Finance and Economy
Spot gold surge ro record high of $1,878 an ounce for a third consecutive session on Monday. Heck, when was the last time the gold ever did a serious pullback? You can actually bet last penny that the gold will hit $2,000 an ounce, easily and surely. The U.S. economy is in a mess (again) […]
... written on Aug 22 2011Now that the London riots are over, news making headline seems to be the so-called harsh punishments on those caught in the riots. Scotland Yard has now charged a total of 1,005 suspects after 1,733 arrests so far. But based on the amazing punishments there were debates if the courts were being consistent? Judges and […]
... written on Aug 19 2011In a surprising acquisition move, Google Inc. announced it is buying cell phone maker Motorola Mobility Holdings Inc. for a cool US$12.5 billion in cash. This is Google’s biggest acquisition, easily dwarfs previous biggest deal in 2008 when it purchased DoubleClick for US$3.2 billion. Google will pay a whopping $40 a share for Motorola Mobility, […]
... written on Aug 16 2011Almost exactly a year before the city plays host to the Olympic Games, the riot and violence has raised concerns for the city’s security. The violence spread outside London, with serious eruptions of violence in Birmingham and Liverpool, but the scale of events in the British capital was unprecedented, and utterly overwhelmed the city’s 32,000 […]
... written on Aug 10 2011The U.S. stock market joined a sell-off around the world today (Monday) in the first trading since Standard & Poor’s downgraded American debt by one notch – from AAA, the highest rating, to AA+. The Dow Jones industrial average fell more than 250 points minutes after the opening bell on Wall Street. As expected the […]
... written on Aug 09 2011When the Dow tumbled more than 500 points yesterday, the worry and concern that the largest economy powerhouse may collapse reappears. Frankly, it isn’t that difficult to imagine that the U.S. dollar may collapse due to the huge debts and deficits. Historically there are many examples on how hyperinflation drove a country to total disarray. […]
... written on Aug 06 2011Chaos ruled the trading floor when investors sold their stocks in a big wave triggering what appears to be the worst stock-market selloff since the middle of financial crisis in early 2009. Both Dow Jones and S&P-500 dropped more than 4% while the Nasdaq lost 5% on fear that the still-trying-to-recover United States may hit […]
... written on Aug 05 2011The world’s tallest building, reaching an astonishing 1,000 metres (1 km) above the ground, will be built in Jeddah, Saudi Arabia. The oil-rich kingdom has announced that the building, Kingdom Tower, costing $1.2 billion to construct will have a Four Seasons hotel, serviced apartments, luxury condominiums and offices – will cover about 530,000 square metres […]
... written on Aug 04 2011My article titled “Resign or Snap Election for Najib, Here’re the Reasons” (read here) is perhaps one of the most visited page ever, sending my traffic skyrocket almost 30-fold. For the same reason, I couldn’t blog for a couple of days simply because I couldn’t login as it kept giving database connect error, though the […]
... written on Aug 02 2011Dr. Colin Lee Soon Soo, the founder and former managing director of TMC Life Sciences Bhd (KLSE: TMCLIFE, stock-code 0101) has set up his own new fertility center after sold all his 120.4 million shares (at RM0.52 a share) in TMC to Singapore billionaire Peter Lim Eng Hock. This is an expected move since he […]
... written on Jul 30 2011
