Zoomlion Offers US$3.2b For US Heavy Machinery Maker
China’s Zoomlion Heavy Industry Science & Technology Co confirmed on Wednesday an unsolicited takeover bid for Terex Corp, the US crane and construction machinery maker.
India
Is It Time To Look Into Emerging Markets?
Many of the world’s greatest investors have been willing to buy at a time when the majority of the market was turning away from a particular sector.
China’s Tech Empire Comes Of Age Abroad
When Lei Jun told the World Internet Conference in China last year that his tech startup Xiaomi will be the world leader in smartphones in the next five or 10 years, an Apple executive prophetically replied, “It is easy to say, but more difficult to do.”
Falling Oil Price Benefits Chinese Consumers
Mohit Jayachandran is breathing a sigh of relief. The 30-year-old engineer with Fluor Daniel, a multinational engineering and project management company in Gurgaon, near India’s capital New Delhi, says he will be having a decent end-of-year vacation this time, after a long year.
India Looking To Reduce Gold Imports
An unnamed senior India ministry has indicated that India is likely to announce procedures to reduce gold imports as early as today.
BRICS Seeks New Paths to Develop
President Xi Jinping is preparing to attend the BRICS summit as the group is generating new initiatives amid slowing economic growth, observers said.
Gold breaks out of key congestion as fear takes hold!
In the past couple of days we have seen extreme and unusual price activity in the December gold futures contract with yesterday’s volume exceeding that of Tuesday’s by some distance, but without the requisite move higher.
Trading India’s Continuing Climb Higher
Has India (INDY, quote) begun to turn? India’s Sensex and Nifty moved higher for the past 4 sessions despite a shorten trading week on account of Mahashivratri (Thurday).
An analysis of gold for speculators and investors
In writing any market analysis, I am always conscious of two things. First, it is very easy to forget that the associated buying and selling in any market embraces the full spectrum, from long term investor, to the short term speculator.
Morning Coffee Break
U.S. stock indexes printed small gains yesterday as market participants begin to focus on the two day Federal Reserve meeting. Analysts are looking for policymakers to provide further monetary stimulus – QE4? However, the Fed watchers will also be watching for any signs of deal or lack of deal concerning the fiscal cliff.