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When the Chinese talk about feng shui, they have a holistic view and approach to it and one of the most famous saying is “first is Destiny, second is Luck, third is Feng Shui, fourth is Virtue and fifth is Knowledge”. That’s the importance in ascending order to the Chinese. But at the same time, […]
... written on Sep 20 2007Don’t you hate it that despite paying for the programs on monthly basis, you’re still getting bombarded with advertisements? To make matter worse Astro All Asia Network Plc (KLSE: ASTRO, stock-code 5076) which monopolize the pay-TV sector is forcing more advertisements to its subscribers. You might not realize it but if you care to measure […]
... written on Sep 20 2007After FinanceTwitter’s article on “Reasons Why Oil Price might spikes to $90 and beyond” was picked up by Wall Street Journal, I was alerted via email by one of the readers that another of FinanceTwitter’s article was highlighted by another heavyweight financial portal, CNN.com. I couldn’t believe it but after checked it out, it shows […]
... written on Sep 19 2007You won people – you got your interest rate cut after months of chanting, so much so that U.S. Federal Reserve Chairman Ben Bernanke admitted defeat and cut the funds rate by a whopping 50 basis points. But really, can the current new rate of 4.75 percent (from previous 5.25%) help the ailing housing sector? […]
... written on Sep 19 2007If you do not know yet, the announcement is already all over the financial news portal. Federal Reserve Chairman Ben Bernanke and his central bank colleagues admitted defeat and lowered the interest rate to 4.75 percent, a half point cut from 5.25%, pressured by the political and economy built up over the months. Wall Street […]
... written on Sep 19 2007Just how on earth do you pronounce “Thoof” and most important of all what does this word means? If you check the word against thesaurus, it’s a dead-end. If you split the word to “The” and “Hoof” it’s a dead-end as well. In a nut shell, no one really knows the meaning behind Thoof brand […]
... written on Sep 19 2007As expected, oil prices climbed to a fresh high with the light sweet crude for October delivery rose as high as $81.18 a barrel in Asian electronic trading on the New York Mercantile Exchange, before retreating slightly to $81.04, midmorning in Singapore. Basically the stocks markets across the globe have been quiet with most of […]
... written on Sep 18 2007It was a rare sight though it happened before but those were during the recession period. Sometimes you watched it during some television dramas but in actual fact it’s a rare occasion. What I’m talking about is the panicky depositors showed up in drove to withdraw their savings from financial institution. Well, believe it or […]
... written on Sep 17 2007By far you’ve heard and read why everyone was and is still chanting for the Fed to cut its key rate from the current 5.25% to 5% or even 4.75%, if Bernanke is serious in wanting to make the investors “happy”. The investors are threatening (sort of) to boycott the stock markets by not participating […]
... written on Sep 17 2007Next week will be an interesting week, especially with the FOMC meeting on Tuesday, 18th Sept 2007. Given the damage done and the meltdown in subprime lending, the expectation is extremely high from investors for Fed to cut interest rate.to help support the U.S. economic growth, which has indirect effect on the global stock markets […]
... written on Sep 16 2007
