• A Singapore for Every Occasion

    By Nick Slepko - February 19, 2013 | Tickers: BIDU, CMGE, ASEA, LSE, EMG, S68

    The Singapore Exchange (SGX: S68) is Asia’s most internationalized exchange with more than 40% of its 777 listed companies originating outside of Singapore (and over half of its foreign listings coming from countries other than China).  The SGX is the world’s biggest offshore market for Asian equity futures, and are centered on Asia’s three largest economies – China, India, and Japan.  Nels Friets, the SGX’s Senior Vice more »

  • Alcoa Struggles While Chalco Expands in Indonesia

    By Peter Pham - December 28, 2012 | Tickers: AA, ACH, ASEA, RBL

    Alcoa’s (NYSE: AA) stock fell by almost 3% on Wednesday 19th December after Moody’s started a review of Alcoa’s downgrade after a year over year 22% slump in aluminum prices in the third quarter. The company’s current rating is Baa3, i.e., one step away from "junk." Alcoa has cut its smelting capacity by 12% and expects to incur restructuring charges of ~$160 million in more »

  • SE Asia Hydropower Growth Vital but Unbalanced

    By Peter Pham - November 13, 2012 | Tickers: ASEA, THD, VNM

    While the world’s attention was diverted from the reforms in Myanmar to Hurricane Sandy in the U.S., the little known landlocked communist country Laos--with a population of just 6.4 million and one of the least developed countries of the world -- was finally able to secure itself a place in the world trade organization (WTO) after it applied for membership some 15 years ago. Meanwhile, the Asian Development more »

  • The Road to Myanmar

    By Peter Pham - October 18, 2012 | Tickers: XOM, GE, ASEA, THD

    Thailand’s largest oil and gas firm, PTT Pcl, which has significant representation in the MSCI Thailand Investable Market Index Fund (NYSE:THD), is moving into Myanmar’s oil retailing by partnering with a local firm. The country recently opened its doors to foreign investment, following the cessation of US trade sanctions after 60 years. Presently, PTT is involved in upstream oil operations in Myanmar.  According to reports, the company more »

  • Banking on Asia's Growth

    By Peter Pham - July 10, 2012 | Tickers: BCS, ASEA, GS, EWM, EWS

    Last week I began a rundown of the iShares MSCI Singapore ETF (NYSEMKT: EWS), highlighting three of the principle holdings of the fund to acquaint investors with one of the most important centers for growth in the coming years, as well as one of the most important financial centers in the world.  

    Since this week the West was rocked by the fraud perpetrated by Barclays (NYSE: BCS) over the fixing more »

  • The Financial Road to Singapore

    By Peter Pham - June 27, 2012 | Tickers: ASEA, HYG, LQD, EWS

    Looking over the financial landscape today it is obvious that we are entering a phase of capital flight from the West towards the East.  It has been my contention that there are a number of recipients of this wealth transfer but the main ones at this point in time look to be Japan and Singapore.  I’ve covered what I think it happening in Japan right now previously, but suffice more »

  • HSBC & Jim Rogers – The Siegfried & Roy of the Asian Tigers

    By Nick Slepko - June 21, 2012 | Tickers: ASEA, HSBA, HBC, RJI, RJA

    The global banking group HSBC (LSE: HSBA)(NYSE: HBC) may be the single best stock for investors interested in emerging Asia (or even emerging Everywhere).  However, for those wanting to avoid the headache of worrying about specific companies being able to execute (and less inclined to study the Dark Arts of BFSI accounting) – or for Americans legally denied the right to invest in some Asian economies by the US government more »

  • The Future of ASEAN

    By Peter Pham - April 19, 2012 | Tickers: ASEA, FXI, EWS, THD, VNM

    Now that the 20th annual ASEAN Summit is passed and the diplomats have all gone home I thought it would be a good time to look at the current state of things in Southeast Asia.  ASEAN is moving rapidly towards the Asian Economic Community (AEC), which they desire to be in place by 2015.  The AEC will be an inter-regional free trade zone as well as having strong integration more »