Commodities
After a two year trade war, the U.S. and China finally signed a trade deal, popularly known as the “Phase One”. President Donald Trump signed the deal while Vice Premier Liu He signed the agreement on behalf of China. The trade deal came at an interesting time as the House prepared to send articles of […]
... written on Jan 16 2020Mahathir Mohamad, the world’s oldest prime minister, has been relatively quiet since the start of the New Year 2020 – for a good reason. The Malaysian prime minister, arguably one of the most outspoken leaders, has offended so many world leaders that he probably had lost count – from Myanmar to the U.S., China, India […]
... written on Jan 14 2020Oil giant Saudi Aramco priced its IPO (initial public offering) at 32 riyals (US$8.53) per share last Thursday, marking the biggest share listing in history – beating Alibaba’s record US$25 billion listing in 2014. In essence, Aramco will become the world’s most valuable publicly traded company. Still, the IPO fell short of Saudi Crown Prince’s […]
... written on Dec 10 2019Mahathir’s previous policy of allowing so-called “minimal and manageable” corruption among the warlords of UMNO, the dominant political party he once led, has proven more damaging than anticipated. The tentacles of corruption have not only spread deep into government and private institutions, but also within government agencies founded to protect the poor Malay community. […]
... written on Dec 03 2019Investors, speculators and punters were cheering as the U.S. stocks hit fresh record highs on Friday on hopes for a US-China trade deal despite mixed economic data. The Dow Jones Industrial Average (DJIA) holds above 28,000 points on Monday, after the index hit the level for the first time after posting a fourth straight week of […]
... written on Nov 19 2019Aramco is the world’s largest oil company. It is also currently the most profitable company in the world, and based on the 2019 listing by Fortune, the company’s profitability is almost double that of Apple. As a private organization that produces about 10% of the world’s crude oil, Aramco’s revenue for the financial year 2018 was […]
... written on Nov 15 2019Malaysian Prime Minister Mahathir Mohamad has expressed his disappointment over the failure of Regional Comprehensive Economic Partnership (RCEP). Despite 7 years of negotiations since it was first formally launched in November 2012 at the ASEAN Summit in Cambodia, the proposed free trade agreement has failed to reach consensus – again. “We are very disappointed. […]
... written on Nov 04 2019For months, Mahathir Mohamad had been enjoying himself – bashing and condemning everyone and every country he didn’t like, as if the world revolves around him. He has slammed the U.S., Hong Kong, India, Israel, Singapore and even Myanmar. In the process, he has insulted the Hindus, Chinese, Jews, Americans and practically everyone who was […]
... written on Oct 22 2019A lot of small businesses are looking for different ways to cut down on their energy bills. The concept makes a lot of sense as the lower your energy bills are, the more profit you can make. Thanks to today’s technologies and green energy alternatives, it’s become possible to come across numerous methods that can […]
... written on Oct 19 2019Mahathir, the world’s oldest prime minister, appears to have lost his magic touch in running the country, which is burdened with record RM1 trillion debts inherited from the previous corrupt government. Initially praised – even worshipped – for stunningly defeated protégé-turn-nemesis Najib Razak, Mahathir administration has increasingly attracted criticisms. Whether Mr. Mahathir realized it […]
... written on Oct 12 2019
