Commodities
Australia’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 2020The announcement that about 1.2 million innocent consumers would need to wait for a minimum 4 days before a water supply resume have left many frustrated – and tempers were flaring up on the social media. The water disruption, which began on Sept 3, affected 1,292 areas in Kuala Lumpur, Petaling, Klang, Shah Alam, Kuala […]
... written on Sep 06 2020On Tuesday (August 18), the S&P 500 closed at a record 3,389.78 points – higher than the previous record of 3,386.15 recorded on February 19, 2020. The benchmark plunged from the Feb’s all-time high to a low of 2,237.40 on March 23, effectively losing 33.9% thanks to the Coronavirus pandemic. It entered a bear market […]
... written on Aug 19 2020As early as August 2017, some 9 months before the May 2018 General Election which saw the stunning defeat of the Barisan Nasional government for the first time in 61 years, then-Opposition Warisan party led by Shafie Apdal promised to abolish “Sabah Communal Land Title” – if they win the election in Sabah. But then-Chief […]
... written on Aug 14 2020The DAX is continuing to rebound in the wake of the economic destruction cased by the spread of the COVID-19 Pandemic. Strong monetary policy from the European Central bank in conjunction with robust fiscal policy has buoyed riskier assets. Since declining by 40% in March, the DAX has rebounded slightly more than 51%, and is […]
... written on Jul 24 2020Vietnam’s first case of Covid-19 appeared on January 23, 2020. As of July 7, the country had 369 confirmed cases, but with zero deaths. Yes, the country of 97-million people has not reported a single Coronavirus-related death. On top of that, the success story also included 81 straight days of zero local transmission, despite its long border with China. When […]
... written on Jul 09 2020After waiting for decades, Malaysian Islamic Party (PAS – Parti Islam Se-Malaysia) returns to the federal government, albeit not through the ballot-box but rather through the backdoor. Together with Barisan Nasional (BN), who unexpectedly lost power in the 2018 General Election, PAS is now part of Perikatan Nasional coalition formed by traitor Muhyiddin Yassin. PAS was […]
... written on Jul 06 2020Stocks drop 730 points on Friday, and the Dow Jones has every reason to be spooked. There were 45,255 new Covid-19 cases reported across the nation on Friday, bringing the total to more than 2.5 million cases, according to Johns Hopkins University data. Compared to the previous week, the average new cases as of Friday […]
... written on Jun 29 2020
