Economy

High Price Attracts Hedge Funds

by

KazatompromUranium is currently trading at prices not seen for months, and appeals to speculative investors like hedge funds to get started. As the U.S. consulting company Ux Consulting tells in her latest monthly report, yellow cake listed for immediate delivery was the third consecutive week at more than 48 dollars per pound (454 grams). Compared to the low of March 2010 is a price increase of 19 percent.

Given the low interest rate environment, professional investors speculate on the search for yield except with classics such as stocks , bonds and gold, more with exotic plants. Therefore flow for months billion in agricultural commodities and push up prices there to the highest levels in years.

Even six years ago hedge fund registration on the uranium market was active , as prices increased for the radioactive element into the flight over went and to the end of 2006 by more than five times . In 2007 it doubled the price again and in June of this year a record high reached of 136 dollars a pound .

The price rise had accelerated at the time, after governments put around the world to nuclear energy in the hope of reducing their dependence on fossil fuels and reduce emissions. In May of this year, said the uranium sector of the mining group Rio Tinto with the increasing use of nuclear power in India and China will see to it that the demand for fuel will remain strong.

According to UXC CEO Jeff Combs , the main difference to the situation in 2004 is that today more uranium is on the market. In Kazakhstan , where the world’s most of uranium promoted to the ejection 2003-2009 more has than quadrupled , as demonstrated by figures from the World Nuclear Association. They also show that the flow in the second- largest producer, Canada has hardly changed since 2003 . The Kazakh government mining company Kazatomprom plans to expand 2010 production by 29 percent to 18 000 tonnes, by 2016 it will even increase to 25 000 tonnes.

Deloitte Grows in Asia

by

Revenues in Asia Pacific grew 9 percent, making it the region with the fastest growth for the sixth consecutive year. Korea and India are part of the member firms that have grown over 20 percent. Deloitte China has grown by 8 percent. The market share of the Fortune Global 500 rose 2 percentage points in the Asia-Pacific. The Deloitte member firms have also contributed to the achievement of some of the largest IPO on the markets.

Investments in Fixed Assets Rose 24.8% from January in China

by

Fixed Asset Investments in China during the first eight months increased by 24.8% yoy to reach 14,100 billion yuan, the National Bureau of Statistics (NBS) said on Saturday.

The growth rate was 0.1 percentage point lower than that for the first seven months.The investments in the state and controlled by the state rose 20.0% to 5850 billion yuan.

Investments in the property market rose by 36.7% to 2,840 billion yuan during the first eight months.

Investment in projects of the central government rose by 11.4% to 1120 billion yuan, while investment in projects of local governments increased by 26.1% to 12,980 billion yuan during the first eight months .

Foreign investment rose 2.5% to 488.7 billion yuan from January to August over a year. Investment from Hong Kong, Macao and Taiwan rose 15.8% to 445.4 billion yuan. The domestic business investment rose by 26.3% to 13,110 billion yuan.

The Foreign Investment Fund Targeting the Domestic Private Firms

by

The Fund for Southeast Asia ( ASEAF ) , created by Aureos ( Aureos Capital) , has decided to invest 4.2 million dollars in the stock company of the digital world Anh Tran .

“Vietnam is a country with a young population. Demand for electronic products, including computers, will see a sharp increase in times to come. We have chosen the company Tran Anh after careful studies of its business strategies and management,” informed Dô Doan Kien , head of representative office of Aureos Capital in Vietnam. Following in the footsteps of Aureos Capital, Vietnam Azalea Fund, a fund within Mekong Capital, has spent $ 9.1 million to repurchase 2.7 million shares (6.7% of capital ) of the Joint Stock Company Nam Long Investment.

For its part, VinaCapital Vietnam Opportunity Fund (VOF) has invested approximately $ 15 million in premium , a private group specializing in the production of tiles sanitary . Ditto for the repurchase of 7.5 % stake in Dragon Capital.

Mekong CapitalMany foreign funds are committed to investing in private companies . Mekong Capital said that it will create a new fund (Mekong III ) from 150 million this year to participate in the capital of non-state joint stock companies in Vietnam. Having made the investment in the company Tran Anh ASEAF mobilize capital to increase its share capital by 250 million dollars . SMEs are the target. “Vietnam is one of our six strategic markets for investment , ” said Doan Kien Doh , head of the representative office of Aureos Capital. “Within 10 years , Vietnamese companies will become the leading emerging companies in Southeast Asia. Private companies operating in many business sectors in Vietnam are helping to create investment opportunities for foreign funds,” said Paul Coleman, financial expert from Price Waterhouse Coopers Vietnam .

