Markets all over the world rebounded last week after moving into a bullish trend correction in the last two weeks. A month ago, the Europe market, benchmarked by the FBMKLCI breaks out from a correction when the index was at 1,200 points and went as high as 1231.49 points before pulling back to test the [...]

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 [...]

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 [...]

In the early hours of 25 June 2009, unconfirmed reports started trickling in that the King of Pop, Michael Jackson (“MJ”), has suffered a cardiac arrest and he did not survive the attack. The world was in disbelief and in shock and unfortunately the news was finally confirmed a few hours later. Over the next [...]