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BMO Weighs In On Newmont Mining's Batu Hijau Sale
Friday, July 1, 2016 - 11:51am | 241Read More...BMO Capital Markets views Newmont Mining Corp (NYSE: NEM)'s recently announced sale of stake in the Indonesian mine as a positive development as it de-levers the risk profile of Newmont. Newmont agreed to sell its 48.5 percent stake in the operator of the Batu Hijau copper and gold mine in...
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Indonesia Bans Tumblr For 'Pornographic Content,' Yahoo Investors Quiet
Wednesday, February 17, 2016 - 11:00am | 356Read More...Indonesia announced it would ban Tumblr and 477 other websites for their “pornographic content,” according to a statement made Wednesday by Azhar Hashim, a director of the country’s Ministry of Communications and Information Technology, the Jakarta Globe reported. The decision...
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Another Murky Year Could Await Indonesia ETFs
Wednesday, January 20, 2016 - 9:12am | 543Read More...The iShares Indonesia Investable Market Index Fund ETF (iShares MSCI Indons Invstbl Mrkt Indx Fd (NYSE: EIDO)) and the Market Vectors Indonesia Index ETF (NYSE: IDX) are down an average of just 2.75 percent this year compared to a loss of 10.3 percent for the MSCI Emerging Markets. From 2010...
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Emerging Market Bond ETFs Feel Global Credit Crunch
Tuesday, December 16, 2014 - 4:40pm | 512Read More...The global credit markets received a jolt on Monday, when the Russian Central Bank increased its key interest rate from 10.50 percent to 17 percent in a single motion. That action was taken as a result of the rapid declines the country is experiencing in their currency markets along with...
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Market Wrap For June 5: Markets Positive Before Friday's Employment Report
Thursday, June 5, 2014 - 4:35pm | 2244Read More...U.S. stocks were positive after the European Central Bank implemented steps to fight disinflation, including negative interest rates. On the home-front, initial jobless claims rose last week but that didn't stand in the way of the S&P 500 and Dow Jones indices trading at historical all-...
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Market Wrap For June 4: Markets Slightly Higher On Light Volume, Beige Book
Wednesday, June 4, 2014 - 4:38pm | 2314Read More...U.S. stocks were moderately higher as the S&P 500 continues to reach new highs. Investors found plenty of positives after the Federal Reserve released its summary of commentary on current economic conditions, also known as the “Beige Book.” “All twelve Federal Reserve...
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Market Wrap For June 3: Markets Run Out Of Steam
Tuesday, June 3, 2014 - 4:44pm | 2002Read More...U.S. stocks were lower with the S&P 500, Dow Jones and Nasdaq indices all ending in the red. In a lackluster trading session with little market moving move, investors are likely sitting on the sidelines until key data will be released later on this week. All eyes will be on Friday's...
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Twitter Is Growing, Just Not In The U.S.
Wednesday, May 28, 2014 - 3:13pm | 576Read More...By 2018, more than 40 percent of Twitter’s (NYSE: TWTR) 400 million users worldwide will be in the Asia-Pacific region, according to eMarketer’s first-ever forecast of global Twitter users. Emerging markets, the independent market research company said, will contribute to user base growth of 24...
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Kellogg's To Trace Its Palm Oil Suppliers, While General Mills Looks Internationally For More Opportunities
Wednesday, February 19, 2014 - 3:23pm | 463Read More...Some recent dispatches from the breakfast cereal front. The Battle Creek, Michigan-based Kellogg Company (NYSE: K) says it is working to ensure the palm oil used in its products is responsibly produced, and doesn't come from plantations that harm local environments. According to The Associated...
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Market Wrap For December 27: Markets Quiet Before Weekend
Friday, December 27, 2013 - 5:23pm | 1347Read More...As expected, markets were relatively quiet Friday with no economic data aside from natural gas inventory numbers. Many traders and investors are likely sitting on the sidelines until the new year. Major indices started the day with small gains which were slowly erased throughout the day before...
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3 ETFs to Profit from Global Urbanization
Monday, November 4, 2013 - 5:52pm | 597Read More...Investors should always look to profit from global trends. That's especially true since emerging markets around the world have been driving much of the global economic growth. In its report, "Urban World: Cities and the Rise of the Consuming Class," the McKinsey Global Institute projects one...
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Report: Auto Industry Must Look Beyond 'BRIC' Nations to New, Emerging Markets
Wednesday, October 23, 2013 - 2:33pm | 524Read More...Think there are no investment worlds left to conquer? A major global management group suggests you think outside of the box – or more specifically, beyond the BRICs – especially when it comes to rising automotive markets. A report released Tuesday by The Boston Consulting Group says what it...
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These Awesome Charts Highlight Just How Diversified (or Homogeneous) Some Nations' Exports Are
Friday, April 12, 2013 - 3:36pm | 136Read More...Ever wondered what the leading exports of Antarctica or North Korea or the Solomon Islands are? Well you've come to the right place. Courtesy of the Wikimedia Commons and the Observatory of Economic Complexity, Benzinga has compiled an array of export tree maps from countries and regions around the...
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Jim O'Neill: China Produces a New Greece Every 11.5 Weeks
Wednesday, March 21, 2012 - 8:44am | 459Read More...Goldman Sachs' (NYSE: GS) rockstar Jim O'Neill reinforces his ongoing thesis that Greece-focused histeria is tedious at best. While he believes European Monetary System concerns are valid and sovereign debt issues will be there for the foreseeable future, he thinks Greece is small peanuts as long...
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More Trouble for Freeport McMoRan As Indonesian Labor Rejects Latest Layoffs
Tuesday, December 27, 2011 - 2:21pm | 614Read More...It appeared Freeport McMoRan Cooper & Gold (NYSE: FCX) had put an end to woes in its Indonesian operations when it announced on December 14, 2011 that it had successfully resolved its three-month-long worker strike which had seen its operations stopped at the world's second largest copper mine...














