European Chemical Stocks Reach Record Highs

Many European chemical companies are projected to report strong earnings for the last quarter. Ahead of the earnings, the Euro Stoxx Chemicals Index has reach reached an all-time high as shown in the graphic below: Source: Stoxx Some of the reasons for this include the solid recovery in the industry since 2009, optimism on profits …

Continue reading ‘European Chemical Stocks Reach Record Highs’ »

Withholding Taxes for Foreign Stock Dividend Payments

Earlier this year I wrote a post on withholding taxes for foreign stock dividends based on data from Dow Jones Indexes. In this post, I have listed below the withholding taxes of 62 countries (including the U.S.) according to data published by STOXX Ltd: [TABLE=926] Source: STOXX USA charges 30% tax on stock dividend payments …

Continue reading ‘Withholding Taxes for Foreign Stock Dividend Payments’ »

U.S. Currency in Circulation Crosses $1 Trillion

The total U.S. currency and coin outstanding at the end of December 2010 crossed over $1 Trillion or $1,165,184,270,423 to be exact according to the Treasury Bulletin March 2011, U.S. Department of the Treasury. When the amounts held by the Treasury and the Federal Reserve Banks are deducted, the total amount in circulation stood at …

Continue reading ‘U.S. Currency in Circulation Crosses $1 Trillion’ »

10 Foreign Stocks For Dividend Income

Foreign stocks generally have high dividend payouts compared to U.S. stocks. Investors looking for dividend income can consider some of the foreign stocks trading as depository receipts in the U.S. To get started, here is a list of ten foreign stocks currently having dividend yields of over 5%: 1.Company: AstraZeneca PLC (AZN) Current Dividend Yield: …

Continue reading ‘10 Foreign Stocks For Dividend Income’ »

Five Major Banks of South Korea

Some of the banks in South Korea are still struggling from bad real-estate loan losses. The country’s Financial Services Commission is considering the creation of a “bad bank” to take on all the non-performing assets currently held by lenders. Of the roughly 100 small savings banks in South Korea, regulators have shut down eight weak …

Continue reading ‘Five Major Banks of South Korea’ »