Word: chi
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...What's surprising about Trung is not his profit projections-just about everyone is giddy about Vietnamese investments these days-but where he's making his money. While the nation's fledgling official bourses in Hanoi and Ho Chi Minh City are surging, Trung and many other local punters prefer to invest where the action is even headier: he typically trades in an unsanctioned market composed of websites and Internet chat rooms frequented by thousands of investors who swap unlisted shares of partially privatized Vietnamese companies. Participants call this the over-the-counter (OTC) market, a reference to exchanges abroad...
...hope that what goes up will continue to go up. "Basically, the way stocks are researched is 'My grandfather's uncle's cousin's wife works at this company and says it's a good buy,'" says Mike Temple, a director at securities-trading company Dragon Capital in Ho Chi Minh City...
...entry into the World Trade Organization, and the rapid rise of sanctioned stock markets. Last year, the VNIndex, which tracks the prices of all of Vietnam's publicly traded companies, jumped 144% and has risen another 44% this year. But the legitimate market is small and illiquid-the Ho Chi Minh Securities Exchange has just 109 listed companies, up from 30 at the beginning of 2006-and there are not enough shares to feed the growing mania for stocks. Nguyen Vinh, a 36-year-old accountant, says it was her inability to buy shares of listed companies that prompted...
...report also recommends popular recreational exercises, such as yoga, tai chi, and Qi Gong, as well as repetitive prayer and “cognitive restructuring,” or thinking more rationally about daily problems...
...Park in midtown Manhattan. For two days, we explored this unfamiliar fashion world. And for the record, we did sit next to Fabio during our first runway show.Feb. 2, 9:15 a.m. We enter the central tent, surrounded by impossibly tall PR women and the city’s chi-chi crowd. You might be thinking, “A tent? Are we going camping?” And we are entering a jungle of sorts. Dramatic blue, pink, and white lights illuminate the massive ceiling/canopy. Fashion Week attendees replenish not at a canteen but at the Mo?...