Sapura Energy Berhad, formerly SapuraKencana Petroleum Berhad, is engaged in investment holding and the provision of management services to its subsidiaries. The Company’s segments include Engineering and Construction (E&C), Drilling, Energy and Corporate. Its E&C business segment is engaged in the installation of offshore platforms, marine pipelines and subsea services; engineering, procurement, construction and commissioning […]
IOI Properties Group Berhad is an investment holding company. The Company’s segments include Property development, which is engaged in the development of residential, commercial and industrial properties; Property investment, which invests in shopping mall, office complex and other properties; Leisure & hospitality, which is engaged in management and operation of hotels, resorts and golf course, […]
IHH Healthcare Berhad is an investment holding company. The Company operates through five segments: Parkway Pantai, which is a hospital operator and healthcare service provider in Asia; Acibadem Holdings, which is a hospital operator and healthcare service provider in Central Eastern Europe, the Middle East and North Africa (CEEMENA) and investment holding companies owning Acıbadem […]
UMW Holdings Berhad is a Malaysia-based investment holding company. The Company’s segments include the automotive segment, which is engaged in the import, assembly and marketing of passenger and commercial vehicles, and related spares; the equipment segment, which is involved in the trading and leasing of a range of light and heavy equipment, including related spares […]
China Resources Land Limited is an investment holding company mainly engaged in the development of properties for sale. Along with subsidiaries, the Company operates its business through four segments: The Development Properties for Sale segment, the Property Investment and Management segment, the Hotel Operations segment, the Construction, Decoration Service and Others segment. The Company’s investment […]
Singapore Airlines Limited is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling and related activities. The Company’s segments include airline operations, engineering services, cargo operations and Others. The airline operations segment provides passenger air transportation. The engineering services segment is in the business of providing airframe […]
Yangzijiang Shipbuilding (Holdings) Ltd. is a China-based investment holding company. The Company is also engaged in provision of agency service for shipbuilding and related activities. The Company’s segments include shipbuilding segment, investment segment, trading segment and other. The shipbuilding segment is engaged in shipbuilding, offshore marine equipment construction and ship design. The investment segment consists […]
GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three segments: Mechanisms division, Microshafts division and Oil extraction. The Mechanisms division provides production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. The Microsafts division focuses on the […]
COSCO Shipping International (Singapore) Co., Ltd., formerly COSCO Corporation (Singapore) Limited, is an investment holding company. The Company is engaged in operating ship repair, ship building, marine engineering and dry bulk shipping outfits in China and Singapore. The Company operates through three segments: Shipping; Ship repair, ship building and marine engineering activities, and all other […]
Tuan Sing Holdings Limited is a Singapore-based investment holding company, which is engaged in property development, property investment and hotel ownership. The Company’s segments include Property, which is engaged in the development of properties for sale, property investment and provision of property management services; Hotels Investment, which is engaged in the investments in hotels in […]
UMW Holdings Berhad is a Malaysia-based investment holding company. The Company’s segments include the automotive segment, which is engaged in the import, assembly and marketing of passenger and commercial vehicles, and related spares; the equipment segment, which is involved in the trading and leasing of a range of light and heavy equipment, including related spares […]
IHH Healthcare Berhad is an investment holding company. The Company operates through five segments: Parkway Pantai, which is a hospital operator and healthcare service provider in Asia; Acibadem Holdings, which is a hospital operator and healthcare service provider in Central Eastern Europe, the Middle East and North Africa (CEEMENA) and investment holding companies owning Acıbadem […]
Sapura Energy Berhad, formerly SapuraKencana Petroleum Berhad, is engaged in investment holding and the provision of management services to its subsidiaries. The Company’s segments include Engineering and Construction (E&C), Drilling, Energy and Corporate. Its E&C business segment is engaged in the installation of offshore platforms, marine pipelines and subsea services; engineering, procurement, construction and commissioning […]
