China Says No to Coke Amid US-China Economic Tensions
In the first test of an anti-monopoly law, Chinese regulators announced that they would not allow US based Coca-Cola to buy China Huiyuan Juice Group Ltd., which controls 40% of the Chinese juice market. The takeover attempt valued China Huiyuan Juice Group Ltd at a whopping $2.3 billion.
A New Law
Chinese regulators cited a seven month [...]
HK Superman Says China Will Take The Lead in 2009
Little known to the western world, but an oracle in his own right, Billionaire Li Ka-shing made a prediction that the Chinese economy will lead the world when the economic slump ends. Known as “Superman” in China, the man built his wealth in much the same way as Warren Buffett. He opened a small plastics [...]
5 Important Questions to Ask Your Financial Adviser
Michael Kennedy, Chartered Financial Planner at Principle First discusses a few questions you should consider asking a financial adviser and/or financial planner.
1. Are You Independent?
This is a very important question as it has a baring on the type of advice you receive. Only independent financial advisers advise on products from the whole of the market, [...]
High Dividend Yield Stock Tips for Income Investors
Looking back at S&P 500 returns from 1926 – 2004, it’s estimated that dividends comprised 35% of total market price appreciation. Pretty substantial right? Wait, the case supporting dividends gets even stronger when you add in the impact of dividend reinvestment and compounding, which shows that dividends outstripped price appreciation by over 25 times.
Flash [...]
Why Chinese Banks Won’t Default
The Chinese government ordered the nation’s five largest banks to raise their coverage on bad loans to 150% of the current amount in default. Previously, the banking industry looked to cover 130% of bad loans; however, weakening exports have sent the government preparing for more loan defaults.
Hunkering down in recession
Though there is no indication that [...]
America, Take Note of China’s Stimulus
The Chinese stimulus package is already enjoying progress after new reports show that auto sales and investment growth in China are strong, even as exports weaken. New tax cuts and an increase in infrastructure spending are proving to be a boom for China’s economic growth.
How the numbers look
The Chinese government reported that urban fixed-asset investment, [...]
Are You Making These 5 Investment Mistakes?
Successful investing takes discipline, commitment, and the courage to ignore what the crowd thinks. However, it’s easy to succumb to these 5 investment mistakes when you lose focus.
1. Not Doing your own Research – Folks it shocks me that day traders and individual investors alike pick up the paper, look at a trend line, log [...]
New Changes on the DJIA?
Are changes coming soon to the Dow Jones Industrial Average Components?
By my reckoning, there currently are 5 DJIA Components of the 30 total trading under $10/share:
Alcoa (AA)
Bank of America (BAC)
Citigroup (C)
General Electric (GE)
and General Motors (GM).
Are changes to the Index imminent, and what are likely replacements?
In my view, it would be highly unlikely that GE [...]
6 Questions You Should Be Asking About The Global Financial Crisis
Elliott Wave International, the world’s largest market forecasting firm, receives thousands of questions every year on their free Message Board. Here the company shares 6 of the recent critical questions on the financial crisis and 6 answers provided by their professional analysts. For more free questions and answers or to submit your own question, visit [...]
China Starts Bottom Picking — Should You?
In order to secure its standing in the commodities market when the economy does eventually recover, the Chinese sovereign wealth fund will be deploying up to $200 billion in new purchases.
A Great Move
China isn’t buying the minerals or commodities themselves, but instead companies that help find or refine the minerals for use. Remembering back to [...]
