May 21, 2012 -- Updated December 29, 2009 02:47 HKT
Thai Tourism to Boom
The official appointment of Suraphon Svetasreni as the new governor of the Tourism Authority of Thailand (TAT) was an opportunity for Tourism and Sports Minister Chumpol Silpa-archa to reiterate its confidence about tourism recovery in the kingdom. “We passed the worst already, especially after the closure last year of Bangkok airport, the cancellation of Pattaya [...]
New Auto Sector, 1211, RNNM, NPWZ, AEMC, BZTG
For those not following this sector it is really worth a close look, a new wave of Automakers is coming. BYD the Buffet funded HK firm is looking to increase production estimates in 2010 by 14%. This new wave of Auto’s is going to generate billions in revenue over the next few years, lets look [...]
Fine Art 2009′s Top 10 Sales
Fine Art proved a safe haven during the recent credit crisis as the top 10 sales of the year show. 1. Raphael’s chalk drawing “Head of a Muse” sold for 29.2 million pounds ($47.6 million at the time) at Christie’s London on Dec. 8, setting an auction record for a work of art on paper. [...]
Europe 2010
2010 is fast upon us. Here are some brief thoughts, and even a few predictions, on the critical issues for the year ahead in some of the countries I follow closely in southern and eastern Europe. 1) Cyprus Talks between Greek and Turkish Cypriots on the reunification of the island are moving slowly, and there’s [...]
The Red Roadmaster’s US Market Re-cap + Stock Talk ™
Re-cap of the US Stock Market Action for the session ending 29 December 2009 Wall Street ended just a bit lower Tuesday after a 6 day winning streak even as data reports showed a continuing improvement in the US economy. The Conference Board said its index of consumer confidence rose to 52.9 in December [...]
Paul Ebeling on China-ASEAN Free trade
The establishment of China-ASEAN Free Trade Area (FTA), a significant event in Asia, will exert a deep influence on bilateral relations between China and the Association of Southeast Asian Nations (ASEAN), according to a renowned Singapore scholar.In a recent interview Tan Khee Giap, Chair of the Singapore National Committee for Pacific Economic Cooperation, said [...]
Paul Ebeling on Gold, Oil and the Dollar
The USD hit a 2 month high vs the JPY today. At 12:00 N in Tokyo today the USD fetched 92.13-17 yen vs. Tuesday’s 5:00p. quotes of 91.95-92.05 Yen in New York and 91.71-72 Yen in Tokyo. The Euro traded at 1.4311-4313 USD’s and 131.86-88 Yen against late Tuesday’s quotes of 1.4348-4358 USD’s and 132.07-17 Yen in New York [...]
Fibonacci 50% Rebound Shows S&P 500 on track
The S&P 500 closed at 676.53 on March 9, 2009 from a record high of 1,565.15 on October 9, 2007, amid the financial crisis that began with defaults on sub-prime mortgages and accelerated when New York-based Lehman Brothers Holdings Inc. filed the World’s biggest bankruptcy. The index started recovering on that 9th day in March at exactly 15:00 hrs [...]
Red Roadmaster Stock Talk featuring M, MA, MGM
US stocks closed higher Monday to new closing highs for 2009 on light volume: 700M shares exchanged hands on the NYSE this session. The DJIA rose 26.98 pts, or 0.26%, to close at 10,547.08, the S&P 500 Index gained 1.30 pts, or 0.12% to close at 1,127.78, and the leading NAS tallied up + 5.39 [...]
China’s love affair with luxury
Jane Shi strides into Beijing’s Lane Crawford Seasons Place shopping mall, dashes to one of the up-market shops, snatches a bag, glances at the price tag and drags out her wallet, as if she was in the supermarket. However, the purchase today is a Balenciaga motorcycle bag going for more than 2,000 U.S. dollars. The [...]
Investor Services
Most (71 per cent) Boomers can’t wait to spend their time as they wish in retirement, but four-in-10 (42 per cent) of those not-yet-retired expect managing cash …
- Private Equity Takes a Hit in Q1 2012
- Pattaya Real Estate Buyers Guide
- My Pattaya Guide 2013 Begins Sales
Partner Site
Don’t give up on Gold yet Economist Shayne Heffernan said in a note to traders today, he added that Gold may still reach $2000 in 2013.
Central banks …
iShares MSCI Malaysia Index Fund (EWM), iShares MSCI Indonesia Investable Market Index Fund (EIDO), iShares MSCI Singapore Index Fund (EWS), Market Vectors Indonesia Index ETF (IDX), iShares …
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 …
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