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Tag: australia

 

Obama Presidency: Investors flee overseas

Published on November 5, 2008

Savvy investors are spreading their wealth overseas. While the headlines paint a dire picture across the globe, there are some real pockets of incredible profit potential. Make wise international investments and you could be counting your profits before the new administration is even in office.
By Andrew Snyder
Baltimore – (TFN): It is no surprise to see [...]

Posted by Andrew Snyder · Filed Under International Investing | Leave a Comment 

Vale (RIO) cuts off iron ore… and China goes shopping

Published on September 25, 2008

Vale (RIO) has cancelled its iron ore shipments to China until the country’s steelmakers cough up more dough. But China has other ideas. And Vale may find its products aren’t as vital as it originally thought.
by Stephanie Grimmett
Baltimore — (TFN):  It’s the “teach a man to fish” theory of steelmaking:  Buy iron ore [...]

Posted by Stephanie Grimmett · Filed Under Gold and Resources | 6 Comments 

Vale (RIO) pushes China for higher prices

Published on September 4, 2008

“When yearly contracts were made in February at an 86% increase on last year’s prices, China’s steel producers gulped so hard they nearly swallowed their own teeth. But that wasn’t the end of it. Both Rio Tinto and BHP renegotiated their contracts for even higher prices this summer. And now its big brother’s turn.” — [...]

Posted by Stephanie Grimmett · Filed Under Gold and Resources | Leave a Comment