Morgan Stanley Topped $100 Million on One Trading Day in Quarter

Morgan Stanley, the sixth-largest U.S. bank by assets, made more than $100 million in trading revenue on one day in the third quarter, the lowest number of days since 2006.
The firm’s trading division lost money on 10 days during the quarter, compared with five days a year earlier, according to a filing yesterday with the U.S. Securities and Exchange Commission. The New York-based firm made more than $100 million in trading revenue on 18 days in last year’s third quarter.

 http://www.bloomberg.com/news/2010-11-08/morgan-stanley-had-fewest-100-million-trading-days-in-quarter-since-2006.html

The Man Who Blacked Out World Series Says Politicians to Blame

News Corp.’s Chase Carey, the man who oversaw Fox’s talks with Cablevision Systems Corp. during a two- week blackout, has advice for government officials who want to keep more TV channels from going dark: Stop meddling. 

 Source: Bloomerberg 

http://www.bloomberg.com/news/2010-11-09/the-man-who-blacked-out-news-corp-world-series-says-politicians-to-blame.html

 

Google User Sues Over Claim Toolbar Software Violates Privacy

 Google Inc., owner of the world’s most popular search engine, was accused in a lawsuit of violating users’ privacy rights because its Toolbar software allegedly transmits their Internet activity to the company.

 Source: Bloomerberg
http://www.bloomberg.com/news/2010-11-09/google-sued-over-claims-toolbar-web-surfing-software-reveals-personal-data.html

BP May Pay Billions for `Missed Signals' That Led to Disaster

BP Plc remains at risk for billions of dollars in fines and legal costs even after a U.S. commission said safety wasn’t sacrificed for profit in the weeks and days leading up to the worst U.S. offshore oil spill.

More detail on http://www.bloomberg.com/news/2010-11-09/bp-may-pay-billions-for-missed-signals-that-led-to-worst-u-s-oil-spill.html


Source: Bloomerberg

SECOND CHINESE BANK SET TO LAUNCH IN THE KINGDOM

In response to the fast growing of the bilateral relationship between the two countries China and Cambodia, the second chinese bank, Industrial and Comercial Bank of China (ICBC),  is set to launch in the kingdom in the near future as National Bank of Cambodia has granted in-principle-approval for the chinese bank and provide it up to 6 months to fullfil the requirement condition from the NBC.

Is there any improvement for Cambodian National Team?

Although we have put a lot of efforts and high commitment in building up a stronger and stronger football team in the region as well as meeting the international level but so far it remains uncertainty about the strategy that has been implementing.

In fact the improvement requires a lot of resources plus with management skill of those people in the FFC. Ok we can blame the war that prevent us from reaching the top level like the other countries in the region but at the same time we should also look at ourselves first whether we have chosen the right way in order to make ourselves ready for the qualifying round in Laos.

Relying too much on the training camp in Viet Nam is not enough at all to make Cambodia national team advance to the next round of the AFF Suzuki Cup but the thing that we should focus on is to select the best players for national squad and follows football's rule that the coach is not allowed to change the player's position unnecessarily and the coach himself should remove some players if those players are less competitive than others.

By Ryra