Commodities
Since Donald Trump launched his trade war in 2018 against China, there has been concern in the West that the Chinese government would retaliate. In the second phase of the trade war, the U.S. president banned Huawei with an executive order prohibiting U.S. companies from selling semiconductors to (or buying technological equipment from) the China’s […]
... written on Jul 05 2023Inflation is a topic that has been making headlines recently, and its effects have spread across various industries, including home building. Inflation has affected construction companies’ profit margins and overall operations. This article examines how inflation prices impact home builders and how they navigate this economic landscape. Increased Material Costs Home construction relies on […]
... written on Jul 03 2023Ringgit has been dropping like a rock since February this year, depreciating from RM4.24 to RM4.69 against the U.S. dollar. If it breaks the RM4.75 level recorded in November 2022 under the previous backdoor government of Ismail Sabri, all hell will break loose. The currency made a stunning recovery from RM4.75 to RM4.24 after Anwar […]
... written on Jun 27 2023As investors progress in age, investment options tend to be more cautious, emphasizing protecting the wealth accumulated to that point. It’s not only relevant to living comfortably through retirement years but also providing for heirs when you’re gone. Many low-risk investment opportunities are available to seniors, with one, in particular, being gold IRAs. The unique […]
... written on Jun 13 2023Some 5 years ago, President Donald Trump launched a trade war with China. The goal was to decouple the U.S. economy from China. In 2020, with the U.S. presidential election approaching, Trump again raised the idea of separating the American and Chinese economies. In both 2016 and 2020 campaigns, China became the easy punching bag […]
... written on Jun 02 2023The oil industry presents vast opportunities for traders who possess a deep understanding of market conditions and employ effective strategies. Let’s delve into important aspects of oil trading, including various types of this valuable resource, factors influencing prices, trading strategies, risk management rules, and examples of how to apply them. Types of Oil International […]
... written on May 30 2023Germany officially plunged into recession during the first three months of the year. The Europe’s largest economy contracted by 0.3% in the first quarter of 2023 after it suffered a decline of 0.5% in the fourth quarter of 2022. A recession is defined as two consecutive quarters of contraction, therefore, the German economy has entered […]
... written on May 29 2023You can only push someone so far for so long before he fights back. For the last couple of years, the U.S. has been aggressively trying to stop the rise of the red dragon – from trade war to tech war, and from blacklisting Chinese technology giant like Huawei to forcing South Korea, Japan, Taiwan […]
... written on May 22 2023Long before BYD – “Build Your Dream” – produced Seagull, the cheapest EV (electric vehicle) at just US$11,000 (£8,855; RM48,813), China has been churning out thousands of chemists and engineers to do research on future batteries. Deep in the country’s interior, Central South University produces graduates in advance technology, despite the perception that China was […]
... written on May 11 2023Biden’s game to cripple the Chinese semiconductor industry was simple – prevents China from getting the world’s most advanced chips. At the same time, he signed an executive order last August to boost the U.S. competitiveness with a whopping US$52.7 billion subsidy in semiconductor manufacturing and research. The goal was to kill China without killing […]
... written on May 09 2023
