Forbes Rates Bangkok Worlds Best Party City
Every city has its charm–its own unique qualities that make it stand out, whether it’s the culture, the architecture, the history, the food, the arts scene or some combination thereof.
But the greatest party cities have all these things, yet undergo a complete transformation after dark. They become a little louder–and maybe even a little naughtier [...]
The last Red Roadmaster’s Stock Talk of 2009
Paul Ebeling has done a great job this year with the stock talk, his market wrap ups and teaching us all some trading strategy. I know for a fact that there is no substitute for time on the market and Paul has more than most of us, so his opinion is one I always take [...]
Asia up 68%in 2009
Those that have followed Ebeling Heffernan this year that we have made an impressive start, our calls on Asia, Oil, Copper, AAPL and a host of other stocks has been first class.The daily report from Paul Ebeling has produced winner after winner day after day. As for the Hot List what an amazing debut, looking [...]
China to support foreign funded businesses with credit
The Chinese government said Wednesday that its financial institutions are encouraged to step up credit support to foreign funded businesses because they have become an important part of the World’s 3rd largest economy.
Foreign funded companies will now have more access to financing and will be encouraged to take part in the mergers, acquisitions and reshuffling [...]
The French toast to cheap Champagne
New Year revelers in France have a reason to raise their glasses higher at Midnight tonight: Champagne at less than €10 a bottle, on producer price cuts in response to the economic downturn.
Laurent-Perrier the seller of Grand Siecle Champagne is currently promoting its €10 ($14, £9) Jeanmaire brand, while Boizel Chanoine Champagne, which sells the [...]
Europe 2010
The European Union must use the Lisbon treaty, not abuse it, advises Edward Carr
The moment when the Lisbon treaty becomes law, probably around the start of 2010, will seem to many in the European Union like a blessed relief—a halt to eight years of haggling, to the repeated rejection of a European constitution and to [...]
The Economist Reports on Brazil
Brazil used to be all promise. Now it is beginning to deliver, says John Prideaux
BRAZIL has long been known as a place of vast potential. It has the world’s largest freshwater supplies, the largest tropical forests, land so fertile that in some places farmers manage three harvests a year, and huge mineral and hydrocarbon [...]
Goldman defends shorting its CDOs
GOLDMAN SACHS has moved to justify spending millions of dollars short-selling some of the financial products it made and sold to clients.
In a rare statement of defence, the American investment bank has offered a detailed explanation of its dealings in mortgage-backed products, particularly regarding col-lateralised debt obligations, in the years preceding the financial crisis.
The explanation [...]
Rio ramps up iron ore output as demand returns
Rio Tinto mined more than 50 million tonnes of iron ore, or a quarter of its total output this year, from a single mine in Western Australia for the first time as demand for the raw material recovered.
The Yandicoogina mine in the Pilbara, one of a handful worked by Rio Tinto, achieved the figure after [...]
Oil Improves
World oil prices rose towards 80 dollars on Wednesday on news of falling US crude reserves, which indicated stronger demand in the world’s biggest energy consuming nation, traders said.
New York’s main futures contract, light sweet crude for delivery in February, added 59 cents to 79.46 dollars a barrel.
Brent North Sea crude for February won 72 [...]
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