Tag Archives: EWY
Why Pandit, Mobius, and Lowell are right on emerging markets
Citigroup CEO Vikram Pandit grabbed a few headlines last week after making comments reflecting an optimistic viewpoint of emerging markets.
Asian markets mixed despite solid American earnings
While high beta stocks significantly outperformed in the United States, the same cannot be said for Asian markets, many of whom struggled on the back of Japan. Nippon underperformed as the result of poor trading in financials and power companies.
South Korea: more than Hyundais, high tech giants and handbags
If you think Sex And The City proves Manhattan is the epicenter for narcissism and conspicuous consumption, think again. According to the Financial TImes, the world’s first handbag museum opens today in an upscale shopping district of Seoul, South Korea.
Asian markets mixed after Bernanke’s remarks
Asian markets finished mixed after Ben Bernanke’s much-anticipated press conference on the health of the U.S. economy did not have a discernible effect on Asian markets. As well, more fears over the prospects of the Chinese economy adversely affected some Asian markets.
Russia and Mexico standing out from the emerging markets pack
Negative sentiment on China continues to drag other emerging markets down, and will likely keep on doing so until more concrete stimulus measures are announced. It’s not all doom and gloom though, as Russia, India, and Mexico can attest.
South Korean economy: Surprise interest rate cut
In a surprise move, the Bank Of Korea has cut interest rates to stimulate as a global economic slowdown threatens the South Korean economy.
Asian markets end mixed despite slowing Chinese growth
Asian markets managed to finish the day mixed in spite of poor GDP numbers from the Chinese economy and a sub-par performance from American exchanges on Thursday.
Thursday’s best web
Thursday’s best web covers General Motors’ plan to reduce IT outsourcing, investors’ preference for ASEAN countries, Bulgaria’s timing in joining the euro, a strong case to stay optimistic about China’s growth prospects, and negotiations for free trade between South Korea and Indonesia.
