Posts

Electricity companies thrilled and worried about electric cars

Published in thestar: Tuesday November 23, 2010 MYT 12:07:00 PM NEW YORK: The first mass-market electric cars go on sale next month, and America's electric utilities couldn't be more thrilled - or worried. Plugged into a socket, an electric car can draw as much power as a small house. The surge in demand could knock out power to a home, or even a neighborhood. That has utilities in parts of California, Texas and North Carolina scrambling to upgrade transformers and other equipment in neighborhoods where the Nissan Leaf and Chevrolet Volt are expected to be in high demand. Not since air conditioning spread across the U.S. in the 1950s and 1960s has the power industry faced such a growth opportunity. Last year, Americans spent $325 billion on gasoline, and utilities would love even a small piece of that market. The main obstacles to wide-scale use of electric cars are high cost and limited range, at least until a network of charging stations is built. But utility e...

Blowing lethal bubbles again?

Printing more money put into market or make more debt via bond issuance and force others to pay for, which one better solution? I think both are blood sucker. --- Thestar: Saturday October 30, 2010 By CECILIA KOK cecilia_kok@thestar.com.my PRINT more money, inject them into the system and the problems will ease? Not according to experts. Many see such course of action – commonly termed as quantitative easing, which the US Federal Reserve will likely announce next week – will only cause more headaches; to other economies first before returning to haunt its own. Presently, the speculation is still very much over the size and pace of this fresh dose of quantitative easing by the US Federal Reserve. But at the same time, concerns are already rising in some other parts of the world over the impact of further US monetary easing on their economies. China’s commerce minister Chen Deming, for one, had over the week explicitly voiced his annoyance over the rising challenge of an “im...

Rising concerns over household debt and bankruptcies among young M'sians

Image
Monday October 25, 2010 By YAP LENG KUEN Household debt to GDP rose to 76% last year from 64% in 2008 PETALING JAYA: Rising concerns over household debt and bankruptcies among the young have prompted several suggestions on how to tackle the problem at source. Apart from the expected curbs on property loans and possible limits on credit card usage, other steps include the creation of a personal credit scoring system, enhanced education and awareness among consumers as well as the financiers themselves. RAM Ratings head of financial institution ratings Promod Dass said: “Based on the latest available Bank Negara statistics, household debt to gross domestic product (GDP) has marched upward from about 64% in 2008 to around 76% last year. (Last year, this amounted to about RM389 bil). There is rising concern over household debt and bankruptcies among the young in Malaysia “This level is similar to that in Singapore and far lower than in Japan, the United States and Brita...

US: Consumer confidence drops to lowest since Feb.

By ANNE D'INNOCENZIO, AP Retail Writer Anne D'innocenzio, Ap Retail Writer – 43 mins ago NEW YORK – Americans' view of the economy turned grimmer in September amid escalating job worries, falling to the lowest point since February. The downbeat report, released Tuesday, raises more fears about the tenuous U.S. economic recovery. It also further underscores the disconnect between Wall Street and Main Street; consumers' confidence fell further even as stocks rebounded in September. The Conference Board, based in New York, said its monthly Consumer Confidence Index now stands at 48.5, down from the revised 53.2 in August. Economists surveyed by Thomson Reuters were expecting 52.5. The reading marked the lowest point since February's 46.4. It takes a reading of 90 to indicate a healthy economy — a level not approached since the recession began in December 2007. Economists watch confidence closely because consumer spending accounts for about 70 percent...

Smarter spending and better savings

Image
Assalamualaikum w.b.t., Artikel  dikepilkan di bawah sangat menarik untuk dikongsi. Namun saya tertanya-tanya, sebijak manakah kita boleh menguruskan kewangan secara khususnya pendapatan kita? Seorang kawan mengeluh kepada saya dengan perbelanjaan yang meningkat kini. Untuk menyambut hari raya perbelanjaan yang perlu dikeluarkan sangat tinggi malahan terpaksa mengeluarkan simpanan.Sepuluh tahun dahulu dengan RM500 sudah cukup untuk berhari raya dengan selesa. Sekarang ini, RM2000.00 masih tidak cukup lagi dengan perbelanjaan pulang ke kampung mencecah lebih RM1000.00 . Tanpa pendapatan tambahan sudah tentu ramai yang akan bergolok bergadai. Menurut kawan saya lagi, bagi keluarga yang sudah kaya-raya pastinya tidak menjadi masalah. Tetapi bagi tonggak keluarga, parah dibuatnya. Itu lah sebabnya bila masa raya, ramai yang paksa rela mengambil pinjaman peribadi sehingga ribuan juga. Baik, cuba kita lihat apa yang besar sangat belanja raya bagi setengah-setengah dari kalangan kita (mer...

More Rumours.... Don't Believe Blindly... Do Your Homework...

Most valueable investment gems in ramaddan is lailatul qadart nigh, prepare ourself in this month to find lailatul qadar and to make more ibadah investment for our next life as well!! Don't forget time running out now...!!! a. Speculative Play (Rumors Based) as at Aug 2010; b. List Of Sectoral Stocks ; c. Stocks To Watch For 13th General Election; d. Target Price(s) Set By Research Houses After Greece 's Debt Crisis Erupted (May 2010); e. List Of Top 30 Equity Investments Listed on Bursa Malaysia as at March 2010; f. FBM KLCI Members Effective June 21, 2010 Speculative Play (Based On Rumours) as at Aug 2010 ... Stemlife//TMC Life, ECM, Kurnia Asia, YNHP, Baneng (PN 17), Delloyd, TimeDotCom/Time Eng, BRDB/Mieco, EPIC/AZRB, Xingquan, Sinotop, POS/Ekuinas, PLUS/Axiata/CIMB/Tenaga, P&O, Ranhill, Scomi Eng, KYM, KBB (PN17), Carotech, E&O, Sarawak Plantations , Genting Mal, Bina Puri, CIMB, BHIC, Ireka, Sime Darby, Mudaja...

Check These Summay For Investment Planning

Someone email this, don't know how accurate this info was, check your self. *** UNCERTAIN *** 1.       Eastern Corridor Development Programme (Petronas-Led) 2.       Sarawak Region Corridor 3.       The Sabah Development Corridor 4.       The Asia Petroleum Hub In Johor 5.       The Solid Waste Management Play 6.       Flow of OPEC Petrodollars 7.       The Trans-Peninsula Pipe Project                                                     *** UNCERTAIN ***                   ...