The following is a list of notable corporate actions on some of the ADR programs as of Feb 20, 2015: Shandong Luoxin Pharmacy Stock Co. Ltd (SLUXY) changed its name to Shandong Luoxin Pharmaceutical Group Stock Co., Ltd. Ricoh Company Ltd (RICOY) changed its ratio to 1 Depository Share : 1 Ordinary share from 1 Depository …
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Global equity valuations have recently peaked to reach earlier highs and stocks are now more dependent on earnings to move higher, according to an article by Jeffrey Kleintop of Charles Schwab. From the article: Earnings are the most important driver of the stock market over the long term. The global stock market, as tracked by the MSCI …
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The Indian stock market was one of the best performing markets in 2014 with a return of nearly 30% for the Sensex in local currency terms. This followed a 26% return in 2012 and 9% return in 2013 respectively. Year-to-date the index is up by 6.60% as of Feb 18th. Andrew Graham of Martin Currie,UK …
Credit Suisse recently published their famous Global Investment Returns Yearbook for 2015. It is a fascinating report with a variety of superb charts. For example, the chart below shows the sector weightings for select countries: Click to enlarge The entire report is worth a read for serious investors. Download the full report by clicking on the …
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China is the world’s second-largest consumer of oil after the U.S. Much of the oil consumed by China is imported making it the second largest importer of oil also. According to the U.S. EIA, China consumed about 10.7 million barrels per day in 2013. China’s oil production and consumption Click to enlarge China’s largest oil …