One of the fastest growing sectors in emerging countries is the mining sector. Many of the emerging countries are heavily commodity-based economies. Russia is dependent on crude oil, Chile is dependent on copper, Brazil for a wide variety of natural resources, South Africa for gold and other precious metals, etc. As a result, when the …
The “top big to fail” concept in the banking industry that has been embraced by U.S. is also true in Europe. European governments also tend to support large banks that are important for the financial system. When smaller banks run into trouble they are left to die or forced to be taken over by bigger …
On August 27, the Wall Street Journal had an article on the beer industry. The article mentioned that the country’s two largest beer makers Anheuser-Busch InBev NV and MillerCoors are planning price increases this fall due to “favorable pricing environment”. Not many companies plan to raise prices in the current economy. Beer makers apparently think …
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The only New Zealand ADR listed in the NYSE is Telecom New Zealand (NZTCY). Currently NZTCY pays a dividend yield of 8.66%. For US investors, there is no country-specific ETF or other funds for investing there.New Zealand stocks generally have excellent yields and the country was not impacted adversely by the credit crisis.The average dividend yield …
The appetite for foreign stocks among U.S. investors is high since last year despite the credit crisis and the current recession.Last year’s market performance proved that the so-called decoupling theory of emerging markets being different from the developed markets is not entirely correct. In fact,many of the emerging market indices such those in Russia, India, …