When someone shares with you something of value, you have an obligation to share it with others.
Thursday, 7 May 2009
Confession of an S-chip boss
Goh Eng Yeow receives an e-mail on the rise and fall of an unnamed player.
Emerging-Market Stocks May ‘Break Out’ by Year-End, Mobius Says
Emerging-market stocks may “break out” into a bull market at the end of the year as falling interest rates and easing inflation make equities more attractive, Templeton Asset Management Ltd.’s Mark Mobius said.
Wednesday, 6 May 2009
China Stocks ‘Bubble’ Is Almost Over
A rally in China’s stocks is close to ending as investor confidence in the nation’s economic recovery weakens and bank lending slows, according to China Galaxy Securities Co., the nation’s largest brokerage.
Tuesday, 5 May 2009
Why the Markets Are Up
To understand the rally, recognize that the GDP statistics you are reading are already out of date.
Wave 3
Wave 3 is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a pullback" will likely miss the boat. As wave three starts.
Scenario 1: today close below opening index 2056, tomorrow gap down (fulfil evening star);
Scenario 2: close near day high again, resume uptrend, target 2400.
Scenario 1: today close below opening index 2056, tomorrow gap down (fulfil evening star);
Scenario 2: close near day high again, resume uptrend, target 2400.
Chinafornia, Chinazona, Chutah, and Chindaho
HK gamblers losing billions in Macau’s VIP rooms
A confidential report commissioned by the Hong Kong Jockey Club to assess the impact of VIP gambling junkets to Macau has estimated that between 4,000 and 8,000 Hongkongers make 10 to 25 such trips to the city each year.
Monday, 4 May 2009
Hang Seng set for third and final plunge, analysts warn
Global market troubles likely to extend into summer
Sunday, 3 May 2009
H1N1 flu could worsen global recession, say analysts
The swine flu outbreak could shatter fragile signs of a global economic rebound, but the gravity of its impact depends on the death toll it inflicts and the panic it generates, analysts said.
Financing your overseas home
Credit crunch means it’s critical to research loan options before making commitment
Huawei and ZTE Moving Up the Global Scales. Ericsson Next?
China’s two telecoms tigers, Huawei and ZTE, are so far the only two among all their major competitors who have managed to maintain sales and profit growth. Now their ambitious competitive strategies are beginning to challenge behemoth Ericsson for dominance in the telecoms industry.
Beijing Acts to Curb Statistics Cheating, Gain Credibility
To become a leader in the global economy, and to be the first among all countries to revive from the present crisis, is the mighty goal the country has set for itself. But for that to be believed beyond, and even within, China’s own borders will require the generation of some believable statistics, a prospect that has always proved illusive in this country. Exhibit A includes just revealed economic figures for the first quarter of the year that are triggering doubt after doubt, both publicly and privately.
Saturday, 2 May 2009
Hot-shot fund managers burnt by crisis
China’s Post-1979 Consumer Class
Free-spending ‘Phoenix’ generation seen as both saviours and anti-heroes
Foreign funds flow to Asia on recovery hopes
Regional govt efforts to drive economies out of recession are fuelling investor appetite for risk
SGX watch-list firms running out of time
Nine have less than a year to apply for removal, most are still not profitable. By Joyce Hooi
Friday, 1 May 2009
China recovery hinges on private sector
The catch is that the private sector is sitting on its hands - with good reason
New rules to curb foreign financial info agencies in China
China yesterday unveiled new rules governing foreign providers of financial information, demanding that they not furnish domestic clients with information that could destabilise markets or stir up social tension.
‘Sell in May and Go Away’ May Not Be a Good Idea This Year
The old “sell in May and go away” adage may be only partially true this year: Investors may sell a bit but aren’t likely to stray very far after they do.
Beijing pushes traditional herbal remedy
Mainland health authorities have released three herbal medicine prescriptions they claim can block and cure swine flu.
Rejoining UN health body opens a door for Taiwan, Ma says
Taiwanese President Ma Ying-jeou said yesterday rejoining the World Health Assembly has opened a door for the island to increase its international presence.
Controversial content in AWARE’s sex education programme sparks debate
When TODAY showed him two pages of the CSE trainers’ manual, which stated that “anal sex can be healthy” and that “homosexuality is perfectly normal”, Rev Yap said that he “had no problems” with the content.
China’s Dual – or Duelling – Finance Hubs
Hong Kong’s role as a financial centre role is being challenged by Shanghai and yuan-based financing. Can the cities work together?
Corrupt official’s exploits made into anti-graft documentary

A corrupt high-level Beijing official’s exploits with mistresses and real estate developers have been made into a documentary that is being broadcast to Communist Party members nationwide as authorities wage war on corruption.
The documentary said a single real estate developer deposited about 400,000 yuan into Zhou’s bank account every day for three weeks in 2003, as payment for a lucrative hotel construction project.
Milk-scandal officials quietly given key jobs
Two officials disciplined for the melamine-tainted milk scandal were quietly reappointed to key positions months before their punishments were handed down to them.
Shanghai’s New Route to Financial Prestige
Through its international shipping port, Shanghai may have found a way to build a global hub for the financial services industry.
Sovereign Wealth and the Financial Crisis
China’s sovereign wealth fund CIC is holding cash assets and plans to ride out the economic downturn with minimal risk.
Dalai Lama sought refuge three years before uprising, claims biographer
The Dalai Lama wanted to defect to India as early as three years before he ultimately fled there in 1959 after a failed armed rebellion against Chinese rule, a historian and veteran journalists in India say.
Experts now believe Nehru had a change of heart three years later for three reasons: the emergence of territorial disputes straining Sino-India relations; escalating unrest in Tibet; and mounting pressure from the US and Britain for New Delhi to “take on China headlong” over Tibet.
Experts now believe Nehru had a change of heart three years later for three reasons: the emergence of territorial disputes straining Sino-India relations; escalating unrest in Tibet; and mounting pressure from the US and Britain for New Delhi to “take on China headlong” over Tibet.
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