Wall Street stocks tumble on US$135 oil

NEW YORK, May 22 — Wall Street pitched lower for the second straight session yesterday as record-high oil prices and a bleak economic assessment from the Federal Reserve deepened investors' worry about rising costs and a shaky employment picture. The Dow Jones industrial average fell 227 points, logging its widest two-day loss since late February.

Early in the day, stocks began falling on the surging price of oil, which shot up more than US$4 and breached US$135 a barrel for the first time on the futures market yesterday.

The stock market slumped further after minutes from last month's Fed meeting revealed that while policymakers expected sharply lower economic growth and higher unemployment later this year, inflationary risks are likely to keep the central bank from cutting rates again. Lower interest rates spur economic growth, but they also tend to accelerate inflation.

High commodities prices have been a big source of anxiety for investors, as many retailers and credit card companies have noticed consumers paring back spending on discretionary items, including clothing and jewelry, to be able to afford necessities such as gasoline and groceries.

Meanwhile, the Fed's minutes suggest the central bank's two main priorities — making sure the economy is growing, and keeping inflation in check — are both going to be tough to achieve through monetary policy. That is a troubling prospect for investors hoping that the economy will bounce back in the second half of the year and that the central bank will be able to concentrate on controlling inflation.

"It absolutely underscores the two competing mandates for the Federal Reserve: growth, and price stability. It captures the tug-of-war between the two mandates, crystallises how different those two mandates are," said Quincy Krosby, chief investment strategist for The Hartford. "If employment deteriorates dramatically, the Fed has a choice — do they worry about inflationary pressure, or do they want to continue to support their growth mandate?"

The Dow fell 227.49, or 1.77 per cent, to 12,601.19, after falling nearly 200 points on Tuesday. The blue chip index's two-day drop of about 427 points, or 3.3 per cent, is its biggest since Feb 28-29.

Broader stock indicators also stumbled. The Standard & Poor's 500 index fell 22.69, or 1.61 per cent, to 1,390.71, while the Nasdaq composite index fell 43.99, or 1.77 per cent, to 2,448.27.

Crude oil soared US$4.19 to settle at US$133.17 a barrel on the New York Mercantile Exchange — about US$20 higher than it was at the beginning of May. It passed US$135 a barrel in after-hours trading.

"There's almost a parabolic rise going on," said Richard E. Cripps, chief market strategist for Stifel Nicolaus. "I do sense that the stock market is searching for where that oil peak is going to be ... but till it finally gets there and backs off, I think the stock market is under pressure."

Strong demand out of China, supply disruptions in Nigeria, the dollar's slump versus other world currencies, and political tension in the Middle East have been keeping oil on the incline.

"The factors affecting commodities, the strongest catalysts, are outside the United States," the Hartford's Krosby noted. "The Fed's ability to dampen inflationary expectations have become not completely limited, but more limited than if we were having this discussion 10 years ago."

And although jitters over the housing-driven credit crisis have calmed since March, they are far from over. Financial stocks took a hit yesterday after Moody's Investors Service said it is "conducting a thorough review" regarding the possibility that computer errors incorrectly gave high quality ratings to certain debt securities that later sank in value.

"That would create some real carnage in an industry that doesn't need it," said Jim Herrick, manager of equity trading at Baird & Co., referring to the banks and other financial services companies that have lost billions of dollars due to bad bets on mortgages and other debt. — AP

