Friday, March 12th, 2010

The New Gold Rush: Dollar is Down
– China Rises Up

Investors are rushing into gold and driving down the U.S. dollar. For the first time since the height of the banking crisis, the value of an ounce of gold has topped the psychologically significant ceiling of $1,000.
Why the stampede? Investors are losing confidence in [...]

Fortune Smiles on China
Chinese Companies Race To New Highs

It’s more bad news for the U.S. as the latest Fortune 500 global ranking hits the wires. The number of U.S. companies in the top 500 has fallen to just 140. That is the lowest number since Fortune began the list more than fifteen years ago.
As America [...]

Look Out Below as China Closes its Wallet

China’s relentless growth hasn’t revived the global economy, but it has helped the shares of many resource companies rebound far more than market averages this year. But the party may be coming to an abrupt end.
China has been on a resource-buying binge, scooping up world supplies of oil, [...]

China Phone Stocks Ringing up Profits!

Industry giants China Mobile and China Unicom are currently among the market’s biggest Big Cap gainers. Both companies are soaring in anticipation of a new generation of 3G phones entering the world’s biggest wireless market.
For China Unicom (CHU), it’s all about the much-coveted 3g iPhone. Unicom executives have been in [...]