Jobs data tonight.
Wall St stocks rose, adding to the biggest rally in the Standard & Poor’s 500 Index since July, and Treasuries fell as an unexpected jump in home sales and a drop in jobless claims tempered concern the economic rebound is weakening. Oil advanced for a [...]

Read More » 12 commentsSeptember 2, 2010

Shayne Heffernan Wall St Outlook NYSE:AA, NYSE:FCX

Best Buys today from Shayne Heffernan NYSE:AA NYSE:FCX
Futures on the Standard & Poor’s 500 Index jumped 1.1 percent. Copper increased 1.3 percent and nickel advanced 2.4 percent. The Swiss franc ended a two-day advance against the euro, and the Australian dollar strengthened against all but one of its 16 major counterparts.
China’s manufacturing economy staged [...]

Read More » 2 commentsSeptember 1, 2010

ASEAN Markets May Lead Rebound

USA markets ended a bad month last night. The Dow Jones industrial average was up 4.99 points, or 0.05 per cent, to end unofficially at 10,014.72. The Standard & Poor’s 500 Index was up just 0.41 of a point, or 0.04 per cent, to finish unofficially at 1049.33. But the Nasdaq Composite Index was down [...]

Jakarta Stocks Trade Flat

The JCI slid 5.2 points, or 0.2 percent, to close at 3,099.57, the second day of losses. About 5.3 billion shares worth Rp 3.2 trillion ($355 million) changing hands. Decliners outnumbered gainers by 97 to 87.
Finance stocks took a hit, with Bank Mandiri, the country’s biggest lender by assets, falling 1.7 percent, and Bank [...]

Shayne Heffernan ASX Report

The ASX will follow the US market higher at open today, Wall Street rallied more than 1.5 per cent after Dr Bernanke said the US Federal Reserve was “prepared to provide additional monetary accommodation through unconventional measures if it proves necessary, especially if the outlook were to deteriorate significantly”.
The Big news on the ASX will [...]

Best ASEAN ETF, THD, EWM, EIDO, EWS, IDX, VNM

Shayne Heffernan offers an insight into gaining some exposure in the fast growing ASEAN Market without all of the trouble of setting up new accounts to trade the various markets, here is a list of the hottest ASEAN ETFs.
iShares MSCI Malaysia Index Fund (EWM)
The Malaysia ETF is well diversified, especially for an emerging market. Four [...]

Shayne Heffernan Issues Blue Chip Hot List, JNJ, MSFT, IBM, BOBE, PNNT, NST, LG

The valuations of the biggest companies on Wall St are still too low according to Shayne Heffernan.
Last November Shayne Heffernan published a Hot Dividend list that has delivered huge returns till now, (Original Article)
Part of your portfolio should be dividend focused, here are a few of my own portfolio, they are always worth holding.
NSTAR (NST) [...]

ASEAN News Summary

Get the best in ASEAN News every day at ASEAN Affairs www.aseanaffairs.com
Thai election when normalcy returns
Prime Minister Abhisit Vejjajiva said on Saturday that new national elections would take place only after the domestic situation returns to normal He was responding to a report that he has not dissolved the House of Representatives for fear [...]

Singapore Stock Exchange, Olam, Singapore Airlines

F&N Subsidiary To Buy 23.1% Stake In Cocoaland For RM54.6m
Singapore closed up 0.44 percent, or 12.87 points, at 2,938.74.
Singapore Airlines fell 1.55 percent to 15.20, while Olam International rose 6.77 percent to 2.68.
Fraser and Neave (F&N)’s Bursa-listed subsidiary is buying a 23.1% stake in Cocoaland Holdings Berhad (CHB) for RM54.6m ($23.6m), in a bid to [...]

Profit Taking Hits Philippines PSI, PIE

Philippine Stock Exchange index lost 36.91 points or about one percent to 3,558.67.
Dealers said the correction was expected as the index had risen sharply last week, halted only by jitters over a bloody hostage-taking incident in Manila this week.
Week on week, the index has also fallen by nearly one percent, a turnaround from the five-day [...]