Crisis
With less than 100 hours (Aug 2) before the world’s largest economic powerhouse, United States of America, is set to default on its debt obligations or otherwise, the global stock markets are trembling with fear. It’s very unlikely but should it happens, the U.S. economy may tumble by 5% and the stock market may drop […]
... written on Jul 29 2011Seriously, I hate to see Najib goes down faster than his predecessor, although I did write an article back in Jan 2010 that Najib’s administration may be short-lived, shorter than former PM Abdullah Badawi (you can read here). It seems there’s serious brain-drain in premiership succession that every new prime minister is worse than the […]
... written on Jul 15 2011My driver was anxiously telling me how he evaded the road block on his way to pick me up at the airport, on the eve of Bersih 2.0’s July 9 rally. Before I can start telling him about my trip to Hong Kong and the wonderful foods that I had, he told me not to […]
... written on Jul 11 2011Gosh, this is getting ridiculous but yet hilarious. While everybody knows Malaysian Prime Minister, Najib Razak, is super-panic with the coming Bersih 2.0 (Coalition for Clean and Fair Elections) rally this coming July 9, nobody would guess his administration would become as paranoid as now. Not only his cousin, Home Minister Hishammuddin, was allergic to […]
... written on Jun 30 2011History tends to repeat itself – a quote that is frequently used although nobody knows exactly who started using it or when it was first being used. Stock investors, analysts, traders and writers especially in the technical analysis field will tell you people still tend to repeat their own mistakes in both bullish and bearish […]
... written on Jun 28 2011Dubai had the world’s fastest- growing property market until mid-2008 when the subprime crisis originated from US arrived at the kingdom. The collapse of the emirate’s property sector was partly due to heavy speculation where borrowing was as easy as buying groceries from the supermarket. An estimated of 60% in housing prices was wiped out […]
... written on May 27 2011Not long after the U.S. subprime crisis hit the global financial markets, Dubai had its own subprime crisis when the United Arab Emirates’s investment and development engine, Dubai World, announced that it was seeking a six-month delay in paying creditors on nearly US$60 billion in debt. When the news broke, Dubai’s stock exchange plunged more […]
... written on May 23 2011In stock market you either bet to long or short your desire stocks. Of course there’re more choices in options trading such as playing the spread game of which you get to keep the premium if the options you bought expire out of value. It was precisely the same dilemma that hit President Barack Obama […]
... written on May 04 2011Osama bin Laden was killed by a bullet fired by a United States Navy SEAL during a 40-minute helicopter assault on a fortified compound of a US$1 million “mansion” outside of Abbottabad, about an hour’s drive (50 km) from Islamabad, Pakistan. A helicopter involved in the raid suffered mechanical failure and was blown up by […]
... written on May 03 2011The Libya crisis took a new twist when the NATO strike killed Colonel Gaddafi’s son and his three grandchildren, at least that was what the Libyan government claimed today. However Gaddafi and his wife, who were in their son’s, Saif al-Arab, house when it was targeted escaped unharmed and are in good health. If you […]
... written on May 02 2011
