On August 23rd, the British-banking giant HSBC Holdings (HBC) bid for Nedbank(OTC: NDBKY), South Africa’s fourth largest bank. HSBC is trying to buy the majority stake held in Nedbank by Anglo-South African insurer Old Mutual. The deal potentially valued at $6.8B would give HSBC a 70% stake in Nedbank and offer the bank a strong …
The S&P/TSX Capped Energy Index consists of Canadian energy sector stocks that are listed on the TSX. The iShares S&P/TSX Capped Energy ETF (XEG.TO) tracks the performance of this index. The top 10 components of this fund are listed below together with their ticker in the US markets and the current dividend yield: 1 .Suncor …
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Last week, China overtook Japan to become the world’s second largest economy. While this was a major news in the global media, it was a non-event in China. China is still considered as a poor country.The per capita GDP of China was $6,675 last year compared to $32,443 for Japan. In terms of per capita …
Continue reading ‘Chart: Comparing Personal Disposable Income Among BRIICS’ »
An unsupportable American dream Stiglitz: Europe’s governments are stupidly creating a double-dip recession UK now ‘third-tier economic player’, says ad guru Banks approve just 1,000 mortgages a day – Daily Telegraph Stiglitz’s view on Asia Yields on dividend ETFs come with stock-like risks 3 Stocks With Slim P/Es and Fat Yields Lack of Jobs, Foreclosures …
Continue reading ‘Knowledge is Power: American Dream, Housing, UK Economy Edition’ »
Olive: China’s unfinished economic revolution Why taxes are low in the Middle East Housing Fades as a Means to Build Wealth, Analysts Say Bury Keynesian Voodoo Before It Can Bury Us All: Kevin Hassett German industry expects jobless figure to dip to 18-year low 10 of the most unethical ways to make money Big bond …
Continue reading ‘Knowledge is Power: China, Gold Demand, Middle East Taxes Edition’ »