The woes continue.....
Even before they could decide on what to do with the big three auto makers, another large institution is reported to be in dire straits. Citibank, with over 300,000 workers worldwide, is in urgent need of a cash injection. Otherwise, it too might go down! I wonder what's next?
In Malaysia, the market has been on a losing streak the past few days. When it will end I have no idea!
A busy sporting weekend
A few sporting events kept me occupied last weekend. The A1 race in Sepang, the UBS golf tournament in Hong Kong, the rugby league final in Australia, the rugby union matches in England and Wales and the premier league matches in England. All in all, it was a busy sporting weekend for me.
The results?
Malaysia managed only a 10th placing in Sepang, a Malaysian golfer secured a top ten placing in Hong Kong, New Zealand won the rugby league final beating Australia, New Zealand and South Afdrica both won their rugby union matches and of the big four in the premier league, all drew except Arsenal who lost.
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