Three Chinese hotel chain ADRs have been listed on the U.S. exchanges until now. The last one was the 7 Days Group back in November. That ADR is trading below the IPO price. The latest IPO in this group is China Lodging Group Ltd (HTHT) which started trading on March 26th in the NASDAQ market. …
Australian banks have recovered strongly after the recent financial crisis and are poised to grow further with the economic rebound in Asia.The market capitalization of Australian banks increased by 64% over the past year compared to a 34% increase for the SP/ASX 200 index. The dividend yield has been returning to normal levels in past …
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Olive: Hyperinflation fears on rise Amazon’s move into Canada sparks cultural war with booksellers The Wisdom of the Short-Sellers The global financial crisis: Why were some countries hit harder? Health-Care Cost Lies Make Us Sing the Blues Which way emerging market equities? Health stocks earn good prognosis from analysts China’s demand for oil products to …
Continue reading ‘Knowledge is Power: Hyperinflation Fears, China’s Oil Demand Edition’ »
An article in the Wall Street Journal on Friday lays out one reason why many U.S. states are facing deep budget deficit issues. From the article: “What if government workers earned the average of what private workers earn? States and localities would save $339 billion a year from their more than $2.1 trillion budgets. These …
Continue reading ‘Who are America’s Most Privileged Workers ?’ »
On March 23, 2010 President Barack Obama signed the historic healthcare reform bill into law. This marked the end of many months of wrangling between the Republicans and Democrats. The $938 Billion bill brings many significant changes to the US healthcare system in decades. The $938B bill would be financed by tax increases and reduction …
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