Dalal Street is the name given to the financial district of Mumbai, India. It is also sometimes used to refer to the Mumbai Stock Exchange (BSE). The street got its name from the Gujarati word dalal, meaning “broker” or “dealer”. What are the 3 major stock markets? The three major U.S. stock markets are the … Read more
The European Sovereign Debt Crisis: Causes and Impacts of the Eurozone Crisis What are the causes of developing countries debt problem? The developing world’s debt problems can be traced back to the early 1980s, when many countries in the region began borrowing heavily to finance infrastructure projects and other investments. By the end of the … Read more
A country risk is the risk that a country’s political or economic conditions will adversely affect the value of an investment. Country risk can be divided into two subcategories: 1. Political risk: The risk that a country’s political conditions will adversely affect the value of an investment. Political risk includes the risk of expropriation, nationalization, … Read more
Berhad is a term used in Malaysia and Indonesia to designate a private limited company. In Malaysia, a Berhad company must have a paid-up capital of at least RM500,000 (approximately US$130,000). The term “Berhad” or “Bhd.” is often used in the names of Malaysian companies, such as Sime Darby Berhad and CIMB Berhad. What is … Read more
A sight draft is a type of draft that is payable as soon as it is presented to the drawee. This means that the drawee must pay the amount of the draft on the spot, or within a very short period of time. Sight drafts are often used in international trade, where one party may … Read more
The Transatlantic Trade and Investment Partnership (TTIP) is a proposed free trade agreement between the European Union and the United States. The stated aim of the TTIP is to “promote economic growth; support the creation and retention of jobs; enhance innovation, competitiveness and productivity; raise living standards; and promote sustainable development.” The agreement is being … Read more
A Canadian income trust is a type of unincorporated investment trust. Canadian income trusts are typically structured as limited partnerships, with a corporate trustee as the general partner and the trust’s beneficiaries as the limited partners. The trustee is typically a Canadian chartered bank. The key feature of a Canadian income trust is that it … Read more
Ring trading is a type of trading that occurs on the floor of a stock exchange. In a ring trading system, trading is conducted by a group of traders who stand in a circle (or “ring”) and shout out prices at which they are willing to buy or sell a particular stock. The price is … Read more
An autonomous investment is an investment made by a foreign entity in a domestic market that is not influenced by the government of the latter. The purpose of an autonomous investment is to earn a return on the investment, without the interference of the investing country’s government. Why autonomous investment is also known as independent … Read more
A gilt fund is an investment fund that invests in government bonds, also known as gilts. Gilts are debt securities issued by the government in order to finance its operations. They are typically issued for a term of 10 years or more and offer a fixed rate of interest. Gilt funds offer investors a way … Read more
