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Showing posts from July, 2010

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Market Daily Report: Bursa Malaysia Ends Lower as Investors Eye US Data, BOJ Decision

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.   At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day.  The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
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the $600billion challenge

If you have heard about it, then you will probably know that the $600 billion challenge is an attempt to change the world. That is the challenge and campaign kick off by one of the most influential person on Earth in the technology era, Bill Gates. Bill Gates, Melinda Gates and Warren Buffet are asking the billionaires in the country to give away at least half of their net worth for charity, whether while they are alive or at their death. Through this, I also learn about the term philantrophy, which is an effort to change and increase the well being of mankind. I think the effort made by the trio are worth mentioning in this blog because even though money is important for usage, we must learn the need to share with those in need. Hopefully, this will help to inspire more of us to see beyond our own environment and look into the lives of others.
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