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Thursday, December 04th, 2008

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Posts Tagged ‘ Standard Chartered Bank ’

Chinese Economy to Overtake US by 2035

Jul 9th, 2008 | By Contrarian Profits | Category: Emerging Markets, Featured, Financial News

According to a recent report Chinese economic growth is being driven by domestic demand rather than exports. From Breitbart:

The report by economist Albert Keidel of the Carnegie Endowment for International Peace said China’s rapid growth is driven by domestic demand more than exports, and will sustain high single-digit growth rates well into the 21st century.

“China’s economic performance clearly is no flash in the pan,” Keidel writes.

Tags: Asia And Europe, Carnegie Endowment For International Peace, China Research, Chinese Economy, Devastating Earthquake, Economic Slowdown, Standard Chartered Bank, Standard Chartered Bank Plc, Stock Market Slump
Posted in Emerging Markets, Featured, Financial News | CommentsChinese+Economy+to+Overtake+US+by+20352008-07-09+13%3A51%3A48Contrarian+Profits

Barclays To Raise $8.9 Billion With Help From Sovereign Wealth Funds

Jun 26th, 2008 | By Mike Caggeso | Category: Featured, Financial News, International Investing

Starving for capital and hell-bent on retaining its handsome dividend, Barclays PLC (ADR: BCS) plans to raise $8.9 billion (4.5 billion pounds) by selling shares to investment banks and sovereign wealth funds around the world.

As much as 1.58 million shares will be sold to existing investors China Investment Bank and Singapore’s Temasek Holdings Pte. Ltd., as well as new investors Japan’s Sumitomo Mitsui Banking Corp., Qatar Investment Authority and Challenger - a fund that represents “the beneficial interests” of Qatar’s royal family.

Tags: BCS, DRGV, LGGNY, MER, Mike Caggeso, Rbs, sovereign wealth funds, Standard Chartered Bank, Sumitomo Mitsui, Temasek Holdings, UK stocks
Posted in Featured, Financial News, International Investing | Comments2008-06-26+12%3A45%3A51Mike+Caggeso

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