Malaysia’s price for sleeping with the devil
The alert warning on terrorist attacks by UK and Australia is only a small piece in the Empire’s jigsaw puzzle to bring down the Najib govt. The attack on his 1MDB saga continues with the Wall Street Journal reporting that ‘a Saudi official saying that the kingdom’s Finance and Foreign Ministries had no knowledge of the...
DBS profit up, share price down
DBS announcing another unbelieveable achievement for the 4th quarter results. At the rate it is making profit, in no time DBS would be the biggest bank in the world and the most profitable one. 4th quarter profit up 20%, to $1b in 3 mths. Who is saying banks cannot make big profits like the casinos? And revenue hit $10b or $10.79b...
Questions for Keppel, SembCorp Marine
FT’s Nick Butler had 4 questions for the oil majors’ results season: where they spintheir annual results, declare dividends and reveal strategy updates. These are useful questions for Keppel and SembBorp Marine except the second question should be about their vanalysis of their clients projects. And for Temasek too....
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