David Kuo, CEO of The Motley Fool Singapore, remains optimistic on the mainland despite a new report showing that China's debt has soared to two and a half times its economy.» Read More
Asian stocks logged impressive gains on Thursday, following the strong gains on Wall Street, after Spain outlined measures to cut its deficit, easing fears that the Greek debt crisis could spread in Europe.
Asian stocks ended mostly lower on Wednesday after the negative lead on Wall Street, as persistent worries about the eurozone's fiscal health continued to dampen market atmosphere.
That’s what the action in today’s stocks seemed to say. Here’s why that action was wrong.
Asian equities were mostly lower on Tuesday, as lingering doubts about how Greece and other debt-laden euro zone countries will reduce their budget deficits put the brakes on the impressive relief rally in global stocks seen on Monday.
Asian stock markets charged higher on Monday, led by Hong Kong and Sydney, following news that global policy makers unleashed a massive rescue package to contain the Greek debt crisis.
It was pretty wild out there. But instead of chalking this up as simply panic in the market, we should see it as a huge wake up call. All is not well.
Markets are likely to be more volatile and US markets are likely to outperform emerging markets in 2010, Marc Faber, author of the Gloom, Doom and Boom Report, told CNBC Wednesday.
Asian stock markets fell on Friday, led by Tokyo's 3.1 percent drop, after U.S. stocks plunged more than 3 percent lower triggered by Europe's debt crisis gathered speed.
The foreign exchange team at BNP Paribas are predicting euro/dollar parity within twelve months: “While we have had one of the most bearish forecasts in the market, these previous projections now appear too moderate given the current developments.”
One of the world’s leading producers of copper and gold is “encouraged” about the U.S. economy, its CEO told CNBC Wednesday.
The correction in stock markets has already started, Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets, told CNBC Wednesday.
And they’ll protect you from a slew of other negatives the bears are throwing around, too.
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