Asia
South Korea has FREE BEER — free trade beer, that is.
South Korean retailers are reporting huge jumps in imported beer sales thanks to last year’s free trade agreement between Korea and Europe. That’s great for Korean beer lovers, but what will U.S. agriculture companies bring to the party?
Investing in emerging markets is investing with Warren Buffett
The fundamental basis of investing is the time value of money, and the investment that returns the most money in the shortest period of time will always be the favorite. That is why investing in emerging markets should form the foundation for all portfolios.
Euro zone ministers meet in Brussels, Greek bailout deal in sight
A bailout deal for Greece appears set as euro zone ministers meet in Brussels today to finalize a $170 billion package, according to French Finance Minister Francois Baroin. The news from Europe, as well as moves by China to stimulate its economy, boosted markets across Europe and Asia.
China loosens money supply again, watch miners here
The People’s Bank of China “subtly” moved overnight to relax its bank reserve requirements, effectively giving the country’s lenders a green light to unleash a fresh $63 billion on the liquidity-starved Chinese economy. Look to see that money go to work — and get ahead of the trend.
Global car makers draw strength from U.S. data flow
After another week of official indecision, European markets are taking comfort from lingering signs of strength in the U.S. economy while Asian stocks surge on the prospect of rising U.S. demand for their products. Car makers in particular are in focus.