Chinese Steel Makers Cutting Production - JPM

More... pdf

Wave of patriotism emboldens nation

Olympic triumphs have strengthened national pride and Beijing’s global role, academics say

More... text / pdf

9% Growth May Trigger Radical Policy Rethink

If China’s fourth quarter economic growth slows to under 9%, current economic policies, characterized by slight adjustments, may also see some changes and China will be looking at spending big money in support of areas deemed vital to its still modernizing economy.

More... text / pdf

Slumping Steel Demand Bodes Ill for Iron Ore, Coke Suppliers

“It only took a month for steelworks to go from hot summer to cold winter,” says Yang Siming, General manager of Nanjing Iron and Steel Co., Ltd. (Nanjing Steel), describing the steady decline of steel prices since mid-June.

More... text / pdf

Lee Shau-kee says time is right to dive back into ‘oversold’ shares

Lee Shau-kee, who last year was touted as Asia’s Warren Buffett but who has had a mixed record of predicting the market, says Hong Kong stocks have been oversold and now is the time to buy.

More... text / pdf

Chinese Stocks Are World’s Worst In 2008

China won the most gold at the Olympics, but the country’s stock market is in dead last.

“China’s rally is probably a 2009 event, not a 2008 event,” he said.

More... text / pdf

Commodity hedge fund collapses

NEW YORK: The hedge fund manager Ospraie Management has said that it will close its flagship fund after it plunged 27 percent in August on losses in energy, mining and natural resources equity holdings, in one of the biggest ever closures of a commodities-focused hedge fund.

More... text / pdf

Clergy ‘wary of inter-faith talks’

Dr Mathews noted that Christianity in Singapore tends to be conservative, evangelical, ‘embracing an exclusivist stance’ in viewing other religions.

Shall I say elitist's attitude too, since only their believers go to heaven but non believers go to hell?

More... text / pdf

U.S. Stocks at 25.8 Times Profit Means Rally May End

The best already may be over for the U.S. stock market this year.

“My intuition is that they are too early,” he said. “In an ordinary cycle, this should be the time to start thinking about buying. This isn’t an ordinary cycle.”

More... text / pdf

Asia Currencies to Fall 12% on Capital Flight, ABN Amro Says

Sept. 3 (Bloomberg) -- Asian currencies could weaken another 12 percent in the next six to 12 months, with South Korea’s won at most risk, as $1 trillion of capital inflows into the region since 2001 reverse, according to ABN Amro Bank NV.

More... text / pdf

HSI Put Warrant F5LW Hourly

This PW may retest 0.510 again.

Tibet: The Shangri-La that exists only in the West’s imagination

Since “violent Tibetan” does not fit our stereotype, our media fixed the news. While Chinese media showed extensive footage of violence and interviews with Chinese and Tibetan victims, Western media manipulated images and even showed footage from other countries (Nepal and India) in order to paint a picture of ruthless oppression by China’s government.

More... text / pdf

Credit crisis: $716b written off, more losses to come

GENEVA: The credit crisis has forced financial firms to write down US$503 billion (S$716 billion) worth of assets, but more losses could yet come in months ahead, the top world central banking body has warned.

More... text / pdf

Managers quitting as hedge funds take a hit

(BOSTON) Running a hedge fund was long considered the crown jewel in finance but this summer a growing number of managers have called it quits, unable or unwilling to keep going during one of the industry’s worst-ever years.

More... text / pdf

Wall Street still irrationally exuberant

ALMOST a year into the US sub-prime crisis and equity markets around the world are still reeling from its fallout. In US dollar terms, Hong Kong’s Hang Seng Index is down 24 per cent year to date, the Straits Times Index 22 per cent, while the stock markets of China and India have dropped 52 and 36 per cent, respectively.

More... text / pdf

World’s super-rich moving into cash: HSBC

They’re pulling out of stocks, bonds, structured products

More... text / pdf

Is sex on the beach legal?

Two Britons have appeared in court in Dubai after allegedly having sex on a beach in the Muslim emirate. What would happen if a couple got frisky on a beach in the UK?

More... text / pdf

Corpse-selling gang held for killing 100 frail victims in Guangdong

More than 100 disabled or elderly people may have been murdered by a gang in Puning , Guangdong province, and their corpses sold for cremation to families wanting to bury their dead.

More... text / pdf

A Bad Summer for Stocks? This Fall Could Be Worse

Boyle has been consistent in predicting sharp stock downturns this year, and says that by October the Dow will slip below 10,000 and the S&P will tumble to 1,100 or lower, and the Nasdaq tech barometer is on its way to between 1,500 and 1,600.

More... text / pdf

F9QW HSI Call Hourly

The bull is winning the 20800 battle, looks good to test 0.50.

Changtian Daily

I find this Changtian interesting.

Disappointing growth for Chinese companies

SHANGHAI: Disappointing first-half earnings growth at Chinese companies is a harbinger of gloomier news for the country’s stock market, which is already the world’s weakest performer this year.

More... text

Don't look around, you trade (or used to) this way

How just our meritocracy?

Singapore needs to find a better balance so that social inequality does not become entrenched.

More... text / pdf

Women warned not to wear perfume during pregnancy

PREGNANT women have been advised to avoid using perfumes or scented body creams after research suggested the products can cause unborn boys to suffer infertility or cancer in later life.

More... text / pdf

Numbers don’t lie: The SGX is a penny stock market

If SGX had a minimum-price continued listing rule, then more than 80 per cent of the Singapore market would vanish.

More... text / pdf

Fewer property deals in Olympic cities spark fears of price plunge

The Olympic party is over and, for property owners in Beijing, the hangover is just beginning.

More... text / pdf

Li Ning scores a 10 in ambush marketing

At the Beijing Olympics, it wasn’t just Olympians and the Chinese government that were gearing up towards the big event. Marketers were working hard to catch some of the limelight that official Olympic sponsors paid handsomely for. Authorities at central and local levels had united to keep sponsors happy.

More... text / pdf

War with Russia is on the agenda

Thinking about the massive failure of the U.S. media to report truthfully is sobering. The United States, bristling with nuclear weapons and pursuing a policy of world hegemony, has a population that is kept in the dark -- indeed brainwashed -- about the most important and most dangerous events of our time.

More... text / pdf

Crude seen at US$90 before rebounding

More... text

A Poem by Ong Ah Bee

More... text / pdf

F9QW HSI Call Hourly

HSI bull and bear fighting out at 20800 level. If the bull wins, this call is worth a look.

What a Difference a Century Makes: China from Imperial Plaything to Global Leader

More... text / pdf

Exchange-traded funds ‘ideal for volatile market’

Local investors have curbed their appetite for stocks amid roller-coaster-like volatility. But Deutsche Bank is hoping to draw them back into the market by introducing exchange-traded funds (ETFs) as a way of diversifying their exposure to volatility.

More... text / pdf

Why you can’t beat forced savings for long-term gain

Investment-linked insurance policies - which combine life insurance and mutual funds - have become so popular for many insurance companies that they represent almost half of their sales.

More... text / pdf

Support the MRT name change from Duchess to Hwa Chong Station

Next stop on Downtown Line: Hwa Chong station?

More... text

Million-dollar question

Taiwan’s ex-president Chen Shui-bian may yet rebound from claims of money laundering

More... text / pdf

1t yuan paper loss for funds

(SHANGHAI) China’s mutual fund sector incurred a record 1.08 trillion yuan (S$223.2 billion) in paper losses in the first half of this year due to the stock market’s tumble but management fees more than doubled from a year earlier, the official Shanghai Securities News reported yesterday.

More... text