Hong Kong Metal Shares Surge

From Staff Reports Aluminum Corp. of China Ltd. (NYSE: ACH) and Jiangxi Copper Co. Ltd. (SHA: 600362) soared to records yesterday (Monday), bolstered...

The Three Secret Indicators That Will Pave the Way to Global Profits

By Keith Fitz-Gerald Contributing Editor The National Association of Business Economists, or NABE, says its newest study shows that credit risk has...

Financial Institutions in Asia Feel Subprime Shock

By Jason Simpkins Staff Writer The state-run Bank of China and its Hong Kong subsidiary last week stunned investors by revealing a combined $11.25...

Google Planning $8 Billion Worldwide ‘Gphone' Launch

From Staff Reports Search-engine giant Google Inc. (Nasdaq: GOOG) is believed to be only weeks away from the worldwide launch of its “Google...

Are Your Investments Third Class?

By Martin Hutchinson Director of Global Investing Research Brazil President Luis Inacio “Lula” da Silva announced this week that...

Countrywide CEO Still Gloomy After $2 Billion Capital Infusion

By Mike Caggeso Staff Writer Countrywide Financial Corp. CEO Angelo Mozilo said yesterday (Thursday) that the housing market isn’t improving and...

Commercial Paper Continues Plunge, Pressures Mount on Fed to Cut Rates

From Staff  Reports The level of outstanding commercial paper underwent its biggest weekly drop in at least seven years in the period that ended...

Fund Manager Favors BHP, Which is Striking it Big in India

From Staff Reports Anglo-Australian mining giant BHP Billiton Ltd. (NYSE:BHP), which on Wednesday reported a $13.42 billion fiscal 2007 profit, said...

Dubai's Investment Arm Grabs Stake in MGM

By Mike Caggeso Staff Writer Dubai's extended its state-funded global reach a bit further yesterday (Wednesday) when its Dubai World investment arm...

China's Crude Oil Imports Surge to Record High

By Jason Simpkins China’s crude oil imports climbed 39% to a record high last month, and Saudi Arabia was the nation’s largest...

China's Mobile Phone Competition Will Escalate as Business Grows

By Mike Caggeso China Mobile Ltd. (NYSE: CHL), the world’s largest cell phone provider, continues to pummel its competition. Last week, the...

China Moves to Enable Individuals to Buy Hong Kong Shares

From Staff Reports  Beijing's decision to allow individual mainland investors to trade directly in Hong Kong-listed shares could funnel tens of...

Wm Wrigley Capitalizing on Innovation, Global Reach

From Staff Reports Brokerage Bear Stearns Cos. (NYSE: BSC) yesterday (Tuesday) upgraded gum-and-candy maker Wm Wrigley Jr. Co. (NYSE: WWY) to...

U.S. Foreclosures Soar 93 Percent

From Staff Reports The number of U.S. foreclosure filings reported for July were up 93% over the same month last year, the latest sign that...

China's Blazing Economy Demands Fourth Rate Hike in Five Months

By Jason SimpkinsStaff Writer Desperate to try and cool off an economy that’s grown at 10% or better for four straight years, China’s central...

The Fed Has Learned Balance, as it Aids Market Recovery

All things considered, U.S. central bank chief Ben S. Bernanke and the Federal Reserve have so far demonstrated a tremendous amount of restraint amid...

Europe, Japan and U.S. Central Banks Inject More Cash Into Markets

From Staff Reports Central banks in Europe, Asia and the U.S. injected more cash into the global financial markets yesterday (Tuesday), in a...

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...

Countrywide and SunTrust to Start Layoffs

Three more major U.S. mortgage lenders announced major job reductions...

Dow Rallies After Early Concerns Subside

By Jason Simpkins Staff Writer U.S. stocks posted moderate gains yesterday (Monday) – rebounding from early setbacks – as still-fretting...

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