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China’s Hang Seng Index is off almost 25% over the last three months. The S&P 500 is barely off 10% over the same period. A look at some of the components of the Hang Seng looks even worse....
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Markets in Asia fell sharply. The Nikkei traded down 4% to 13,088. Sony (SNE) fell 4.5% to 4880. Toyota (TM) fell 4.1% to 5,340. The Hang Seng fell 4.3% 24,054. China Life (LFC) fell 6.3% to 31.40....
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Markets in Asia were shsrply higher The Nikkei rose 4.1% to 13,529. NEC rose 8.2% to 449. Toyota (TM) rose 6.3% to 5570. The Hang Seng rose 6,7% to 25,122. China Life (LFC) rose 8.4% to 33.5. China...
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Markets in Asia were up sharply. The Nikkei rose 2% to 12,829. Honda (HMC) rose 3.3% to 3010. NEC rose 4.1% to 411. The Hang Seng rose 10.7% to 24,090. China Life (LFC) rose 15.8% to 31.95....
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Asia markets fell sharply. The Nikkei was off 5.7% to 12,573. Docomo (DCM) was down 8.5% to 151000. Sony (SNE) was down 6.5% to 5110. Toyota (TM) was down 7.2% to 4880. The Hang Seng dropped 8.7% to...
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In only three weeks, shares of PetroChina (PTR have lost about a third of their value, which at one point was about one trillion dollars. The Shanghai Composite has fallen from over 6,000 in...
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According to Reuters, Chuck Prince stepped down at CEO of Citigroup (C) and the bank indicated it may have to write off as much as another $11 billion. Reuters writes that shares of PetroChina (PTR)...
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When shares of PetroChina (PTR) begin to trade on the Shanghai exchange on Monday, they may double from their IPO price. The company raised $9 billion in its offering. According to Reuters "local...
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PetroChina (PTR) will raise $8.9 billion in the world’s biggest share sale this year to expand refineries and increase output at oilfields. According to Bloomberg, PetroChina will sell 4 billion...
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The New York Times was good enough to run a list of the world’s 20 most valuable companies ranked by market cap in 1989, 1999, and 2007. Japan owned the list in 1989. Most Americans would not even...
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According to Reuters, Google’s (GOOG) quarterly profit rose 46%. Reuters writes that Warren Buffett has sold his entire stake in PetroChina (PTR) Reuters writes that Microsoft (MSFT) says that its...
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The news should cause some concerns or perhaps weeping among US investors who see big US companies as the pride of the global corporate fleet. PetroChina (PTR), China’s big oil company, passed GE...
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Most experts believe that, when a sharp drop in the global stock markets comes, and it will one day, the fall will begin in the US. It could be triggered by a slowing economy, falling corporate...
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Shares of Chinese companies listed on the NYSE (NYX) have sub-standard earnings. That is the conclusion of a study by RateFinancials, an independent research firm, covered in the FT. Since the NYSE...
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On today’s STOP TRADING segment on CNBC, Jim Cramer was discussing China’s desire to grow and acquire. He noted that with so many companies being some of the largest in the world that some...
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