Robert Kuok still tops Malaysia’s rich list with US$10b

SINGAPORE, May 22 — Tycoon Tan Sri Robert Kuok continues to maintain his lead position as Malaysia's richest man in the latest Forbes Asia's rich list. Kuok, 84, who has many businesses, including Hong Kong property and media interests, and most notably palm oil giant Wilmar, increased his net worth by US$2.4 billion last year to hit US$10 billion. The latest ranking list also saw Berjaya Corp's Tan Sri Vincent Tan joining the billionaires' club, Forbes Asia said in a news release here. There are 10 billionaires in the list this year, one more than last year. Tan, who rose from 14th to ninth position, has a net worth of US$1.3 billion, up nearly US$1 billion from last year. Forbes Asia said Tan’s company Berjaya Corporation had bucked the trend with its stock price up nearly three-fold over the past 12 months. Tan reigns over a vast US$4 billion — combined sales — network of enterprises spanning industries such as gaming, media, telecom, consumer products and retail as well as real estate. Still in second place is Ananda Krishnan, who heads telecom company Maxis. But his wealth dipped to US$7.2 billion, which is US$200 million less than last year. The third richest in the list is IOI Corporation group executive chairman Tan Sri Lee Shin Cheng, who was ranked fourth last year, but as the oil palm plantation giant soared in value, his wealth rose from US$1.6 billion to US$5.5 billion, Forbes Asia said. The highest new entry is Puan Sri Lee Kim Hua, widow of renowned gaming tycoon Tan Sri Lim Goh Tong who was ranked third last year but died in October. She and her family are worth US$3.4 billion and ranked fifth, even as son Tan Sri Lim Kok Thay, who runs Genting, is listed on his own with US$345 million, putting him in 15th place. Lee is one of three women on the list alongside Selangor Properties' chairman Puan Sri Chong Chook Yew, ranked 24th (US$245 million), and daughter of the Sultan of Perak, Raja Datuk Seri Eleena Raja Azlan Shah, ranked 35th (US$150 million). Among the newcomers is Datuk Nazir Razak, group chief executive of CIMB Group and the youngest son of second Prime Minister, the late Tun Abdul Razak Hussein. Nazir managed to scrape into the 40th position as the last richest Malaysian in Forbes Asia's top 40 with a net worth of US$100 million. The collective wealth of the top 40 is US$46 billion, up US$3 billion from last year. While 16 people managed to add to their wealth, 18 saw their net worth slip, with seven of them losing at least a quarter of their worth. Tan Sri Syed Mokhtar Al-Bukhary, the richest Malay tycoon and a billionaire, dropped one position from seventh to eighth after his net worth was reduced by US$200 million to US$1.8 billion. The Malaysia Rich List appears in the June 2 issue of Forbes Asia. The top 10 richest in Malaysia are: 1) Robert Kuok, US$10 billion. 2) Ananda Krishnan, US$7.2 billion. 3) Lee Shin Cheng, US$5.5 billion. 4) Teh Hong Piow, US$3.5 billion. 5) Lee Kim Hua & family, US$3.4 billion. 6) Quek Leng Chan, US$2.4 billion. 7) Yeoh Tiong Lay & family, US$2.1 billion. 8) Syed Mokhtar Al-Bukhary, US$1.8 billion. 9) Vincent Tan, US$1.3 billion. 10) Tiong Hiew King, US$1.1 billion. — Bernama [news and politics][politics]

Orang Kaya Malaysia suka sembunyikan diri

Ramai orang kaya tidak menceritakan tentang kekayaannya kerana bimbang tentang keselamatannya terutama di Malaysia.

Sukar untuk mencari siapa yang kaya di Malaysia dengan hartanya di seluruh negara. Tetapi ia tidak sukar di negara Barat seperti Amerika Syarikat (AS).

Kebanyakan rakyat Amerika mengetahui siapa yang mempunyai harta bertimbun-timbun (meminjam kata-kata Pak Lah) di Amerika kerana masyarakat di sana agak terbuka mendedahkan harta milikan mereka.

Di Malaysia mereka sebaliknya kerana mereka bimbang dikejar perompak dan income tax. Budaya orang Malaysia suka menyembunyikan fakta peribadi supaya banyak benda terselamat dengan sifat itu termasuk menyembunyikan kekayaan dari dihidu oleh Jabatan Hasil Dalam Negeri.

Orang Kaya Malaysia kebanyakannya kedekut untuk melaborkan wang atau harta mereka untuk kebaikan rakyat Malaysia berbilang kaum. Kalau adapun tidak ramai. Saya tidak mahu menyebutnya di ruangan terbatas ini siapakah mereka tersebut.

Anda perlu menyelidik dan mencari maklumat itu dari semasa ke semasa.

Kajang

Prima Saujana, Selangor
RM510,000

Negotiable

Listing ID:	640
Property Class:	Residential/House
Type:	Semi-D
Furnishing Type:	Unfurnish
Occupied Type:	Vacant
Title Type:	Individual
Layout Type:	Intermediate
Beds:	5
Baths:	4
Build Up:	2800
Lot Size:	40x80
Tenure:	Freehold
Status:	Active

Status: Active

Maklumat Lot 1461, EMR 504, Kg. Sg. Ramal, Mk. Kajang, Daerah Hulu Langat, Selangor

Nama Projek Lot 1461, EMR 504, Kg. Sg. Ramal, Mk. Kajang, Daerah Hulu Langat, Selangor