IOI Properties Group Berhad is an investment holding company. The Company’s segments include Property development, which is engaged in the development of residential, commercial and industrial properties; Property investment, which invests in shopping mall, office complex and other properties; Leisure & hospitality, which is engaged in management and operation of hotels, resorts and golf course, […]
Genting Singapore Ltd is an investment holding company. The Company, through its subsidiaries, is engaged in the development and operation of integrated resort, operation of casinos, provision of sales and marketing support services to leisure and hospitality related businesses and investments. It operates through leisure and hospitality operations segment within Singapore. The operations in other […]
GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three segments: Mechanisms division, Microshafts division and Oil extraction. The Mechanisms division provides production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. The Microsafts division focuses on the […]
Tuan Sing Holdings Limited is a Singapore-based investment holding company, which is engaged in property development, property investment and hotel ownership. The Company’s segments include Property, which is engaged in the development of properties for sale, property investment and provision of property management services; Hotels Investment, which is engaged in the investments in hotels in […]
ComfortDelGro Corporation Limited is a Singapore-based investment holding company. The Company provides management services. It operates through eight segments: Bus, Bus station, Rail, Taxi, Automotive engineering services, Inspection and testing services, Car rental and leasing, and Driving centre. The Bus segment provides scheduled services and coach rental services; Bus station segment provides public bus services; […]
Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged as an investment holding company. Its primary activities include cultivating and harvesting oil palm trees, processing fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), refining CPO into industrial and consumer products, as well as merchandising palm products […]
Yangzijiang Shipbuilding (Holdings) Ltd. is a China-based investment holding company. The Company is also engaged in provision of agency service for shipbuilding and related activities. The Company’s segments include shipbuilding segment, investment segment, trading segment and other. The shipbuilding segment is engaged in shipbuilding, offshore marine equipment construction and ship design. The investment segment consists […]
YBCC INC (YBAO.PK) Heffx Technical Analysis Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.44. The projected lower bound is: 0.17. The projected closing price is: 0.25. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert will be invalid (including the alerts, […]
The Fed’s interest rate increase in December tipped monetary policy into a restrictive setting that may be pushing the economy farther from one of the Fed’s Key goals, James Bullard, President of the St. Louis Federal Reserve Bank, said last week. Mr. Bullard, in remarks to reporters after an appearance at St. Cloud State University […]
$GLD The rise in gold purchases by central banks to the highest since Y 1967 helped push global demand for the metal up 4% last year, the World Gold Council (WGC) said Thursday. The world consumed 4,345.1 tonnes of gold in Y 2018, up from 4,159.9 tonnes in Y 2017, the WGC said in its […]
$GLD, $SLV, $USD The survey of 36 analysts and traders returned a median forecast for gold to average $1,305 oz in Y 2019, up around 3% from last year’s average and a touch higher than forecast in a similar poll 3 months ago. It predicted prices would average $1,350 in Y 2020, just below the […]
The US financial markets have had the time conger the very strong US jobs report, as well as signs of progress in the China-US trade talks. But, despite the positive news, investors and traders believe the Fed will stop hiking interest rates this year and will cut them in both Ys 2020 and 2021. The difference […]
$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX Trade tensions should not disturb your portfolio’s peace of mind. To help prevent your portfolio from becoming “trade war collateral,” consider diversifying your assets to minimize exposure. Assets like physical Gold and Silver are historically known to perform well during turmoil in such dust ups. Recently, Jim Cramer urged investors frightened […]
“Growth ‘Cracks’ Will Shape Fed Funds Rate Debate” $DIA, $SPY, $QQQ, $RUTX, $VXX For the past 2 years we have seen the Fed move ahead with steady rate increases in an economy that has done better than many had expected, boosted by government spending, tax cuts, and global growth. The easy part may be over, […]
