Malaysian Ringgit: Asia’s Best Performing Currency
June 21, 2010 by Seeking Alpha
Filed under Investment Ideas
Original Article from Seeking Alpha Long Investment
Subhranil Dey submits:
The “ringgit” is the official currency in Malaysia which is often known as the Malaysian dollar. The Malaysian dollar or ringgit is subdivided into 100 sens, which are known as cents in foreign markets.
Performance
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Malaysian Ringgit: Asia’s Best Performing Currency
June 21, 2010 by Seeking Alpha
Filed under Tips
Original Article from Seeking Alpha Dollar Currencies
Subhranil Dey submits:
The “ringgit” is the official currency in Malaysia which is often known as the Malaysian dollar. The Malaysian dollar or ringgit is subdivided into 100 sens, which are known as cents in foreign markets.
Performance
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Why Asia’s Worried About Europe
June 13, 2010 by Seeking Alpha
Filed under Tips
Original Article from Seeking Alpha Dollar Currencies
Rebecca Wilder submits:
On the forefront of the Chinese economic releases this week was the trade data, where headlines shouted +48.5% Y/Y export growth in May. This report didn’t go unnoticed in Washington, as renewed obsessions with the Chinese peg against the US dollar fired up again.
But the Chinese release overshadowed the Philippines April trade report, which in my view, illustrates more transparently the slowdown in external demand that is likely underway across the region. In the Philippines, merchandise exports increased 27.4% over the year in April, which was half the rate of the Bloomberg consensus and that in March, 42.7% and 43.8%, respectively.
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Risky Assets Sold on Growing Tensions in Asia
Original Article from ACM – Newsletter
Risky assets continue to come under heavy selling pressure. During today’s Asian Session, the pressure was bought on largely by the EURUSD sinking down to 1.2234, from Friday’s 1.2672. While no single news event triggered the selloff in risky assets, the increased tension between North and South Korea sure didn’t help investor confidence. Asian stock indices are considerably lower with the Hang…
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Morning Report: Futures Advance After Gains in Asia
May 18, 2010 by Seeking Alpha
Filed under Tips
Original Article from Seeking Alpha Dollar Currencies
optionMONSTER submits:
By Bryan McCormick
In something reminiscent of the movie "Groundhog Day," US stock index futures are almost exactly where they were in yesterday’s pre-market at the time of this writing.
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Morning Report: Futures Follow Europe, Asia Lower
May 14, 2010 by Seeking Alpha
Filed under Tips
Original Article from Seeking Alpha Dollar Currencies
optionMONSTER submits:
By Bryan McCormick
US stock index futures are down after weak trading in Asia and a sharply lower session in eurozone and UK markets.
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Apple in Asia
May 1, 2010 by Seeking Alpha
Filed under Investment Ideas
Original Article from Seeking Alpha Long Investment
Tim Cook, COO of Apple:
We had some staggering growth rates, as you mentioned. If you look at Asia-Pacific as an example, the iPhone units in Asia-Pacific grew 474% y-over-y. Japan grew 183. Europe grew 133. And so these are some fabulous numbers we’re seeing, just incredible demand for iPhone….
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Morning Report: Futures Flat After Weak Asia Session
March 18, 2010 by Seeking Alpha
Filed under Tips
Original Article from Seeking Alpha Dollar Currencies
optionMONSTER submits:
By Bryan McCormick
US stock index futures are essentially flat this morning after a moderately weak session in most of Asia’s markets. The eurozone and United Kingdom were also flat at the time of this writing, after having been moderately lower at the outset of trading.
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Morning Report: Futures Fall After Weak Session in Asia
March 15, 2010 by Seeking Alpha
Filed under Tips
Original Article from Seeking Alpha Dollar Currencies
optionMONSTER submits:
By Bryan McCormick
US stock index futures are down after a weak session in Asia and moderately lower trading so far in eurozone and UK markets. Much of the weakness overnight appears to relate to a currency spat between the US and China.
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Prudential PLC: Taking Stake in the ‘Biggest Bargain in Asia’
March 8, 2010 by Seeking Alpha
Filed under Investment Ideas
Original Article from Seeking Alpha Long Investment
Charlie Price submits:
Last week, America International Group (AIG), which is 80% owned by the taxpayer, announced the sale of its Asian life insurance business to Prudential PLC (PUK)*. The deal, valued at about $35.5 billion, creates an unrivaled life insurance powerhouse in Asia.
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