Saturday, 6 June 2009

In honour of a deified general

A large paper-cut piece of Guan Gong has been created by Chinese paper-cut lover Gao Xiaodong in Hejin, in Shanxi province.

He spent nine months making 'Profile of Guan Gong', which measures 13m by 8m. Guan Gong is the deified image of general Guan Yu from the Three Kingdoms Period in Chinese history.

5 in the running for Ferrari dealership

They include Ong Beng Seng, incumbent Hong Seh and other sports-car dealers

Debunking China myths

Old myths co-exist with new realities, and unravelling the two presents a major challenge to Westerners.

Thursday, 4 June 2009

Signs of recovery driven by liquidity, not return to normality

In other words, we are nowhere near back to normality, whatever the headlines might indicate, and the current bull market in stocks looks vulnerable to a correction should anything happen to knock a hole in investors’ sentiment.

UBS sees Asia markets rallying in second half

“I certainly believe a turnaround will take place in the second half, as investors are increasing their risk appetite, encouraging them to put more money in the equity market,” said David Chin, a co-head of investment banking at UBS Asia.

Wednesday, 3 June 2009

Morgan Stanley raised China Stocks to “Neutral”

China stocks were upgraded to “neutral” at Morgan Stanley, which said the growth in liquidity globally is boosting asset prices.

S&P 500’s Rise Past 200-Day Average Signals Gains

The rally in the Standard & Poor’s 500 Index above its 200-day moving average is sending a bullish signal after the measure traded below the level for the longest period since the 1930s.

Tougher action needed on errant S-chips

SGX should enlist China’s help and tighten own listing framework

Tuesday, 2 June 2009

S&P 500 Rally Is in Last Stages, Aurel Says: Technical Analysis

The two-month rally in U.S. stocks is in its final stages and a correction will take place in the coming weeks, according to a technical analyst at Aurel BGC.

Technical Analyst Michael Krauss on S&P 500

S+P 500 Breakout from May’s Range Seeks Our 950-1000 Pre-Summer Target

Monday, 1 June 2009

‘The trend is your friend - until it bends’

Cast a stone at random into a crowd of stock market enthusiasts and chances are it would land on someone who might confess to being somewhat bewildered by the strength and endurance of the present rally.

Struggling GM thrives in China

It is achieving record sales there and may export to the US

Decades of mistakes, missteps led to downfall

The downfall of General Motors (GM) comes after decades of mistakes and missteps chipped away at the reputation and market share of the once mighty carmaker and buried the Detroit giant in debt.

Xtep stays a step ahead of the rest

Though most of the panic-stricken Chinese shoemakers call the ongoing global economic crisis the worst ever in their career, others like Ding Shuibo are optimistic.

Regulate with a Big Stick, Not a Fly Swatter

China’s securities regulators should focus on sound oversight and tough discipline to protect, not merely stabilize, the market.

Personal Ties Turn Bitter for Sinolink Chief

A suspicious trail led investigators from key figures at the China Securities Regulatory Commission straight to Sinolink’s Lei Bo.

IPO Reforms No Guarantee of Market-Oriented Share Issues

The IPO reforms feature auction-based share issues intended to give small investors a better chance and reducing the disparity between share offer prices and the prices achieved on the first day of trading.

June 4 a closed book for many bright young minds

“Fear lies only in your heart and if you ignore it, it will disappear,” he said.

Will today’s students remember?

Keeping memories of June 4 alive is a challenge