Archive | June, 2010
World Cup: Soccer fever comes to South Africa
With less than two weeks to go before the opening match of the 2010 FIFA World Cup, and the Super 14 rugby season having just ended, football (or soccer as we call it) has now moved to centre stage in South Africa. I will be attending the opening match on June 11 between Mexico and [...]
Continue reading...Value emerges in Asian stock markets, but beware of catching a falling knife
1 June 2010 – 3:42 am PDT
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As stock markers correct, the valuation of Asian equities has been driven down to historically attractive levels, with the price/earnings ratio (based on profit in the next 12 months) falling below the 15-year average by one standard deviation. “History suggests that oversold situations like this usually harbinger positive market returns in the next 12 months,†[...]
Continue reading...Best of Money Carnival
1 June 2010 – 2:32 am PDT
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It’s my pleasure to host the first annual edition of the Best of Money Carnival, the blog carnival that recognizes the top 10 personal finance posts each week. Yep, we’re celebrating one year of carnivals this week! Let’s get right to the good stuff. Here are the ten best personal finance posts (IMO) submitted for [...]
Continue reading...GM Makes New Investment of R$700 Million (US$386 Million) in Brazil
1 June 2010 – 2:15 am PDT
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General Motors do Brasil is investing a R$700 million (US$386 million) for the development and production of a new Chevrolet model at the São Caetano do Sul plant, which is located in the state of Sao Paulo. This represents the completion of a GM investment plan of more than R$5 billion (US$2.8 billion) within the [...]
Continue reading...Consortium Develops Automotive Carbon Fiber Material as Easy to Process as Metal
1 June 2010 – 1:55 am PDT
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Nikkei. A consortium including the University of Tokyo, Toray Industries Inc., and Mitsubishi Rayon Co. ( has developed a new automotive carbon fiber material that is as easy to process as metal. The developers reckon that it can be made into a wide variety of components, including bodies and engine parts. The consortium will work [...]
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1 June 2010 – 3:48 am PDT
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