Mark Mobius News
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East African Breweries Ltd., Kenya’s best-performing stock over the past month, is poised to end a 29 percent rally that valued the nation’s biggest company at double that of the benchmark index, according to Contrarian Investing Kenya Ltd. and technical indicators.
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Brazil’s expansion will pick up as the country prepares to host global sporting events and the government changes its approach to economic development, investor Mark Mobius said.
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Nat Rothschild, dressed in a hooded sweater, jeans and hiking boots, perches on a cowhide sofa in his relatively modest chalet-style apartment in the Swiss ski resort of Klosters.
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Franklin Resources Inc., benefiting from the rising popularity of top-ranked bond manager Michael Hasenstab, is the best-performing stock in the money-management business.
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Sands China Ltd. is giving Shrek and Kung Fu Panda a home at its Macau gambling resorts.
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Casino companies in Macau, the world’s biggest gambling hub, will gain from expanding family entertainment as the city seeks to become China’s top leisure spot, said Templeton Emerging Markets Group’s Mark Mobius.
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South Korean equity valuations, dragged lower by rising tensions with North Korea and a weaker yen, are attractive amid “resilient” corporate earnings, according to Templeton Emerging Markets Group’s Mark Mobius.
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Russian stocks fell for a sixth day after worse-than-expected U.S. data and as Templeton Emerging Markets Group’s Mark Mobius called for better treatment of minority shareholders.
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Chinese equities traded in New York rose for a fourth day, led by Tal Education Group and Baidu Inc., on speculation investors are favoring companies dependent on consumer demand.
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OAO TNK-BP Holding rose to the highest in almost a month in Moscow after Igor Sechin, chief executive officer of new owner Rosneft, said he’s ready to work with minority shareholders in the venture.
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