Markets in Hong Kong, Vietnam, Taiwan and Korea are closed this week as people across Asia celebrate Moon Festival, one of the culture’s most beloved holidays along with Chinese New Year. Moon Festival’s origins center...
Read MoreOn Monday, September 12, many Chinese, Koreans and Vietnamese celebrate the Mid-Autumn Festival, one of the most important holidays besides Chinese New Year. It is also known as Moon Festival because it is celebrated when the...
Read MoreA boxer’s stamina is judged by how quickly he rebounds from a blow. Strength of a country, then, could be measured by how quickly the economy can bounce back from a crisis. The Economist provided one measure when it compared...
Read MoreSiberia’s western oil fields have been a mainstay of Russia’s economic growth for decades, but the world’s largest producer of oil is now looking elsewhere in its country to replenish its stagnating supplies. Western...
Read MoreMy long-time friend and mentor Seymour Schulich forwarded an email to me that puts today’s U.S. government debt mountain startlingly into context. By removing several zeros, one can place the debt situation in terms we all can...
Read MoreRemote locations of Brazil’s Amazon have potentially large untapped oil and gas reserves, but lack of adequate infrastructure to explore these resources have prevented success … until now. Oil and gas company HRT...
Read MoreGoldwatchers were reminded gold’s volatility works in both directions last week, with prices falling more than $100 an ounce in just one day. We forecasted the selloff during the previous week, explaining a 10 percent...
Read MoreNow might be a good time for Daniel Ocean to start assembling his gang of 11. Venezuelan President Hugo Chavez announced last week that he was ordering the country’s ample gold reserves back to Caracas for safe keeping. Not a...
Read MoreThere are tectonic plates pushing against each other in Washington these days, and I’m not talking about yesterday’s 5.8 magnitude earthquake felt along the East Coast. Rather, the tension is a product of the government’s...
Read MoreCall it choppy, volatile, fickle or lively, market action continued to disappoint last week. Frightened investors pulled out more than $40 billion from long-term mutual funds for the week ended August 10, according to the...
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