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Stocks which originally were lifted in early trading on government data that indicated that inflation remains in check couldn’t sustain the fears spread across the investors in Wall Street. In mid afternoon trading, the Dow Jones industrial average fell 179.73, or 1.36 percent, to 13,056.80. The Standard & Poor’s 500 index shed 20.13, or 1.39 […]
... written on Aug 14 2007Please allow FinanceTwitter to stop blogging about making money investing stocks and option trading for some minutes as a small way to extend our condolences to the families in the “worst ever” road accident in the history of Malaysia in which 20 people were killed while nine others injured.As usual, when such thing happened, you […]
... written on Aug 14 2007What had happened last Friday was indeed an amazing but the Malaysian authorities should put in a better framework to prevent it from happening again. Everyone was wondering what actually happen when the big block of Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) shares changed hands at RM12.90 each in an off-market married deal, way […]
... written on Aug 14 2007The decision by Asian central banks in refraining from joining U.S. and European counterparts in pumping additional cash into their markets should be lauded and would be the correct measure to tackle the current subprime mortgage crisis in the United States. Central banks in South Korea, the Philippines, Singapore, Indonesia, India, and Malaysia have said […]
... written on Aug 13 2007The market’s anxiety over shrinking credit remains and will continue to haunt the investors this week, and even if stocks manage gains after weeks of volatility, no one will trust (including FinanceTwitter) that they’ll stick – reported AP. There will be no fresh start on Wall Street Monday when traders and investors get back to […]
... written on Aug 13 2007Everyone who at least reads news in one type of media or another, be it internet, newspaper, TV or just radio can tell you the General Election is around the corner. This time it’s almost a sure bet, judging from the 360 degrees turn the way news were presented to the audience (you dude). And […]
... written on Aug 12 2007Malaysian should be proud to have a great leader especially when the country is in such a strong foundation that any shakeout from the global giant U.S.’s economy would not affect Malaysia in any way. If you don’t believe me, you just got to listen to what the Second Finance Minister Nor Mohamed Yakcop said […]
... written on Aug 10 2007I hope you’re still sitting on the fence watching the stocks take its course. Wall Street fell sharply again Thursday after a French bank said it was freezing three funds that invested in U.S. subprime mortgages because it was unable to properly value their assets. As of 1:15 p.m. trading time, the Dow Jones was […]
... written on Aug 09 2007After failing to get anything out from Raja Petra in a 8-hour questioning session, the Malaysian police turned their target to his wife although there’re no specific reasons as to why she was involved. The war between bloggers and government peaks when the prominent Malaysian political blogger Raja Petra Kamarudin was accused of belittled Islam […]
... written on Aug 09 2007It’s rare to have a president talk about stock market, especially from the President of the United States of America, unless the stock market is really ill. But President Bush did it yesterday, reassuring the stock investors that the markets will work their way through the turmoil safely and achieve a “soft landing.”President Bush, reported […]
... written on Aug 09 2007
