Post removed.Why?

Post removed.Why?

Cruise operator Genting Hong Kong files to wind up company

(Jan 19): Genting Hong Kong Ltd has filed to wind up the company in one of the biggest stumbles by a cruise operator globally after the pandemic ravaged the industry and drove its German shipbuilding subsidiary into insolvency.


https://www.theedgemarkets.com/article/genting-hong-kong-may-file-liquidation-funding-dries




Genting Hong Kong woes put focus on billionaire Lim’s next steps

https://www.theedgemarkets.com/article/genting-hong-kong-woes-put-focus-billionaire-lims-next-steps


What are the risks then?

The worry is whether Lim would tap other parts of his Genting empire to help with any bailout or provide financial help. And he has a history of taking such steps.

He has used Genting Malaysia to conduct related party transactions previously. One example: Genting Malaysia said in 2019 that it was buying a 46% stake in Empire Resorts in New York from him. This deal caused a slump in Genting Malaysia shares. The Malaysia firm now owns a 49% stake in Empire Resorts.

Cruise operator Genting Hong Kong files to wind up company

(Jan 19): Genting Hong Kong Ltd has filed to wind up the company in one of the biggest stumbles by a cruise operator globally after the pandemic ravaged the industry and drove its German shipbuilding subsidiary into insolvency.


https://www.theedgemarkets.com/article/genting-hong-kong-may-file-liquidation-funding-dries




Genting Hong Kong woes put focus on billionaire Lim’s next steps

https://www.theedgemarkets.com/article/genting-hong-kong-woes-put-focus-billionaire-lims-next-steps


What are the risks then?

The worry is whether Lim would tap other parts of his Genting empire to help with any bailout or provide financial help. And he has a history of taking such steps.

He has used Genting Malaysia to conduct related party transactions previously. One example: Genting Malaysia said in 2019 that it was buying a 46% stake in Empire Resorts in New York from him. This deal caused a slump in Genting Malaysia shares. The Malaysia firm now owns a 49% stake in Empire Resorts.

Post removed.Why?

Post removed.Why?

WHO says omicron won’t be last Covid variant as global cases surge by 20% in a week

Dr. Bruce Aylward, a senior WHO official, warned high levels of transmission give the virus more opportunity to replicate and mutate, raising the risk that another variant will emerge.

New infections have increased by 20% globally over the past week with nearly 19 million total reported cases.

“This pandemic is nowhere near over,” WHO Director-General Tedros Adhanom Ghebreysus said.


https://www.cnbc.com/2022/01/18/who-says-omicron-wont-be-last-covid-variant-as-global-cases-surge-by-20percent-in-a-week.html


*Medical expert had given cautious advice for further virus variants coming

WHO says omicron won’t be last Covid variant as global cases surge by 20% in a week

Dr. Bruce Aylward, a senior WHO official, warned high levels of transmission give the virus more opportunity to replicate and mutate, raising the risk that another variant will emerge.

New infections have increased by 20% globally over the past week with nearly 19 million total reported cases.

“This pandemic is nowhere near over,” WHO Director-General Tedros Adhanom Ghebreysus said.


https://www.cnbc.com/2022/01/18/who-says-omicron-wont-be-last-covid-variant-as-global-cases-surge-by-20percent-in-a-week.html


*Medical expert had given cautious advice for further virus variants coming

Post removed.Why?

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%


Perfect storm will be coming soon to hit the share market

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%


Perfect storm will be coming soon to hit the share market

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Perfect storm will be coming soon for Nasdaq

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%

Post removed.Why?

I no worry about bursa market la. Better worry about US market and global market first





Posted by MorningGlory123 > Jan 18, 2022 11:08 PM | Report Abuse X

Tomorrow shall be more exciting trading day

US market already heading -570 points


Posted by MorningGlory123 > Jan 18, 2022 2:15 PM | Report Abuse

Genting Hong Kong May File for Liquidation as Funding Dries Up

I no worry about bursa market la. Better worry about US market and global market first





Posted by MorningGlory123 > Jan 18, 2022 11:04 PM | Report Abuse X

Tomorrow shall be more exciting trading day

US market already heading -570 points


Posted by MorningGlory123 > Jan 18, 2022 2:15 PM | Report Abuse

Genting Hong Kong May File for Liquidation as Funding Dries Up

Good morning..... pay attention to entertain the naysayers. They just come here for fun when share market is in not favourable situation. Hold tight tight your cash first for those has not but any share, hope can buy at this year low and lowest. Haha ha...

