savoy078

Passengers. Brilliant story telling. Visionary yet believable. Like Martian, only better. Space travel, science, romantic, desolation, philosophical, mortality n its devastation, spectacular imagery. Being human n humane. 9.7/10

This was considered unimaginable 15 years ago, but a group from LDP finally managed to push through the new bill. The new bill proposes allowing large-scale projects that will combine casinos with hotel, shopping and conference facilities.  Attracting tourists is one of the key economic policies of Japan's Prime Minister Shinzo Abe and supporters say these developments will bolster the country's flagging economy and help support tourism after the 2020 Tokyo Olympics. The law urges the government to prepare legislation within one year to deal with problems connected with casino resorts, including gambling addiction and ways to prevent the involvement of organized crime groups. Likelihood To Go All The Way: Despite a 2-1 disapproval by the public, the likelihood of this plan to come to fruition is very high. As you know to even get passed the Lower House would have required a lot, a lot of stamp signatures and collusion. Hiroyuki Hosoda, head of the main pro-casino parliam...

One should never never punt on warrants with less than 1 year to expiry, especially covered warrants. I can safely bet that anyone who trades in covered warrants in the course of a year will have a 90% chance to sustain losses.  Unfortunately, our markets have been in the doldrums for the past 6 months or so and that has caused some die hard players to only consider covered warrants, esp those index covered ones, in particular the highly volatile HSI covered (which kind of acts as a proxy to the even more volatile China exchanges). Just have a look at the daily volume rankings, its always the covered warrants for the past few months. Strange as it may seem, if things continue, our local exchange will be trading mostly other countries' covered index warrants for the longest time - esp if the big guys introduce the Nikkei covered as well. Why investors will lose big in the long run: 1) Time Value - These covered warrants are usually short in terms of time to expiry, usually less than...

I like TVB series generally but most are nothing much to shout about. But I must strongly recommend this one, Law Disorder ... about a bunch of lawyers in a firm. Its conniving, devious, thrilling, plot thickening with every episode and plot twisting till your stomach turns ... a place where no one is obviously the hero, a place where no one is entirely blameless or evil.  I must commend on the new bunch of writers. Human relations are callous, no more Mr. Nice Guy TVB feel-good touchy-feely stuff here, everyone has their inner motivations and not all are grand and altruistic at all. There are no permanent friends or enemies, its gripping... if only every boardroom meeting in reality were like that. Morality is always not set in cement, values can be argued, and there is no black or white, just different shades of grey. Watch it it, its better than Suits and Boston Legal.

What can we surmise from the major asset classes table below? A lot. Bear in mind that these returns are priced in USD, which has generally performed well against most currencies this year. Major developed equity markets had a largely rough first few months in 2016, thanks to Brexit. However the recovery was quite sharp too in July, compared to the overall YTD performance. Are there anything the markets are not afraid of anymore. There is a running theme across the asset classes - negative interest rates in some developed nations. You can literally see that impacting across the board. Emerging markets equity had an even better performance YTD, and rallied alongside developed markets last month. When priced in USD, it also meant that the actual returned were further enhanced in local currency (for most). Where you find the greatest impact of the negative interest rates theme - REITs, foreign, US and emerging markets bonds... look at their YTD gains in USD. As you are beginning to see th...

This was a surprisingly good movie... Thought I give it a chance to see Mila Kunis, the lovable Kristen Bell and the ever gorgeous Christina Applegate ... but its Kathryn Hanh who stole the show as the loose single mum who's game for anything. Its 18+ so you know its a lot of fun. Tackling real issues with brutal honesty and there were plenty of laugh out loud and long moments. Touching piece at the end when all the stars talked with their real mothers. Excellent 9.5/10.