Tesla (NASDAQ:TSLA) Admits SEC Subpoenas, ‘Nothing’ Musk Calls FBI’s Criminal Probe “Absurd” $TSLA US securities regulators have issued subpoenas regarding Tesla’s (NASDAQ:TSLA) public assurances over the production of its newest car the M3, the company said in a filing late Friday, the latest signal of a very aggressive investigation into Elon ‘Nothing’ Musk’s EV maker. The […]
The US is in a ‘Great Economic Boom’ $DIA, $SPY, $QQQ, $RUTX, $VXX Americans’ evaluations of current US economic conditions and the economy’s trajectory are the most optimistic in nearly 20 years, Gallup reported. Currently, 54% of Americans rate economic conditions as “excellent” or “good,” and just 12% as “poor,” Gallup reported. Also, by 57% to […]
China’s Growth Slows, Investors Seeking Reassurances Friday, China reported economic growth sank to a post-global crisis low as finance officials launched a media blitz to shore up confidence in its fall stock market. Growth in the Quarter that ended in September slipped to 6.5% over a year earlier from the prior Quarter’s 6.7%, official data […]
New Tax Breaks Available for Investing in US ‘Opportunity Zones’ The Trump Administration is proposing rules for investors in a new program that it says could have a big impact on economically depressed areas around the country. About 8,700 so-called “opportunity zones” have been set up in all 50 states to lure investors and developers […]
Tesla’s (NASDAQ:TSLA) Settles with SEC, Musk Ousted as COB $TSLA Tesla (NASDAQ:TSLA) and its COB/CEO Elon Musk, 47 anni, have agreed to pay a total of $40-M and make a series of concessions to settle an SEC lawsuit alleging Mr. Musk duped investors with misleading statements about a proposed buyout of the company. The settlement […]
The Trump Tax Cut Driving Strong Business Investment Shipments of core capital goods rose 0.9% last month after an upwardly revised 0.9% gainer in June. US economy is growing at a 4.6% annualized rate in the third quarter following the government’s data on new-home sales and costs, the Atlanta Federal Reserve’s GDPNow forecast model showed […]
Atlanta Fed Lifts GDP Growth Estimate to 4.6% The Trump Effect Expands The US economy is growing at a 4.6% annualized rate in Q-3 following the government’s data on new-home sales and costs, the Atlanta Federal Reserve’s GDPNow forecast model showed Friday. Friday’s Atlanta Fed estimate is higher than the last estimate of 4.3% on 16 August. […]
Saudi Arabia ‘Freezes Out’ Canada on Trade, Recalls Ambassador Saudi Arabia suspends new trade and investment with Canada after that country’s foreign ministry urged Riyadh to release arrested civil rights activists, it said in a statement released to the official Saudi Press Agency Sunday. It also gave Canada’s Ambassador 24 hours to leave the country […]
Individual Investors in US View Bitcoin as Risky $BTCUSD A recent poll reveals that Bitcoin and cryptocurrency are viewed with suspicion by most US individual investors, with only 2% of them holding Bitcoin and another 75% of them describing bitcoin as “very risky.” Conducted by Gallup and Wells Fargo, the poll surveyed nearly 2,000 American investors with […]
The Atlanta Fed Lifts Q-3 GDP Growth View to 5% The US economy is growing at a 5.0% annualized rate in Q-3 following the latest data on construction spending and manufacturing activity, the Atlanta Federal Reserve’s most-recent GDPNow forecast model showed. That is faster than the 4.7% pace calculated by the regional Fed’s forecast program […]
US Q-2 GDP Figure Will Be ‘Big’ $DIA, $GM June Advance International Trade in Goods (actual -$68.30-B, consensus -$66.70-B) Advance Wholesale Inventories (actual 0.0%; prior 0.4%) June Durable Orders (actual 1.0% consensus 3.2%; prior -0.3%) June Durable Goods -ex trans (actual 0.4% consensus 0.4%; prior 0.3% White House economic adviser Larry Kudlow said Friday’s GDP release will reflect “big” […]
The GCC is Seeing a Resurgence in Real Estate $JLL With diversification plans taking shape, 10–year visas on the horizon and Crude Oil prices holding firm, investor sentiment has increased again in the GCC’s property market The resilience of the GCC’s real estate market has proven itself yet again this year, having weathered several stifling […]
Cryptocurrecy’s Use in Hedging Gaining Traction $BTCUSD Cryptocurrencies have lost 100’s of Billions in total market cap since December 2017, add to that continued confusion about its regulatory status in the US and elsewhere, we might expect that the nascent crypto hedge fund industry would be struggling. But, a report by CryptoGlobe suggests that this is not the case. In fact, the pace […]
