The pace of contraction in exports from the level a year ago eased at   —19.8%YoY (Jul-09: -22.9%YoY) but the pace of contraction in imports rose to a sharper —18.6%YoY (Jul-09: —16.2%YoY). Signs of a strong recovery are not yet evident. We have previously said that we shall have to wait out Sep-09 before a more [...]

The Asian property sector started slowing down sometime in 2007 and remained weak in 2008 due to the slowdown in the global economy and the cautious state of investors after the crash of the United States housing market. The meltdown resulted in the collapse of several large banking and financial institutions in the United States [...]

While the Asia economy is still mired in a recession, exports indicators and employment figures have shown some signs of stabilization as of the first quarter of 2009, with economists forecasting a turnaround by year’s end. Property indices also indicate further stabilization in prices and in demand, especially in the commercial properties sector in the [...]

IOI Corp has been moving in tandem with the overall bullish market sentiment from a low of RM2.08 to its recent high of RM4.86. However the current uptrend of IOI Corp is showing signs of exhaustion with the MACD displaying a bearish divergence coupled with the Stochastic oscillator turning down from its overbought level. Thus [...]

Born    : November 17, 1906 in Hamamatsu, Japan Died    : August 5, 1991 (aged 84) in Japan Occupation      :  Founder, Honda Motor Company Limited Throughout his life, Soichiro Honda never forgot the day when he ran hopelessly after the first motor car he ever saw. Long before the car actually reached Yamahigashi, a small [...]