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Hey Mr. PM Badawi, I have an Apple iPhone too

Apple iPhone is finally here. It’s a must-have gadget especially if you’re looking for the coolest device to brag around. And it’s a perfect gift for your love one. Who could resist this gadget that is loaded with the most innovative technology and tons of applications? Heck, even the sleepy outgoing Prime Minister Abdullah Badawi […]

... written on Mar 11 2009

Mini-Budget or Major-Leakage? Where’re the Goodies?

Najib Razak who will become Malaysia’s sixth Prime Minister in less than a month has revealed the much talked about mini-budget today. Make no mistake about it because going by the quantum of the budget it’s more like a major-budget instead of a mini-budget – a whopping RM60 billion to be spent over two years, […]

... written on Mar 10 2009

Eyes on Stimulus Plan – Can Najib do the Magic?

Economists at the World Bank predicted that the global economy will shrink for the first time since World War II with trades at its lowest in 80 years. You may not like it but it seems this Great Recession that we’re riding on is going to be the longest since World War II, making the […]

... written on Mar 09 2009

Citi Stock at $1 a share – Cool; Right Issues – Boo

Who would have thought that the mighty Citigroup Inc. (NYSE: C, stock) could become a penny stock one day? It was unthinkable as the American brand was once the most powerful bank on the planet earth and to flash your Citibank Credit Card was a privilege that Mr. Bean would not get tired of. Citigroup […]

... written on Mar 06 2009

Great Recession’s Scope is Deep and Broad

Like it or not we may be entering the Great Recession without us realizing it and only time will tell if we’re indeed walking into the history. So how does it feels or just how comprehensive is this so-called Great Recession? In reality unless you’re in the manufacturing or other vulnerable sectors and have been […]

... written on Mar 04 2009

We don’t live on trees. We conduct Assembly under the tree

Two scariest (or rather amazing) things are to be remembered as we entered the month of Mar 2009. First – the Dow Jones Industrial Average has finally breached the 7,000-level when it closed at 6,763.29; a loss of almost 300 points. The Dow hadn’t traded below 7,000 since Oct. 28 1997 – 11 years ago. […]

... written on Mar 03 2009

Can the Street Gangsters face Recession Alone?

Malaysia‘s GDP (gross domestic product) registered a growth of 4.6% for 2008, shrunk from 6.3% recorded in 2007 and lower that earlier projection growth of 5% (for 2008). However the fourth quarter’s (Oct-Dec 2008) growth was at disturbing 0.1% growth compared with 4.7% in the third quarter. That’s if you believe these numbers have not […]

... written on Mar 01 2009

Toll Hike for 5 Highways – Who Cares about you, Sucker?

It’s funny how the government could be held ransom by the already fat toll operators making millions of dollars of profit from the lopsided concession agreement. But I supposed it’s not the fault of the current administration namely the outgoing Prime Minister Abdullah Badawi and certainly nobody can point their fingers faulting the Works Minister. […]

... written on Feb 26 2009

Why Cut the OPR Rate My Genius? Aren’t we’re Insulated?

I was wondering if some hackers were recruited by the federal government to hack my notebook to either plant some Trojan horses or just to deny my access to the internet – surfing was bloody slow that I could leave my notebook to fetch its pages while I disappeared into kitchen to cook a bowl […]

... written on Feb 25 2009

Ahoy there, Dow is sinking below 7,000-level

U.S. financial crisis is getting worse and it seems the current cycle of recession could stretch deep into 2010. While it was a good sign for traders to short the stock or whack the Put Options when Dow Jones plunged below 8,000-level recently, the global financial systems could experience turmoil many times worse than 1997-1998 […]

... written on Feb 24 2009









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