Polychain and the Future of Digital Assets $BTCUSD, $ETHUSD, $CME, $CBOE Today it is mostly crypto enthusiasts and technologists trading their assets. Tomorrow it will mostly institutions trading crypto assets. The professional traders have taken over from the ‘hobbyists’ Earlier this year, Polychain became the 1st crypto fund with more than $1-B in assets under […]
Ferrari’s (NYSE:RACE) Stock Dip a Buying Opportunity $RACE Ferrari (NYSE:RACE) stock price has seen strong growth since July 2016. There are just a hand full of analysts covering the world’s #1 automotive brand stock, and it rightfully commands a luxury Price/Earings ratio in the 40’s plus pays a dividend conferring on the iconic Italian supercar […]
If You Do Not Know What Bitcoin is, Read This Please $BTCUSD, $ETHUSD, $CME, $CBOE, $V, $MA If you are 1 of those people who do not know what Bitcoin and other cryptocurrencies are read this, as there is a keen international interest in this nascent digital asset. Interest in digital currency has expanded over […]
President Trump is Breaking Economic Records, This is a Prosperity Era. $DIA, $SPY, $QQQ, $RTUX, $VXX Friday, President Donald Trump’s chief economic adviser says blockbuster unemployment data is only a sign of the robust economic growth awaiting America. “I believe we’ve entered into the longest largest prosperity in a couple of decades. I know it’s early […]
Tesla (NASDAQ:TSLA) Will Fail, All ‘Rentier’ Businesses Fail $TSLA Jim Chanos bets that Tesla. Inc. (NASDAQ:TSLA) Elon Musk’s struggling EV company will fail. Mr. Chanos has identified, and sold short many of the best-known corporate disasters of the past few decades. He say in an interview Wednesday, that the underlying philosophy of his investment strategy […]
China’s Industrial Growth Tops Analysts Expectations China’s industrial output grew 7.0% in April from a year earlier, much more than expected, but fixed-asset investment growth slowed to 7.0% in the 1st 4 months, below forecasts, official data showed Tuesday. Analysts polled by Reuters had predicted industrial output growth would rise to 6.3%, bouncing back from […]
The Growing Interest, Investment in Anti-aging and Life Extension The interest and investment in anti-aging therapies is growing. The goal is not just to live longer, but to be as youthful and healthy as possible for a longer frame. Telomeres were discovered in the 1930’s. Every cell in the human body contains a nucleus, and inside […]
Wall Street titan JP Morgan Chase has become the latest firm to apply for a controlling stake in a Chinese securities venture, taking advantage of new rules Beijing put in place last month as part of a move to open up the economy. JP Morgan Broking applied to establish a foreign invested securities firm with […]
People are Asking, “Is there more trade pressure coming against China?” Clearly, US President Trump believes that his Administration’s trade threats against China are working and now there is talk of plans to focus on new tariffs and possible blocks to Chinese tech investment in the US. According to an article Thursday in the WS-J, siting […]
Coins, Tokens are Changing the Nature of Early Stage and Goal Fundraising ICOs (Initial coin offerings) are also called TGEs (token generation events), and they are changing the nature of early stage fundraising, and they have the potential to alter the mainstream investment ecosystem itself. Through ICOs, start-ups can raise capital by issuing crypto tokens […]
The Role of the US SEC in ICO Offerings As stated in the SEC mission statement, “The mission of the US Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.” The SEC was created by Congress in 1934 as the first federal regulator of securities markets following […]
Abu Dhabi to Combine Sovereign Wealth Funds Creating $250-B ‘Behemoth’ Together Mubadala and Abu Dhabi Investment Council will be the world’s 11th largest sovereign wealth fund. The UAE emirate of Abu Dhabi is to combine two of its largest sovereign funds to create a behemoth with estimated assets of nearly $250-B. UAE President and Abu […]
Bitcoin and Cryptocurrencies Across the Board $BTCUSD Bitcoin and other Cryptocurrencies are new, alluring and somewhat complex investment assets. People see Bitcoin as currency, an investment and a store of value. Government’s do not agree on what Bitcoin is. The US Internal Revenue sees and treats it as property, The US Securities and Exchange Commission considers […]
China’s Banking Regulator Cut ‘Red Tap’ to Promote Financial Sector Growth China’s banking regulator has introduced steps to cut the Red Tape for foreign banks, state media agency said Saturday, as part of the government’s ongoing effort to promote investment in the country’s fast-growing financial sector. The China Banking Regulatory Commission (CBRC) has revised its […]
US Economy Can Handle Trump Budget Deficits The US economy can handle the trillion-dollar deficits that are forecast to result from President Trump’s budget proposal released Monday. “The deficit is going to be 5.5% of GDP for FY 2019. Over 10 years, it’s going to average about 3.5% ,” economist Larry Kudlow said pointing out […]
