Picks
Chinese stock price declines have pushed dividend yields upward (HNP, CISG & XIN)
In a recent interview conducted by Charles Rotblut for AAII Journal, Jesper Madsen, Manager of the Matthews Asia Dividend Fund (MAPIX, quote) and the Matthews China Dividend Fund (MCDFX, quote), expatiated on Chinese stocks perpetrating fraud, stating that none paid dividends; as do Cninsure Inc (CISG, quote), Huaneng Power International (HNP, quote) and Xinyuan Real Estate Co. (XIN, quote).
China forecasts fall on trouble in the West
Wall Street banks are trimming their outlook for growth in China as trouble in the West leads to expectations of slower trade.
Petrobras PBR breaking out of its recent range
The Brazilian oil giant is breaking out leaving shorts scrambling as OPEC fears multiply in the oil markets.
Sterlite demands a bigger piece of the copper pie
India’s two biggest metal producers are gearing up to tack on an extra $35.50 for every ton of copper ore they refine for mining companies.
