India

5 Foreign Stocks You Can Snap Up at Bargain-Basement Prices

when a country's stock market gets crushed due to wider economic concerns, some promising often stocks get unfairly punished. Here are five foreign companies whose shares are trading now at attractive prices, along with explanations for why they're such bargains.

The Weirdest Things Your Taxes Pay For

Sen. Tom Coburn has released his Wastebook 2012, a look at over $18 billion in projects that are bizarre and hard to justify. Admittedly, that's just a drop in the federal budget. But ... Thoreau-based video games? Robot squirrels?! Take a peek at our gallery of weird government expenditures.

Walmart's Bribery Probe Widens to China, Brazil and India

Walmart announced Thursday that an internal investigation into bribery accusations involving its subsidiary in Mexico has broadened to include operations in Brazil, China and India. The disclosure came in a SEC filing tied to third-quarter financial results, which were downbeat.

India's Largest Travel Website is Losing Altitude Fast

There was plenty of buzz behind MakeMyTrip when India's largest travel website went public two years ago. The stock soared far beyond what the company's outlook could have justified. Now, the laws of finance and physics have kicked back in, and the stock price is crashing back down to Earth.

Money Scams: How to Spot a Fake Debt Collector

Getting a call from a debt collection agency is bad enough. Getting a call from a phony debt collector trying to scam you out of money you don't owe can be even worse. The scammers are out there: Here's what you need to know to avoid becoming a victim.

U.S. Trade Deficit Fell 12.1% in Second Quarter as Exports Rose

The U.S. current account trade deficit narrowed in the April-June period, pushed lower by an increase in American exports and cheaper oil imports. The Commerce Department said Tuesday that the deficit in the current account decreased 12.1 percent to $117.4 billion in the second quarter.

Psst! Buddy! Want to Buy an Airplane ... Cheap?

Boeing has been announcing a significant number of multibillion dollar deals lately. But the aircraft maker's excellent news comes with a caveat: All of its customers have been scoring hefty discounts to the planes' sticker prices. What gives? Read on ...

Look Who's Buying America Now!

While Americans are still reeling from the housing bust, people from around the globe are scooping up cheap American homes. Over the 12 months that ended in March, nearly 9% of all real estate spending in the U.S. was done by buyers from abroad. Is it "Rising Sun" all over again?

How This Fast Food Chain Is Eating McDonald's Lunch in Asia

The most popular Western-style, fast-food company in China right now is Yum! Brands, which operates Taco Bell, Pizza Hut and KFC. In fact, Yum!'s operations in China dwarf McDonald's -- and looks like it'll repeat the feat in India too.

Is Corporate America Too Focused on Profit Margins?

I recently penned a column pointing out that when America "lost" the TV manufacturing industry to Japan, it wasn't necessarily a bad thing, because the business has become a low-margin money loser. A lot of readers disagreed.

3 Reasons Oil Prices Are Headed Higher in 2012

Americans have grown used to oil at $100 a barrel and paying more than $3 per gallon for gas at the pump. But don't get too comfy -- the price of filling up is probably going up in 2012.

Tibetan Buddhist Leader Had Secret $1.35 Million Hoard

Buddhism is all about renunciation: To achieve nirvana, the Buddha teaches, one must crush desire. But one exiled Tibetan Buddhist leader -- the Karmapa Lama -- allegedly had an undeclared $1.35 million cash stash at his monastery in northern India.

Eastern Europe Gets All Shook Up Over '50s-Style Diners

The world's fourth Elvis-themed restaurant is scheduled to open in a mall in Georgia this year. But not in the Peach State in the heart of the Dixie -- the Elvis American Diner is in the Republic of Georgia. Seems that in the former Soviet Union, the King and 1950s Americana are considered pretty nifty.

Why Priceline Is a Better Investment Now Than Expedia

Even buy-and-hold investors can't afford to let their portfolios collect cobwebs. Valuations and fundamentals change perpetually, and shareholders need to know when there's more potential for growth elsewhere. Here we take a look at some online travel agency stocks worth swapping: Expedia and Priceline.

New Travel Agent Partnership Gives Expedia an Edge

By the end of 2012, one-third of the world's travel sales will be booked online. But the majority of bookings still happen through the traditional brick-and-mortar travel agents, which is why Expedia's new Travel Agent Affiliate Program is a smart growth move for the OTA.

Nike's Direct Sales Poised to Grow in Emerging Markets

Nike is already the global leader in the athletic footwear, apparel and equipment business, and globally is where its future growth lies. Its online sales have surged, and with increasing Internet penetration in emerging markets, Trefis sees more impressive online sales growth ahead.

Walmart Stock Has Room to Rise Via Emerging Markets

Walmart's numbers have been stagnating in the U.S. lately, but overseas in emerging markets, the world's biggest retailer has been coming on strong. Its stock has been hovering in the low $50s -- and you won't believe where Trefis puts its estimate for the real value of the low-price giant.

Expedia's AirAsia Partnership Is Just the Ticket

Expedia, the world's largest online travel agency, soon will be selling flights, hotel bookings and holiday packages in the world's fastest growing aviation and tourism market, thanks to an exclusive deal with AirAsia. Trefis takes a look at what the deal will mean for both companies.

Money Advice from World's Most Beautiful Woman

We caught up with Bollywood superstar Aishwarya Rai at the Cannes Film Festival to chat what she's learned about money in her ascent to the top of India's film pantheon. Her answers show that despite her fame and fortune, in matters of finance, she's been wise enough to stay true to her middle-class roots.

Expedia's Game Plan for India's Travel Market

Online travel portal Expedia began doing business in India almost two years ago, and is now scaling up operations there. By forming partnerships with local suppliers, Expedia hopes to jump to fourth place in the market in less than a year. Here's how it plans to go about it.

Is GM's Rebound the Real Deal?

Detroit's revival is nearly complete: Chrysler recently made its first profit in five years, Ford has posted its best results since 1998, and GM is poised to retake the crown as the world's biggest automaker. But to hold onto that position, GM will have to adjust to a rapidly shifting auto market.

Three Stocks Set to Soar on Emerging Market Growth

Sky-high oil prices may slow U.S. economic growth in the quarters ahead, so prudent investors may want to put some money into companies with strong international operations that can take advantage of growth elsewhere. Here are three impressive options.