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Market News

Location American Market News for 27 November 2013

Turning $1,000 Into $42 Million

Forbes - 27 Nov 2013 15:10
Lucien oozed his Maine farm boy origins.
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Asia, and China in particular, has been touted as the driver pulling the crisis-infested developed world away from the brink of a global financial cliff. But from now on, the opposite could be true.
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Art Auctions Are Transparent Markets. In Theory. The increase in third-party and auction house guarantees was a hot topic at Skate's International Art Industry Forum last week.
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(Kitco News) - Comex gold futures prices lost their early gains and ended the U.S. day session slightly lower Wednesday. The key ?outside markets? turned bearish for the precious metals as the trading session progressed...
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Why It May Not Be The Most Wonderful Time Of Year For Retailers Holiday Shopping Season 2013 is upon us, but a new report says retailers expecting great results should temper their expectations
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The Most Wonderful Time of the Year!

Forbes - 27 Nov 2013 21:09
The Most Wonderful Time of the Year! Thoughts on the most seasonally favorable time of the year.
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6 Reasons For Index Fund Investors To Give Thanks There are many things for index fund investors to be thankful for. Here is a short list of thanks for index fund investors to remember when they're sitting around the Thanksgiving Day table enjoying some of the benefits ...
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Turning Wealth Into Income

Forbes - 27 Nov 2013 19:26
No retiree ever wants to run out of money. Creating a reliable and sustainable stream of income from their accumulated wealth is their first and most important objective.
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Oil falls below $111 on increase in US crude stocks

livemint.com - 27 Nov 2013 18:55
Oil falls below $111 on increase in US crude stocks Brent crude oil fell 32 cents to $110.56 a barrel, after settling 12 cents lower on Tuesday
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German govt deal lifts euro, helps stocks

livemint.com - 27 Nov 2013 18:14
German govt deal lifts euro, helps stocks Euro at four-year high against yen; markets wary over rising tension in East China Sea
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Is Now the Time to Buy Gold?

Forbes - 27 Nov 2013 17:35
Is Now the Time to Buy Gold? Another day of stock market gains, as the Nasdaq 100 and Russell 2000 made new closing highs that have been confirmed by their Advance/Decline lines. The Dow Jones Industrials made a new closing high by 20 cents. The S&P...
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Black Friday, Cyber Monday, and now Bitcoin Friday - in a bid to make the popular virtual currency mainstream and to encourage actually spending Bitcoins, a Bitcoin entrepreneur has organized the second annual Bitcoin Bl...
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(Kitco News) - Comex gold futures prices are moderately higher and seeing another upside technical correction and short covering following recent selling pressure that on Monday drove prices to a nearly five-month low. ...
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Mint50: Kotak Sensex ETF

livemint.com - 27 Nov 2013 15:17
Mint50: Kotak Sensex ETF It's a passively managed scheme that benchmarks itself against the Sensex
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DYK: transmission of ELSS units is subject to 1-year lock-in If a nominee has inherited equity tax-savings schemes, she could hit a wall
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Delayed advance tax will have interest implications

livemint.com - 27 Nov 2013 15:15
Delayed advance tax will have interest implications Up to 30% of estimated tax liability is payable on or before 15 September of the FY
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Don't Worry, Be Happy

Forbes - 27 Nov 2013 15:09
China is the only major country that will get old before it gets rich.
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365 Ways To Get Rich

Forbes - 27 Nov 2013 15:04
From the Forbes 2014 Investment Guide, wealth building tips to last you through the year.
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Top 10 Luxury Car Brands In China

Forbes - 27 Nov 2013 15:01
Top 10 Luxury Car Brands In China According to the 2013 World Luxury Index by the Digital Luxury Group, these are the global auto makers the rich Chinese want to drive.
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Finding The Next Samsung

Forbes - 27 Nov 2013 15:01
Finding The Next Samsung Braving Asia's massive consumer jungle in search of the next blockbuster stock, Mirae's petite portfolio manager, Joohee An, is leaving the benchmarks behind.
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Show Me The Money

Forbes - 27 Nov 2013 15:00
Show Me The Money James Koutoulas runs a small hedge fund that bets on grain and livestock futures. But his biggest score could be getting all of MF Global customers' money back.
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Temasek Goes to Bollywood

Forbes - 27 Nov 2013 14:43
An arm of Singapore's sovereign wealth fund, Temasek, has bought into India's thriving, flamboyant movie industry, known to the world as Bollywood.
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