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Warren Buffett's Investment Advice: Buy Things That Make More Things
"The Oracle" comes down from on high this month, to deliver his annual wisdom to the shareholders of Berksrhire Hathaway, and naturally people want to know: Where does Warren Buffett put his money? Buffett gave a sneak peak of his annual shareholders letter to Fortune, and the advice — once you cut through the econo-speak — is pretty simple: Invest in things that make other things.
Read more...China to make Shanghai global yuan hub by 2015
SHANGHAI (Reuters) - China intends to establish Shanghai as the global centre for yuan trading, clearing and pricing over the next three years as part of broader plans to make the commercial hub an international financial centre by 2020. The plan for Shanghai's financial innovations through 2015, published jointly by the country's economic planning agency and the Shanghai government on Monday ...
Read more...AUDIO: Europe must do 'real' business
Malaysia's former Prime Minister Mahathir bin Mohamad says Europe needs to produce 'real' goods and services, not rely on the financial sector
Read more...Euro Refuses Trend after Greek Announcements, ECB Decision Up
The dollar doesn’t move under its own power. It reacts to strong fundamental cross winds. That said, those trading the majors should be on high alert for catalysts and major trend shifts.
Read more...'Europe is poor so should live within its means'
Time to learn from Asia and cut the cloth accordingly says Mahathir Mohamed
Read more...China outlines plans to turn Shanghai into global money hub
SHANGHAI, Jan 30 – China laid out more specific plans to turn Shanghai into a global financial centre by 2020, listing a series of targets for the next three years to make the city a hub for yuan trading. The plan for Shanghai’s financial innovations through 2015 included establishing the central bank’s daily yuan fixing and the government-backed ...
Read more...China Plans to Turn Shanghai into Global Money Center
China laid out more specific plans to turn Shanghai into a global financial center by 2020, listing a series of targets for the next three years to make the city a hub for yuan trading. The plan for Shanghai’s financial …
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