Global News

No one in their right mind ever said that business is easy.  Even the biggest and best of companies suffer the slings and arrows of misfortune.  BAE Systems (LSE:BA.) is an example. Despite less than spectacular results for 2012, investors showed confidence in BAE today, boosting the company’s share price by 5.1% to 349.1.  Shareholder […]

The share price of mining giant BHP Billiton (LSE:BLT) has traveled an upward trajectory since May 2012, from 1,681 on 23 May to 2,236 at 19 February 2013.  Although the stock remained above its 90 day moving average from 25 July onward, the price hit a number of pitfalls along the way.  Today was one […]

Finance ministers and central bank governors of the G20 member states pledged to take necessary actions to prevent the practice of tax base erosion and profit sharing, following the conclusion of the G20 summit in Moscow. The move came following the discovery in recent months that some multinational corporations had paid little or less taxes […]

Japan breathed a sigh of relief this morning as the G20 summit in Moscow closed with no direct comment on the continuing decrease in the yen or its potential impact. The Nikkei 225 index (NIK:NI225) gained over 2% today as the yen weakened to 94.10 against the US dollar after reaching 92.25 at the close […]

British Pound Sterling fell to its lowest in nearly seven months against the US Dollar after Martin Weale, a member of the Monetary Policy Committee of the Bank of England said in a speech engagement last Saturday, 16 February, that the “most natural means” to reduce the UK’s trading deficit is for the currency to […]

Rolls Royce (LSE:RR.) turned in an astounding 24% increase in pre-tax profit on a 9% increase in revenue.   The reported full year profit of £1,429 million is not only up £272 million from £1,157 million in 2011, it is also the 10th year in a a row that the firm has recorded increased profits year-on-year. Revenue for […]

Today the The Brazilian Stock exchange (BOVESPA) operates special trading hours and trading in the markets opened at 01:00 pm. The Central Bank releases its Focus Report and the Ministry of development presents the balance of trade for the week. In the USA, the Commerce Department publishes the retail sales numbers, durable and non-durable good.  […]

Why struggle trying to find a winner in a downward market when you can diversify your portfolio with emerging markets? Africa’s economy isn’t the size of these economies (see pic.) combined, but surely has the potential to be.  Highest rate of return on investment in Africa is the highest in the developing world. The continent’s economic growth […]

GlaxoSmithKline (LSE:GSK) may be the perfect example of how investors should look at pharmaceutical companies differently than others.  The company share price has remained relatively unchanged in the 1450.0 areas  since 29 January, despite reporting “flat” sales for the full year ending 31 December 2012 on 06 February.  Shares have dropped modestly today by 0.90% […]

The importance of emerging and frontier markets in today’s economic climate is on the rise.  Investment security and room for growth are at the forefronts of investors’ doubtful minds. Where better place for long-term growth than emerging markets? Or better yet – frontier markets. Centamin, the Egyptian based Gold mine dropped 3% on Tuesday amid […]