Earlier this month, China’s Economic Information Daily published remarks by a senior Chinese official indicating that Dubai’s debt crisis could be a good opportunity for China to purchase gold and oil assets.
Ji Xiaonan (Chairman of the Supervisory Committee overseeing large state-owned enterprises) was quoted as saying that the Dubai debt [...]
December 17, 2009 | Posted in
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As ETFs have grown from a closet industry to a mainstream investing option, funds offering exposure to nearly every corner of the globe have popped up.
But the exposure offered by international ETFs has historically been very broad in nature. Whereas U.S. investors have long had access to funds targeting various sectors [...]
December 13, 2009 | Posted in
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Gold fell for the first time during last week, off 4% on Friday to $1,162.40 an ounce, the biggest drop since Dec. 1, 2008 after the new U.S. jobs data showed unexpected strength.
The Dollar rallied against rival currencies while traders reversed the “Sell Dollar/Buy Gold” strategy. (Fig. 1, click to [...]
December 7, 2009 | Posted in
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2010 is fast approaching. I have had conversations with colleagues..and the issue that was brought up so many times was 2007-2009 just a fluke or the beginning of something more serious.
As usual… I told them to their discern I do not know the future. However in all reality… if we ran our [...]
December 3, 2009 | Posted in
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Most markets moved higher in the last week but still lost some upward momentum. The big news, of course, was the request by state-owned Dubai World to renegotiate some of its debt payments.
Coming as it did during a thin holiday market – which may not have been a coincidence – the story sparked a [...]
December 2, 2009 | Posted in
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With the Copenhagen Climate summit looming before us, we thought that this short video on the impact of developed nations decision making has on emerging markets economies is worth 5 minutes of your time.
Cleantech Financier calls current carbon treaty system “aparthied” from Ann Danylkiw on Vimeo.
November 26, 2009 | Posted in
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President Barack Obama embarked this week on a critical trip to China, seeking to gain support for tougher economic sanctions against Iran during meetings with Chinese President Hu Jintao.
But as the U.S. president was setting out to present his case, the controversy over the relative value of China’s currency, a delicate issue for U.S. officials, [...]
November 23, 2009 | Posted in
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Siemens expects to win new orders of around €15 billion in the next three fiscal years 2010 until 2012, which will be generated by government stimulus programs already announced around the world.
Green technologies are expected to account for 40% or approximately €6 billion of this total, which will significantly increase the share of the [...]
November 19, 2009 | Posted in
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In its latest semi-annual review, MSCI Global Standard Indices announced that it will add eleven Brazilian companies to the MSCI Emerging Markets Index at the end of November, along with seven Chinese companies.
This benchmark underlies iShares MSCI Emerging Markets Index Fund (EEM), the largest emerging markets ETF with a market capitalization of more than [...]
November 13, 2009 | Posted in
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The International Energy Agency (IEA) says the world is facing an oversupply of natural gas and predicts gas prices will fall in coming years.
Paris-based IEA says in its annual World Energy Outlook, published today, that global gas supplies are rising faster than demand.
The report states that “global gas markets have evolved from [...]
November 13, 2009 | Posted in
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