November 22, 2015
A change of government looks like offering the hard-pressed wine industry a ray of hope.
January 6, 2015
Credit Suisse Group AG and Barclays Plc recommend investors buy the nation’s foreign-currency debt securities as elections in October are likely to usher in a government that will revive the economy and repair relations with creditors.
January 6, 2015
Here are five places where you could get a great deal on a second home in the sun, a holiday escape that you could rent out when you're not using it yourself, or retirement digs all your own in the Shangri-la that's calling your name. Each of these places also qualifies as a top retirement option for 2015...consider vineyard opportunities, specifically in Mendoza, one of the best places in the world to embrace life among the vines.
January 5, 2015
According to Knight Frank’s Global Vineyard Index 2014, wealthy Asians are broadening their search for wine estates, driving major price hikes. The price of a “lifestyle” vineyard – that is, between 2-15 hectares in size – rose by an average of 4.5% in the year to June 2014.
December 19, 2014
Argentina's central bank chief, Alejandro Vanoli, said on Friday that the government would look to begin gradually normalizing its currency exchange market in 2015.
December 18, 2014
Brevan Howard, one of Europe's biggest hedge fund managers, has launched a fund to invest in Argentinean assets, a filing with the Securities and Exchange Commission showed.
October 29, 2014
Japanese automaker Honda said it plans to invest 250 million pesos ($29.5 million) to launch production of its new HR-V mini SUV in Argentina.
October 29, 2014
Argentina's ongoing debt worries and soaring inflation might be scaring some investors away, but those very factors make the South American country appealing, Mark Yusko, head of the $4 billion Morgan Creek Capital Management, said on Wednesday.
October 25, 2014
Some sophisticated hedge funds see an opportunity as the political leadership changes in 2015. It’s much too early for most investors.
October 24, 2014
South Korean multinational Posco will invest $230 million in a lithium mining project in the northwestern Argentine province of Jujuy, Cabinet chief Jorge Capitanich said Friday.
October 19, 2014
A multibillion-dollar currency swap between Argentina and China will launch in November, bolstering the South American country's diminished foreign reserves, the central bank chief was quoted as saying in a local paper on Sunday.
October 14, 2014
Argentina could be the forefront of the next shale oil revolution, according to a report Morgan Stanley published today. Of all the areas analyzed, the Latin American country displays the most favourable conditions, and the lowest investment costs.
October 8, 2014
Brazil’s PTG Pactual Bank and the China Construction Bank are at the forefront of the initiative to buy up the 1.6 billion dollars of debt which Argentina owes “holdouts” NML-Elliott and Aurelius, according to a report from Buenos Aires Ambito Financiero, the country's leading financial newspaper.
September 10, 2014
Argentina's Merval Index (MERV) has skyrocketed almost 100% this year -- the highest of any stock market in the world. It includes many of the largest companies in the country such as Telecom Argentina and Energy Petrobras, along with banks and a steel maker.
August 31, 2014
The holding company behind the rapid expansion of the Starbucks coffee shop franchise has announced plans to invest a futher US$ 20 million in Argentina in 2015 as part of an expansion plan.“In 2015 we hope to open about 20 new Starbucks and Burger King storefronts, with an investment about of US$20 million and above else, the creation of about 1,000 jobs,” said Fabián Gosselin.
August 16, 2014
George Soros’s 28 billion family office boosted its stake in YPF SA, making Argentina’s largest oil company its biggest U.S.-traded stock holding in the second quarter. Soros Fund Management LLC added 8.47 million shares of YPF, according to a regulatory filing Thursday, bringing its total position to 3.5% of the company’s American depositary receipts.
August 15, 2014
George Soros’s $28 billion family office more than doubled its stake in YPF SA, making the state-controlled oil producer its biggest U.S.-traded stock holding two years after Argentina seized control of the company.
August 11, 2014
Recently, investor attention has been drawn to a less-familiar South American country — Argentina. With a seemingly certain default looming, concern is that the contagion will spread to other bond and equity markets. Just how grim is the situation though? Most media outlets have painted a very bleak picture for Argentina's future, but in reality, things may turn out better than expected.
August 7, 2014
Investors added $24.6 million to the only Argentina-focused exchange-traded fund in the last three weeks, tripling its size amid speculation the country will weather the fallout from its second default in 13 years.
July 31, 2014
Some of the world’s largest hedge funds have been snapping up Argentine stocks, betting on an economic recovery in the country even though it defaulted on its debt for the second time in 13 years.