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Global Investing Roundups

Money Morning (June 27th, 2008) Writes:
Report: Toyota Plunking $1 Billion on Brazil Plant; India Housing Boom Ending; GDP Revised Up; Home Sales Rise, Values Fall; Anheuser Busch to Reject InBev Bid; Bank of America Sheds Jobs; Gold Shares Glow; Oshkosh Plunges on Lowered Outlook Toyota Motor Corp. (ADR: TM) plans to drop more than $1 billion on a new factory in Sao Paulo, Brazil, Valor Economico reported without citing a source. The new factory would be a bid to capture a share of the economic growth and rising incomes in South America. A pair of mortgage executives in India said the country’s five-year property boom is coming to an end as the number of available homes increases along with interest rates. "Due to the state of the equity markets, many investors who would have bought a second or a third house ...

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