BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[The currency trade for 2008, as per Goldman Sachs]]>http://www.bloggingstocks.com/2007/11/29/the-currency-trade-for-2008-as-per-goldman-sachs/http://www.bloggingstocks.com/2007/11/29/the-currency-trade-for-2008-as-per-goldman-sachs/http://www.bloggingstocks.com/2007/11/29/the-currency-trade-for-2008-as-per-goldman-sachs/#commentsFiled under: , , , ,

Bloomberg ran an interesting article this morning. The article contained an interview with Jens Nordvig, a senior currency strategist in New York at Goldman Sachs (NYSE: GS). Nordvig said the top currency trade for 2008 will be to sell the U.S. dollar against a basket of Asian currencies, including the currencies of Malaysia, Singapore and Taiwan.

In the article, Nordvig cites two reasons why this trade should work next year:
  1. Asian central banks should allow faster currency appreciation to offset inflation in their home countries
  2. It is becoming costlier for the central banks to enter foreign exchange market
The Malaysian, Singaporean and Taiwanese currencies will each gain about 5% to 10% against the dollar in the next year, according to Nordvig.

Zack Miller is the Managing Editor of IsraelNewsletter.com and a former equity analyst for a leading multinational hedge fund.

The currency trade for 2008, as per Goldman Sachs originally appeared on BloggingStocks on Thu, 29 Nov 2007 14:02:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bloombergcurrencygoldman sachsGoldmanSachsgsmalaysiasingaporetaiwanThu, 29 Nov 2007 14:02:00 EST<![CDATA[Malaysia boycott of Starbucks, Coke urged, warned against]]>http://www.bloggingstocks.com/2006/08/16/malaysia-boycott-of-starbucks-coke-urged-warned-against/http://www.bloggingstocks.com/2006/08/16/malaysia-boycott-of-starbucks-coke-urged-warned-against/http://www.bloggingstocks.com/2006/08/16/malaysia-boycott-of-starbucks-coke-urged-warned-against/#commentsFiled under: , ,

starbucksPolitical and religous groups recently requested a boycott of two high-profile US companies, Starbucks (SBUX) and Coca Cola (KO), in predominately Muslim Malaysia. The boycott seeks to protest "US failure to prevent Israel's military actions" against Hezbollah in Gaza and southern Lebanon. Organizer Jamarulkhan Kadir is quoted in the Agence France-Presse news service story saying that a similar boycott three years ago protesting the US invasion of Iraq made a "dent' in sales. Last time I checked, the US is still in Iraq.

In any case, Norman Fernandez writing to www.malaysiakini.com, urges Malaysians to strongly consider the national impact before participating in such a boycott. The US is Malaysia's largest trade partner and Fernandez sites that that trade relationship is valued at $44 billion a year (2005).

Michael Canfield is a private investor, a business and media writer, living in Seattle. He doesn't own stock in Starbucks.

Malaysia boycott of Starbucks, Coke urged, warned against originally appeared on BloggingStocks on Wed, 16 Aug 2006 18:07:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>boycottmalaysiapepsisbuxstarbucksWed, 16 Aug 2006 18:07:00 EST<![CDATA[Starbucks Malaysia: free WiFi, but the lattes are spendy]]>http://www.bloggingstocks.com/2006/07/19/starbucks-malaysia/http://www.bloggingstocks.com/2006/07/19/starbucks-malaysia/http://www.bloggingstocks.com/2006/07/19/starbucks-malaysia/#commentsFiled under:

Malaysia MapStarbucks (SBUX) has 400 stores in China, including 180 on the mainland. This, along with aggressive growth in Japan, might get the lion's share of attention, but the company also has a strong presence in Malaysia. Local subsidy, Berjaya Starbucks Coffee Co Sdn Bhd, opened its first in-country outlet in 1998 and just recently inaugurated its 69th. And the WiFi, available in some 40+ of the stores, is still free, a real value in a region where the internet is predominately accessed at pay-for-time internet cafes. Though to relatively high cost of Starbucks offerings for the average Malaysian consumer might make the price of that free web access somewhat prohibitive.

[Info on free WiFi via Wi-Fi Networking New].

Starbucks Malaysia: free WiFi, but the lattes are spendy originally appeared on BloggingStocks on Wed, 19 Jul 2006 09:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>free wifiFreeWifimalaysiaSBUXstarbucksWed, 19 Jul 2006 09:35:00 EST