In an article titled Barometer on China’s Health: Shippers the Wall Street Journal noted yesterday that “If China’s economy is faltering, the global shipping industry will be among the first to reveal it.” Most of the commodities such as oil, iron ore, wheat, etc. are shipped worldwide are transported by ships. The article added “The …
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Chinese listed banks, which have lent record high amounts in the first half, are likely to report lower profit growth in the period due to narrowing interest spreads and higher provisioning requirements, industry analysts said. Chinese listed banks to see lower profit U.S. Listed China ADR Stocks by Sector World Bank: China Page IMF: China …
The ongoing economic crisis has pummelled Spain. Small businesses feel abandoned by the government, layoffs are swelling the ranks of the desperate, and a whole generation of recent college graduates is facing a future without prospects.Recession Robs Spain’s Youth of Jobs and Hope THE RETURN OF GREED Investment banks, of all things, are making serious …
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Crude Oil aka “Black Gold” and Natural Gas are two of the major commodities that are traded heavily in the international commodity markets. Countries that are blessed with these resources accumulate great wealth as the prices of oil and natural gas go up. Russia, for example, reaped huge profits in recent years when price of …
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Recently MoneySense magazine of Canada published the ten best stocks to buy and hold for the next 10 years. The stocks selected are listed below: Boeing (BA) Cemex (CX) Ebay (EBAY) Fairfax Financial (FFX) Leucadia National JNJ (JNJ) Microsoft (MSFT) Service Corp Transcanada (TRP) Walmart (WMT) Of the ten stocks above, majority of them are …