Invest Offshore

Author: Aaron

  • Mexico’s Bancomer Launches Bank For Wealthy Clients

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    MEXICO CITY – Mexican bank leader Grupo Financiero BBVA-Bancomer SA said it has launched a private bank Wednesday to provide comprehensive services for wealthy clients. [box type=”note”]Private Bank Bancomer said its clients account for 40% of Mexico’s market for high net-worth individuals.[/box] “People don’t have to think about offshore institutions to get answers to their…

  • China Changes Offshore Investment Rules, Venture Capital Cools

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    Global venture capital funds slowed offshore investment into Chinese companies in the first quarter after the country’s foreign exchange regulator issued rules that may hinder international share sales and capital raising by China businesses. Chinese residents must for the first time get approval from the State Administration of Foreign Exchange before starting or investing in…

  • Glittering future predicted for Dubai gold exchange

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    Dubai: The Dubai Gold and Commodities Exchange (DGCX), which is expected to go live this year, will float a fully owned subsidiary to carry out the settlement of trades on the exchange. David Rutledge, chief executive officer of the Dubai Metals and Commodities Centre (DMCC), said the new clearing house being established by DGCX will…

  • Playing Commodities With ETFs

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    Famed investor Jim Rogers made a fortune by investing in commodities during the 1970s. Now, Rogers is back in commodities, and he’s giving individual investors advice in his new book, Hot Commodities (Random House, 2005). His thesis is that the world is in the midst of a bull market in commodities. He believes that the…

  • Greenspan or Buffett? Asia Mulls Who’s Right

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    Even though his bet against the dollar cost him $310 million in the first quarter alone, Warren Buffett is sticking with it. Alan Greenspan seems less worried about the world’s top currency. Who’s Asia to trust when the two most revered U.S. gurus in this region are at odds? The issue is far from academic,…

  • E&P’s ‘i’ on the future

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    With nearly 70% of current global oil production flowing from fields more than 30 years old – and peaking or in decline – oil companies are increasingly focused on information technology’s role in helping the upstream industry face the ‘challenges and opportunities’ of the coming decade. [box]STREAMLINING OPERATIONAL PROCESSES THROUGH information management systems – now…

  • Oversold stocks now make investing your money easier

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    At last! The word oversold – market jargon for “too cheap” – is starting to reappear in analysts’ recommendations. This suggests investors are readjusting to the hefty share price falls of the past two months, and looking for bargains. We are also getting buy recommendations. Among stocks to score these last week were the ANZ…

  • Has Your Investment Portfolio Got ‘Alpha’?

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    NEW YORK – Frank Holmes, chairman, chief executive and chief investment officer of money management firm US Global Investors [GROW], has been on a hot streak, but isn’t afraid to share some of his success secrets with retail investors. With some of America’s top performing mutual funds under the care of his firm, Holmes revealed…

  • Not Energized by Bush’s Energy Bill

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    “President Bush Wednesday will propose new steps to increase domestic energy production, including incentives that could result in construction of nuclear-power plants and building oil refineries on abandoned military bases,” USA Today reports. “Oil prices have been rising because increased demand in countries such as China and India has made it difficult to keep production…