Economists Agree, the US is ‘Open for Business’ $DIA, $SPY, $QQQ, $SAP President Donald Trump highlighted his tax cuts and deregulation efforts with a presentation to an elite economic forum in Switzerland last Friday. The United States, he said, is now a far more inviting place for foreign companies to spend, invest and build. “We […]
President Trumps Infrastructure Plan Shaping Up Jobs, Jobs, Jobs The Trump Administration is finalizing its long-awaited infrastructure plan, which pushes most of the financing of projects to private investment and state and local taxpayers. President Trump, who spoke of improving US infrastructure during his Y 2016 campaign, may preview the plan in his 30 January […]
President Trump Deserves ‘High Marks’ for Economic Policies $UBS President Donald Trump earned “high marks” from Swiss bank UBS for his economic achievements. “I think prior to his election, the prospects of tax reform, of regulatory relief, or any sort of sensible approach to infrastructure were off the table,” said Mike Ryan, UBS Wealth Management […]
Why GBIT for 2018? $BTC, $ETH The cryptocurrency world is very similar to the stock market and a black hole in space. It’s getting to the point to where you have to start paying attention to the cryptocurrency market because wealth is being obtained daily with some of the trades being made and more and […]
Review: The Vintage & Classic Collector Car Market in 2017 Overall, the current collector car market is stable and rational, slightly favoring buyers over sellers in some categories. Just the opposite in the Tier 1 category of the most prominent marques and most certainty when it comes to 1-off and other prized examples. All discerning […]
US Economy Ready for an Investment Boom and Strong Growth $DIA, $SPY, $QQQ, $VXX We here at HeffX-LTN are optimistic about America’s economic future now that President Trump and GOP lawmakers have kept their promise of a sweeping tax reform. “I think the economy is on the verge, which you heard me say this, because of the […]
Genting Singapore PLC (SGX:G13) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.39. The projected lower bound is: 1.28. The projected closing price is: 1.33. Genting Singapore PLC is […]
GSS Energy Ltd (SGX:41F) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 0.18. The projected lower bound is: 0.16. The projected closing price is: 0.17. GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three […]
Comfortdelgro Corporation Ltd (SGX:C52) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 2.10. The projected upper bound is: 2.12. The projected lower bound is: 1.91. The projected closing price is: 2.02. ComfortDelGro Corporation Limited […]
Yangzijiang Shipbuilding Holdings Ltd (SGX:BS6) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.58. The projected lower bound is: 1.42. The projected closing price is: 1.50. Yangzijiang Shipbuilding (Holdings) Ltd. is a China-based investment holding company. The Company is […]
Dubai Launches e-Commerce Freezone The project is being developed in the Umm Ramool area by DAFZA and wasl A new $740-M freezone dedicated to e-Commerce has been launched in Dubai, in a bid to attract more DFI (foreign investments) and further diversify the emirate’s economy. Called Dubai CommerCity, the project is being developed as a […]
Golden Agri-Resources Ltd (SGX:E5H) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 0.39. The projected lower bound is: 0.35. The projected closing price is: 0.37. Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged […]
Comfortdelgro Corporation Ltd (SGX:C52) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 2.09. The projected lower bound is: 1.91. The projected closing price is: 2.00. ComfortDelGro Corporation Limited is a Singapore-based investment holding company. The Company provides management […]
Bitcoin Tops $11,000 After a $1,000 Spike in 12 Hours $BTCUSD, $CME, $CBOE Bitcoin ran past $11,000 to hit a record high for the 6th day running Wednesday after gaining more than $1,000 in 12 hours. After gaining more than 1,000% YTD, Bitcoin rose as much as 15% Wednesday. It topped $10,000 for the 1st […]
Tuan Sing Holdings Limited (SGX:T24) HEFFX Highlights Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 0.49. The projected lower bound is: 0.43. The projected closing price is: 0.46. Tuan Sing Holdings Limited is a Singapore-based investment holding company, which is engaged […]
Yangzijiang Shipbuilding Holdings Ltd (SGX:BS6) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 1.55. The projected upper bound is: 1.61. The projected lower bound is: 1.46. The projected closing price is: 1.53. Yangzijiang […]
