1MDB Running into Big Mess?
1MDB has been in the headline recently as it failed to pay off RM2 bil loan due on 31 Dec 2014. Thestar has its full report here. This is just a tip of the iceberg as the biggest concern been...
View ArticleKLIBOR pegged Housing Loan
Most of us heard of BLR (Based Lending Rate) and the recently introduced Base Rate (BR) in relation to housing loan. Effectively early this month, all commercial banks that packaged housing loan based...
View ArticleQuantitative Easing in Eurozone to Start Soon?
ECB is scheduled to meet on the 22nd January and will introduction of QE be on its card to solve the deflation problem that has been haunting Euro area since in Dec 2014? Data released last week...
View ArticleSome Developments in the World Market
There have been a few key developments in the world that might have implications to the stock market: China The China Securities Regulatory Commission (CSRC) said on Friday it had banned Citic...
View ArticleWill Crude Oil Slide to $33?
When I look at the monthly chart of Crude Oil, it has very close similarity to what had happened from mid 2008 to early 2009 during the financial crisis. The decline in crude oil price in 2008-2009 was...
View ArticleCompetitive Devaluation in Play?
Currency war or competitive devaluation refers to a condition in international affairs where countries compete against each other to achieve a relatively low exchange rate for their own currency. As...
View ArticleCredit Rating Agency
Standard & Poor’s (S&P), Moody’s, and Fitch Group are the “Big Three” Credit Agency that are no stranger to the investment world. AAA, Ba3, Ca, CCC… they looked like some high school rating but...
View ArticleMalaysian Ringgit – on the way to RM3.80?
A chart tells a thousand words. The chart below shows the Ringgit-USD trend over the 1 year period and you can see that it has weaken in an almost liner line since August before recorded a recent low...
View ArticleHow Will Rise in US Interest Rate Impact the Market?
The wait is not over yet while all the recent news points to a rate hike sooner rather than later. Most analysts believe that it will happen in year 2015 rather than 2016. The most recent prediction...
View ArticlePaying to Save
Imagine the situation where depositors need to pay to keep their money in the bank; or in another word receiving at maturity an amount less than what they had originally deposited. This is essentially...
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