Wednesday, 15 April 2009
Tai-tai: I visit club because I can’t resist temptation
‘I’d feel something was missing if I had to skip one of my regular visits to the club.’
Tuesday, 14 April 2009
Understanding Sovereign Wealth Funds
The launch of the Santiago Principles should effectively clear away negative impressions and confusion over sovereign wealth funds.
A Realistic Prognosis for Medical Reform
China’s new health care reform plan provides for better care and protection, but not universal public access and coverage.
Male infertility rate on the rise in Shanghai
In an increasingly mobile and competitive world, even one’s manhood is under threat. Forget about grooming or making more money. It’s time men started watching out for their sperm.
Migrant workers likely to visit illegal clinics despite deaths
Uninsured migrant workers are still likely to visit illegal clinics in Beijing even though fellow workers have died in such places, according to state media.
South Korea fears rise of China, citing trade rivalry
South Korea expressed concern yesterday about China’s rise as a global economic power, saying its own economic growth could be harmed.
Wells Fargo Q1 Profits Packed with Accounting Gain
It appears, however, that as much as nearly one-third of the bank’s first quarter earnings may be nothing more than the result of an accounting treatment; without such a move, tangible common equity would be 10 bps less than the 3.1 percent the Street expects.
Goldman Pushes Stock Issue in Plan to Escape U.S. Grip
Goldman Sachs Group Inc., frustrated at federally mandated pay caps, has been plotting for months to get out from under the government’s thumb.
Expect more bottoms: Jim Rogers
Equity markets may dip below recent lows as more troubles lie ahead in the financial market, investor Jim Rogers says.
Taxpayer Funded Goldman Sachs Profits
This is theft on the sort of grand scale that calls for the population to revolt. Perhaps the French peasants were right; Time to bring the guillotine for executing nobles and bankers. . .
Double Dipping in 2010
Asset prices have started to climb again, but their rise stems from a bear-market bounce, opening the door for a second global dip in 2010.
The last structural bear market happened in the 1970s and lasted for ten years. It is obviously difficult for investors to stay on the sideline for a decade. After all, how long does one live? This is why a structural bear market swallows more and more people through such rallies. The ones that jump in later tend to be more patient and probably smarter. I am afraid that the current bear market won’t end until it brings down Warren Buffett.
The last structural bear market happened in the 1970s and lasted for ten years. It is obviously difficult for investors to stay on the sideline for a decade. After all, how long does one live? This is why a structural bear market swallows more and more people through such rallies. The ones that jump in later tend to be more patient and probably smarter. I am afraid that the current bear market won’t end until it brings down Warren Buffett.
Monday, 13 April 2009
Pay for research, please
Poor market sentiment and trading volumes have taken a toll on broking fees and commissions. This has raised concerns over whether the challenging conditions may direct brokerage-backed research towards stocks that can better attract the volumes and revenues for the broking houses.
Yanlord reports 2b yuan sales as market rebounds
Yanlord Land Group, which focuses on investments in mainland properties, says it had secured 2 billion yuan (HK$2.27 billion) in property sales in the first quarter, representing nearly 40 per cent of what it achieved for all of last year.
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