One great way travellers have been keeping their travel costs low is by taking full advantage of the cheaper fares offered by budget airlines such as Air Asia. They were even happier when Air Asia started offering FREE seats offers to all their destinations. It wasn’t too long before Malaysia Airlines jumped on the bandwagon [...]
Photo credits
The Lehman Brother bankruptcy sent shockwaves through the American financial markets, making it the worst day on Wall Street in 7 years!
Obama called it “the most serious financial crisis since the Great Depression.” (source)
The Dow Jones fell by 500 points which very quickly hit the European and Asian markets. All over the world, the [...]
Photo credits
Lehman Brothers collapsed today in the US.
Lehman Brothers, the fourth largest securities firm, today filed for bankruptcy as the subprime crisis continues to spread across the US. This is bad news indeed after the recent Bear Stearns collapse as analysts fear the ripples across Wall Street may be even wider reaching.
But what does this mean [...]
Photo credits
The Bursa Malaysia recently hit a 22 month low with crude palm oil futures dropping to a 16 month low. The Ringgit suffered the lowest it has ever been to the USD in the whole year as other commodities took a tumble amidst falling oil prices.
The looming September 16 deadline of Anwar Ibrahim’s intended [...]