Global stocks gained Monday as gold hit a fresh new record above $1,130 an ounce. Experts told CNBC the energy sector face a malaise in the short-to-medium term, but Asia still holds a lot of investment potential.
Global stocks were mixed Friday as the dollar eased from gains made the previous day. Experts told CNBC investors with a longer-term time horizon should stay fully invested.
With the US unemployment rate now at 10.2 percent, the Obama administration hopes an emphasis on building export opportunities in Asia will play well at home.
Global stocks were mixed Thursday as gold hit a new higher above $1,120. Experts told CNBC that stocks in the U.S., Europe and China still look attractive.
A 15.2 percent jump in Bank of East Asia shares may have come on speculation that a Malaysian conglomerate was preparing a bid for the Hong Kong bank, local media reported on Thursday.
Asia-Pacific finance ministers were set to call for flexible exchange rates among measures to try to reduce global economic imbalances that were at the heart of the financial crisis.
Global stocks rose on Wednesday, with sentiment lifted by upbeat economic data out of China. Experts told CNBC investors should forget about currencies and fixed income and rather focus on benefiting from asset-price inflation by getting into real assets.
Thailand continues to welcome foreign capital and it is willing to see foreign majority control in its banking sector despite existing curbs on foreign ownership, said Korn Chatikavanij, the country's finance minister.
Tuesday, 10 Nov 2009 | Posted By:
Robin Knight | Source: CNBC.com
If Asia's loose monetary policy is left unaddressed it will ultimately blow a bubble of "mind-boggling size" that could become uncontrollable without fiscal tightening, Frederic Neumann, economist at HSBC, told CNBC Tuesday.
Investors should be “dancing near the door” when playing the rally in stock markets, David Roche, global strategist at Independent Strategy, told CNBC on Tuesday.
Global stocks rose and the dollar fell on Monday after the Group of 20 pledged to keep stimulus in place until recovery was assured. But experts told CNBC gold is still king and the dollar will be on the defensive as more investors look towards currencies such as the Australian dollar.
Global stocks were mostly higher Friday ahead of the U.S. jobs report for October. But experts told CNBC they are skeptical of the current stock rally and see a bubble forming in all asset classes.
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