The Department of Foreign Affairs and Trade of Australia released the Composition of Trade Australia 2010 report today. The following are some of the key takeaways from the report: In 2010, China was the largest trade partner of Australia with total trade growing 23.6% to over A$100 billion for the first time which lead to …
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SABMiller PLC, the international beverage company, announced plans to acquire Foster’s Group(FBRWY) of Australia for A$9.51 billion ($10.06 billion). Foster’s quick rejection of this takeover bid could lead to a battle among the major beer companies. Foster’s rejected the offer saying it “significantly undervalues the company.” Beer companies are attractive investment options when the economy …
The conventional wisdom holds that stocks are always the best asset class for long-term investment. However that theory is not entirely true. Investing in equities at the wrong time and holding for the long-term can lead to large and painful losses. The following three charts shows that investors holding stocks for the long-term may lose …
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The personal household saving rate in Germany is one of the highest among developed countries. German households put aside a monthly average of Euro 190 per inhabitant in the first half of 2010, according to a report by De Statis.The following chart shows the comparison of personal saving rate in Germany against a select few OECD …
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Italian bank stocks fell heavily on Friday.Trading in some banks was suspended due to high volatility in the Milan Stock Exchange. From Italian Banks Sidestep Debt Crisis, Not Vice Versa in The Wall Street Journal: MILAN—With virtually no exposure to Greece and other peripheral euro-zone countries, Italian banks have seemed relatively immune to Europe’s debt …
Continue reading ‘Intesa Sanpaolo: An Italian Bank Worth a Look’ »