Global

Learning from Iceland

In the past couple months, the term Iceland has become synonymous with economic havoc. All of Iceland’s major banks, their currency, and their stock market, collapsed within a matter of weeks. The citizens of pastoral Nordic nation awoke one morning to find their savings evaporated, their salaries slashed, their homes and investments devalued. What led […]

Looking for a Tax Haven: Try Delaware, USA

Coming out ahead of both Switzerland and Luxembourg, the American state of Delaware was ranked first as the most opaque tax haven by the Tax Justice Network. The TJN is an organization whose mandate is to promote transparency in international finance. Although Switzerland received the highest score for secrecy, here called opacity, along with several […]

Profiting During a Recession

While the current recession certainly has an impact on most businesses, there are actually ways that some businesses can benefit from the current difficulties. As Dr. Mike Walden, the North Carolina Cooperative Extension economist in the College of Agriculture and Life Sciences at N.C. State University, says: ” When you have recession, people are going […]

Malaysian Businessmen Optimistic About 2010

According to the International Business Confidence Survey, Malaysia is seen as one of the top ten countries regarded as best able to deal with the global economic crisis. Surveying 7500 businessmen in 24 countries, this survey conducted by Servcorp intended to gauge international business moral. Certainly, Malaysian businessmen such as Taek Jho Low, Regional Development […]

Looking for a Tax Haven: Try Delaware, USA

The American state of Delaware was ranked first as the most opaque tax haven by the Tax Justice Network.

Turbulent Times

“Everything is overpriced,” said Harry Rady, chief executive and portfolio manager of Rady Asset Management. “A very long, protracted recession is still very much alive.”

What Will Santa Bring Shareholders?

Traditionally, we expect an end-of-the-year spike in stock prices. Investors are people too, and they are impacted by the optimistic holiday spirit. We also know that many people allocate their investment capital on a yearly basis and make investments around the new year. This year, though, it’s hard to know what will happen. Prices seem […]