Archive for May, 2007

Two Major GOOGLE News in One Day

There’re basically two major announcement from the online search and advertisement giant Google Inc. (Nasdaq: GOOG, stock) today. First, the rumors about Google flexing its’ muscle to buy yet another company, Feedburner has been confirmeded – according to TechCrunch who picked up the news from a close source. The deal is worth a whopping $100 […]

... written on May 24 2007

Proton Continues to Bleed But PM's Taking It Easy

Dealers selling the national Proton Holdings Bhd (KLSE: PROTON, stock-code 5304) cars are crying again today, claiming that 93 percent of their members are losing money. In a serious note, the dealers are urging the Proton management to find a foreign partner immediately. According to the Proton Edar Dealers’ Association vice president, already 20 percent […]

... written on May 23 2007

New Cost for Malaysia Formula-1

Now, what on earth is happening to the Malaysia minister and top officials? After my recent post on Malaysia Can Prosper by Copying Singapore, guess what, the Sports Minister Azalina Othman and former premier Mahathir’s son Mokhzani Mahathir actually read FinanceTwitter’s blog and implement the simple methodology to prosper. I knew from the start that […]

... written on May 23 2007

Will Oil Refineries Spared This Year?

The 2007 Atlantic hurricane season will be more active than normal due to warmer ocean waters, with as many as ten hurricanes, and three to five of them could be major, the U.S. government’s top climate agency predicted on Tuesday. NOAA foresees 13 to 17 tropical storms this season, with seven to 10 developing into […]

... written on May 23 2007

City With the Most Expensive Rental

Hong Kong’s high-end apartments are the world’s most expensive to rent, followed by Tokyo and New York, reflecting high living costs in those cities, a survey on expatriate accommodation which compared rental prices in 92 locations worldwide. An executive three-bedroom apartment in Hong Kong costs more than $8,500 a month to rent, according to the […]

... written on May 22 2007

Time to Make Money Investing Energy Stocks

Time to make money investing energy stocks – oil prices were little changed Tuesday after jumping above $66 a barrel in the previous session on worries about gasoline supply. Light, sweet crude for June delivery was flat at $66.27 a barrel. Worries that violence could rise in Nigeria ahead of the inauguration of a new […]

... written on May 22 2007

Did Bumiputra-Commerce Over-Paid for Southern Bank?

Reuters reported that Malaysia’s second-largest lender, Bumiputra-Commerce Holdings Berhad (KLSE: COMMERZ, stock-code 1023), has hired PricewaterhouseCoopers to review the 2005 financial statements of its unit Southern Bank Bhd. It was one of the watch-after “hostile” takeover of Southern Bank Berhad (one of the most profitable and well-managed Chinese-based banks) by CIMB Group whose chief executive […]

... written on May 21 2007

Malaysia Currency Continues to Strenghthen

The movement in Malaysia’s ringgit currency reflects the country’s economy and its financial system, central bank chief Zeti Akhtar Aziz said on Monday – reported Reuters. The ringgit strengthened on Monday to its highest levels against the dollar in more than nine years – a decisive push through the 3.4 level that had proved a […]

... written on May 21 2007

Wealthy Malaysia Spending Like There's No Tomorrow

Going by the rate and quantum of super-mega-projects initiated by the current Malaysia Prime Minister, Badawi, one must have a perception that this country is indeed a very very rich kingdom with hundreds or trillion of barrels of reserve oil undersea and millions of hectares of gold-deposits yet to be prospected. You’ve heard the fantasy […]

... written on May 21 2007

TOP 5 Reasons You Should Unload Your Stocks Now

Are you a successful stock investor, property investor, option trader, future trader or even a successful blogger? Everyone would like to be addressed as a successful person, though the definition of successful is very subjective. Whichever category you belong to, chances are you’ve money, more like paper money (regardless of gain or loss) especially in […]

... written on May 20 2007

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