China’s yuan weakened against the US dollar on Friday, with strong corporate demand supporting the greenback but the Chinese currency is on course for its best week in more than a month. Prior to market opening, the People’s Bank of China (PBOC) set the official yuan midpoint at its strongest in six weeks at 6.5810 […]
Saudi’s Kingdom Holding’s Investment Growth ‘On Hold’ Kingdom Holding’s plan to borrow money to fund new investments is on hold, because owner Prince Alwaleed bin Talal is in criminal detention in Saudi Arabia on anti-corruption charges, according to banking sources familiar with the matter. Kingdom had approached banks to obtain the loan, but the financing […]
Homeownership Does Not Build Wealth Like Other Investments $DIA, $SPY, $QQQ, $VXX A home is a place to live, raise ad family and thrive, if it goes up in value it is a lucky extra Homeownership is necessarily better than paying rent, according to a study Florida Atlantic University, Florida International University and the University […]
Bitcoin a Thriving, Anonymous ‘Speculative’ Instrument $BTCUSD Bitcoin, whose value has fluctuated significantly this month, remains a “speculative” investment that thrives because of the cryptocurrency’s anonymous nature, BlackRock’s (NYSE:BLK) Larry Fink said Monday. “The reason why it does so well is it is anonymous. It’s anonymous, and it’s cross-border,” Mr. Fink, whose firm oversees nearly […]
President Donald Trump Starts Official State Visit to China US President Donald Trump arrived in Beijing Wednesday afternoon, starting his state visit to China. The 3-day trip is Trump’s 1st visit to the country since he assumed the Presidency on 20 January. He is the 1st head of state to visit China since the landmark […]
$5-B China Investment Fund Coming to Buy US Manufacturers $GS Goldman Sachs (NYSE:GS) partners with sovereign fund China Investment Corp. (CIC) to jointly launch an up to $5-B fund to invest in US manufacturers. CIC is 1 of the world’s largest sovereign wealth funds The details of the fund will be announced Thursday as part […]
Goldman Sachs’ CEO, “We Cannot Dismiss Bitcoin” $BTCUSD, $GS, $JPM, $CME, $GBTC, $AMZN Goldman Sach’s CEO Lloyd Blankfein is keeping his ‘powder dry’ on Bitcoin the fast moving #1 cryptocurrency. The Goldman Sachs Group Inc. (NYSE:GS) Chief says he is not willing to reject the digital currency just yet and does not hold any investments in […]
MM2 Asia Ltd (SGX:1B0) HEFFX Highlights Fast-moving Singaporean mini-conglomerate MM2 has agreed on terms of purchase for the Cathay Cineplexes cinema chain. The move comes only months after MM2’s failed bid to buy rival Singaporean circuit Golden Village. Cathay currently operates eight multiplexes in Singapore, including one that was opened in September at Parkway Parade. […]
Golden Agri-Resources Ltd (SGX:E5H) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.38. The projected upper bound is: 0.41. The projected lower bound is: 0.38. The projected closing price is: 0.40. Golden Agri-Resources […]
China to Guide Investment Capital to High Growth Areas China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with NDRC (the state planning agency) said Saturday. China also would take steps to lower the investment threshold for private investors, said Zhang Yong, the vice-head […]
The 1st China-US Investment Database Debuts Wednesday, a comprehensive China-US investment and cooperation database was launched in NYC, aiming at enhancing cooperation between the Chinese and US business communities and promoting Chinese investment in the United States. The database, the 1st investment information database serving Chinese companies and their partners in the United States, was established […]
Trump Ally In, Harvey Weinstein Out at TWC $DIS, $CLNS Disgraced mogul Harvey Weinstein has resigned from the board of The Weinstein Co. TWC is not saleable to a public media company now, PR is unbearable Tuesday, the Board members convened in NYC to ratify Harvey Weinstein’s termination and to vote on a rescue plan […]
Singapore Airlines Ltd. (SGX:C6L) HEFFX Highlights Singapore Airlines Ltd is pursuing more than 50 cost-cutting initiatives including reducing fuel burn and reviewing its relationship with key suppliers as part of a three-year plan to make the airline more competitive, a newsletter to staff shows. Both Singapore Airlines and Hong Kong-based rival Cathay Pacific Airways Ltd […]
Singapore Airlines Ltd. (SGX:C6L) HEFFX Highlights BentSpoke announced as Singapore Airlines beer partner for Sydney and Melbourne From this Sunday, BentSpoke’s Barley Griffin pale ale will be available on inbound and outbound Singapore Airlines flights between Singapore and Sydney or Melbourne. Singapore Airlines’ Karl Schubert said the craft beer additions are part of the airlines’ […]
China To Post the FDI ‘Negative’ List Soon China will roll out a negative list for foreign investment, which has been tested in pilot FTZ’s (free-trade zones). The negative list model, which states the sectors and businesses that are off limits to foreign investment, will be adopted nationwide as early as Y 2018. “Introduction of […]
