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

Secretary accidentally bites off boss’ penis

She was giving him oral sex in a car.

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To understand the rally, recognize that the GDP statistics you are reading are already out of date.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.

Chinafornia, Chinazona, Chutah, and Chindaho


What if the U.S. broke up (much like the Soviet Union did in the early 1990s)? According to one Russian professor, it means that Governer Ahnold may need to learn Chinese.

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

Asia’s private banks face hard times ahead

After the boom years comes the hangover

公道自在人心

能于名利事相处心安人定
善与是非人共容亲多叛寡

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


CMIA's managing partner Lee Chong Min. The firm's FerroChina stake, valued at $240 million in 2007, is now effectively worth nothing.

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.

Rule change boosts Taiwan stocks

Taipei stock index soars 6.7% on hopes of investment flows

‘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.