Economy & Markets
The important economic and stock market news that advisors need to know.
Bank of Ireland Rescue Will Hit Both Bond and Share Holders
By Marlene Y. SatterBank of Ireland is intent on raising $6.1 billion in fresh capital, announcing plans of Friday for a new stock issue that will buy back debt at a steep discount
June 02, 2011
Canada Outpaces U.S. in Confidence, Economic Performance—News AnalysisHas the U.S. ceded economic leadership to its northern neighbor?
June 02, 2011
Dow 20,000: 10 Reasons Why Market Will Soar in 12 MonthsMarketWatch gadfly James Altucher makes his case for his wild prognostication.
June 02, 2011
PIMCO’s El-Erian: QE2 Failed to Boost U.S. GrowthWhile the bond-purchase program pushed investors into higher-yielding assets such as stocks, the “transmission mechanism” to lower unemployment by driving more money into the economy didn’t work, El-Erian of PIMCO said.
June 02, 2011
Starbucks Signs Joint Venture in ChinaThe world's largest coffee chain has come to the world's second-largest economy, China, in a big way. Starbucks has signed a joint venture agreement with Maxim's Caterers Ltd., its partner in South China, that will give the American coffee company 100% equity in more than half of its retail stores...
June 02, 2011
China-launched Coke Brand Worth a Billion as Coke Considers IPOCoke made the announcement about Minute Maid Pulpy, a brand devised in China and brought to billion-dollar status there, and said the company was also considering listing itself in Shanghai.
June 02, 2011
FPA in China: Best Way to Invest in Chinese StocksA planner traveling in China suggests the best way for non-Chinese to invest in the country’s stocks.
June 01, 2011
Going Small in Germany, RussiaVan Eck Global added the Market Vectors Russia Small-Cap ETF (RSXJ) and the Market Vectors Germany Small-Cap ETF (GERJ) to its lineup. RSXJ focuses on…