By Kenneth Rapoza, Forbes Blog, China is putting its expansive nuclear power plans on hold. The decision comes after months […]
A Bargain in Berkshire Shares
by Dave Kansas, Smart Money, A 52-week low, a long track record, and a modest valuation — even Buffett would […]
Greek default could trigger chain reaction
FRANKFURT, Germany (AP) — Greece’s economy is small but the shock waves from a default on its debt could be […]
Bank Said No? Hedge Funds Fill a Void in Lending
By AZAM AHMED, NY Times, Hedge fund managers have been called plenty of names. Now, they can add another: local […]
Foreclosures fall again, but housing market isn’t safe yet
Foreclosure filings experienced their eighth straight month of declines, according to RealtyTrac. In May, filings fell 33% from a year […]
Consumer prices rise by smallest in 6 months
Consumers paid more for food, cars and clothing in May, pushing up prices 0.2 pct Christopher S. Rugaber, AP Economics […]
Grain futures mixed, livestock prices rise
Wheat, corn, oat futures fall while soybeans rise on the CBOT; beef and pork prices rise CHICAGO (AP) — Grains […]
To Caffeinate China, Starbucks Takes A Page From Burberry’s Playbook
Anyone who has set foot in one of China’s larger cities over the past five years has undoubtedly noticed the […]
Chinese Real Estate Bubble Finally Imploding?
From Naked Capitalism site, The warnings of successful shorts like Jim Chanos, old Asia hands like Frank Verneroso, and economists […]
OXSTONE FOOD FOR THOUGHT – June 2011 – A Growing Alternative Asset Class – P.C.C.
By Liu-Yue (Louie) Lam, Co-Founder, Chief Investment Strategist, Oxstone Capital Management, In the current hostile investment environment a growing new […]