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Commodities

Mercedes-Benz F800

Feast your eyes on the latest design study from Mercedes-Benz. Called the F800 Style, the show car is, for the time being, purely a concept car, but we can expect to see elements appear in future Mercedes production vehicles in the near future.
For starters, the cutting-edge design. The F800 Style is expected to preview a [...]

Read More » No commentFebruary 25, 2010

Sirius XM Investors take on CNBC and Wall street

Sirius XM Radio Movie takes on CNBC and Business News
Sirius XM Radio investors calling out the Business News Media
My name is Richard Keane and I’m the narrator for the Sirius Xm Radio movie called
Stock Shock “ The Short Selling of the American Dream “ released June 10th, 2009
This 72 minute documentary is about how the [...]

Read More » No commentFebruary 23, 2010

Carl Freer and Getfugu (OTCBB:GFGU)

Last week I did have the pleasure of meeting with Carl Freer in Bangkok and we discussed the future, and the history of Getfugu.
As the meeting was to address the ongoing funding of the company I did ask all the hard questions, Pr Mix ups, Burn-Rates, Toxic Finance and some facts on Gizmondo.
PR Mix [...]

Read More » No commentFebruary 22, 2010

CPN upbeat on Thailand, expanding to China

Central Group of Companies (Bangkok:CPN)  says it will invest upto 16 billion baht or $500m USD this year, showing a strong outlook for the country’s economic recovery.
The investment budget for 2010 is slightly higher than the 15.5 billion baht spent in 2009, Bangkok Post reported quotig Sudhitham Chirathivat, the executive chairman of the group’s CEO management [...]

Read More » No commentFebruary 17, 2010

Siam City stake for sale

Thanachart Bank, 49-percent owned by Canada’s Nova Scotia Bank (BNS.TO), is the preferred bidder for a 47.6 percent stake worth $950 million in Thailand’s seventh-ranked lender, beating HSBC Holdings (HSBA.L), sources close to the deal said on Thursday.
Thanachart offered the best price for the stake in Siam City Bank SCIB.BK sold by the Financial Institutions [...]

Read More » No commentFebruary 4, 2010

Gaysorn to target the Luxury Thai market

The operator of Gaysorn shopping centre is devising a more aggressive strategy to attract new customer groups and reinforce its position as a luxury lifestyle destination.
Satima Tanabe, deputy general manager of Gaysorn Land Asset Management, said the company was very optimistic about the retail outlook this year on the back of an improving economy. The [...]

Read More » No commentFebruary 4, 2010

Gold prices on the rise

The benchmark contract for Gold rebounded +2% to 1105 as the “Greenback” weakened. Precious metals with heavier industrial exposures rallied even more.
The USD tanked against major currencies yesterday and the Dollar index fell for the first time in 5 days to 79.24.
Silver soared +2.9% to 16.66 as strength in the manufacturing sector will likely probably [...]

Read More » No commentFebruary 3, 2010

Gold edges up encouraging consumer confidence

Gold futures on the New York Merc ended a bit higher Tuesday as stock markets continued to rise on Bullish consumer confidence, Silver and Platinum slid South.
The most active Gold contract for February delivery gained US$2.60, or 0.2%, to finish at US$1,098.30 oz.
The US dollar climbed sharply overnight after a some of negative economic events [...]

Read More » No commentJanuary 28, 2010

Heffo’s Pre Market, World looks to USA

Stock futures remain undecided on the direction at the opening on Wall Street  today, Europe and Asia both declined slightly in light trading, with some caution expected ahead of the Federal Reserve interest rate decision later in the day. The world looked to New York for guidence, I am certain any positive move on Wall St [...]

Read More » No commentJanuary 27, 2010

CEO Spotlight Kevin Maloney

Kevin Maloney
The Mac Sevices Group
In 1995, having built several highly successful businesses in and around the resources industry, Kevin Maloney saw another gap in that market. He realised no one was providing quality, serviced mining accommodation in regional and remote areas. To meet this need, he bought land in Moranbah and established the first MAC [...]

Read More » No commentJanuary 20, 2010