Investors have been pouring money into emerging markets this year. Stock market indices in Brazil, Russia, China, India, etc are up over 50% since the March lows. The ishares MSCI Brazil Index ETF (EWZ) is up 57.69% year to-date till the end of last month. In order to check the current state of the Brazilian …
An ETF and a closed-end fund is available to get exposure to Malaysian equities: 1.ETF iShares MSCI Malaysia Index (EWM). Total Assets= $395M. Dividend yield is over 4%. As a commodity-driven economy Malaysia’s growth is tied to commodities like crude oil, palm oil, rubber, etc. 2.Closed-end Fund Malaysia Fund (MAY) Trades at a discount of …
The latest data from the Singapore government shows that the economy is still in contraction mode. The first quarter GDP shrank by 10.1% when compared to the same quarter last year. Seasonally adjusted unemployment rate was just 3.3%. This figure is artificially kept low by the government due to the many incentives offered to private …
Continue reading ‘Taking the Pulse of Singapore’s Economy’ »
Click on Graph to Enlarge Credit:Â Good Magazine at http://www.good.is
Today the Metals Service Center Institute(MSCI) based in Illinois announced that at current shipping levels US steel inventories represent a 2.9 months supply. The news release stated: “Steel shipments from U.S. metals centers totaled 2.25 million tons in May, a reduction of 48.5% from May 2008 shipments. Steel shipments for the first five months of …
Continue reading ‘Seven Steel Company ADRs traded in NYSE’ »