Europe has an excellent conventional rail network.However not many people know that the continent also has an amazing high speed rail network that covers many of the major cities. Today the fastest high speed train in operation is AGV Italo which has a top operational speed of 36o km/hr and broke a record speed of 574.8 km/hr during test …
Continue reading ‘High Speed Rail Maps of Europe and North America’ »
In 2011, FT’s beyondbrics blog published an interesting chart showing the top five firms by market capitalization in BRIC countries and discussed about how a few large companies dominate the stock market in those markets. I am including that chart below in order to add some perspective to this post. Click to enlarge Source: Chart of …
Continue reading ‘A Review Of The Top 5 BRIC Companies By Market Capitalization’ »
Foreign companies listed on the US markets may terminate their American Depository Receipts(DRs) for a variety of reasons including lack of liquidity, interest, costs, etc. This is different from a company moving their listing from an organized exchange such as the NYSE to OTC market. In such cases the ADR will continue to trade but …
Many countries depend on natural resources for generating revenues. However abundance of natural resources can be a blessing or a curse. Despite blessed with rich resources some countries remain poor. For example, Angola is the largest producer of oil in sub-Saharan Africa. Yet the country has the highest infant mortality rate in the world. Certain countries …
The U.S. equity market has had an excellent performance two years in a row. In 2013, the S&P 500 soared by 29.6% on price basis and this year it is up by 12.6% as year-to-date (YTD) as of Dec 22nd. Many developed and emerging markets on the other hand have had a bad year with returns …