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Why Money Is Flowing Into This Country ETF
Friday, May 26, 2017 - 12:21pm | 513The Global X MSCI Pakistan ETF (NYSE: PAK) is up 8.3 percent year-to-date, a solid performance among the single-country exchange traded funds dedicated to nations classified as frontier markets. PAK: Purely Pakistan However, Pakistan will not be a frontier market for long and the country's...
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More Encouraging Signs For The Pakistan ETF
Wednesday, March 15, 2017 - 1:12pm | 451Among ex-US investable markets, few are regarded as being as rough and tumble as Pakistan. However, Pakistani equity markets have rewarded investors for taking on the perception of increased risk. Over the past year, the Global X MSCI Pakistan ETF (NYSE: PAK), the lone U.S.-listed exchange traded...
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Here Is How A Trump Win Affects Pakistani Markets
Wednesday, November 9, 2016 - 11:42am | 270Donald Trump as U.S. president could mean “an overhaul in the US-Pak relations,” analysts at AKD Research said in a report. According to the report, “In this backdrop, Pakistan has done well by diversifying its foreign relations towards Russia and China’s ongoing ambitions...
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Meet Uber's Pakistani Rival
Monday, June 20, 2016 - 11:13am | 378As taxi hailing giant Uber enters Pakistan, it has to compete with a little-known local competitor Rixi, which targets low income residents and bets on autorickshaws not cabs. Reuters said the service hails rickshaws instead of cars. Its platform isn't smartphones, but older SMS phone...
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Today's National ETF Movers Explained
Wednesday, June 15, 2016 - 3:10pm | 233Gainers Pakistan: Global XMSCI Pakistan ETF (NYSE: PAK) is up 5.67 percent after receiving MSCI's Emerging Markets Index approval. Peru: iShares MSCI All Peru Capped Index Fund(NYSE: EPU) is up 2.15 percent after Kuzynski won Peru's nail-biting election. Philippines: iShares MSCI Philippines...
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Some Positive Indexing News For A Frontier Markets ETF
Wednesday, June 15, 2016 - 1:11pm | 484After the close of U.S. markets Tuesday, index provider MSCI Inc (NYSE: MSCI) released its annual market classification. Most investors awaiting the MSCI news were focusing on the index provider's decision on whether or not to include China A-shares in its emerging markets benchmarks, but there...
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It'll Be A While Before Saudi Arabia Gets An EM Upgrade
Monday, May 16, 2016 - 8:09am | 497The iShares MSCI Saudi Arabia Capped ETF (NYSE: KSA), the lone exchange-traded fund dedicated to stocks in the Gulf Cooperation Council (GCC) nation, is down nearly 1.1 percent year-to-date, a disappointing performance when noting the United States Brent Oil Fund, LP (NYSE: BNO) is higher by 19.5...
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The International Paris Air Show: What Deals Have Been Made?
Monday, June 15, 2015 - 1:31pm | 352The International Paris Air Show, the largest and longest-standing aerospace trade show in the world, is under way for the 51st time. The action will take place between Monday and Saturday of this week. Here's what's rumored to be happening. Narrow-Body Jets Boeing Co (NYSE: BA) and...
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These Awesome Charts Highlight Just How Diversified (or Homogeneous) Some Nations' Exports Are
Friday, April 12, 2013 - 3:36pm | 136Ever wondered what the leading exports of Antarctica or North Korea or the Solomon Islands are? Well you've come to the right place. Courtesy of the Wikimedia Commons and the Observatory of Economic Complexity, Benzinga has compiled an array of export tree maps from countries and regions around the...
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Don't Blame Bush for Obama's Failures
Wednesday, August 31, 2011 - 10:08am | 689I get a dizzying sense of déjà vu whenever I hear what's left of President Barack Obama's supporters blame the current state of the economy on former President George W. Bush. As the U.S. economy fell into recession early in Bush's presidency, many Republicans put the blame on former President Bill...
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How to Profit from Improving Relations between India and Pakistan
Wednesday, July 27, 2011 - 10:02am | 447Indian Foreign Minister S.M. Krishna and his Pakistani counterpart Hina Rabbani Khar met on Wednesday to discuss a range of issues. Although no major political breakthroughs have come from the meeting, the two sides plan to improve trade and travel conditions between the two long-term antagonists...
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Plane Crash In Pakistan, No Survivors
Wednesday, July 28, 2010 - 9:03am | 162A horrific plane crash in Pakistan yesterday killed all 152 passengers on board. Rescue teams were immediately sent to the crash site, as army helicopters looked over the Margalla Hills to determine if there were any survivors. Nadeem Ahmad, who is the head of the National Disaster Management...