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Asian Stocks Advance as Fed Cuts Interest Rates to Record Low

Asian stocks rose to a five-week high after the U.S. Federal Reserve and Hong Kong cut interest rates to a record low, spurring gains among developers and lenders on speculation the region’s central banks will follow.
Mitsubishi Estate Co. gained 10 percent in Tokyo as traders increased bets the Bank of Japan will reduce [...]

Interest on T-Bills Falls to Zero Finally

I’m happy to say we’re finally giving people with to much damn cash on hand what they deserve from our goverment coffers!! ABSOLUTELY NOTHING! Yes thats right the T-Bill rate finally hit 0% so everyone out there with million even billions in cash are finally helping this country in [...]

Sony’s Net Falls 72%, Hurt by Weak Demand, Strong Yen

Sony Corp. said Wednesday its second-quarter net profit fell 72% as consumer demand sagged in the sputtering global economy and the strong yen undermined sales overseas.
Japanese men walk past a Sony display at an electronics store in Tokyo on Oct. 23, 2008.
The maker of such iconic consumer products as the PlayStation video game system and [...]

Thank you china for exterminating your own people

Wahooo China has once again shocked the world.  This time they are very proud of it.  They are literally the most polluted country in the entire world according to the U.N.  Guess it is a good thing their embasitor is thrilled about giving his people health problems and cancer.  How cute they brainwash children into [...]

China’s acquisitions provoke unease

Flush with hundreds of billions of dollars, China Inc. is still having trouble investing abroad, running into foreign security worries as it tries to acquire companies and resources.
The latest casualty: A deal by a Chinese maker of telecom gear and an American private equity firm to buy U.S. tech company 3Com.
The bidders say they just [...]

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