IMF Increase Pressure on Obama

findings, released today as part of a broader IMF report on the U.S. financial system, suggested that while the nation’s banking system is stable, it remains vulnerable. Home prices, commercial real estate loans and economic growth have the potential to cause shocks that could expose banks to more losses.
Under one scenario, small and regional [...]

Luxury Malaysia

Welcome to Four Seasons Resort Langkawi, Malaysia. An archipelago of 99 islands in the Andaman Sea, Langkawi is a tropical paradise of lush foliage and dramatic cliffs. Set on Tanjung Rhu, one of the island’s best beaches, Four Seasons combines indigenous architecture with gracious service in a resort experience unmatched in Malaysia.
One of only four [...]

ASEAN News Summary

• Fast food in Thailand
The international fast food industry is huge and has no boundaries. It is estimated that US$36 billion (1.2 trillion baht) is spent each year to market products such as fried chicken, hamburgers, pizza and soda to foster brand awareness and loyalty, particularly among young people all over the world. .
• Singapore [...]

AUDUSD Posts Strong Month

The Australian dollar held on to most of its recent hefty gains on Friday despite a bout of profit-taking, to make their best monthly performance in as long as a year.
The Australia dollar was trading at $US0.9010, just off a high of $US0.9022 hit earlier in the day. One trader said a range of investors [...]

ASX to Open Higher Monday

Australian markets are poised for a modest rise when trading resumes on Monday, with the SPI 200 futures index up 7 points to 4470 points. Yesterday, the benchmark S&P/ASX200 index ended down 30.6 points, or 0.7 per cent, at 44993.5, while the broader All Ordinaries Index dropped 28.8 points, or 0.6 per cent, to 4507.4. [...]

Shayne Heffernan says the ASX 200 will reach 5370 points in 2010

Shayne Heffernan of Ebeling Heffernan says the ASX 200 will reach 5370 points by year end, for a huge gain of more than 18 per cent in the next five months.
Here’s why we are so bullish:
? Shares are 20 per cent undervalued – the current forward price-earnings ratio on the sharemarket (a measure of value [...]

Honda Jets into New Business

Honda has been showing off its first ever aircraft which the company expects to be taking off by the end of the year.
The HondaJet is the first venture into aviation for Honda, more commonly known for its cars and motorcycles, with the brand saying that it incorporates many technological advances in aviation design.
Among them are [...]

Chicago Wheat futures soars toward 14 month high on dim Global crop report

Chicago Wheat futures rose Friday to the highest level in nearly 14 months on speculations that the Global Wheat crop would be smaller than last year’s, due to the adverse weather in exporting countries including Russia and Canada. Corn and Soybean followed Wheat to post their 3rd straight day of gains.
Sept Wheat surged 34c, or [...]

Weekly Forex Update: USD-JPY

 
The USD-JPY pair continues to trend lower as the Yen remains strong against a USD that was stable, but range-bound, throughout last Monday’s trading session.

The stronger Yen augurs risk aversion, as the Yen is sold or borrowed primarily when risk appetite is present, as the purchase of more risky and higher-yielding assets are funded by borrowing, [...]

CEO says, Chrysler is profitable, will not rush to IPO

Chrysler, the # 3 US carmaker, would be profitable on a net basis if it were not for the interest costs of loans remaining from its bailout, the automaker’s CEO said Friday.
Sergio Marchionne, who heads both Chrysler and its controlling partner Fiat SpA, also repeated that he expected Chrysler would launch an initial public offering [...]