Commodities
When Singapore was crowned as the world’s most expensive city for a second year roughly three months ago, there weren’t much fireworks in the sky, at least not to the average Singaporeans. After all, with great title, comes great financial insecurity. Hence it wasn’t hard to understand why the people were feeling the pressure instead. […]
... written on Jun 25 2015When a Chinese food inspector, Zhang Tao, from Hunan province opened the door of a compartment, he nearly threw up due to overwhelming stench from meat which could be as old as 40 years. Amazingly, the food had begun to thaw, suggesting that it was getting readied to be served on dinner tables and consumed […]
... written on Jun 24 2015Mahathir Mohamad is perhaps the luckiest person on planet Earth. Besides being the longest-serving Prime Minister of Malaysia, stretching from 1981 to 2003, he also had the luxury experiencing the country’s currency under attack by speculators during the infamous 1997/98 Asia Financial Crisis. Ten years later, during his retirement, he had the second opportunity to see […]
... written on Jun 12 2015Iron rice bowl is a term Chinese used to refer to an occupation with guaranteed job security, with steady income and perks thrown in. The term is also known as “golden rice bowl”. One of the careers that provide such job security is a job with the government of the day. This was true as […]
... written on Jun 10 2015For more than a decade since the September 11 attacks, Americans have been asking if it was their own government who actually staged the brutal mass murders, or it was sponsored and financed by their so-called best friend half way around the world – Saudi Arabia. Until the secrets are unveiled, the blame is on […]
... written on Jun 06 2015With Russia still struggling after the collapse of oil prices, Putin administration needs to keep his people happy while feeding his expanding military forces. Although the oil prices have recovered ever since, it’s still too far away from the peak of US$110 a barrel. Putin wants his people to forget about the economic problem – […]
... written on May 12 2015By-elections for Rompin and Permatang Pauh have come and gone. As expected, both winners and losers claimed they didn’t lose, literally speaking. Barisan Nasional “Taikors” who retains Rompin seat said the results are positive to them. Pakatan Rakyat “Taikors” who retains Permatang Pauh seat said the results means Malaysian Tsunami is coming. Nobody admits that the results […]
... written on May 09 2015Oil is back!! Oil is going bonkers!! Oil is going through the roof!! West Texas Intermediate (WTI) keeps hitting new high almost everyday since mid-April this year. From the low of US$42 a barrel, it’s now trading at US$60.86 a barrel. That’s roughly 43% rally in less than 2-months. Still, nobody dares to say the […]
... written on May 06 2015Navinder Singh Sarao was a 36-year-old British futures trader, just like any other traders trying to make money. But the Brunel University graduate is now spending his weekend in British jail after failing to up his £5 million (US$7.6 million, RM27.1 million) bail bond. He was arrested this week at the modest suburban semi in […]
... written on Apr 26 2015Low-profile tycoon Syed Mokhtar Al-Bukhary, the man closely tied to Malaysia dominant political party UMNO, and one of many cronies aligned to influential former prime minister Mahathir Mohamad, is offering about 1.5 billion shares in Malakoff Corp, a subsidiary of MMC Corp, in exchange for RM1.80 a share. If fully subscribed, the 1,521,740,000 IPO shares […]
... written on Apr 22 2015
