07Nov Oil price hits US$60 and automatic reduction in EPF contribution
The world oil price has been quite a yo-yo of late. As of this morning, it was reported that oil price is now at US$60.77, an all time low since March 2007. Markets around the world are also falling. Our KLSE is no different, as a quick check on the top counters today revealed most [...]
31Oct More reduction to fuel price
It’s good news coming on Halloween’s Day that our local fuel price will be further brought down by 15 cents, taking effect as early as tomorrow, 1 November 2008. It is also said that the price of fuel is also expected to be reduced further come 15 November 2008 but nothing is quite firm on [...]
23Oct Why gold is falling and when it’s expected to climb again
Gold was thought to be a perfect hedge against the stock market because it moves in opposite directions. Since the market came crashing down with the downfall of investment banks, this theory held true and the price of gold shot up almost immediately as Dow Jones slipped. However, we now see both the stock market [...]
16Oct At last, the market falls
Don’t you think amidst the global financial crisis over the weeks, our market has been very well maintained in terms of the slow slide on the exchange? It looks as if there was a magic hand sustaining the market and allowing it to drop only bit by bit. However, I didn’t think it could be [...]
