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SGX and ASX $8.4 Bilion Merger – A New Powerhouse

SGX and ASX $8.4 Bilion Merger – A New Powerhouse

Singapore Stock Exchange (SGX) and Australia’s stock exchange operator, ASX Ltd, have agreed to a $8.4 billion merger to create the fifth-largest listed exchange in the world. SGX offered a combination of A$22.00 in cash plus 3.473 of its own shares for each ASX share – valued ASX shares at A$48 [...]
Apple Earnings – The Good, The Bad and The Ugly

Apple Earnings – The Good, The Bad and The Ugly

Apple Inc.’s (Nasdaq: AAPL, stock) shares tumbled more than 7% to below $300 a share after the iPod, iPhone, iPad and Mac makers announced its earnings after the bell Monday (18-Oct-2010) in extended trading hour. The stock is now recovering and is trading above $310 a share. The Dow is down more [...]
Big Mac Index, China & Malaysia Currencies Undervalued?

Big Mac Index, China & Malaysia Currencies Undervalued?

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 [...]
Malaysian 2011 Budget – It’s All About Mega Projects

Malaysian 2011 Budget – It’s All About Mega Projects

Instead 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 rea [...]
Proton Inspira – Carbon Copy of Mitsubishi Lancer

Proton Inspira – Carbon Copy of Mitsubishi Lancer

You can’t feel sorry for those who has just bought the original (mean real) Mitsubishi Lancer GT to start kicking and banging themselves now that Proton Holdings Berhad (KLSE: PROTON, stock-code 5304) has officially announced the replacement for Proton Waja sedan – Proton Inspira. The news of th [...]
Petronas Chemicals IPO – Race for Limited Shares, Again

Petronas Chemicals IPO – Race for Limited Shares, Again

Petronas Chemicals IPO (initial public offering) which is set to raise as much as US$4 billion, exceeding even Maxis Berhad’s (KLSE: MAXIS, stock-code 6012) IPO last year valued at US$3.3 billion, will be offered to retail investors at RM5.05 a share while institutions will need to pay RM5.20 a sh [...]
How Obama Wish the China’s Economy Is at His Backyard

How Obama Wish the China’s Economy Is at His Backyard

While 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 boil [...]
Google’s Robot Cars Project – Look Ma, No Hands

Google’s Robot Cars Project – Look Ma, No Hands

Google’s Artificial Intelligence software may be the future solution enabling us to travel from point-A to point-B without us having to actually drive it. The Toyota Prius and Audi TT were used in a Google’s secret project of which seven test cars have driven 1,000 miles without human interventi [...]
Can the Stocks Cross the River of 11,000 Today?

Can the Stocks Cross the River of 11,000 Today?

Whether 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 e [...]
End of TARP Means Beginning of More Problems

End of TARP Means Beginning of More Problems

One 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 another [...]


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