May 17, 2012 -- Updated May 11, 2012 01:52 HKT
Asia
Jamie Dimon and JPM Should Move to Asia
JPMorgan Chase & Co. (NYSE:JPM) Financial Institutions around the world and especially those in Europe and the USA face a crucial set of choices about the future of their institutions. Western Governments are riddled with debt and their only way out is decades of austerity and taxes, but the new world is a mobile world, [...]
Asia Currency Preview AUD, EURO, USD, JPY
EUR taps 4 month Low USD-JPY: 79.85.. EUR-USD: 1.2848 EUR-USD taps 4 month low: The US Dollar index has slipped off its best levels of the session, but still holds modest gains near 80.55. EUR-USD is -65 pips at 1.2855 and near its best levels of US trade after reports surfaced that attempts to form [...]
ASEAN Stock Market Preview Singapore, Hong Kong, China
ASEAN markets will open lower after yesterdays session in New York, but may rally in the afternoon session. Stocks slid on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China’s economy may be softening more than previously thought. European finance ministers grappled with [...]
China, Japan and South Korea Free Trade Agreement
China, Japan and S. Korea (ROK) set FTA talks, with focus on Asia stability China, Japan and the Republic of Korea (ROK) Sunday agreed to launch talks on a free trade area (FTA) later this year as their leaders gathered in Beijing. Chinese Premier Wen Jiabao announced the plan at a joint press conference held [...]
Thai Wage Hike Creates Inflation Surge
Inflation and Social Problems Arise from 300b Minimum Wage According to the Thai National Food Institute’s report, the scheme of minimum wage rise which has been effective since 1 April has contributed to an increase of 5-20% in food production cost. Besides, food prices in the country are also expected to rise by about 5% [...]
ASEAN + 3 Lifts Cambodia Trade
ASEAN: Cambodia’s trade with South Korea, Vietnam rises in Q-1 Bi-lateral trade between Cambodia and South Korea had rose by 35% in Q-1 of Y 2012, according to statistics of the Korea Trade and Investment Promotion Agency in Phnom Penh Saturday. During the January-March period this year, the total trade reached US$160-M, + 35% at [...]
Asia Preview Gold, Silver, Oil Prices
US Gold futures prices finished pit trade Monday and tapped a 4.5 month low. Most markets were under selling pressure due to the heightened European Union debt and financial crisis. Jun Gold last traded off 20.30 at 1,563.70 oz. Spot Gold was last quoted off 16.40 at 1,564.50 oz. Jul Comex Silver last traded off [...]
Facebook (NASDAQ:FB) Tax Exiles
Facebook (NASDAQ:FB) co-Founder gives up US citizenship before IPO Eduardo Saverin, co-Founder of Facebook Inc., renounced his US citizenship before an initial public offering (IPO) that values the social network at as much as $96-B in a move to reduce his tax bill. Facebook plans to raise as much as $11.8-B through the IPO, the [...]
Phuket Por Tor Festival
Experience the rich cultural heritage of Phuket by visiting the glorious Por Tor Festival with Freedom Asia Phuket is the largest and most popular island in Thailand. As the cosmopolitan hub of the country, there are literally hundreds of festivals and events that celebrate every facet of religion, faith, and race. By offering unique and [...]
Asian Currency Outlook, RMB, Singapore Dollar, Ringgit, Rupiah, Baht
Asian economies are stabilizing. China’s manufacturing expanded for a fifth month in April while its foreign-exchange reserves climbed 3.9 percent in the first quarter of 2012 to $3.3 trillion, official data show. Consumer-price gains slowed to 3.4 percent last month from 3.6 percent in March. Developing Asian economies grew 7.8 percent in 2011, compared with [...]
Investor Services
Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …
US President Barack Obama’s bank of choice, JP Morgan Chase (NYSE:JPM)
JPMorgan Chase & Co. according to US President Obama, despite the bank’s recent $2-B trading, is …
The Hot List
Sky Power Solutions Corp (OTC:SPOW), INDOCAN RESOURCES INC (PINK:IDCN), JP Morgan Chase (NYSE:JPM)
Sky Power Solutions Corp (OTC:SPOW)
Looks way oversold this morning, there has been what appears to …























