Financial Stock

HSBC To Charge On Deposits – Proof That EU’s Economy Is Collapsing?

Up to today, many still think that HSBC is actually a bank which is Chinese-owned, Hong Kong-based, located and headquartered in the small but prosperous financial city. After all, HSBC refers to “HongKong and Shanghai Banking Corporation”. Well, it’s HQ was based in Hong Kong until 1993 before the bank decided to abandon Hong Kong […]

... written on May 20 2015

Berkshire’s 50th Annual Letter Shows Why Warren Buffett Is Worth US$72 Billion

Warren Buffett’s 50th letter to Berkshire Hathaway shareholders has just been released. Despite being a non-dividend stock, thousands of Berkshire shareholders look forward to the company’s annual letter, as if it’s the last love letter before a worldwide apocalypse. Buffett is a non-believer in paying dividend to shareholders, argues that reinvestment is a better use of […]

... written on Mar 04 2015

Exposed!! – How HSBC Swiss Bank Helped Hide (Dirty) Money

You thought it only get mentioned in James Bond films, where the super bad guys promised to destroy the world (they always do, don’t they?) unless the US or UK government pay them hundreds of millions or even billions of dollars to some offshore Swiss banks. It made you think how come the bad people […]

... written on Feb 09 2015

Stock Connect Between Hong Kong & Shanghai Opens, And It’s Tax-Free

Starting today, anybody can buy China stocks at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each others’ bourses. Called “Stock Connect”, mainland Chinese can now trade shares in Hong Kong for the first time, while foreign investors in Hong Kong are allowed to buy and […]

... written on Nov 17 2014

Stock Investing For Dummies – Here’re 8 FREE Online Courses For You

There’re tons of books that you can buy and read about stock market and share investments. If you’re literally a bookworm who can digest thousands of pages of those financial, economy and investing books, go ahead. But for those lazy dummies who like to get some basic fundamental knowledge about stock investing, videos are perhaps […]

... written on Aug 25 2014

CIMB-RHB-MBSB Mega Merger – The Danger Of Creating A Too-Big-To-Fail Biggest Bank

RHB was incorporated in 1983 by Tan Sri Abdul Rashid Hussain. That was more than 30 years ago. Many of our readers were not even born yet. Of course, the founder was not a “Tan Sri” yet, and the company was not known as RHB as in Rashid Hussain Berhad. Many didn’t know that the […]

... written on Jul 13 2014

Warren Buffett’s 2013 Top-10 Stocks

Warren Buffett, the CEO and largest shareholder of Berkshire Hathaway (NYSE: BRK.A, stock) is one of the wealthiest men on planet Earth. Every now and then, he would trim his holdings while add other stocks into his portfolio. In June 2013 alone, he added stocks like General Motors, Wells Fargo, VeriSign, National Oilwell Verco and […]

... written on Aug 19 2013

Taking 228% Profit, Thanks To S&P’s AAA – AA+ Cut

The U.S. stock market joined a sell-off around the world today (Monday) in the first trading since Standard & Poor’s downgraded American debt by one notch – from AAA, the highest rating, to AA+. The Dow Jones industrial average fell more than 250 points minutes after the opening bell on Wall Street. As expected the […]

... written on Aug 09 2011

Hong Leong to Acquire Public Bank – A Matter of Time?

Public Bank is perhaps one of the stocks everyone would like to own for obvious reason. If you owned 1,000 Public Bank Berhad (KLSE: PBBANK, stock-code 1295) shares back in 1967, you would have 129,720 shares which is worth a whopping RM1.38 million today. If that is not enough to raise your eyebrows consider another […]

... written on Oct 19 2009

Citigroup’s Accounting and Najib’s Political Creativity

Let’s clear the confusion on this company called Citigroup Inc. (NYSE: C, stock) which suddenly attracted all the cheers from the trading floor because the financial giant had done something extraordinary and awesome – it made money. However I thought you should know the creative accounting behind this great story although I believe many saw […]

... written on Apr 19 2009

Browse pages below for more ...