Archive of entries posted by David Hunkar

Can the Chinese Renminbi Replace the US Dollar as the World’s Reserve Currency?

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China was the world’s largest economy before 1890. According to Professor Angus Maddison, author of the Chinese Economic Performance in the Long Run, China’s role in the world has changed dramatically in the last thousand years and China is likely to become the world’s largest economy by 2015 beating the US. The author mentioned that …

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The World’s Best Developed Market Banks 2010

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Last month the Global Finance magazine announced the awards for the best banks in the developed world for this year. The winners were selected in 25 countries excluding Ireland and Iceland. From the magazine report: “All selections were made by the editors of Global Finance, after extensive consultations with bankers, corporate financial executives and analysts …

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10 Leading Swiss Companies

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The Dow Jones Switzerland Titans 30 Index tracks the performance of 30 leading stocks in traded in Switzerland. The stocks in this index are selected based on float-adjusted market capitalization and average trading volume. The Top 10 components in the Dow Jones Switzerland Titans 30 Index are: 1. Company: Novartis AG (NVS) Sector: Health Care …

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Will Singapore Stocks Shine This Year?

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The city state of Singapore was not affected severely during the financial crisis and is now well positioned to benefit from a rebound in the global economy. The seasonally adjusted unemployment rate for December 2009 was just 2.1%. As a major hub for international trade and commerce, for January this year total trade was up …

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