Oman Investment Fund – Indian capital of 1.5 billion dollars

by

OmanMinister of National Economy and Deputy Chairman of the Financial Affairs and Energy Resources Ahmed bin Abdul Nabi Makki tomorrow ‘s visit to India to sign the final agreement with the Indian Oman Investment Fund – worth 5.1 billion dollars.

An official source in Oman to Kuwait News Agency (KUNA) , who preferred anonymity said that the Fund will provide support for bilateral trade and joint investment between the two countries , pointing out that the agreement would help both countries to ensure the financing of a number of projects.

He added that the Sultanate will be the first Gulf country to sign a joint investment fund agreement with India and will have a significant economic Mrod between the two countries during the coming years.

The agreement was reached during the visit of Indian Prime Minister of the Sultanate in 2008 where they signed a memorandum of understanding between the two countries to be an initial capital fund of 100 million dollars.

The Fund would be managed by the Reserve Fund of the Sultanate is the investment arm of the Sultanate and the Bank ( State of India).

India is one of the top trading partners of the Sultanate , where the volume of trade exchange between them 5.2 billion dollars

Zhang Yun Inspires Investors in China

by

Agricultural Bank of China Governor Zhang Yun:

The Agricultural Bank of China will participate in the strategic placement of investors in their respective areas of expertise to lead at their technological level and rich management expertise. I believe these investors that join the Bank will help promote sound corporate governance, improve internal control standards , improve existing products , technologies, and improve staff quality.  This will help our world-class banks to move , and ultimately enhance our value .

Nifty climbed at 5312 , Sensex up 167 points

by

Indian stock market’s key index was down today and closed with gains after some downs . Nifty crossed the psychological level of 5,300 . FMCG , oil – gas and auto sector stocks most shopping trend .

Sensex 167 points ie 0.95 % on 17 701 ‘s with the strength . 1:07 % ie Nifty 56 points to 5312 with the increasingly close. NSE CNX Midcap index of the medium is the weakness of 0.77 % . BSE Midcap Index 0.46 % and 0.44% at BSE Smulcape getting stronger .

Negative signals from Asian stock markets among the major indices of Indian stock market this morning began within minutes of the opening the Sensex market and Nifty. The latter slipped to 5210 . However, before business hours Sensex – Nifty recovered from their early fall to get into the green. Then in the early hours Sensex – Nifty went up a limited scope – then down .

SUN Hong-Tao Dong: World Has 3-5 Years of Deleveraging

by

China- According to investment financial specialist SUN Hong-Tao Dong, the most important global macroeconomic changes of the global economy are entering a long period of deleveraging. In China the deleveraging process will continue for 3-5 years , at least to 2012. The European economy the deleveraging process will be longer with some estimated it to last 5-10 years. The deleverageing process has long term implications for Chinese stock markets.

One implication is that low-income groups in proportion to the national income distribution will gradually rise. The  low-end Chinese consumer goods and services will be the biggest winner in the next few years the stock market .

Policy Debate and Economy in Japan

by

The business community that the official election policy debates are closely watching the 24th . Yonekura Hiromasa Nippon Keidanren said, “We seek serious and responsible political debate “and said in a statement , when it comes to specifics of economic policy .

Future growth strategy and tax and fiscal reforms in spite directly related to business activities shall Naoto Kan government ” a strong economy , strong finances , a strong social security ” is not yet fully drawn toward the realization of the path Because there are complaints .

Sakurai Mitsumasa the Chairman of the Association of Corporate Executives for government fiscal management strategy ” does not indicate the specific content of tax reform , ” the report said. Economic growth strategy in the ” policy debate should be deepened to provide concrete measures for growth, ” he said.

Even Japanese Chamber of Commerce Chairman Okamura Tadashi , ” hopes to deepen the national debate over race in earnest , ” and issued a statement .

However , there were also concerns about world economic instability in the Japanese government has repeatedly change during the LDP prime minister in less than a year . Nippon Keidanren officials , ” they misspent time is spent on various procedures associated with change . shelf bleaching becomes important bills in the National Assembly would also late of the joint international expansion, “he said .

Kan inauguration , just came out of politics and policy dialogue momentum was cold , the business community is ” long-term stability of the regime should ” also reveals the real intention and direction.