Citic Pacific Ltd., the unit of China’s biggest state-owned investment company, tumbled the most in 18 years in Hong Kong trading after predicting HK$15.5 billion ($2 billion) in losses from unauthorized currency bets.
Note the use of the term “bets” instead of “hedging”. I hope they’re not deemed interchangeable.
World chess chammpionship 2008 Round 6: Anand wins again, score now 4.5:1.5. He’s now two points behind to retaining the title – i.e., 4 draws. I would have expected Kramnik to at least win a game from this match, but from how it’s going–nevermind.
Turn a PlayStation 3 Into a PC – Dual Boot with Ubuntu
Now what do you think of this? Dual booting the Sony PS3 game console and Ubuntu Linux in your Playstation 3. Bad thing, I don’t have a PS3, can’t try this on my own.
A very good friend, Wilson, is keeping himself busy over at 21 Wilson Street. Yeah, he’s into blogging as well. I reserved this post to welcome him to the blogging world. Keep those great posts coming, Wilson! I highly recommend visiting his site.
Philippine National Bank and Allied Banking Corp., which are both owned by tycoon Lucio Tan, have approved a plan to merge to become the country’s fourth largest bank in terms of assets. The merged bank will retain the name Philippine National Bank.