To me, US is moving out of the ICU ward to the normal ward, though still sick.

It is no good to stay in the ICU ( with emergency aids ) for too long .

Japan is just a good example.

Personal opinion only.

This post has been edited by SKY 1809: Feb 19 2010, 02:20 PM

Small fishes are biting the Bigger fish in Genting ?

Interesting Opinion :-

Fed Discount-Rate Move May Help Asian Economies, ADB’s Nag Says


By Keiko Ujikane and Tatsuo Ito

Feb. 19 (Bloomberg) -- The Federal Reserve’s move to raise its discount rate may prove a plus for Asian countries by helping address global inflation, according to an official at the Asian Development Bank.

“The effect on the Asian economies in a way is going to be positive because it isn’t going to choke growth but it also recognizes inflationary pressures,” Rajat Nag, managing director of the Asian Development Bank, said in an interview in Tokyo today.

Central banks around the world are starting to raise interest rates or otherwise tighten monetary policy as economic rebounds take hold. The Fed raised the discount rate charged to banks for direct loans yesterday for the first time in more than three years. China’s central bank increased lenders’ reserve requirements last week for the second time in a month, while India raised a similar ratio last month to cool prices.

Nag, who provides strategic and operational direction to the ADB, said the Fed’s move “is not the end of cheap money but it is probably the beginning of the end.”

“We think this balance between not chocking off growth and not stoking inflation is a difficult call,” Nag said. “But we are encouraged that the governments including the U.S. and Asia are striking the right balance, so my reaction to this move by the Fed is positive,” he said.

Currency Impact

Asian currencies weakened after the Fed’s announcement, led by the South Korean won and Indonesian rupiah, as the move eased demand for higher-yielding currencies. The Indonesian rupiah and the won gained 30 percent and 28 percent respectively in the past year as near-zero rates in the U.S. gave traders cheap financing for investing in developing nations.

Nag also said today the ADB may raise its growth forecast for developing Asia in April. Asian economies will expand 6.6 percent this year after growing 4.5 percent in 2009, ADB President Haruhiko Kuroda said on Jan. 14.

“My feeling based on what we have seen so far 2010 will probably be a stronger year than we expected,” he said.

In Japan, Finance Minister Naoto Kan today said he didn’t think the Fed’s decision would hurt the nation’s recovery from its worst postwar recession.

The decision “resulted in the weakening of the yen and I don’t think it will have a negative effect on Japan’s economy,” Kan said at a press conference in Tokyo. “I will continue to calmly monitor developments.”

Taiwan’s central bank, in a statement today on the Fed’s move, said it will monitor changes to financial markets and take “proper” policy measures as needed. Taiwan’s policy makers are among those in Asia that intervene to stabilize their exchange rates, according to traders.

Nag also said that concerns about the credit quality of sovereign European borrowers will have a limited impact on Asian economies. Greece, Spain and Portugal are among European nations struggling to control widening budget deficits, prompting investors to dump the countries’ assets.

Singapore Sees Economy Expanding Up to 6.5% in 2010

http://www.bloomberg.com/apps/news?pid=206...id=aDFDzpwLbIJQ

MAS is flying.

Hopefully goes above rm 2.

Ya at 1.88.

A month maybe.

Like the case of KPJ, listing of new shares took a while.

Right issue subscription closing only next week.

Superman is flying to rm 6

you sold any at rm 5.75 ?

I am sure there is none , cos if there is would be breaching Bursa and SC rulings.

Correct me if I am wrong.

I did not track this stock for a while.

Anything up ?

Oh I see,

I just bought some Muhibbah at 92sen , after heavy sell down by EPF or Tabung Haji.

They are still selling bit by bit.

Do not know whether result is good or not.

Buy low sell high.

Buy recommendation price is rm 1.03 given by Maybank & Kenanga Research.

I wanted to buy Gen SP C1 at 14.5sen that day , but did not know the expiry date.

So I gave up.

About Genting.

Singapore Casino's High pre opearating are odeli sunk costs, incurred over the years before opening.

Most important is whether the Casinos able to generate good cashflow from now on.

If it is, then worthwhile to invest.

This post has been edited by SKY 1809: Feb 23 2010, 10:29 AM

Fly MAS fly , rm 2 is on the way

Coastal fair value is about rm 3.68, liao.

It would take a while for investors to discover the gem.

Well , it is not one of the Glove Stocks.

But I keep an eye on it.

You seem to like KFC a lot.