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 [...]

Born    : February 23, 1965 in Houston, Texas, U.S. Education        : University of Texas, Austin, 1983–1984 Occupation      : CEO and founder, Dell, Inc. Net Worth       : Above $12.3 Billion (2009) Religious         : Judaism Spouse(s)         : Susan Dell He’s Michael Dell, the CEO of Dell Computers and one of the greatest entrepreneur of this [...]

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 [...]

Bernard Madoff – former chairman of the NASDAQ stock exchange, ‘made off’ with approximately USD65 billion of unsuspecting victims’ hard earned money before being sentenced to a 150-year jail term for his crimes. While some may find comfort in the fact that he will be kept behind bars, nothing can fully remedy the financial loss [...]

Born    : March 29, 1918(1918-03-29) in Kingfisher, Oklahoma, U.S. Died    : April 5, 1992 (aged 74)in Little Rock, Arkansas, U.S. Occupation      : Former Chairman, Wal-Mart Net worth        : US$58.6 bn (1992 Forbes 400), $128.0 billion (2008), according to Wealthy historical figures 2008. When a person from Berryville, Arkansas, began opening discount stores outside [...]