Keluasan 3.5 ekar Status Tanah Telah ditukar syarat dari tanah Pertanian kepada Bangunan. Tanah Simpanan Melayu Tanah ni telah mempunyai hakmilik (geran) individu Berstatus pegangan bebas (freehold) Status Projek Permohonan Kebenaran Merancang telah diluluskan oleh pihak MPKj. Permohonan kelulusan pelan infrastruktur telah dikemukakan ke MPKj. Keseluruhan lot banglo ialah 16 unit. 11 unit lot telah dijual Terdapat 5 unit lot banglo untuk dijual Dijual dengan harga RM28/kps (termasuk Infrastruktur) Catitan Lokasi Hartanah Hartanah ini terletak di Jalan Cempaka Sg Ramal Dalam, Kajang, berdekatan Projek Country Height dan Putrajaya Lokasi amat baik untuk pelaburan masa depan. Dihubungkan jalinan lebuhraya canggih ke Putrajaya, Cyberjaya, Bandaraya Kuala Lumpur, KLIA dan Seremban. Persekitaran Hartanah Hanya 5 minit ke tol Kajang. 30 minit perjalanan ke Kuala Lumpur melalui lebuhraya KL – Seremban. 40 minit perjalanan ke KLIA di Sepang 15 minit ke Putrajaya Berdekatan UKM, UPM, Pusat Latihan Maybank, PERMATA PETRONAS, ILSAS, INSPEN dan KLIUC.

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Maklumat Lot 8954, Mk. Dengkil, Daerah Sepang, Selangor

Nama Projek Lot 8954, Mk. Dengkil, Daerah Sepang, Selangor

Keluasan 5.4 ekar Status Tanah Lot ini berstatus 'leasehold' (pajakan 99 tahun). Pihak MPS telah meluluskan permohonan Kebenaran Merancang. Masih dalam proses untuk Kelulusan Tukar Syarat tanah dari tanah Pertanian kepada Bangunan. Status Projek Usahasama dengan tuan tanah Dicadangkan 30 unit lot banglo 17 lot telah dijual Terdapat 13 lot yang masih ditawarkan kepada pembeli Catitan Dijual dengan kadar RM30.00/kps (termasuk kos infrastruktur) Jangka masa yang dianggarkan untuk pembeli membina rumah adalah 3 tahun. Lokasi Hartanah Hartanah berkenaan terletak di RKT Kg. Limau Manis, Sg. Merab. Kawasan berbukit satu-satunya penempatan yang masih mengekalkan suasana kehijauan alam semulajadi yang menyegarkan, hijau dan selesa bersempadan dengan Putrajaya. Lokasi amat baik untuk pelaburan masa depan. Kawasan ini bersempadan dengan Pusat Pentadbiran Persekutuan Putrajaya iaitu bersebelahan dengan Presint 16 & 17 serta berhadapan dengan pangsapuri/ quarters kakitangan kerajaan. Perihal Dan Persekitaran Hartanah Dipersekitarannya terdapat berbagai projek yang sedang membangun. Diantaranya:- Laluan masuk terus dari presint 17 Putrajaya. Kemudahan perhubungan untuk menuju ke KLIA, Putrajaya, Cyberjaya, Kajang, Kuala Lumpur, Shah Alam & Seremban dan ia juga berada dizon yang sedang pesat membangun di Daerah Sepang Selangor. Hanya 10 minit perjalanan dari persimpangan bertingkat Bangi dan Kajang. Hanya 20 minit perjalanan dari Pusat Bandaraya Kuala Lumpur melalui lebuhraya KL-Seremban dan 30 minit dari Lapangan Terbang Antarabangsa (KLIA) yang baru di Sepang. 5 minit perjalanan ke Pusat Pentadbiran Kerajaan Persekutuan di Putrajaya. Berhampiran Pusat Membeli-belah Alamanda, Jabatan-jabatan Kerajaan, Taman Warisan, Bangi Golf Resort, Pusat Bandar Baru Bangi, Country Heights, Kajang, Seri Kembangan, Serdang dan Puchong. Berdekatan dengan Pusat Latihan MAYBANK, PERMATA (PETRONAS), ILSAS, INSPEN, UNITEN, UPM dan lain-lain. Cara Bayaran Pembeli perlu membuat bayaran sebanyak RM 5,000.00 untuk tempahan lot. Baki bayaran 10% dari harga tanah setelah ditolak dengan bayaran tempahan akan dibayar semasa menandatangani Surat Perjanjian Jualbeli. Manakala baki 90% daripada harga tanah akan dibayar secara ansuran sebanyak RM 800.00 sebulan sehingga geran tanah dikeluarkan oleh pihak Pejabat Tanah. Click Here!

Maklumat Lot 8966, Mk. Dengkil, Daerah Sepang, Selangor Darul Ehsan

Nama Projek Lot 8966, Mk. Dengkil, Daerah Sepang, Selangor Darul Ehsan

Keluasan 6.0 ekar Status Tanah Tukar syarat tanah pertanian kepada kediaman telah diluluskan dan kini dalam proses urusan pecah sempadan untuk pengeluaran hakmilik individu. Status Projek Tanah sendiri. Catitan: Dicadangkan 30 unit lot banglo

