Investing in Asian Markets

Many American companies are making investments abroad for various reasons.  According to a recent news article, American firm LeapFrog Investments that invests in companies in “undeserved markets in Asia and Africa,” has just put an injection of $15m capital into Shiriam Credit Co. Ltd., an insurance, investment and savings company in India.  According to Jim Roth, the company’s co-founder and partner, this deal is set to have “enormous social impact by financing and improving cover for millions of financially excluded clients and their families in India while also generating healthy financial returns.”

Of course, there are many other reasons American business leaders and companies seek to make their investments in the Asian region.  The world’s biggest research-based pharmaceutical company, Pfizer Inc., works substantially in Asia.

China May Not Import Corn from the U.S.

The United States Grains Council announced that China may not need to import corn from the U.S.  this year.

The group explained that China has no need to “rush into the market,” as they had a successful harvest themselves. Prices have risen to nearly $6.00 a bushel, as well. Still, China may watch to see if the prices fall below $6.00.

As of now, however, corn for the December delivery jumped by 2.1%, to trade at $6.105 with Beijing.