Investing in vietnam stock market

Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a $250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation. The investment is Hyundai's biggest-ever in an auto-tech firm, yet is smaller than those made by others including Toyota Motor Corp. Nevertheless, it underscores a shift in strategy at a South Korean conglomerate that has typically shunned partnerships in favor of developing its own technologies. Hyundai and affiliate Kia Motors Corp will launch pilot electric vehicle (EV) projects in Southeast Asia next year, starting with Singapore, where 200 EVs will be leased to Grab drivers, Hyundai said in a statement. It said the project will later be expanded to countries including Malaysia and Vietnam, where markets for traditionally powered cars are dominated by Japanese rivals. The move comes as Hyundai battles sluggish sales in its two biggest markets, China and the … [Read more...] about Hyundai raises Southeast Asia bet with second investment in Grab

By Leonid Bershidsky Bloomberg Sat., June 9, 2018 At first look, it seems too obvious to need saying: Long after a Communist regime’s fall, people who lived under communism remain different from those who didn’t. It’s possible, however, that the differences between them have even deeper historical roots than merely the Communist experience. In a recent paper, Christine Laudenbach of the Goethe University in Frankfurt; Ulrike Malmendier of University of California, Berkeley; and Alexandra Niessen-Ruenzi of the University of Mannheim show using German brokerage data that east Germans’ financial behaviour is still, in part, determined by their past in the German Democratic Republic (GDR). The investing environment for them and their West German peers is exactly the same, and so are the financial literacy levels of those who become brokerage clients. But the easterners are less likely to put money in the stock market or take risks on margin, and … [Read more...] about Why do East Germans invest and vote differently?

Most Southeast Asian stock markets rose on Monday, mirroring gains on Wall Street last week and as expectations of higher corporate earnings buoyed sentiment, with Thailand hitting a record high. Asian shares ex-Japan crept toward all-time peaks, with brisk economic growth and benign inflation adding to the risk appetite, while US stocks notched their best weekly gains in more than a year on Friday, as technology stocks helped lift major indexes to records. In Southeast Asia, with earnings season coming around, there is positive expectation for first-quarter earnings, said Joel Ng, an analyst at KGI Securities in Singapore. Thai shares rose as much as 0.7% to hit a record high, and were on track for a fifth session of gains. Financials and industrial stocks gained, with Kasikornbank PCL up 1.2% and Airports of Thailand PCL climbing 3.1%. Singapore climbed to its highest in nearly 32 months, driven by financial and industrial stocks. Real estate firm CapitaLand Ltd rose … [Read more...] about Thai stock market hits record high