From the category archives:

International

How does the new Public Bank’s PB USA Recovery Fund work?

May 12, 2009

I saw an ad in today’s paper about the newest fund in the market by Public Bank – the PB USA Recovery Fund. From what I understand reading the brochure, this is a structured fund and it’s 100% capital protected in Ringgit. This fund aims to capture the economic recovery of the US equity market in the [...]

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Arab investors to spend US$300 million to build Mini Arab in Malacca

April 30, 2009

I know we get quite a lot of tourism business out of the Arabs every year. But I didn’t know that they were bringing in so much of money that even Arab investors are now interested to build a mini Arab in Malacca to attract even more Middle Eastern visitors!
And to spend something to the [...]

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More gloom ahead for financial institutions – HSBC cuts jobs

March 2, 2009

With the recent market nervousness that’s been created by the news of AIG and Citigroup both needing urgent funds with one resorting to disposing valueable assets and the other on the verge of nationalisation, yet another news is cropping up from another financial institution.
This time, it is HSBC who needs to raise some $17 billion [...]

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US dollar and British pounds are doomed

January 20, 2009

Well this isn’t my theory, of course. Legendary investor Jim Rogers thinks that the US dollar is heading towards doomsday. And so is the British pound. In fact, he thinks the pound is headed towards more doom than the US dollar. On the contrary, I’ve read recently that since the pounds has come down in [...]

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Who says you can’t be an overnight millionaire?

January 16, 2009

It’s not possible for just about anyone, that’s for sure. But it is highly possible for someone named Natalie Dylan. This 22 year old is auctioning her virginity at 2.5 million pounds and she is still not accepting that amount as she’s waiting for a better offer! Now who says you can’t be an overnight [...]

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