11 replies to this topic

[Rogerdodger]

"Policy Risk" is what CNBC says.

Money.cnn LINK

Trading in Indian shares was halted for an hour following a 9.2 pct plunge that was triggered by a regulatory proposal that would restrict buying by overseas investors.

The Indian government said proposals aimed at tightening the purchase of shares and bonds by foreign institutional investors through offshore derivative instruments were aimed at moderating capital inflows and not at discouraging foreign investors.

[...]

I find it VERY telling that Yahoo.com has NOTHING about this ANYWHERE.

Nah, it just means that the "reporters" at Yahoo.com ain't very bright.

What a surprise.