Pakistan's stock exchange just dropped 25% on rumors of political instability. This has all the hallmarks of a spectacular TFN Crisis Trading opportunity. We've picked the one stock we think will rebound the most.
Find out about the full extent of the crisis in Pakistan...
Dell Inc. (DELL) reported a solid first quarter with earnings of $.38 per share on $16.08 billion in revenue (see conference call transcript). The results beat Wall Street estimates of $.34 EPS and $15.68 billion in sales.This is positive news for a company that has struggled greatly in the last few years, and could be read as a positive sign that the company’s turnaround strategy is paying off
Baltimore — (TFN): Back by popular demand! Horaciao Marquez reveals what markets offer safe havens from the collapsing American economy.
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“Although they’ve had an incredible run, we have to remember there’s a reason we still call them emerging markets. With that status comes a significant amount of risk. I don’t care what’s happened over the past five years; I care what’s going to happen over the next two.” — [...]
India is the most sought-after market by retailers with 40 per cent of them expecting emerging markets to be their source of growth in the next five years, a recent study by CB Richard Ellis says.
As per the Global Emerging Markets Survey (GEMS) 27 per cent of international retailers surveyed have opened their first store [...]
(NewDesignWorld Press Release Center) -- New Delhi, 26 March 2008: Evalueserve Circle of Experts has been selected as 2008 Top Pick for Boutique Asia/ Emerging Markets Expert Network Specialist by Integrity Research, one of the most influential firm2 Vote(s)
By: Daniel John Developing Warehouse Receipts in Emerging Market Countries The importance of warehouse receipts financing systems and collateral management arrangements cannot be underestimated as key components for the development of commodity markets, producer finance (pre-export finance), commodity risk management and structured trade finance in emerging markets commodity-dependent countries.Recognising the importance of warehouse finance, many emerging markets countries have taken steps to introduce legislation covering public warehousing and the issue of negotiable and non-negotiable warehouse receipts. This legislation typically provides for the following:1. The provision of “public” warehouse operators. These warehouse operators are independent providers of storage and they are in the business only of storing commodities or other goods. They do not store their own goods, to avoid conflicts of interest2. The rules by which the public warehouse operators receive goods for stor
From Sydney Morning HeraldA bubble will develop in emerging market equities in the next two to four years, says a specialist funds manager still bullish on the sector.Valuations in the so-called BRIC economies - Brazil, Russia, India and China - are higher than last year but still offer significant growth potential, according to Globalis Investments chief executive David Dali.Globalis is a joint venture between Macquarie Bank Ltd and US-based OneWorld Investments that offers actively-managed hedged and unhedged BRIC equities funds.As well as the BRIC countries, emerging markets include nations in western Europe, South America, the Middle East and Africa and tiger economies of Asia."We believe there is probably going to be a fairly significant overshoot of valuations (in emerging markets) before we have a major sell off," Mr Dali said."All the stars are lining up for a huge bubble - but we're not even close to it yet, which is one of the reasons we like this story."Emerging market equi
Businesspeople Urge Investment In Haiti:
By Macushla N. Pinder -
Nassau, Bahamas:
Bahamians of Haitian descent have added their voices to those urging locals to take advantage of Haiti’s emerging market and invest in the impoverished Caribbean nation as a means of stemming the flow of illegal migration to countries like The Bahamas.
One of two business proprietors of Haitian descent who accompanied the Chamber of Commerce on its recent four-day trade mission to Haiti, Odley Aretis, principal of Top Builders International, said Haiti’s construction industry is one segment that Bahamians can tap into.
"This has been a real life-changing experience for me….When I saw what was happening in the construction industry in Haiti, it was really appalling. To the local contractors, we can really take advantage of the construction opportunities in Haiti," Mr. Aretis said.
"Why do I say that? Port-au-Prince was designed for 150,000 people but there are presently over three million people
Nokia Corp, the world’s largest handset maker, has launched seven mobile phones priced between Rs 2,000 - Rs 5,000 (excluding taxes) for emerging markets. The global launch was done from India! This intensified the competition in the entry-level mobile segment in India. The launch includes two models which are intended for shared use by families or entire villages. Incidentally, Nokia’s launch comes just a day after Indian CDMA major Reliance Communications announced the launch of its cheapest ever handset at Rs 777 (See our story - Handsets at Rs 777 ). In contrast, the Nokia 2505, the only CDMA handset which featured in Thursday’s launch is priced at about Rs 4,750. Reliance’s counterpart in the CDMA space, Tata Tele offers handsets priced at Rs 1,200 and upwards.The entry level segment in India is set to see further competition with the entry of UK-based telecom operator Vodafone who is all out to tackle the rural market with ultra-low cost handsets and bundled services. Vod
Indonesia's rupiah and the Philippine peso led declines in Asian currencies as fund managers pared riskier investments following a slump in equities. Indonesia's rupiah dropped to a three-month low and the Philippine peso fell the most in seven weeks. The Australian and New Zealand dollars slid the most in nine months against the yen as investors exited so-called carry trades, where they borrow in nations with low interest rates to invest in higher yields. Asian currencies ``are under pressure to weaken because of the withdrawal of funds from emerging markets,'' said Hideki Hayashi, a foreign-exchange strategist in Tokyo at Shinko Securities Co.
For years, investors shunned emerging markets stock funds, which have historically been regarded as some of the riskiest investments around. Over the past decade, emerging markets stock funds have attracted just $4 billion a year on average, while domestic stock funds have pulled in more than $108 billion annually
But all that has changed in the past two years. Emerging markets stock funds have
