From the monthly archives:
I admire a lot of things about Warren Buffett, but I especially admire all the philanthropic work he does. One of the
highest profile charitable things he regularly does is auction off a lunch with him.
In the past, I’ve seen people spend hundreds of thousands of dollars to lunch with Buffett
Last week, a Chinese hedge fund [...]
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Central bankers all across Asia are raising interest rates, including the Reserve Bank of India increased its
key rate to 8.5% last week.
The reason is simple — inflation is taking off. The most recent inflation numbers showed inflation rising at the fastest pace in 13 years to 11.4% in India.
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Apple better be worried because it looks like Garmin has built a better mobile phone mousetrap. The Nuvifone is a slim
touch-screen GPS-enabled phone so slick that it could dominate the mobile phone market for years.
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The Straits Times Index of Singapore has lost
almost 15% of its value so far in 2008. That’s too much for an economy that is healthy, vibrant, and growing.
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China’s national pension fund, the National
Social Security Fund (NSSF) , reported assets of 439.69 billion yuan at the end of 2007, up from 282.77 billion a year
earlier.
In U.S. dollars, that converts to $64 billion!
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You don’t have to open a brokerage account in China to
invest in Chinese stocks.
Did you know that over 100 Chinese companies are listed on U.S. exchanges, like the NYSE and Nasdaq?
Did you know that 74 Chinese companies are
listed on the London Stock Exchange? In fact, officials from the LSE expect to see at least 20 [...]
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After agreeing to disclose it nuclear weapons status, North Korea was removed from the
‘terrorist list’ by President Bush. Bush also removed economic sanctions against North Korea.
Don’t think that this mean North Korea is a good place to invest. First of all…you can’t. And even if you could,
North Korea is not a place you want to [...]
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The number of cell phone users in China hit 592 million. That’s 8% more than at the beginning of
the year.
At the same time, the number of land-line users dropped by 6.5 million to 358 million.
What do you think that means for China Mobile?
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It looks like it won’t be long until China Mobile
starts selling Apple’s iPhone in
China. According to a China Mobile spokesperson:
“Apple is no longer insisting on a revenue-sharing policy, so the biggest hurdle for China Mobile to bring in the iPhone has been cleared.”
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The Taiwan cabinet expanded
the ability of Taiwanese brokerage firms to invest in China. Taiwan brokers can invest up to 20% of assets into Chinese companies, double the
previous limit.
This is just more money that will pour into Chinese stock and that is a very good thing.
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