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What Jim Rogers would buy with $100K



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BNN staff
March 18, 2010

He's considered one of the world's savviest investors. Jim Rogers, chairman, Rogers Holdings tells BNN which commodities he would buy if he had $100,000 to spend.

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Fear over China, Greece drags TSX lower

Toronto's main stock market index closed moderately lower Thursday as concerns about tighter credit in China and doubts about an aid plan for debt-stricken Greece pressured commodity prices.

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Suncor gets approval for oil sands expansion

Regulators have approved three expansion stages at Suncor Energy Inc.'s Firebag oil sands project that will eventually add output of 188,000 barrels of bitumen a day, Suncor said Thursday.

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Ottawa warns G20 must take action on reform

Canada took a gloomy look at what could go wrong with the global economy on Thursday, warning of prolonged recession or a new debt-driven crisis unless countries push ahead with promised reforms.

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Canadians need to save more: Dodge

Canadians need to save between 10 percent and 21 percent of their pretax incomes each year - if they save consistently for 35 years - to have comfortable retirement incomes, according to a new report by former Bank of Canada governor David Dodge.

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Public Mobile plans to launch in mid-May

At a new store on a hardscrabble patch of Danforth Avenue in east Toronto, new wireless entrant Public Mobile Inc., which is targeting low-income Canadians, announced it would open stores immediately and turn on its network in May.

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U.S. consumer prices unchanged in February

U.S. consumer prices were unexpectedly unchanged in February as a drop in energy costs was offset by higher food and medical care costs, a government report showed on Thursday, backing up the Federal Reserve's commitment to ultra low interest rates.

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FedEx profit more than doubles

Package delivery giant FedEx Corp. posted sharply higher profit of $239 million US, topping expectations, citing an improving global economy, but its shares gave back gains racked up ahead of the earnings announcement.

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Teva to buy German rival Ratiopharm for $5B

Israel's Teva has won the battle for German generic drugmaker Ratiopharm, paying an enterprise value of nearly $5 billion US (3.625 billion euros) to fix the industry leader's weakness in the world's second-largest generics market.

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China resistant to U.S. pressure on yuan

The United States kept up pressure on China on Thursday to let the yuan climb as Beijing disclosed it was sounding out exporters on whether they could cope with a stronger exchange rate.

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Market Monitor
Stock prices are delayed 15 minutes. Source: Globe and Mail.
 

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