Will RHB Falls to Foreigners or Sleeps With CIMB?

Canada's Bank of Nova Scotia (TSE: BNS) is open to talks to buy a stake in Malaysia's fourth-largest lender, RHB Bank. Scotiabank, Canada's third biggest bank in terms of assets now has just five branches in Malaysia after 14 years of presence. Citigroup (NYSE: C, stock) has seven after 49 years, St [...]

Survival Series – Proton Downsize While PM Waiting

After Proton Edar Dealers' Association (Peda) president Wan Ahmad Abdul Rahman cried that almost 70% if the 400 Proton dealers nationwide will be forced to close shop due to sluggish sale, Malaysian Prime Minister hinted that the dealers might be allowed to sell other cars as well to make ends meet. [...]

FinanceTwitter Migrated to New Google Blogger

If you're a frequent reader of FinanceTwitter, you might noticed there wasn't any new post being updated yesterday. Reason being I was having problem login into Google Inc.'s (Nasdaq: GOOG, stock) Blogger since then. The normal URL link which I used to login didn't seems to work. It happened before [...]

PM Badawi Anxious to Meetup With Volkswagen?

Poor sales is hitting Proton Holdings Bhd (KLSE: PROTON, stock-code, 5304) dealers real hard that Proton Edar Dealers’ Association president Wan Ahmad Sepwan Wan Abdul Rahman claimed depleting sales over the past year may force about 70% of the national car sales and service dealers to go out of b [...]

Google’s Latest April Fool Service – TiSP Free WIFI

If you’re using Google (Nasdaq: GOOG, stock) as your preferred search engine, chances are you’ll see the latest and innovative service launch of Google TiSP (BETA)™, a free in-home wireless broadband service that delivers online connectivity via users' plumbing systems. The Toilet Internet Ser [...]

Japan’s Muji Can Succeed With “No Logo”, Can Malaysia?

When Japan's Ryohin Keikaku Co. opens a 5,000-sq.-ft. store for its Mujirushi Ryohin - or Muji - brand inside the New York Times Tower sometime later this year, it will raise an intriguing question. Can a “no-logo” brand win mass-market appeal in the rough and tumble U.S. retailing sector? Muji' [...]

Volkswagen Bids Farewell to Proton

One after another potential partners are pulling out from the talk with Proton Holdings Bhd (KLSE: PROTON, stock-code, 5304). First, it was France's PSA Peugeot-Citroen (EPA: UG) which pulled out. And now, the German auto giant Volkswagen AG (FRA: VOW) has scrapped plans for a tie-up with Malaysia's [...]

Malaysia Central Bank Pressured to Lower Interest Rate?

AmInvestment Management Sdn Bhd today reportedly said it expects Bank Negara Malaysia to reduce its overnight policy rate (OPR) by 25 basis points (bp) in the second quarter due to a strong ringgit and mild inflation rate. FinanceTwitter agreed that stronger ringgit will only spells disaster to Mala [...]

My Longest Option Trade – VLO’s Profit in 4-Months

Remember I said earlier that if you plan to do option trading on energy stocks, you need to at least buy 6-months before expiration month? One of FinanceTwitter readers asked me recently which option expiry month that he/she should choose for option trading. He/she (I somehow couldn’t determine th [...]

Stocks & Option – What To Do during Uncertainties?

Oil prices rose by more than $1 a barrel Wednesday but were still below an earlier spike of more than $5 on rumors - denied by the U.S. military - that Iran had fired a missile at a U.S. ship in the Persian Gulf.Rumors about a military confrontation spurred panic buying in after-hours trading Tuesda [...]


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