February 22, 2012 -- Updated March 31, 2011 16:42 HKT
ASEAN Markets to Open Lower
ASEAN Markets will consolidate today. After a good week of gains ASEAN Markets will have a slow start to Q2. Over night in the USA; The DJIA fell 30.88 pts, or 0.25% to 12,319.73. The Standard & Poor’s 500 dipped 2.43 pts, or 0.18%, to 1,325.83. The NASDAQ edged up 4.28 pts, or 0.15%, to [...]
World Market Snap Shot
The World Market’s Snap Shot US Stocks: Wall St ends Q-1 Strong US stocks ended a solid Q quietly, as players look to Friday’s U.S. jobs report for the catalyst to drive indexes to new highs on the year. After gaining 5.4% in Q-1, the S&P 500 is near 1,330, a mark the index has [...]
Ally files for IPO
Ally files for IPO, readies for US Treasury sell-down AIG, GM Ally Financial filed for an initial public offering (IPO) that will allow the US government to sell down its majority stake in the rescued auto and mortgage lender. The company filed with the US Securities and Exchange Commission on Thursday to raise up to [...]
France to Narrow Budget
France looks to narrow Y 2011 budget to less than 6% of GDP Budget Minister Francois Baroin estimated Thursday that France can in Y 2011 narrow its budget deficit down below 6% of National output with ongoing efforts to tighten public spending. “We can even say now that we can be slightly below 6% by [...]
Turkey Expands 8.9%
Turkey’s economy expands 8.9% in Y 2010, the fastest growing economy in Eurpoe Turkey’s economy forged ahead in Y 2010 with a higher-than-expected growth of 8.9%, making the country one of the fastest expanding economies in the World, government said Thursday. Last year saw Turkey’s gross domestic product (GDP) total 105.7BTurkish Lira (around US$68.2B) and [...]
Hong Kong’s retail sales + 8.6%
Hong Kong’s retail sales + 8.6% in February The value of total retail sales in Hong Kong last month was provisionally estimated at 29.2B HK Dollars (US$3.75B), up 8.6% from a year earlier, the Census and Statistics Department of the Hong Kong government said Thursday . According to figures released by the Department, after netting [...]
South Korea’s Oil products exports rise
South Korea’s Oil products exports rise on higher Crude price South Korea’s Oil products exports rose 63.5% Y-Y in February due to higher Crude Oil prices, the government said Thursday. Overseas shipments of oil products, including gasoline, diesel, kerosene, naphtha and Bunker-C oil, reached US$3.47B in February, + 63.5% from US$2.12B a year earlier, the [...]
Brazilian Real rises to highest level vs. USD in 3 yrs
Brazilian Real rises to highest level vs. USD in 3 yrs The value of the USD vs the Brazilian Real fell 1.51% on Wednesday, with the Real-dollar exchange rate closing at 1.629 Reais per Dollar. The drop was the lowest since August 27, 2008, before the outbreak of the international financial crisis. It was the [...]
Thailand Stocks Preview, Varopakorn, United Securities
Thailand Stocks are set for a lower open today after a late fall in the USA. Shayne Heffernan best buys are Varopakorn Public Company Limited manufactures and distributes semi-finished aluminum products in Thailand. The company offers aluminum roll and sheet products. It offers finstocks and pre-coated finstocks for refrigerators and air-conditioners; capstocks, an aluminum sheet [...]
Bursa Malaysia Preview, Yee Lee, Mitrajaya
Kuala Lumpur will open lower tomorrow the market seen a good rally this week traders will take profits following a mixed night in USA trading. Shayne Heffernan Best Buys are Yee Lee Yee Lee has seen a strong run forward since 2009, based on the low P/E this stock should rally back toward $1.50 according [...]
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ASEAN as an Investment Destination with Global Strategist Christopher Harriman
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American Estates Management Company PINK:AEMC is a firm that specializes in the purchase and sale of royalties and mineral rights from estates and individuals. AEMC buy royalty …
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Guest: Samsung Electronics Co. (KS:005930),(PK:SSNLF)
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Guest: Internet volume and sales will double if they make online wagering legal. People will be more adjust to making online currency transactions.
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