Wednesday, September 29, 2010

Bill, Warren, & BYD. Najib & NYSE.

Sep 28 (WSJ) - The U.S. billionaire duo of investor Warren Buffett and Microsoft co-founder Bill Gates on Wednesday handed celebrity-level endorsement to Chinese auto maker BYD, in which Buffet’s investment firm has a nearly 10% stake.

The two Americans rode in a BYD van from behind a cloud of mist and onto the stage of a Beijing media event for the company, before giving lavish, if seemingly rehearsed, praise for the van.

“It was fantastic. I am amazed at the quality of that vehicle,” Gates said after exiting the van, called the M6.





Sept 28 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak visited the New York Stock Exchange (NYSE) and rang the closing bell on Monday.

He had earlier held discussions with the bourse's top executives led by NYSE Euronet chief executive officer (CEO) Duncan Niederauer, on ways to assist Malaysian investors in securing access into the US capital market.

In a brief remark after signing the guest book, Najib said that he had proposed the hosting of a Malaysia Day at the bourse, to attract US investors into the Malaysian market as well as other markets in the Southeast Asia region.

He said Malaysia could be a gateway for US investors into the ASEAN market, which he described as one of the fastest growing, in Asia.

Morale of the stories : (1) Rich folks come to you when you have the right product. (2) Well, you know...

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