Prominent hedge fund manager Kyle Bass' call that a China banking crisis is imminent is already getting push-back, with Deutsche Bank calling it unlikely and exaggerated. "We think the article basically referred to a hard-landing scenario, for which our economist only assigns 20 percent probability in 2017-19," China bank analysts at Deutsche Bank said in a note Thursday. Bass, who is famed as one of the few major investors to correctly call the U.S. subprime housing collapse that kicked off
Even the combined brains of the biggest gold dealers, refiners and investment bankers failed to imagine just how much the precious metal would soar this year. Two months into 2016, prices have surged past three-quarters of the peak forecasts in a mid-January survey by the London Bullion Market Association, whose members operate in the largest spot market for the metal. Gold has outperformed every commodity this year, as well as most equity and bond markets, after falling for three straight years. Inve
In this otherwise grim market, one industry that's poised to break through the shackles of the bears is the medical device industry, which was recently buoyed by news of the two-year suspension of the special tax on medical devices. According to the Congressional Budget Office, this tax suspension could translate to savings to the tune of $5 billion for the medical device industry. Taking a cue from this development, we've rounded up three top-quality stocks in the medical device industry that can
Gold surged the most in a year as investors sought a haven from tumbling stock markets amid expectations that the Federal Reserve will delay raising interest rates. The metal jumped as much as 3.8 percent to a year high. The rout in European equities deepened after Fed Chair Janet Yellen on Wednesday suggested that the central bank might delay planned rate increases in response to recent turmoil in financial markets. Bullion has gained 17 percent this year, making it the best-performing commodity. The outlook
Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oilsands production going and safeguard the billions already invested in these multi-decade projects. Companies including Husky Energy Inc, MEG Energy Corp and Pengrowth Energy Corp are selling assets or slowing light and conventional oil exploration and production, even as they forge ahead with oilsands projects that are in many cases bleeding money on every barrel. Al
China's role as a big oil consumer has become a crucial factor in energy markets in recent years. Now, its role as a major producer is gaining attention as well. China is among the world's top five oil producers, but its fields are growing depleted and are increasingly expensive to pump. The country's leading companies are choosing to leave more of their oil in the ground and some analysts now say Chinese oil output may have peaked. Cnooc Ltd., China's third-largest oil producer--which pro
U.S. crude prices jumped as much as 13 percent on Friday after a report once again suggested OPEC might resort to a production cut to reduce the world glut, and resilient stock market... Full Story
is pleased to release the final exploration results on the Manto Dorado Raise-215 and its lateral extensions at Tumipampa. Average gold, silver and copper grades found in the Raise ... Full Story
The world is in RESET mode. Yellen bombed. There's "less supportive evidence" s... Read More
We wrote on Friday about Hope and Gold. That's the ultimate Risk Off trade. We ... Read More
China has recently struggled to shore up the yuan amid hefty capital outflows. Reserves data ... Read More
NAI500 is delighted to spend some time with the CEO of Cohbar Inc. (TSXV:COB.U), one of the emerg... Read More
The evidence is mounting: Resverlogix Corp.'s first-in-class, epigenetics-based drug cand... Read More
Volatility is the nature of the biotech beast, and it must be tamed or utilized to advantage. Tha... Read More
The year of 2015 completed with a flurry of deals and news that trigger our thoughts for what to look for in 2016. While the volatility of Chinese stock market still very much i... Read More
NAI500 comment: ——Obama has formally rejected the Keystone XL Pipeline proposal which would have built a 1,179 mile crude oil pipeline from Canada to US refineries. &mda... Read More
NAI500 Comments: i. The Chinese government is heavily focused on the health of its citizens as shown by its decision to build 7,500 public hospitals through the private sector over the... Read More
Imprimis Pharmaceuticals is a specialty pharmaceutical company focused on the development and com...
Replicel Life Sciences Inc is a clinical stage bio-pharmaceutical company engaged in developing a...
Rock Energy Inc is engaged in the exploration, development and production of crude oil and natura...