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Malaysia’s Biggest Scandal – Business as Usual

Malaysian authorities are facing a scandal over debts allegedly exceeding US$1 billion (euro750 million) incurred by the country's main port authority, sparking concerns about a possible government bailout – reported AP. The fact that this scandal, which could be the biggest bailout since Badawi t [...]

It’s Hunting Season for Warren Buffett

While most investors were cracking their head on what should be their next step in the current mini economic crisis in U.S., one person is grinning with smile. Such crisis actually presents an opportunity for those who are contrarian in their investment methodology. But such method is not for everyo [...]

KLCI up 51 points – has the knife reach the bottom?

Kuala Lumpur Stock Exchange saw some “bargain hunting” today and there’s a reason I used that word. Analysts have been using “bargain hunting” as a mean to tell you to buy some, probably 20% of what you would normally buy in a “normal” day. And it normally associated with the period af [...]

The Man who can Change the Market’s Tone – Bernanke

With the exception of China, almost all the stock markets worldwide depend very much on U.S. Wall Street. The Wall Street in turns depends on the internal American’s economy data of which depends on one person who set the tune of the financial pulse. This person is said to be more powerful than th [...]

Google, are you aware of the Legal Suit by Malaysia?

Slightly more than 12 hours a go, FinanceTwitter blogged that the investors should “Get Ready for Asian Black Friday” as the U.S.’s Countrywide Financial Corp decision to borrowed $11.5 billion from a group of 40 banks would be used as the scape-goat by investors to further punish the stock ma [...]

Get Ready for Asian Black Friday

More bad news hitting the Wall Street again on Thursday. Countrywide Financial Corp., the nation's largest mortgage lender said it had borrowed $11.5 billion from a group of 40 banks to fund loans in a move that shows just how deep the lending crisis has become - reported AP. Countrywide shares fell [...]

EPF finalizing steps to let go of RHB to KFH

This is not something new but rather to re-confirm the market’s expectation of the next subsequent steps to be taken by EPF (Employees Provident Fund) after it successfully or forcefully acquired Rashid Hussain Bhd (KLSE: RHB, stock-code 1309) of which its jewel in the form of RHB Bank attracted n [...]

Stock Markets Knife is falling down, Should You Buy?

Asian stocks tumbled today, Thursday, heading for their biggest daily fall since the attacks on the United States in September 2001, as persistent fears about a global credit squeeze sapped investor appetite for risky assets. The latest scare was set off by worries that Countrywide Financial, the la [...]

A Cartel of Accountants – Who will Police them?

The plan and proposal by the Securities Commission (SC) to introduce new rules that will make it mandatory for companies to choose from a select group of accounting firms when they submit rescue plans and initial public offerings (IPOs) would be a positive move to instill confidence lost from the re [...]

New PROTON Model with Old Design Launched

Sometimes thing will never change for the better if the cancer-cells never removed. Worst still when a national-status company couldn’t recognize the basic flaw in its designing methodology and production. Days before the country’s 50th Independence celebration, Proton Holdings Bhd (KLSE: PROTON [...]


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