Tomorrow shall be more exciting trading day

US market already heading -570 points




Posted by MorningGlory123 > Jan 18, 2022 2:15 PM | Report Abuse 

Genting Hong Kong May File for Liquidation as Funding Dries Up

Tomorrow shall be more exciting trading day

US market already heading -570 points




Posted by MorningGlory123 > Jan 18, 2022 2:15 PM | Report Abuse 

Genting Hong Kong May File for Liquidation as Funding Dries Up

Post removed.Why?

Post removed.Why?

Genting Hong Kong May File for Liquidation as Funding Dries Up

(Jan 18): Genting Hong Kong Ltd may file for provisional liquidation as soon as Tuesday after it wasn’t able to secure funds to help it stay afloat following an insolvency at its German shipbuilding subsidiary.

The troubled cruise operator plans to file for provisional liquidation with courts in Bermuda unless it receives “credible proposals for a solvent, consensual and inter-conditional restructuring solution”, Genting Hong Kong said in a filing to the Asian financial hub’s exchange. Trading of the company’s shares has also been suspended.



https://www.theedgemarkets.com/article/genting-hong-kong-may-file-liquidation-funding-dries



*Unexpected one of the darling stock plan to file for provisional liquidation

@choysun Why so confidence no doom and gloom. Anaconda is coming. Chill la. Today only bursa holiday not other share market holiday

I want to backup further, I not worry bursa share market, I only doom and gloom US market and global market

Russia Issues Subtle Threats More Far-Reaching Than a Ukraine Invasion

If the West fails to meet its security demands, Moscow could take measures like placing nuclear missiles close to the U.S. coastline, Russian officials have hinted.


https://www.nytimes.com/2022/01/16/world/europe/russia-ukraine-invasion.html


*Political tension will impact financial market heading uncertainty

Russia Issues Subtle Threats More Far-Reaching Than a Ukraine Invasion

If the West fails to meet its security demands, Moscow could take measures like placing nuclear missiles close to the U.S. coastline, Russian officials have hinted.


https://www.nytimes.com/2022/01/16/world/europe/russia-ukraine-invasion.html


*Political tension will impact financial market heading uncertainty

Genting Hong Kong May File for Liquidation as Funding Dries Up

Says appointment of provisional liquidators is essential

Shares of Genting Hong Kong halted from trade in the Asian hub


Genting Hong Kong Ltd. may file for provisional liquidation as soon as Tuesday after it wasn’t able to secure funds to help it stay afloat following an insolvency at its German shipbuilding subsidiary.

The troubled cruise operator plans to file for provisional liquidation with courts in Bermuda unless it receives “credible proposals for a solvent, consensual and inter-conditional restructuring solution,” Genting Hong Kong said in a filing to the Asian financial hub’s exchange. Trading of the company’s shares has also been suspended.


https://www.bloomberg.com/news/articles/2022-01-18/genting-hong-kong-may-file-for-liquidation-as-funding-dries-up


*Unexpected file for liquidation for one of the local darling stock

Covid 19 Delta outbreak: More restrictions likely as New Zealand gets ready to respond to Omicron outbreak

Working from home and lowering the number of people allowed at gatherings are all back on the table as the Government continues to plan for an inevitable Omicron outbreak.

Health officials are in the process of reviewing the current traffic light settings that were designed with Delta in mind because Omicron is a "different beast", according to director-general of health Dr Ashley Bloomfield.


https://www.nzherald.co.nz/nz/covid-19-delta-outbreak-more-restrictions-likely-as-new-zealand-gets-ready-to-respond-to-omicron-outbreak/UF5TCZURFGJZ5NIUAJBQHJXX6A/


*unavoidable government will impose more restrictions for virus spiking and virus variants

The U.S. surgeon general warns that Omicron has not yet peaked.

Dr. Vivek Murthy, the U.S. surgeon general, warned on Sunday that the Omicron surge of coronavirus cases had not yet peaked nationally, saying that the next few weeks would be very difficult in many parts of the country as hospitalizations and deaths rise.


https://www.nytimes.com/2022/01/16/health/omicron-peak.html



*Medical expert had warned virus infections will further spiking