Saturday, 16 August 2008

Dr. Doom



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Hot Money Scapegoated for A-share Market Nosedive

China’s A-share market has plummeted over 10% in the week since the opening of the Olympic Games, and many investors are wondering if hot money is short selling A-shares. Since the middle of October last year, the A-share market has dropped by 60%.

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David Stevenson: Go on the defensive to avoid fate like Japan’s

A disturbing thought has been dogging me: we may not be about to enter a “normal”, cyclical bear market of 25 to 30 per cent losses, but may instead endure a bear market akin to Japan’s, where returns on equity are pounded down as successive waves of rallies are consumed in a wider sense of gloom and re-rating.

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Sunday, 10 August 2008

Hedge funds brace for more heat after record losses

Hedge funds are braced for more dire performance data after sharp reversals in commodities and financials last month pushed some funds to record losses - making the goal of positive returns for the year even harder to reach.

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Saturday, 9 August 2008

Beijing 2008 Olympics

Highlights of the opening ceremony.

You can click to watch the video in high quality.

UN chides media ‘frenzy’ over Beijing smog

BEIJING - THE United Nations’ environment boss has rebuked global media for a 'frenzied focus' on Beijing’s pollution and ‘amnesia’ over past hosts’ similar problems.

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Thursday, 7 August 2008

清明上河圖

Along the river during the Ching-Ming Festival

This painting was originally painted during the Northern Song Dynasty, 1085-1145. It was repainted again during the Qing Dynasty. It is measured 528cm in width and 24.8cm in height. It is considered as one of the Great Treasure of China and was exhibited in the Hong Kong Museum of Art last year.

Take your time and walk through this painting which stretches across some length. At each of the three white boxes, click your mouse within the box and you will be amazed.

View the painting here

Wednesday, 6 August 2008

You Can’t Control Animal Spirits


A regulator can never, and should never attempt to, control the animal spirits of the market. When markets are going up should a regulator stop them? How can a regulator “decide” that the market is too high? That it is just a bubble? They can’t -- no one can.

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Tuesday, 5 August 2008

FerroChina



This is my first attempt to use Fibo Fan tool.

Finish Strong

Life is 10% what you make it and 90% how you take it – Irving Berlin

View the video here.

HSBC warns on credit crisis in Asia

HSBC on Monday warned the credit crisis was beginning to hit Asia as the banking group signalled emerging markets would not be immune to a severe economic slowdown in the US.

Stephen Green, HSBC’s chairman, said the bank had seen signs of an economic slowdown in countries such as India and Vietnam, combined with rising inflation. Falling stock markets had hit demand for wealth management products in the region.

Monday, 4 August 2008

Gossips

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Sunday, 3 August 2008

Memories...

I Dont Like To Sleep Alone - Paul Anka

My Way - Paul Anka

Put Your Head On My Shoulder - Paul Anka

S&P emails slammed mortgage debt products

CHICAGO (Reuters) - Analysts at Standard & Poor’s Rating Services warned against mortgage-related debt products in internal e-mails that, in one case, called the complex financial deals “ridiculous,” the Wall Street Journal reported in its weekend edition.

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Friday, 1 August 2008

Gossips

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Finding Joy

Turn on your speaker and enjoy here

Profits of Doom

The rise of the bearish analyst

TEN years ago it was easy to make your name as a securities analyst. Take a technology stock, think of a number, double it and then announce that as your price target. Time it right and your call would be a self-fulfilling prophecy, as investors worldwide would regard your views as a buy signal. Mary Meeker of Morgan Stanley and Henry Blodget of Merrill Lynch ruled the markets.

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Disney Shanghai to include media deal

The joint venture agreement would give Disney a huge advantage over U.S. media rivals by allowing it to bypass foreign film import quotas and summer and holiday blackout periods, as well as television censorship, both imposed by the central government.

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