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Mexico’s Carlos Slim Helu, 70, beat Bill Gates and Warren Buffett for the top spot on 2010 Forbes magazine’s annual list of billionaires making him the first person from outside the U.S. to lead the rankings in 16 years. Slim’s net worth, 80% are held in five public stocks, rose US$18.5 billion to US$53.5 billion [...]
DIGI.com’s iPhone is finally here and Maxis is running mad, sort of. As expected DIGI.com has started the price war – again. However the packages offered by DIGI.com Berhad (DIGI : stock-code 6947), another Malaysian mobile-phone company conrolled by Norway’s Telenor ASA (OSL: TEL) which has just signed a three-year agreement to sell Apple Inc.’s [...]
Despite numerous criticism, jokes and pessimism about Apple Inc.’s (Nasdaq: AAPL, stock) latest gadget, iPad, Apple was caught off-guard when it announced that the international launch of the (sanitary) iPad will have to wait, at least for another month. Reason – Apple sold 500,000 iPads in the first week on the market. Apple further predicted [...]
Maxis Berhad (KLSE: MAXIS, stock-code 6012) was literally laughing all the way to the bank when it successfully signed the deal (thank God it was not exclusive) in selling the much talked about Apple Inc.’s (Nasdaq: AAPL, stock) iPhone. That was back in Mar 2009, about a year ago. Maxis was hoping to leverage on [...]
Judging from the missing jet engines scandal to the latest “Allah” issue, it seems Najib’s administration may be short-lived – shorter than former PM Abdullah Badawi. You may not like Badawi’s administration because, well, there was no administration in the first place *grin* simply because the country was on auto-pilot while the pilot was dozing [...]
#1 » 40% of Chinese small businesses either went bust or almost went bust during crisis A report mentioned that just after 9 months China claimed its small business sector was surviving the global recession, new figures surprisingly shown that about a whopping 40% of them either failed or close to failing between Nov 2008 [...]
Allright, here are more signals that the global economy will neither skyrockets nor drops like a stone into the ocean. Basically people are convince that the U.S. economy will most likely crawling for years instead of months before the worst enemy – unemployment – is over. We, and to a large extent the Americans, may [...]
Dow Jones is skyrocketing as we speak now, something which is expected as today is the first trading day in the New Year 2010 after the stock market closed last Friday for the celebration. Weakening dollar help push the stocks as well as commodities higher especially the black oil which has risen above $80 a [...]
Looking at how poorly Maxis stock price performs since it’s relisting in the local stock market, those who didn’t get it through the supposingly transparent IPO balloting and was sulking can now grin from ear to ear (didn’t I tell you so? *grin*). The stock didn’t get to touch RM6.00 a share (as I expected [...]
It’s easier to move a mountain than to change a person’s character – goes a Chinese saying. By the same logic, it is definitely many times harder to change the Malaysian ruling government’s policy of worshipping corruption. Whatever the result from the PKFZ multi-billion scandal, you can kiss your money (yes, part of the billions [...]