Editor's Note: This is the Ninth Installment of an Ongoing Series Highlighting the Global Investing Outlook for 2008. By Martin Hutchinson Contributing Editor Over the past five years, India has demonstrated it is a growth economy rivaling that of China. But, unlike China, India is a democracy, so it's far less likely the economy will […]
Archives for January 2008
January 2008 - Page 12 of 15 - Money Morning - Only the News You Can Profit From
Global Investing Roundup
News Corp. Buys Into German PPV Market; Indiabulls Beefs Up Consumer Lending; Nokia-Siemens Joins Moves Into the Mid-East; Schnitzer Quarterly Earnings Lackluster News Corp. (NWS), the news and media conglomerate controlled by billionaire Rupert Murdoch, has purchased 15% of Premier PREGn.DE, the largest pay-TV broadcaster in Germany. According to Reuters, News Corp. is paying $421.6 […]
China Taking 10% Stake in International Fusion Power Program
By William Patalon III Executive Editor Money Morning/The Money Map Report As part of a broad strategy to meet its soaring energy needs, China will take a 10% stake in a multi-billion-dollar international fusion-research project, China Radio International reported. The project, called ITER, is designed to demonstrate both the scientific and technical feasibility of fusion power […]
Investing Guru Jim Rogers Predicts "Worst" U.S. Recession in Years; Urges Investors to Shift Into Commodities
By Jennifer Yousfi Managing Editor Investment guru Jim Rogers says the U.S. economy is headed for its roughest recession in years, counseling investors to invest in commodities and to avoid a greenback he expects will be under pressure for "years to come." "It's going to be one of the worst recessions we've had in awhile […]
Afghanistan Opens For Business With China
By Jason Simpkins Associate Editor Resource-hungry China has already expanded energy operations in Africa as well as its cooperation with Iran over oil. Having already established a presence in volatile regions where few others dare to tread, China Metallurgical Group Corporation, also known as MCC, is close to finalizing a deal to begin operations in […]
India Forecasts 9% GDP Growth and $30 Billion in Overseas Investment in 2008
By Mike Caggeso Associate Editor Despite the rocky start forecasted in U.S. markets, analysts and government officials in India are calling for 9% GDP growth and $30 billion of overseas investment by the end of 2008. Lehman Brothers Holdings Inc. (LEH) said India's economy – the second-fastest growing major economy – is at the "take-off […]
Money Morning's Three-Minute Review: How the Events of 2007 Will Shape the Economy, and the Markets, in 2008
By William Patalon III Executive Editor Money Morning/The Money Map Report At the start of 2007, few folks outside of some unsophisticated [in retrospect] mortgage borrowers and the Wall Street investment-banking crowd had ever heard of something called a "subprime mortgage." We've all heard of them, now. As the year progressed into summer and then […]
Money Morning's Three-Minute Review: How Last Week's Events Will Shape This Week's Action
By William Patalon III Executive Editor Money Morning/The Money Map Report Back when the late Joe DiMaggio, the so-called "Yankee Clipper," patrolled centerfield for the Bronx Bombers, baseball fans had a saying: "As DiMag goes, so go the Yankees." The relationship is precisely the same when it comes to January and U.S. stock prices. It's […]
Outlook 2008: The Way to Play Bonds, Even in an Inflationary Market
Editor's Note: This is the Eighth Instalment of an Ongoing Series Highlighting the Global Investing Outlook for 2008. By Martin Hutchinson Contributing Editor It's always difficult to predict a market's performance over 12 months, but this year in the bond markets it's simply impossible. The U.S. Federal Reserve will almost certainly change its monetary policy […]
Odds Might Be Rising, But a Recession Is Still Far From a Sure Bet
By Jennifer Yousfi Managing Editor The U.S. unemployment rate for November rose 0.3% to reach 5% – the highest rate since 2003 – and non-farm payrolls gained slightly to 18,000, according to a statement from the Bureau of Labor Statistics (BLS). On Wednesday, the Institute for Supply Management (ISM) released the Purchasing Managers' Index (PMI) […]