Think Positive

Monday, 24 August 2009

China lists penalties for ‘small coffers’ offences

Officials guilty of having illegal special personal funds may be warned or sacked from party

Foreign audits may need local sign-off

Governance advisers post-IPO also part of SGX’s proposed regulatory changes

Hole in wall of Swiss banking secrecy

Treaty with US blurs distinction between tax fraud and tax evasion

Keep a hand on the tap

We need foreign talent, but let’s not change too much, too fast

More passport cheats nabbed

Real travel documents used to fake identity as forgery becomes harder

Super-rich hit a sobering wall

A 30-year period in which affluent Americans became both wealthier and more numerous may be ending, analysts say

SGX may force lifting of veil on pledged shares

Requirement is among several new rules under consideration in light of recent experience

Timely disclosure must be enforced

Any tardiness by listed firms in announcing share trades could hurt investor confidence

Why is the African continent poor?

“Africa is not poor,” President Johnson-Sirleaf added, “it is poorly managed.”

Cosco

With a closing of 1.24 today, it's more apparent now that it was a false break down last week. All the MACD, Stochastic and ADX indicators showing a nice reversal.

Sunday, 23 August 2009

Time to overhaul ratings firms that helped create this mess

It boggles the mind that the ratings companies are getting off so easy as the world tries to fix a broken financial system. This is one of the places where big changes could matter most, so we will regret it later if we waste this opportunity.

Understanding risk and setting your threshold

Many investors felt like they had nowhere to hide last year. Investment types that many thought might offer shelter in inclement weather for the stock market - such as bond funds and commodities - posted painful losses. Such blow-ups highlight the facts that investing comes with risks and that some investments are riskier than others. Identifying those risks, in addition to figuring out how much you are willing to tolerate, is one of the most important aspects of long-term planning.

Halcyon days of hiding money offshore are over

Global brands turn to China’s young amid slump

“Many foreign brands are looking at China as a life vest,” said Mary Bergstrom, founder of Bergstrom Trends, a youth-trend research company in Shanghai.

CIA report has new details of prisoner abuse

CIA interrogators carried out mock executions and threatened an al Qaeda commander with a gun and an electric drill, according to an internal report that provides new details of abuses inside’s the agency’s secret prisons, two leading U.S. newspapers reported on Saturday.