On Friday the U.S. Federal Reserve cut a half a point off its loan rate to banks, going from 6.25% to 5.75% and the markets responded in a huge way, with the Dow spiking up to more than 300 points after the opening bell. It closed the day over 200. The rate cut was something […]
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The U.S. credit crisis has sent the world’s markets into a drastic downturn. U.S. credit, lending, banks, and mortgage houses have been particularly slammed. Countrywide Financial, a California-based mortgage investment company and the largest in the country, has gone from $29 per share to $19 per share in a week, and has tapped […]
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China’s incredible growth will take another step forward when its largest oil company, PetroChina (PTR) starts selling shares to mainland Chinese investors for the first time. The company will offer 4 billion shares at prices that should allow investors of all sizes to get in. PetroChina shares have been available in New York […]
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Keeping with the topic of China and India, and having looked at some general reasons why the future looks good for these two rising superpowers, now let’s look at how to take advantage of their growth. Buying individual stocks is one way–companies like China Mobil Limited (CHL), the largest cellular provider in China, PetroChina […]
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The talk of emerging markets has been on everyone’s lips for the last few years, and the talk should keep becoming louder and louder in the future–especially where China and India are concerned. These two countries undoubtedly represent the future for emerging markets, and their respective stock markets have, over the past couple years, shown […]
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