According to an article in one of the India’s business newspapers, Indian bank stocks are being bought heavily the government-owned insurance company, Life Insurance Corporation of India (LIC). This bodes well for Indian bank ADRs such as ICICI Bank’s IBN and HDFC Bank’s HDB. The main stock market index of India, Sensex returned an incredible …
After five years of strong growth Latin American economies were severely impacted by the current credit crunch. However the region holds plenty of potential for the future growth. The following are some key points from a “Regional Overview: Latin America” report by Institute of International Finance (IIF). “Most countries are better prepared to confront the …
1.Canada’s economy is in serious trouble, which means our future jobs and prosperity are in trouble. Our economic problems run much deeper than the daily headlines on job losses at General Motors, bankruptcy protection at Nortel, and business failures in many small businesses, from retailers to restaurants. For several decades we have failed – despite …
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Emerging markets are performing better this year than developed markets.Investors’ appetite for risk has increased and many of the emerging market indices have rebounded nicely this year. One of main developing countries that is attracting investor attention this this year is Brazil. The iShares MSCI Brazil Index Fund (EWZ) ETF is up by 10.45% as …