The political drama for raising the US debt ceiling continues for many days now. From a Bloomberg news report: President Barack Obama, pressing congressional leaders for a multi trillion-dollar agreement in deficit-cutting talks “running out of time,” dismissed a plan that House Republicans will promote as not “serious.” As negotiators near an Aug. 2 deadline …
Brazil is one of the perennial favorite emerging market destination for many investors. However in terms of equity market performance, the smaller Latin American economies of Peru and Colombia beat Brazil over the 5-year term. In a recent Trustnet (UK) article Fidelity manager Alex Duffy noted: “Despite the fact that Brazil is the largest economy …
Continue reading ‘Performance Comparison: Peru and Colombia Top Brazil’ »
When investing in foreign stocks one of the factors that investors should take into consideration is the tax treatment of dividends earned. To that end, earlier this year I wrote an article on Withholding Tax Rates by Country for Foreign Stock Dividends. Similar to other countries, the U.S. also has income tax treaties with many …
Continue reading ‘List of Countries With Which the US Has Tax Treaties’ »
Tibet 5100 Water Resources Holdings(1115.HK) recently raised HK$1.38 billion ($177 million) from its initial public offering and will become the first Tibetan company to list in Hong Kong. Tibet 5100 sells most of the water it produces to corporate clients like railway operators, airlines, banks and hotels as well as government organisations through long-term contracts. …