Investing & Trading
Germany’s Deutsche Boerse AG, the company that owns and runs Frankfurt stock exchange, could soon take over the American’s New York Stock Exchange. NYSE Euronext Inc., which also operates exchanges in Europe, said it is in “advanced discussions” about a possible merger with Deutsche Boerse. The merger would create the world’s largest trading powerhouse with […]
... written on Feb 10 2011In a surprise move, Google announced that Larry Page, one of its founders, will replace Eric Schmidt as the company’s CEO in April. The news came on the same week Apple announced that Steve Jobs, the man instrumental in iPod, iPhone and iPad, would be on medical leave without much more details. Was the timing […]
... written on Jan 25 2011News that Apple CEO Steve Jobs is taking another medical leave of absence spooked investors so much so that many speculators predicted the stock price would tumble at least by 10% even before the opening bell on Tuesday. As expected, the stock price plunged but by a smaller 6 percentage points only. At the end […]
... written on Jan 19 2011Verizon Wireless, the largest U.S. wireless carrier, will start selling Apple Inc.’s (Nasdaq: AAPL, stock) iPhone 4 early next month, ending AT&T Inc’s (NYSE: T, stock) exclusive 4-year hold over the blockbuster smartphone and sending millions into long queues around the world for the gadget. For years people have been clamouring to use iPhone on […]
... written on Jan 12 2011Facebook is the world’s largest social network, with over 500 million users. Founder Mark Zuckerberg launched “Thefacebook” (thefacebook.com) on Feb 2004 before rename it as just “Facebook” after secured the domain facebook.com in 2005 for $200,000. Facebook actually started as Facemash, a simple site that placed two photos next to each other and ask users […]
... written on Jan 08 2011Commodity prices had performed superbly 2010 and experts believe the bullish momentum would continue this year, 2011. Oil prices rose 15% and gold gained 30% in 2010. According to survey, investment strategists from Goldman Sachs, Jefferies & Co., Wells Fargo and other investment houses are predicting two main commodities namely oil and gold to rise […]
... written on Jan 06 2011When the Apple iPad was announced, many predicted the gadget would kill Amazon Kindle. With the hype over such gadget by Apple, it was natural to predict that Kindle would end up in the graveyard and who can blame them? But Kindle and iPad was not in the same league so it was not an […]
... written on Dec 29 2010The concession agreement for PLUS Expressways was awarded to United Engineers (M) Sdn Bhd (now UEM Group) for a period of 30 years, starting May 1988. Public outcries soon after the 1997 Asia Recession and Mahathir administration gave a tickle so that the concessionaire restructured and reduced the agreed (or rather lopsided) toll rates via […]
... written on Dec 25 2010The question of when will Malaysia PM Najib Razak call for a snap election is drumming louder. Will it be in the first half of 2011 simultaneously with the Sarawak state election, in the second half of 2011 if the Sarawak’s state election results are BN-favorable, or in 2012 if Sarawak results fall within expectation? […]
... written on Dec 09 2010Time to take some profits off the table – been quite some time since I last made triple digit percentage profit. There were many investors or traders who dumped or did not think Research In Motion Limited’s (Nasdaq: RIMM, stock) would give good returns in spite of its’ great second-quarter earnings that topped forecast. I […]
... written on Dec 07 2010
