BizNews Global Investing

Dollar set to grow stronger against Chinese currency

13th April 2015

The diverging fortunes of the world’s two biggest economies mean one thing for currency markets: a stronger dollar.

Alec Hogg: Three reasons crude oil isn’t soon going back to $100

13th April 201511th April 2015

It’s always dangerous to make a “this time it’s different” call, but with the crude oil price there are some good reasons to consider it may now be true.

Neal Smith, SIM Global fund manager, talks China’s growth risks

15th June 20208th April 2015

China is a nation in transition. It’s trying to move from low cost, low value-add exports and state-financed construction into a provider of high value industries and services and increased domestic consumption. Listen to a podcast with SIM Global’s fund manager, Neal Smith, on why he still sees potential and opportunity in China.

Must Watch: Warren Buffett tells Barry Wood about his first business

8th April 20157th April 2015

In Barry Wood’s interview with Berkshire’s chairman Warren Buffett, the Oracle of Omaha explains how he turned a newspaper route into a business.

Good news for Naspers – Tencent discount “getting harder to justify”

7th April 20157th April 2015

Tencent’s discount to Facebook is getting harder to justify. The Chinese social media giant brought in roughly the same amount of revenue as its U.S. counterpart last year and was more profitable. Yet it trades at a lower multiple of earnings. The valuation gap warrants a rethink.

World market charts reflecting the first quarter

1st April 2015

A comprehensive post covering the world markets for the first quarter.

Whispers of biotech bubble bursting worries Wall Street

27th March 2015

A number of SA financial advisors are punting American biotech stocks after an amazing run that looks suspiciously like the dot com bubble of the late 1990s

Google’s CFO to get $70m; regulators worldwide will take note

27th March 2015

There is another side to Google’s decision to pay its top accountant almost R1bn. It’s can have little to do with her ability to cast but probably says as much about its reliance on “tax efficient” structures

PetroChina’s 2014 net profit slumps 17%

26th March 2015

Chinese energy firm PetroChina said Thursday its net profit slumped 17 percent in 2014 from a year earlier as international crude oil prices plunged.

ICBC profit falls for first time since ’09 on bad-debt charges

26th March 2015

Industrial & Commercial Bank of China Ltd., the world’s largest lender by assets, posted its first quarterly decline in profit since 2009 as provisions for bad loans more than doubled.