Commodities
Donald Trump had fought fiercely trying to bring China to its knee. But after close to 3 years since the U.S. president started the trade war in March 2018, the dragon is still standing tall – alive and kicking with a smile. Trump’s famous tweet – “trade wars are good, and easy to win” – […]
... written on Jan 15 2021Last month, China stunningly disqualified four pro-democracy Hong Kong lawmakers from its legislature for not being patriotic enough. Apparently, Beijing passed a resolution allowing the city’s government to bypass the courts and dismiss any politicians deemed a threat to national security. In response, all of the Hong Kong’s opposition lawmakers announced their resignation. Effectively, for […]
... written on Dec 22 2020Aarustralia’s A$14 billion coal industry is expected to be affected with an export ban to China and a terribly upset Prime Minister Scott Morrison said the decision by Beijing would be a “lose-lose” for the environment and trading relationship. Morrison argued – “It really is a lose-lose because coal from other countries, compared to Australian […]
... written on Dec 15 2020Why don’t poor countries just print more money? Likewise, why can’t the central bank print money and give the free cash to the people who have become jobless or under-employed due to Covid-19 pandemic? Those are excellent questions – if came from a curious kid. But coming from a deputy minister, it could only mean […]
... written on Nov 21 2020Australia was hoping that by signing the China-backed Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, it will automatically fix, or at least improve the country’s strained relations with China. If only it was so easy. It would take more than an insignificant deal like RCEP, of which the direct economic benefits are limited, to […]
... written on Nov 19 2020Australia’s economy, already plunged into recession in September – its first recession in 30 years since 1991 – continues to register bad news. And it has nothing to do with Covid-19 pandemic. Rather, it’s a self-inflicted economic backlash after Canberra deliberately campaigned for an international inquiry into the origins of the Coronavirus in April which […]
... written on Nov 04 2020Crude oil prices dropped below zero for the first time in history on April 20, 2020. Many were scratching their head in disbelief as the U.S. oil prices turned negative. Others were amused as they watched the deepest fall in demand for the “black gold” in 25 years. It’s not everyday you get to watch crude […]
... written on Nov 02 2020Australia’s economy officially plunged into recession in September after it registered two consecutive quarters of negative growth. Its GDP (gross domestic product) shrank 7% in the April-to-June quarter compared to the previous three months. Not only this is Australia’s first recession in nearly 30 years (since 1991), but also the deepest since the Great Depression […]
... written on Oct 17 2020The name Zhong Shanshan rarely rings a bell in mainland China, let alone in the world. But when Jack Ma is mentioned, almost everyone knows the billionaire who founded Alibaba. Others like Tencent founder Pony Ma is also a recognizable name. But as of Wednesday, Jack Ma was no longer the wealthiest man in China. […]
... written on Sep 25 2020There are several avenues on how you can grow your money. For instance, you can save funds in a bank wherein your money will earn a meager amount, but you can use this as your emergency fund. There is also the option for you to get life insurance wherein your money will not only grow, […]
... written on Sep 22 2020
