Government
On 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 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 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 2010One day after the stocks were dumped, it recovered with Dow up by 167 points, Nasdaq jump almost 50 points and S&P500 adds 21 points. It’s nice to see all the three indices up more than 1%. With all the good reports out today, it’s hard to believe the current month of October will be […]
... written on Oct 06 2010Whether you like it or not a high-speed rail system between Malaysia and Singapore is bound to happen, sooner or later. Except for ex-PM Mahathir and a bunch of racist politicians, it seems nobody would reject a shorter travelling time and a closer relationship with Singapore. Forget about Mahathir‘s lopsided opinion about Singapore as history […]
... written on Sep 27 2010Malaysia’s economy is set to skyrocket to a super-impressive level in just another 10-year, thanks to an economic road map involving investments of about US$444 billion (RM1.3 trillion) to power the country towards becoming a high income economy by 2020, provided you believe this is not another Mother of all Slogans gimmick to create feel-good […]
... written on Sep 23 2010If there’s an award for the best dressed wolf in sheep’s skin, you can be sure of only one winner – Tun Daim Zainuddin. The former finance minister is perhaps the politician former Prime Minister Mahathir least has to worry simply because Daim was not an ambitious politician. Daim loves money and young women more […]
... written on Sep 20 2010Former Prime Minister Dr. Mahathir Mohamad may kick his own self for not taking a total exit from the politics. The country was cheering after 22-year rule under Mahathir, who is often called a dictator by his critics, announced his exit. He was and still is a master politician who has beaten many of his […]
... written on Sep 13 2010You can read (or feel) when the Malaysian ruling government is going to call a snap election, if only you’re sensitive to the “pulse” of the latest happenings. Radio station 988FM (98.8 FM) is perhaps the most popular radio channel amongst the Chinese community in the country and ever since the 988’s breakfast show “Hello […]
... written on Sep 10 2010
