The S&P 500 SPYETF rallied 6.83% in the month of July. Below is a table highlighting the performance of key ETFs across all asset classes in July (as well as YTD and over the last week). Interestingly, largecaps here in the US outperformed smallcaps, which usually isn't the case during rallies. Growth and value both performed about the same, while Materials, Industrials, and Energy were the best performing sectors. Globally, Italy (EWI) did the best in July with a gain of 18%. France (EWQ) and the UK (EWU) came in second and third with gains of 14.5%. India (.....
India has come up with the world's cheapest "laptop," a touch-screen computing device that costs $35. India's Human Resource Development Minister Kapil Sibal this week unveiled the low-cost computing device that is designed for students, saying his department had started talks with global manufacturers to start mass production.
"We have reached a (developmental) stage that today, the motherboard, its chip, the processing, connectivity, all of them cumulatively cost around $35, including memory, display, everything," he told a news conference.
He said the touchscreen gadget was packed with Internet browsers, PDF reader and video conferencing facilities but its hardware was created.....
The proposed merger between Charles River Laboratories (NYSE: CRL) and WuXi AppTec (NYSE: WX) fell apart this week (see story). Citing investor concerns
Earlier this month, I attended OpenWebAsia – South East Asia (South EAsia/a>) in Kuala Lumpur/Malaysia, a two-day tech and web industry event that attracted over 350 international attendees. The event shined a spotlight on a market that’s still largely overlooked: a whopping 600 million people live in South EastAsia, which boasts a rapidly growing web and mobile population.
What follows is a short summary of just a few presentations, panel discussions, and startup demos I witnessed at OpenWebAsia (those with a focus on Asia only). I will update this article with more material once it becomes available (find the agendas for day one and two here and here.....
Below are the top 10 best-performing U.S.-listed Chinese stocks for the past week.
China Natural Resources Inc. (NASDAQ:CHNR) is the 1st best-performing stock last week in this segment of the market. It was up 23.85% for the past week. Its price percentage change is -8.90% year-to-date. New Dragon Asia Corp. (AMEX:NWD) is the 2nd best-performing stock last week in this segment of the market. It was up 23.33% for the past week. Its price percentage change is -43.08% year-to-date. Hurray! Holding Co., Ltd. (ADR) (NASDAQ:HRAY) is the 3rd best-performing stock last week in this segment of the market. It was up 22.26% for the past week. Its price percentage.....
Below are the top 10 best-performing Mid-Cap stocks (market cap between $2 billion and $10 billion) for the past week. One Chinese company (CEA) is on the list.
QEP Resources, Inc. (NYSE:QEP WI) is the 1st best-performing stock last week in this segment of the market. It was up 17.59% for the past week. Its price percentage change is N/A year-to-date. Energizer Holdings, Inc. (NYSE:ENR) is the 2nd best-performing stock last week in this segment of the market. It was up 14.80% for the past week. Its price percentage change is 0.39% year-to-date. Bruker Corporation (NASDAQ:BRKR) is the 3rd best-performing stock last week in this segment of the market. It was up 14.32% for.....
Forget the BRICs... the term coined by Goldman Sachs economist Jim O'Neill coined to identify the potential of the emerging economies of Brazil, Russia, India and China.
Below is a ranking of U.S.-listed Chinese stocks based on latest monthly change in short interest.
Ranking | Company (Ticker) | Monthly Short Interest Change 1 Sino Clean Energy Inc. (NASDAQ:SCLX) 3045.7% 2 CDC Corporation (NASDAQ:CHINA) 3040.6% 3 Orient Paper Inc (NYSE:ONP) 738.7%
China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty.
When readers ask me how Dr. Kent Moors could be up nearly 60% on a portfolio that he only launched July 6, I don't give them an answer.
I tell them a story.
When the BP PLC (PLC/a>) (NYSE ADR: BP) CEO-replacement saga began to unfold earlier this week, and the Money Morning news team was working the story, I contacted Dr. Moors to ask him if he knew anything about anointed successor Robert Dudley.
With that response, Dr. Moors underscored, yet again, why he's the ultimate energy-sector insider: He doesn't just know about Dudley - he actually knows him.
The Sharjah Chamber of Commerce and Industry (SCCI) urged the emirate's private sector to strengthen bilateral trade relations with China and explore investment opportunities, during a meeting with a special Chinese trade delegation from the industrial city of Wenling.
This week's announcement that some of Charles River Laboratories’ (NYSE: CRL) investors blocked the deal to acquire WuXi Apptec (NYSE: WX) is remarkable in several aspects. Most
The Mainland Affairs Council (MAC) declined to comment Friday on remarks made by China's defense spokesman, who said the Chinese mainland would discuss the removal
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Hickey and Walters (
