Author: Aaron

  • A New Way to Mine Gold

    Investors have always been able to buy gold-mining stocks or the metal itself. Now exchange trade funds are reducing the risks and hassles Gold has regained some of its luster over the past few years. Since hitting a low of about $256 per ounce in early April, 2001, the price of the yellow metal climbed…

  • Goldcorp Delivers First ‘Campaign Promises’ Quickly

    By Tim Wood – ST. LOUIS (ResourceInvestor.com) — Goldcorp’s [GG] newly minted president and chief executive, Ian Telfer, is holding to his publicly announced playbook with the $70 million cash acquisition of the Bermejal gold deposit in Mexico. Despite Telfer flagging his ‘new’ strategy repeatedly even before the Goldcorp-Wheaton deal, many investors thought the newly…

  • Worldwide ETF assets $313.6B in Feb.

    Global assets trading volume up nearly 20% YTD – report BOSTON – There were 348 exchange-traded funds at the end February with assets of $313.6 billion trading on 31 global exchanges, according to new research released Tuesday by Morgan Stanley. Year to date, worldwide ETF assets under management increased 1.7 percent, while average daily trading…

  • The untold positive story about Malaysia

    The following is the text of the speech by Prime Minister and Minister of Finance. IT is always an honour and a privilege to speak before such an important audience as is gathered here today. As investors, fund managers and market analysts, you are all thought to be leaders and opinion-shapers who greatly influence investment…

  • UDC launches its new harbour-side homes

    United Development Company (UDC), the promoter of the freehold West Porto Drive towers around Porto Arabia, the main marina of The Pearl-Qatar, has released the second wave of harbour-side homes in ten, 20-storey towers. The towers overlook Porto Arabia, which will be an international yachting hub with berthing for 400 vessels, and the 2.5 kilometre…

  • Offshore accounts: No longer an easy option

    I’ve spent a lot of time in Switzerland over the years, including two semesters of college. But not much in recent times, when most of my travel and living has been in less developed countries. I did, however, log a few days in Zurich before Christmas to renew some old acquaintances. Some readers may remember…

  • Add up the advantages of not wasting on tax

    PAYING taxes, like death, is one of life’s more unpleasant certainties. No one likes to see their hard-earned cash lining the Treasury’s coffers. But while death is unavoidable, paying too much tax is something we can laugh in the face of. Nationally, £5.66bn in wasted tax is set to wing its way into the Chancellor’s…

  • Canadians investing offshore grows sharply

    OTTAWA – Canadian investment in offshore financial centres, including so-called “tax havens,” shot up eight-fold between 1990 and 2003, Statistics Canada reported Monday. Between 1990 and 2003, Canadian assets in those countries went from $11 billion to $88 billion. They accounted for more than one-fifth of all Canadian direct investment abroad in 2003, double the…

  • Call to sort out REIT launch

    Hong Kong needs clear legislation and firm stock exchange commitment for the development of the Real Estate Investment Trust (REIT), according to analysts. They warned Hong Kong would be left behind by other regional financial centers like Singapore and Taiwan if local regulators do not encourage the launch of such an investment product soon. “Singapore,…