International Investing

 

South African rand falls to two-month low against U.S. dollar

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The South African rand fell to a two-month low against the dollar, by as much 1 percent to 7.9860 per dollar— the weakest level since April 16. Baltimore — (TFN): South Africa’s rand fell to a two-month low against the dollar as stocks around the world declined on concern surging oil prices will force central banks [...]

How long until the Shanghai stock exchange crisis affects the Chinese economy?

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The Shanghai stock exchange has entered a protracted bear market, losing more than half of its valuation. How long until the financial crisis spills into the overall economy? by George Wehrfritz Baltimore — (TFN): Since peaking last October, shares on the Shanghai Stock Exchange have lost half their value—an ignominious tumble capped when prices plummeted 7.7 percent [...]

Buy This Hong Kong Hot Pot IPO

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“Little Sheep Hot Pot will begin trading on the Hong Kong Stock Exchange this Thursday to the glee of investors. The company has built an empire of 330 restaurants in China, the U.S. and Japan in less than 10 years, and it’s still predicting record profits for 2008.”– Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN): Supreme [...]

TFN Crisis Trade MCB Bank (MCBBI) ADR rebounds nicely from recent lows

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Baltimore — (TFN): On June 3, we gave you an advance peek on our latest TFN Crisis Trade of MCB Bank (MCBBI) ADRs to leverage political crisis in Pakistan. We had scheduled to cover it this week… but I had a feeling we might need to lock in bottom price levels at between $8.10 and [...]

TFN Hot Stock Pick Brasil Telecom SA (NYSE:BTM) up 12%

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Baltimore — (TFN): Almost unaffected by Friday’s market drop, TFN Hot Stock Pick of May 5,  Brasil Telecom SA (NYSE:BTM) posted an intraday high of $36.82 today. This would reflect a 12.5% gain over our initial recommendation. For book-keeping purposes, we closed our entry level at $35 (as recommended). Still, given the potential of the company’s [...]

Emerging Market Turnaround in Pakistan?

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Pakistan’s stock exchange just dropped 25% on rumors of political instability. This has all the hallmarks of a spectacular TFN Crisis Trading opportunity. We’ve picked the one stock we think will rebound the most. Find out about the full extent of the crisis in Pakistan… Read more

Will George Soros Break the Bank of England Again?

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“He’s back and guess what he’s betting against once again? The British pound.” — Sean Hyman by Sean Hyman Baltimore – (TFN): Remember George Soros, you know… the billionaire who got his “celebrity status” by betting against the British pound? Well he’s back and guess what he’s betting against once again? The British [...]

Tercica, Inc. (TRCA:NASDAQ) stock doubles on acquisition news

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Baltimore — (TFN): Brisbane-based growth hormone company Tercica, Inc. (TRCA:NASDAQ) will be acquired by French drugmaker Ipsen SA in a stock deal valued at more than $400 million. Ipsen had an option to buy up to 40% of Tercica through to a 2006 deal. It will buy the remaining 44.9 million outstanding shares [...]

Africa: A Good Bet for Foreign Investment?

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“I cannot forecast to you the action of Russia. It is a riddle, wrapped in a mystery, inside an enigma; but perhaps there is a key. That key is Russian national interest.” — Winston Churchill in 1939 Blogger’s note: Tom Bulford, editor of Penny Sleuth UK, may begin his article with a quote about [...]

Canadian dollar drops on negative GDP growth

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Baltimore — (TFN): The Canadian dollar continued to trade below parity as expectations that the Bank of Canada will make a move to cut interest rates intensified. While Q1 GDP growth for the United States economy — widely believed to be in recession — was upgraded to 0.9% today, Statistics Canada reported Monday that real gross [...]

Use MCB Bank (MCBBI) ADRs to leverage political crisis in Pakistan

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To leverage political crisis in Pakistan, use MCB Bank ADRs, Pakistan’s most profitable bank. It has a return on average equity of 38 percent and loan profitability of 8 percent. The bank has a market share of 8 percent in terms of assets. It has 1,026 branches across the country and more than 4 million [...]

International Investing: Buy Dillistone (DSG) if you can

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“It has a superb record… it is highly profitable… it pays a handsome dividend… it has cash in the bank…. and it is a global leader with every chance of growing its business both this year and for several years to come.” — Tom Bulford Blogger’s note: Tom Bulford recently told his [...]

Global Investing: The “Must Own” ETF

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by Ian Cooper, Pure Energy Trader Baltimore — (TFN): The following was taken from the 60-Second Buzz on TFN. Watch this video. Eight years into former Taiwanese rule, the benchmark index barely moved, even as Hong Kong’s market rallied 75%, and as Shanghai’s nearly doubled. But things are about to change in a big [...]

Time to buy iShares MSCI Taiwan ETF (EWT:NYSE)?

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Baltimore — (TFN): Is this the time to buy iShares MSCI (EWT-NYSE)? Once Ma Ying-jeou takes office in Taiwan, the sky’s the limit for the Taiwanese economy. Chinese president Hu Jintao and the Taiwan vice president-elect are already in agreement to start talks as soon as possible, making the this ETF an immediate buy. Hear all [...]

Currency Exchange: The South African rand defies logic

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“Can a currency really plummet in value, even while its central bank is raising interest rates? Yes, it can. In fact, it’s happening in South Africa right now.” — Sean Hyman by Sean Hyman Baltimore – (TFN): In the world of currency exchange, a currency tends to drop in value when its [...]

Emerging Markets: Profiting from Indonesia

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“If you were Indonesia, which countries would you rather have as your buddies? A bunch of sleazy, corrupt, idle ‘lottery winners’ such as Nigeria, Venezuela and Angola? Or would you prefer a set of hard-working and diligent neighbors such as Singapore, Malaysia and Thailand?” — Martin Hutchinson by Martin Hutchinson Baltimore – [...]

European Central Bank turns 10, but next decade looks grim

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“Before the string section pipes up, we recommend that the party organisers have a think about sticking a cork in the trombones. The second ten years are going to be a lot less triumphant than the first ten.” — Jody Clarke by Jody Clarke Baltimore – (TFN): It’s the European [...]

The China Earthquake and its economic aftershocks

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by J. Christoph Amberger The earthquake in China not only destroyed homes and lives. It also disrupted infrastructure, industry and agriculture in the Chinese economic heartland. Combined with the rising yuan, the idling of industrial capacities, and China’s looming debt crisis, investors should review their Chinese stock holdings now. Read more

International News: Japan and China join financial forces

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“Like so many things in Asia, mainstream journalists completely missed the subtleties and, not surprisingly, that’s where the real story usually is. But you’ve got to know how to read between the lines to get at the ‘real’ meaning of what was said.” — Keith Fitz-Gerald by Keith Fitz-Gerald Baltimore [...]

Crude Oil: Honeymoon surprise

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“So far, no major oil companies have entered Belize.  For investors, that is a good thing.  It gives us an opportunity to explore the smaller, fast-growing companies that will be moving to the area. ” - Andrew Snyder  By Andrew Snyder Baltimore (TFN) — It is a real-life version of the Beverly Hillbillies.  Or maybe it should be [...]