Articles By Hao Li

From Global Markets Apr 25, 2012

U.S. Stock Market Valuation Already Too Rich: Experts

Just three years into the bull market and in an environment of low interest rates and subdued sentiment, the U.S. stock market's valuation is already too rich, say asset management firm GMO LLC's Ben Inker and other investment experts.

From Economy Apr 21, 2012

Government Bailout Hopes Revive Global Markets Again

Hopes of government-sponsored bailouts rescued global markets once again this week, sending equities higher worldwide on Friday.

From Economy Apr 21, 2012

IMF Eyes BRICS To Meet $400B Fundraising Goal

The International Monetary Fund is eyeing Brazil, Russia, India, China and South Africa, a bloc of countries commonly known as BRICS, to meet its goal, set by the institution's managing director Christine Lagarde, to raise at least $400 billion of additional funds to safeguard the global financial system against the euro zone sovereign debt crisis.

From Economy Apr 20, 2012

European Economic Data Tops Expectations, Boosts Markets

European economic data released on Friday topped analyst expectations, giving a boost to the region's stock markets.

From Global Markets Apr 20, 2012

Spanish Stock Market Plunges Near '09 Low, Fears Reignited

The Spanish stock market plunged on Thursday, closing just 1.3 percent above its March 2009 low and reigniting fears about the euro zone sovereign debt crisis and the weak U.S. labor market.

From Companies Apr 20, 2012

Bank of America Profit Falls On Charge

Bank of America Corp. (NYSE: BAC), the second largest U.S. bank by assets, said its first-quarter earnings fell 68 percent due to a $4.8 billion accounting charge related to debt valuation.

From Companies Apr 19, 2012

Freeport-McMoRan, Hit By Labor Disputes, Reports Lower Earnings

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), the world's largest publicly-traded copper producer, reported lower first-quarter profits as production and sales fell at its giant Indonesian mine due to sometimes violent labor disputes. But results beat analyst expectations and shares jumped.

From Companies Apr 19, 2012

Cameron To Acquire TTS’ Drilling Equipment Biz For $270M

Cameron International Corp. (NYSE: CAM), a provider of flow equipment products, systems and services to the energy industry, has reached a deal to acquire Bergen, Norway-based TTS Group ASA's (OSE:TTS) drilling equipment business for $270 million plus additional payments for three years based on their revenues.

From Gold Apr 19, 2012

Gold Prices Set To Rise: World Gold Council

While chances of a third round of U.S. money-printing quantitative easing measures, or QE3, have dimmed, the World Gold Council, or WGC, remains positive on the yellow metal's outlook due to its international appeal and value in hedging against inflation and deflation.

From Global Markets Apr 19, 2012

Natural Gas Outlook: It’s Like Buying Gold In 1997

Investment guru Jeffrey Gundlach's natural gas outlook for the long term is extremely bullish despite recent depressed prices, even as futures on the fuel breached a 10-year low on Wednesday.