Archive for October, 2010
Motor Shows is one of the events for car manufacturers to showcase their concept cars or the prototype to gauge the customers’ reaction towards their masterpiece. Often, the event was used to determine whether their prototypes would go into production. Some said it was used to tease consumers for feedback if their concept cars can […]
... written on Oct 30 2010Singapore Stock Exchange (SGX) and Australia’s stock exchange operator, ASX Ltd, have agreed to a $8.4 billion merger to create the fifth-largest listed exchange in the world. SGX offered a combination of A$22.00 in cash plus 3.473 of its own shares for each ASX share – valued ASX shares at A$48.00 each, 37% premium to […]
... written on Oct 25 2010Apple Inc.’s (Nasdaq: AAPL, stock) shares tumbled more than 7% to below $300 a share after the iPod, iPhone, iPad and Mac makers announced its earnings after the bell Monday (18-Oct-2010) in extended trading hour. The stock is now recovering and is trading above $310 a share. The Dow is down more than 3-digit points […]
... written on Oct 20 2010On average a McDonald’s Big Mac costs about 14.5 yuan or about US$2.18 in China (Beijing and Shenzhen) as compare to US$3.71 for the same burger in the United States. Based on a study done by McDonald and Economist using Big Mac Index, a semi-hilarious method of measuring the PPP (purchasing power parity) between two […]
... written on Oct 18 2010Instead of writing about just announced Malaysia’s 2011 Budget (*yawn*) I would rather spend some time writing about Apple Inc.’s (Nasdaq: AAPL, stock) earnings scheduled to be released on Monday, 18th Oct 2010. And if you’ve been investing the company’s stock or trading its options, get ready for the explosive earnings announcement. But then some […]
... written on Oct 18 2010You can’t feel sorry for those who has just bought the original (mean real) Mitsubishi Lancer GT to start kicking and banging themselves now that Proton Holdings Berhad (KLSE: PROTON, stock-code 5304) has officially announced the replacement for Proton Waja sedan – Proton Inspira. The news of the replacement model which was essentially a rebadged […]
... written on Oct 14 2010Petronas Chemicals IPO (initial public offering) which is set to raise as much as US$4 billion, exceeding even Maxis Berhad’s (KLSE: MAXIS, stock-code 6012) IPO last year valued at US$3.3 billion, will be offered to retail investors at RM5.05 a share while institutions will need to pay RM5.20 a share. This will make Petronas Chemicals […]
... written on Oct 13 2010While Federal Reserve is set to introduce QE-II (quantitative easing) because its near-to-zero interest rate could not wake up the crawling economy powerhouse, China has the opposite problem – economy overheating. How President Obama wishes he could have the best of both worlds; the China’s boiling economy and America’s presidency. China, the world’s second biggest […]
... written on Oct 13 2010Google’s Artificial Intelligence software may be the future solution enabling us to travel from point-A to point-B without us having to actually drive it. The Toyota Prius and Audi TT were used in a Google’s secret project of which seven test cars have driven 1,000 miles without human intervention and more than 140,000 miles with […]
... written on Oct 10 2010Whether Dow Jones can close this week above 11,000 or tumbles into the red depends on the much-awaited jobs report. Dow closed Thursday at 10,948.58, inches away from the psychological 11,000 level. The U.S. Labor Department will issue the final monthly jobs report before the midterm congressional elections. And economists couldn’t find any reason that […]
... written on Oct 08 2010
