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August 19, 2006

Ninetowns, One Lesson

Investors chasing China’s red-hot economic growth should heed the moral of Ninetowns’ (Nasdaq: NINE - News) story. A year ago, the software company was poised to be the next great Chinese growth stock. I bought in, tantalized by the possibilities of the provider of import/export software.

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Canadian Stocks Decline the Most Since 2004 Amid Global Selloff

Feb. 27 (Bloomberg) -- Canadian stocks dropped the most in almost three years, after a plunge in the Chinese stock market caused a global equities selloff. Click here for more info

NYSE floor trading fate is in hands of technology

World Markets Continue Tumble

Turbulence roiled world stock markets again Tuesday, with Asian stocks down for a second day on fears of recession in the US

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