Saudi Arabia Enters the Entertainment World with $2.7-B Investment Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the conservative Kingdom loosens it reins on the fun zone. The Kingdom’s Public Investment Fund announced Wednesday it will develop the new company with an initial capitalization of $2.7-B Its aim will be to […]
Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming $GLD, $SLV, $MTAFF, $IBM, $WMT To start this is gold’s step sum chart going back to November 2010. For almost a year (November 2010 to August 2011) gold’s step sum saw an amazing ascent; rising from 220 to 275 (55 net advancing days) in a […]
China’s FDI Dives After PBOC Curbs China’s investment in other countries has taken a deep dive since Beijing tightened controls to cool surging spending on assets deemed unneeded for Chinese economic development. Outward investment, aka FDI (foriegn direct investment), in the 1st 8ht months of this year fell 41.8% rom a year earlier to $68.7-B, […]
Magical Internet Money Hits $5k The decentralized currency Bitcoin has rallied hard this year, climbing from $1,000 per BTC on January 1st to $5,000 per BTC on the first of September. The digital asset had a substantial market capitalization of approx. $82.6B with only 16.5 million bitcoins currently in circulation. Further, bitcoin trade volume has […]
Australian Dollar Outlook Christina Parthenidou, XM Investment Research Desk Last week the Reserve Bank of Australia decided to hold cash rates at a record low of 1.5% and maintained its optimism about the future economic performance of the country, the Australian Bureau of Statistics (ABS) published the GDP growth figures for the second quarter on Wednesday. These surprised […]
Needle moving action has been spotted in Brambles Ltd (BXB.AX) as shares are moving today on volatility -0.11% or $-0.01 from the open. The ASX listed company saw a recent bid of $9.34 and 2640000 shares have traded hands in the session. Market watchers diligently track the companies they think can do well to grow earnings. The goal is typically to discover […]
Is the Woolworths Limited (ASX: WOW) share price a bargain at $26? To understand and answer that question we need to know the difference between price and value. What are Woolworths shares worth? I run my own valuations on shares. You would need to take into account any growth from its supermarkets, liquor sales, cost-outs and competition. Currently, […]
The Commonwealth Bank has responded to revelations it failed to monitor transactions in the USA, Asia and Europe. An internal review of the bank’s compliance with Australian and global anti-money laundering and counter terrorism laws reportedly showed large-scale failures in transaction monitoring across a multitude of businesses around the world, according to Sky News Business. Sky […]
Aconex Limited (ASX:ACX) A software and services company based in Australia, saw significant share price volatility over the past couple of months on the ASX, rising to the highs of $4.6 and falling to the lows of $3.64. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy […]
BHP Billiton has announced a board shake up that will see Grant King depart just six months after his appointment “owing to concerns expressed by some investors”. The company said Mr King had decided not to stand for election to the board and would retire from the role on August 31. The former chief executive […]
Fractional property investment platform, DomaCom has reported a $6.1 million loss for the financial year ended 30 June. The company, which listed on the Australian Securities Exchange (ASX) in November last year and raised $7.3 million, said the result was still in line with its expectations and reflected its early stage position. At the same […]
A blast against speculators by the Bank of Thailand has put traders on notice that gains for Asia’s best-performing currency this year could slow or even reverse. The central bank has asked commercial banks to provide more information if they see an “unusually high volume of transfers between non-resident baht accounts which may relate to […]
Thailand’s strong baht and stock market rally are in line with economic fundamentals, the central bank governor said on Wednesday, as the currency hovered around 28-month highs against the U.S. dollar. The moves have been driven by stronger economic growth and easing political uncertainty, Veerathai Santiprabhob told reporters. Southeast Asia’s second-largest economy expanded a more […]
The West Australia government says Qantas’ 12-month trial of discounted airfares for residents in six regional towns is a response to the launch of a parliamentary inquiry. The government hopes it will lead to further cheaper intrastate flights. From November, Qantas will offer a discount of between 10 per cent and 30 per cent for […]
