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Reuters agreed on Tuesday to a $17.2 billion takeover by Thomson that would vault the combined entity ahead of Bloomberg to become the world’s largest financial data and news provider. Reuters trustees, who could have vetoed any takeover, endorsed the deal, which is still subject to approval by shareholders and regulators. Holders of each Reuters […]
... written on May 15 2007Besides investing stocks or trading option which deals directly with a particular stock, there’s another method of trading with reduced risks. This concept involves putting some selected or all stocks into a basket to make a better weightage with much more reduced volatility. Enter ETF, short for Exchange Traded Funds, which are very popular in […]
... written on May 15 2007Hap Seng Consolidated (KLSE: HAPSENG, stock-code 3034) today triggered MACD and FinanceTwitter “Buy Signal” after the market closing. The bull against bear ratio registered at 2,529 Bulls : zero Bears. Stochastic has just crossed and closed at current value 61 while RSI is at a strong level of 77. Volume has been the strongest registered […]
... written on May 14 2007Global leader in digital world measurement, comScore Media Metrix, which services are used by more than 700 clients has released its monthly analysis of U.S. consumer activity for the month of April 2007. Not surprising is the addition traffic to flowers, greeting and gifts sites as consumers prepared for Mother’s Day and graduation. What surprises […]
... written on May 14 2007If you ever noticed since Kuala Lumpur Stock Exchange (KLSE) breached the 1,200 points (a plus-minus figure), the composite index has been slowly but surely reflects a “normal” market trend consistent with the fluctuation of global stock market direction. I said “normal” because prior to this Malaysia’s stock market has been defying the gravity and […]
... written on May 14 2007Insider trading are on the rise, if the the number of reports are anything to go by. Regulators are feeling the heat on Wall Street and begin to compare it to the 1980s when the illegal insider trading was said to be like printing money. Insider trading is not confined to Wall Street but in […]
... written on May 12 2007Singapore has won a five-year deal to host a Formula One race starting next year and plans to stage the first ever night grand prix, speeding past skyscrapers, colonial-era buildings and the waterfront. The race may be held in September or early October 2008, and the city-state has the option to extend the deal for […]
... written on May 11 2007A report from Reuters quoted that iPods can cause cardiac implantable pacemakers to malfunction by interfering with the electromagnetic equipment monitoring the heart, according to a study presented by a 17-year-old high school student to a meeting of heart specialists. The study tested the effect of the portable music devices on 100 patients, whose mean […]
... written on May 11 2007Perodua (Perusahaan Otomobil Kedua Berhad) or in English, Second Automobile Manufacturer Limited Corporation, is launching its’ new model today. Perodua is Malaysia’s second automobile manufacturer after Proton Holdings Bhd (KLSE: PROTON, stock-code 5304). In actual fact Perodua does not actually produce any in house design and engineering for the main components such as the engine […]
... written on May 11 2007Right after I blogged about the BUG, Apple Inc.’s (Nasdaq: AAPL, stock) surprised me when the stock price fell almost 2 points (that’s 2 bucks). I haven’t checked the news as I’ve opened too many sessions but I don’t really care if it’s just a minor hiccup. I just click sell at the market price […]
... written on May 10 2007