Tanah Mukim Rawang, Selangor: 11 Lot belum terjual

Nama Projek


Lot 2433, 2434, 2739 dan 2740, Kuang, Mukim Rawang, Daerah Gombak, Selangor D.E

Keluasan 7.2 ekar Status Tanah Tanah ini berstatus pegangan bebas (Freehold) & rezab Melayu Tanah ni telah mempunyai hakmilik (geran) individu Keluasan tanah antara 5,000 kps ke atas Status Projek Keseluruhan lot banglo adalah 34 lot 29 lot telah dijual 11 lot telah dibina rumah dan didiami 5 lot ditawarkan untuk dijual Dijual dengan harga RM26/kps Catitan Kediaman Yang Penuh Kedamaian : Kuang merupakan sebuah perkampungan moden yang majoriti penduduknya terdiri daripada masyarakat Melayu. Satu-satunya perkampungan yang masih mengekalkan suasana kehijauan yang menikmati suasana nyaman dan tenang. Terletak di dalam Mukim Rawang, Selangor. Di persekitaran kawasan ini mempunyai wawasan pembangunan yang tersendiri di samping masih mengekalkan tradisi keMelayuan Hanya memerlukan 5 minit sahaja untuk sampai ke Bandar Baru Sg Buloh dan Bukit Rahman Putra, 25 minit sahaja untuk sampai ke Pusat Bandar Kuala Lumpur atau Shah Alam Lokasinya berhampiran dengan Sekolah Menengah Teknik, Sekolah Kebangsaan Kuang, Sekolah Kebangsaan & Menengah Bukit Rahman Putra Berhampiran dengan persimpangan Guthrie Corridor Express-way Laluan mudah ke utara melalui Rawang

Anda bermasalah?

Lama saya tidak hantar berita terbaru tentang hartanah yang saya cukup minati ini. Kali ini saya akan ceritakan suatu maklumat baru (mungkin bagi mereka terbabit mereka akan berkata, "kamu baru tahu, orang dah lama buat harta, jadi jutawan dengan benda ni...).

Biarkan saja cakap-cakap mereka itu. Saya tidak mahu menjelaskan apa sebenarnya berlaku di sebalik cakap-cakap serupa itu. Mungkin satu hari nanti saya akan menceritakannya tetapi tidak sekarang.

Kenapa? Saya belum jadi jutawan lagi. Nanti saya akan ceritakan cerita jutawan hartanah ini selepas saya benar-benar menjadi jutawan.

Bagaimanapun hari ini saya mahu menyelesaikan masalah insan yang bermasalah. Siapa? Datuk Siti Nurhaliza ke? Takkan saya boleh sampai begitu sekali nak selesaikan masalah manusia glamour tu. Jangan mengarutlah.

Dia ada masalah apa? Nak bercerai dengan Datuk K? Tak adalah. Saya mahu selesaikan masalah insan yang mahu jual rumahnya dalam kadar segera kerana masalah peribadi yang tidak dapat diselesaikan melainkan menjual rumah berkenaan.

JIKA ANDA ORANGNYA SILA HUBUNGI SAYA DI TALIAN 013-9060111 ATAU E-MAIL seramaesty@yahoo.com.

Setakat ini saja hari ini jumpa lagi lain kali, terima kasih.

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Tanah Pelancongan Kijal RM420 ribu

Ada individu atau syarikat yang gemar menjadikan tanah tepian pantai sebagai platform untuk mengembang perniagaannya dalam bidang pelancongan.

Seluruh dunia membuktikan tepian pantai menjadi destinasi pelancongan yang diminati termasuk di Hawaii, Filipina, Miami, Amerika Syarikat, Phuket, Thailand dan kebanyakan destinasi di Malaysia termasuk Bali, Indonesia, Cherating, Pahang, Pulau Redang, Kuala Terengganu dan lain-lain.

Kijal, Kemaman, terkenal dengan kawasan peranginan menarik, mempunyai pantai putih bersih bagaikan kulit si dara manja. Di situ terletak Awana Kijal, resort popular milik sebuah syarikat Kuala Lumpur.

Terdapat 3 ekar tanah berhampiran yang ingin dijual dengan harga RM420,000.00. Ia sesuai untuk syarikat atau individu yang ingin membina resort pelancongan bagi kemudahan berkunjung dan berehat pelancong dalam dan luar negeri.

Jika berminat sila hubungi saya di talian 013-9060111 atau emailkan kepada saya seramaesty@yahoo.com.




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Tanah berhampiran Lapangan Terbang RM70 ribu selot

Anda mahu melihat Kapalterbang turun naik di hadapan rumah anda di Kuala Terengganu? Saya ada cadangan untuk anda.

Terdapat tiga lot tanah berhampiran Lapangan Terbang Antarabangsa Sultan Mahmud Kuala Terengganu, berukuran 70 kaki persegi (528 meter persegi) tanah empat persegi, memerlukan pembeli sekarang.

Harganya ialah RM70,000.00 selot. Segera hubungi saya sekiranya berminat.


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