Seth: I don't understand your comment about ETF's. "Investing" is not day-trading. So it doesn't matter if the ETF's trade during hours that the Indian and Chinese markets are closed. If India and China rally 10% in a month, I guarantee you the ETF's will also rally. It's irrelevant that they trade at different hours.
IBM Set to Spend $1.6B on Emerging Markets [View article]
IIF is actually a closed-end-fund, not an ETF. IFN is another Indian closed-end-fund and INP is an exchange-traded-note. I don't know of an ETF for India, but maybe there is one.
I'm not sure what the relationship is between IBM doing business in a country, and that country "already having an ETF".
Invest in BIC, Not BRIC [View article]
IBM Set to Spend $1.6B on Emerging Markets [View article]
I'm not sure what the relationship is between IBM doing business in a country, and that country "already having an ETF".