Asia Stocks-Thai stocks underperform on political worries
* Asian markets took cheer on Tuesday after Wall Street rang up more records and upbeat U.S. spending data burnished the outlook for the global economy, with Japan’s Nikkei hitting a 2013 high after Tokyo markets opened after a holiday. * U.S. stocks climbed on Monday, with the Dow and S&P 500 advancing to all-time highs as a distribution deal by Apple Inc with China Mobile boosted the technology sector. * Foreign institutional investors were buyers of 1.35 billion rupees ($21.78 million) http://www.todayhotstocks.com in Indian shares on Monday, exchange data shows.
Apple and China Mobile strike deal; Healthcare deadline; Tiffany & Co. to pay damages
5, it very well could be that suddenly DryShips can get a better deal on a loan to reduce its $180 million+ annual interest payment because of DryShips’ Ocean Rig good collateral asset. And speculation that DryShips will be able to grow out of its interest expense any time soon is just that, speculation. The top-line growth and margin would have to grow disproportionately higher than what global trade has to give in 2014. The World Bank and International Monetary Fund forecast global growth for next year to reach 3.0% and 3.6%, respectively.
3 Hot Shipping Stocks For 2014–And 2 To Avoid
17, extending Friday’s 0.9 percent loss. Profit taking further derailed Malaysian shares, one of the region’s outperformers this year. Kuala Lumpur’s composite index fell for a fourth session, down 0.3 percent at 1,832.86, coming off a record close of 1,850.90 hit on Dec. 17. Affin Investment Bank rated Malaysian stocks “overweight”, putting 2014 index target at 1,980 based on its forecast earnings per share growth of 12.3 percent for 2014.
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