Crisis
Oil prices’ free fall has temporarily stopped – after Saudi Arabia hinted that the OPEC cartel would let its production cut stays for a while. Nevertheless, there has been chaos and panic among oil producing countries in recent days. In just 3 days (Thursday to Monday), the crude oil plunged from above US$70 to below […]
... written on Jun 04 2019When Donald Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports in March last year, the U.S. president hadn’t a clue that some dirty business would hit back the Americans. He has been whining and bitching about China’s “unfair” trading practices, intellectual property theft and whatnot. The U.S. has […]
... written on May 29 2019The next time you exit from your condominium, take a look at the CCTV surveillance camera installed. Chances are the brand is “Hikvision”, the world’s largest supplier of video surveillance products based in Hangzhou, China. Founded in 2001, the company has its presence in a staggering 155 countries worldwide. Hikvision’s net profits in 2018 […]
... written on May 28 2019Former general Prabowo Subianto lost to Joko Widodo in the 2014 Indonesian presidential election, capturing only 46.85% popular vote. President “Jokowi” Joko Widodo won more than 8 million votes. This year, Mr. Prabowo again tried his luck. The voter turnout – 81.93% – the highest in Indonesian presidential electoral history, saw Jokowi slaughtered Prabowo again […]
... written on May 23 2019In what appears to be a hit below the belt and a coordinate attacks against China in the second phase of a trade war between the Middle Kingdom and the U.S., Trump has banned Huawei. The U.S. president’s executive order effectively prohibits U.S. companies from selling semiconductors to (or buying technological equipment from) the China’s […]
... written on May 21 2019Stocks dropped like a rock on Monday after China made good on its promise to retaliate – raising taxes on U.S. goods, largely agricultural products. The tariff increase to 25% from 10% on US$60 billion worth of U.S. goods, although smaller in value as compared to Trump’s US$200 billion, was enough to cause damage to […]
... written on May 14 2019We hope we don’t have to write an article entitled – “Congrats Mahathir, Suicide Bombers Inspired by Zakir Naik Wrecks Havoc in Malaysia.” And we certainly hope the U.S. will not slap Malaysia as “High-Risk” country for American travellers due to widespread terrorist attacks. The last things PM Mahathir can afford are foreign investors and […]
... written on May 14 2019Don’t underestimate the power of Trump’s tweets. The U.S. president has shown how the world superpower can destroy the world, or global stock markets to be precise, without launching nuclear missiles. His 102-word tweets erased close to US$2 trillion of the equity markets worldwide after indicating he will hike duties on US$200 billion worth of […]
... written on May 12 2019Stock markets across the world were flabbergasted by President Donald Trump’s tweets on Sunday. Known as the most powerful man on the planet, largely due to the U.S. military power, the post of the U.S. president has brought a new meaning under Trump administration. The U.S. president could easily bring down global stock markets from […]
... written on May 10 2019Johor Crown Prince Tunku Ismail Sultan Ibrahim should have kept his mouth shut and let the 93-year-old Mahathir completes his premiership. It would be easier to intimidate PM-in-waiting Anwar Ibrahim than PM Mahathir Mohamad, the old political “war horse”. The junior should know that the old man thrives when challenged, especially from the monarchy. […]
... written on May 07 2019
