International Investing
Asian currencies drop on expectations of lower growth
Published on August 9, 2008
Asian currencies saw their biggest declines against the dollar in more than two years on speculation that slowing global economic growth will curb demand for Asian-made consumer electronics.
European economies stagnate
Published on August 9, 2008
European business is suffering, but companies won’t get much relief from the European Central Bank — despite the euro zone’s decline in economic activity.
Economic slowdown in Europe: German GDP may have shrunk by -1%
Published on August 9, 2008
Weak German economic growth numbers worry Economists — and spell trouble for the euro.
No gold in Shanghai: Market falls 4.5%
Published on August 8, 2008
The Shanghai Stock Exchange has now erased all gains since 2006. Chances are that the 2007 records will not be matched for five or ten years.
Lenovo Group (LNVGY:OTC) Returns 65% Higher Profits
Published on August 8, 2008
“Lenovo, China’s biggest personal computer-maker, reported a 65% jump in first-quarter profit yesterday (Thursday), thanks primarily to strong performances in its European/Middle East/Africa (EMEA) marketing region.” — Jason Simpkins, Money Morning
by Stephanie Grimmett
Baltimore — (TFN): I love being right.
Jason Simpkins of Money Morning just alerted readers to the stellar first quarter [...]
Recession Watch: Is the Euro Headed for a Crash?
Published on August 7, 2008
“But while there seems to have been more or less a straight fight between the States and us (the UK) as to who actually plunges into a recession first, within the last few weeks another strong contender for this dubious prize has emerged. The eurozone now looks like it [...]
Buy AFC Energy (AFC:AIM), Great Britain’s Fuel Cell Darling
Published on August 6, 2008
” I was there to visit AFC Energy, an AIM-listed company that believes it can radically reduce the cost and improve the reliability of fuel cells.” — Tom Bulford
Blogger’s note: Perhaps I’m biased because of my American perspective, but when I think “countries with innovative green energy technology,” the UK doesn’t [...]
Dollar trend reversal: Is it time to short the euro and go long the dollar?
Published on August 5, 2008
After the rout in oil, gold and commodities, the U.S. dollar may be in for a trend reversal. Is it may time to short the euro yet?
Think the British Banks Hit Bottom? You’re Wrong
Published on August 5, 2008
“It’s not true that no one saw the credit crunch coming. Sure, we may not have known exactly how the blow-up would manifest itself. But it was obvious to many people in the City and on Wall Street that something had to give.” — John Stepek
by John Stepek
Baltimore — [...]
What to Buy in the BRICs
Published on August 4, 2008
"China and India are two of the fastest-growing investable economies on the planet, and have been transformed into global leaders in both the manufacturing and service sectors. At the same time, Brazil and Russia each has become a cornucopia of commodities, and are emerging as global leaders in the white-hot global energy sector." — Martin [...]
Low dollar and U.S. downturn threaten European economy
Published on August 1, 2008
The bad news just keeps coming for Europe’s economy. With oil prices still rising and job cuts growing, the German economy also looks like it may soon be in trouble. The country’s dependence on exports has made its economy particularly vulnerable.
Buy CDEL (DL) to Profit from Online Education
Published on August 1, 2008
“CDEL (DL:NYSE) just listed in the U.S. on Wednesday, and it’s beginning to look overseas for new customers. The company started offering online Chinese classes to English-language speakers. It’s a tiny program at this point, but it has the potential to grow.” — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): I should learn Chinese. Not a [...]
France’s Best Stocks: Investing in Sarkozy
Published on July 31, 2008
“Like all good Frenchmen, Sarkozy may have preferred first to concentrate on his private life when elected President de la Republique. But with his private life now settled he’s been able to spare some time for France’s economic problems. And the results for France’s future economic performance and French investments [...]
Mechel (MTL:NYSE) trouble spells buying opportunity for Gazprom OAO (OGZPY)
Published on July 28, 2008
Mechel (MTL) plummets as Putin prepares for plunder. Short MTL if you can and by Gazprom on the cheap!
Crisis Trading: Turkcell (TKC:NYSE) could sell off in the aftermath of the Istanbul bombing
Published on July 27, 2008
Use any potential terror-caused dip in Turkcell (TKC:NYSE) to buy near $14 , with a short-term target of $17 and above.
Why the Euro Won’t Replace the Dollar
Published on July 25, 2008
“A more immediate concern is the growing divergence of European economies. Two big European economies, Italy and Spain, are perceived as more risky than the two core members of the Eurozone, Germany and France.” — Lord William Rees-Mogg
by Lord William Rees-Mogg
Baltimore and London — (TFN): In the last year, the euro [...]
Venture Capital Takeover: Braveheart (BRH) Vs. ANGLE (AGL)
Published on July 24, 2008
“Today finance is hard to come by, and the new issue market has slowed to a crawl. One company that has made a move to do something about this is the Braveheart Investment Group (BRH:London), which, as the name suggests, is a Scottish outfit.” — Tom Bulford
by Tom Bulford
Baltimore [...]
Enough already… let’s put those Nine Dragons out of their misery!
Published on July 23, 2008
It’s time to sell our Nine Dragons (Holdings) Ltd. (NDGPF) position!
LitComp (LIN) Is Undervalued, But Should You Buy?
Published on July 22, 2008
“With a share price of 45p and a market value of just £2.7m, LitComp is a real minnow, but what looks like a clear case of under-valuation is supported not only by broker Daniel Stewart’s forecast of earnings per share of 10.6p for the year to March 2009, but also by the fact [...]
Bet on Anwar, Not Malaysia
Published on July 21, 2008
“The standing government in Malaysia is obviously afraid of Anwar Ibrahim. He proved during the Asian financial crisis of 1998 that he believes in the free market. He advised against the bailout of banks when they got into trouble. He told the government to encourage foreign investment and open the economy to further competition [...]
