From Staff Reports Central banks in Europe, Asia and the U.S. injected more cash into the global financial markets yesterday (Tuesday), in a continued campaign to allay investor fears, The Associated Press reported. The European Central Bank placed $370.6 billion in its normal weekly refinancing, adding to emergency maneuvers it’s undertaken over the past few […]
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Global Markets
Where are the subprime bodies buried?
By Martin HutchinsonDirector of Global Investing Research When the subprime mortgage crisis broke in February, I assumed (like most others) that its ill effects would be confined to obscure housing finance companies within the United States – a niche of the financial sector in which I had no interest in investing anyway. But the recent […]
As China Soars, Prices Are Rising More Than Most Realize
For all the talk of China's high-speed economy, there's been little real discussion of the way prices for certain goods have skyrocketed.
In Japan, Bad News Could be Good News for Investors
By Martin Hutchinson Director of Global Investing Research When Shinzo Abe, Japan's prime minister, suffered an election defeat recently, some investors at first thought it was bad news. You see, it was Abe who had followed the pro-market policies of the previous prime minister, Junichiro Koizumi, and in doing so pulled Japan out of its […]
Mexico's 2.8% Q2 Growth Masks Possible Economic Problems
By Mike Caggeso While Mexico's economy grew at a 2.8% in the second quarter – snapping a four-quarter streak of economic deceleration – experts are only cautiously optimistic about the country's ongoing growth. There are several reasons for this. First, several sectors reported strong earnings. Agriculture production was up 3.8%. Services rose 3.7%, led by […]
Asian Markets: Pounded in Friday, Soar Today
From Staff Reports Asian shares were pounded Friday in the wake of continued turmoil in the global credit markets. But then they soared today (Monday) in a powerful rebound, fueled by the U.S. central bank's interest-rate action on Friday. In Japan, shares suffered their worst single-day decline in seven years – with heavy selling in […]
China Insists it Won't Dump its Dollars
From Staff Reports China's ambassador to the United States has taken steps to assure Congressional leaders that China has no plans to dump its U.S. dollar reserves as a way of retaliating against the United States for its attempts to strong-arm China into revaluing the Chinese Yuan currency, according to published reports. “I'd like to […]
Fixed Asset Investment In China Rises to $747 Billion, a 26.6% Increase
By Jason Simpkins Investment in China’s fixed assets – factories, property and equipment – increased 26.6% in the first seven months of 2007, fueling concerns that China’s national economy could overheat. In a related development, inflation has reached a ten-year high, putting even more pressure on China’s central bank to raise interest rates, and slow […]
In Ireland, Green Means Go as Investors Watch Their Wealth Soar
Reasons to invest in Ireland
Beware of the "Tipping Point"
From Staff Reports It’s called the “tipping point,” and it’s a term that strikes fear in the hearts of even the toughest global traders. Simply put, the tipping point is that specific place in time where there’s just too much bad news for an economic system to overcome. When that point is reached, the market […]