Archive for January, 2008

From desert to Tourism and Property Magnet

United Arab Emirates is probably one of the most successful Arab countries in the Middle East in attracting tourism and foreign investment in property markets. With population of only 4.5 million (2006) but GDP of well over US$160 billion mainly due to oil and natural gas, you might think the government was complacent with its […]

... written on Jan 31 2008

New way for monetization with audio ads

Google’s main revenue was and will remains in the hand of online advertising. Its’ flagship is the infamous Adsense of which anyone could apply and upon approval he / she needs to apply some codes into his / her website(s) or blog(s) – thereafter earns money from visitors who click on the advertisement. Simple yet […]

... written on Jan 31 2008

Another 50 basis points cut but Dow still in red

As expected the Federal Reserve dropped its key rate by another 50 basis point to 3 percent in a 9-1 decision. It was the second Fed rate cut in just over a week, and the policymakers signaled they were prepared to keep going lower if needed. Last Tuesday Bernanke cut the rate by a rare […]

... written on Jan 31 2008

Yahoo screwed again, Google Stock to celebrate

Yahoo did it again. Not only did the pathetic Yahoo Inc. (Nasdaq: YHOO, stock) screwed up with its latest earning announcement but it somehow re-use the old, basic and dirty way hoping to soothe the investors when announced as many as 1,000 employees would be sent to the chopping board. Regular readers of FinanceTwitter know […]

... written on Jan 30 2008

Mirror mirror on the wall who’s the biggest liar of all?

Politics are dirty so they said, but to become the ultimate survivor it’s all about how excellent you are in lying. Hey! What happens to the Mongolian model case, Altantuya Shaaribuu, whose remains were destroyed with C4 explosives? Sorry mighty Genghis Khan, your people’s case is as good as forgotten. The good news for local […]

... written on Jan 30 2008

World’s largest stem cell plant – hoax or reality?

According to Malaysian government, the world’s biggest stem cell facility to be built in Pahang state could potentially generate RM1 billion in turnover by end of 2011. The 200 acres land in Janda Baik has been identified as the location for the facility to produce stem cells from rabbit to treat various diseases. Pahang chief […]

... written on Jan 29 2008

Another rate cut is required but how much is enough?

It’s almost definite that the U.S. Federal Reserve will cut the interest rate again when they meet Tuesday and Wednesday – that’s tomorrow. Ben Bernanke and his boys could have pressed the panic button a week ago by cutting the rate by 75 basis points but it could be a strategy to gauge the reaction […]

... written on Jan 28 2008

Former Dictator Suharto Dies leaving huge Wealth

You know he couldn’t make it when the leader(s) or former leader(s) from neighbouring countries took turn to give him probably the last visit. First it was Singapore’s founding father and first prime minister, Lee Kuan Yew, 84; then Mahathir Mohamad, the 82-year-old former prime minister of Malaysia and former richest man on earth Sultan […]

... written on Jan 27 2008

Forex traders smile their way to the banks

With the action by Federal Reserve to cut interest rate again but this time by a mind-boggling and panic 75 basis points, perhaps the investors who made great money out of it were currency traders. Since Ben Bernanke begun the rate cut program in 2007, it was a smooth ride for currency traders to just […]

... written on Jan 27 2008

Stocks recover but too early to heave a sight of relief?

Weird as it is but that’s the fact. Ben Bernanke and his panicked team cut the interest rate by a whopping 0.75 percent yet the U.S. stock markets couldn’t lift it’s barometer into the positive territory after plunged more than 400 points early of the day. What does that tells you? Squarely the investors were […]

... written on Jan 25 2008

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