The economy of South Korea grew at a 1.7% pace in the second quarter
Category
Global Markets
Election Victory is Good for Turkey's Economy, Not so Good for U.S. Investors With Domestic-Only Focus
Turkey Prime Minister Recep Tayyip Erdogan retained his post with a landslide victory in the country's Sunday election that saw an 80% voter turnout
Will One or Two Degrees Make A Difference In Emerging Markets?
In the West, combating global warming is a cause both popular and fashionable, spelling political death to those who oppose it. In emerging markets, attitudes are generally very different, and there's money to be made knowing why.
Iran-Venezuela Partnership Presents New Challenges in the Global Oil Sector
Just weeks after two U.S. oil giants were forced out of Venezuela, Venezuelan President Hugo Chavez and Mahmoud Ahmadinejad, President of Iran, are forging multi-billion oil deals that will further cement relations between the two anti-American nations.&
Is China's Economy A Runaway Train?
Share prices on the Shanghai Stock Exchange closed at record highs last week. The Hang Seng Index closed up 275.7 points, or 1.2% after reaching an all time high of 23,301.93. As a result Morgan Stanley has upgraded its forecast for China's economic growth this year from 10.5% to 11.3%.
Online Spending Boom Creates Profit Opportunity in European Markets
Online marketing outlays in Europe will more than double by 2012, a new study says, an explosion in spending that should create investment opportunities in both the high-tech and marketing sectors.
When Too Much Good News is Possibly a Bad Thing
Yesterday's "global" rally wasn't all that it seems.
China's Record Trade Surplus Again Inflames U.S. Criticism
By Jason Simpkins By announcing a record-setting global trade surplus of $26.9 billion for June, China has re-ignited allegations that it’s engaging in unfair trade practices. The positive trade balance for June represented an 85% increase over the same month a year ago, China’s General Administration of Customs announced in a statement that was posted […]
A Special Investment Report: With Crude Oil Prices Still At the Base of a Five-Year Climb, Turn Pain Into Profit
The soaring prices of crude oil and gasoline are just part of a broad-based worldwide boom in commodities that is being driven by the full-fledged economic emergence of China, India and some other key global markets.
UK Central Bank Raises Rates; ECB Stands Pat
The Bank of England boosted its benchmark interest rate by a quarter point to 5.75% on Thursday – the fifth increase in under a year