From the monthly archives:
You don’t have to invest in a Chinese stock to participate in the booming Chinese economy. American companies are
tripping over themselves to get a foothold in China and
some offer significant exposure to China.
Praxair, the largest industrial gas supplier in the U.S., signed a deal to supply oxygen, nitrogen, and argon to
Zhenshi Group Eastern Special Steel [...]
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Asia Cement is preparing to
float its IPO on the Hong Kong Stock Exchange. If you’re interested in participating in the Chinese building boom,
Asia Cement is
certainly something you should be interested in.
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For being the second largest economy in the world, our Asia Stock Alert portfolio has been very light with Japanese holdings (Nintendo and
Komatsu).
The reason is simple: Japan has been mired in a deflationary spiral.
The latest government stats about Japanese household spending confirm the same. The average Japanese household spent
1.6% less in March of 2008 than [...]
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Soaring oil prices are affecting demand in the U.S. but it hasn’t affected Chinese consumption one bit.
Chinese consumption of oil and gasoline hit record highs in the first quarter of this year.
According to the China Petroleum and Chemical Industry Association, Chinese consumption of oil products
(gasoline, diesel and kerosene) increased by 16.5% and crude oil, rose [...]
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I have been saying that the China growth story still
has a long, long ways to go and that we are only in the 3rd or 4th inning of a very profitable ball game.
I expect the Chinese stock market to mirror the growth of its Hong Kong market cousin.
In 1973, the Hang Seng Index was sitting [...]
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The news flow for the Beijing Olympics is going to really pick up because we are now just 100 days from the start of
the Beijing Olympics.
Will that news flow translate into higher stock market prices? Yes!
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I knew something funny was going on when Costco placed limits on how much rice their customers could buy. People are
starting to hoard rice and pushing the price higher.
Some countries — like Vietnam, Senegal, and the Philippines — have taken extreme measures to curb speculation.
Vietnam, the second largest exporter of rice in the world, has [...]
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Is $4 milk and $3.60 gasoline affecting the way you spend money? For a lot of Americans, the answer is yes. Here is
an excerpt from the International Herald Tribune.
In March, Americans spent less on women’s clothing (down 4.9 percent), furniture (3.1 percent), luxury goods
(1.3 percent) and airline tickets (1.1 percent) compared with a year ago, [...]
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Despite $203 million of subprime losses, the Bank of China reported an 85% increase in its profits.
While there are several Chinese banks listed on the NYSE and they have delivered very strong earnings…I don’t trust
‘em!
There just isn’t enough transparency and too much balance sheet hanky panky to make me comfortable. I can’t tell you
which Chinese [...]
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While New Oriental Education doesn’t operate in South Korea, this article from the International Herald
Tribune tells you how desperately Asians want to attend college in the U.S.
It is 10:30 p.m. and students at the elite Daewon prep school here are cramming in a study hall that ends a
15-hour school day.
Preparing to get to the best [...]
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