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ASEAN Markets Bound for Inflows‏

ASEAN Markets look set for another day of gains and record breaking after Wall St bounced off lows to recover near the close in a show of strength. ASEAN will see an uptick in inflows over the next few weeks adding some pressure to exchange rates across the region, however as the destination of these [...]

Read More » No commentOctober 29, 2010

Mixed Day for ASEAN, Great Day for Buying‏

A great day to be buying ASEAN stock after an encouraging but lower night on Wall St. The Nasdaq led the market back after early losses and the news was better than expected on the earnings front.
The big problem is that Wall St has factored in $500b in QE-2 stimulus from the Fed and there [...]

Read More » No commentOctober 28, 2010

ASEAN Markets Set to Rally‏

ASEAN Markets should trade a little higher today after a flat day in the region yesterday. Over night on Wall St the market had good and bad news and ended flat.
The Dow Jones industrial average shed 1.86 points, or 0.02 per cent, to 11,162.19. The Standard & Poor’s 500 Index slipped 0.99 points, or 0.08 [...]

Read More » No commentOctober 27, 2010

ASEAN Stocks to Trade Higher‏

ASEAN Stocks will rally today with a focus on Commodities and Agriculture, Best Buys this week are, Banpu, PTT, Golden Agri-Resources, Olam, Bumi and CPALL.
G20 talks to avoid ongoing currency issues will also lift the mood of regional investors.
Philippines and Thai Exchanges were closed for holidays Monday.
Overnight in the USA
The Dow Jones industrial average gained [...]

Read More » No commentOctober 26, 2010

Mixed Monday for ASEAN Markets‏

ASEAN Markets have a difficult day on Monday after a mixed day on Wall St Friday.
Entering the last hour of trading, the Dow Jones industrial average slipped 31.04 points, or 0.28 per cent, to 11,115.53. The Standard & Poor’s 500 Index rose 0.68 point, or 0.06 per cent, to 1,180.94. The Nasdaq Composite Index added [...]

Read More » No commentOctober 25, 2010

ASEAN Markets to Hit New Highs‏

Another strong night on Wall St will see more gains in the ASEAN markets today.
The Dow Jones industrial average gained 38.60 points, or 0.35 per cent, to 11,146.57. The Standard & Poor’s 500 Index gained 2.09 points, or 0.18 per cent, to 1180.26. The Nasdaq Composite Index gained 2.28 points, or 0.09 per cent, to [...]

Read More » No commentOctober 25, 2010

ASEAN Markets to Rally, PTT, IVL, Sembcorp, PLDT, Genting‏

Asean markets are in for another rally today and the best stock to own are PTT, IVL, Sembcorp, PLDT, Genting.
Earnings and Outlook lifted the Wall St Session over night.
Dow Jones 11,107.97 +129.35 (1.18%)
S&P 500 1,178.17 +12.27 (1.05%)
Nasdaq 2,457.39 +20.44 (0.84%)
Energy stocks will see the bestof the gains in the [...]

Read More » No commentOctober 25, 2010

Wall St Action to Impact ASEAN Market Open‏

ASEAN Markets will suffer a sharp decline at open after a series of bad events on Wall St, a surging dollar and a mortgage foreclosure crisis sparked by the Obama Administration, who managed to yet again undermine the rights of private enterprize for the sake of votes.
The Dow Jones industrial average was down 165.14 points, [...]

Read More » No commentOctober 25, 2010

Death toll from typhoon in Philippines hits 7

CAUAYAN, Philippines – The death toll from the strongest cyclone to buffet the Philippines in years has risen to at least seven, including a mother and her two children whose house was crushed by a falling tree.
Super Typhoon Megi lashed the northern Philippines on Monday, initially leaving three dead as it moved westward across mountains [...]

Read More » No commentOctober 19, 2010

Foreign media barred from covering Myanmar vote

NAYPYITAW, Myanmar – Foreign journalists will not be allowed into Myanmar to cover the military-ruled country’s first election in 20 years, election officials said Monday, issuing the latest restriction for an election widely criticized as a sham.
The Election Commission said there was no need to grant visas for foreign reporters because there are local reporters [...]

Read More » No commentOctober 19, 2010