Currencies
Iron 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 2015Are you running Windows 7 or Windows 8 or Windows 8.1 now? If you are, then get ready to upgrade it to Windows 10 – FREE. The Windows 10 will be launched by July 29th 2015. That’s roughly about 8-weeks away. Microsoft (NYSE: Stock, MSFT) has confirmed that its latest operating system will be released […]
... written on Jun 04 2015Up to today, many still think that HSBC is actually a bank which is Chinese-owned, Hong Kong-based, located and headquartered in the small but prosperous financial city. After all, HSBC refers to “HongKong and Shanghai Banking Corporation”. Well, it’s HQ was based in Hong Kong until 1993 before the bank decided to abandon Hong Kong […]
... written on May 20 2015What do these big names have in common – Dato Dr Warren Eu, Lt. General Athiwat Soonpan, Datuk Raymond Chan Boon Siew, Datuk Daniel Tay, Dato Nazifuddin (second son of Prime Minister Najib Razak)? They’re all involved in uFun Group (directly or indirectly), a supposedly superbly successful company with more than 10 offices worldwide and members […]
... written on May 15 2015Cash is King, goes the powerful saying, which is still true today. Soon, we may enter a new dimension, whereby money in terms of cash will be made “illegal”. Here’s why cash is horrible – it’s dirty because a U.S. study found 3,000 types of bacteria on bank notes. Cash is easily torn, not to […]
... written on May 14 2015Federal Reserve Chair Janet Yellen should just resign and let others take over the position. It seems she couldn’t stomach the pressure that comes with one of the most powerful jobs in the world. Is she an equally great liar and a lame duck, just like empty vessel President Obama, who nominated her? Otherwise how […]
... written on Mar 19 2015You thought it only get mentioned in James Bond films, where the super bad guys promised to destroy the world (they always do, don’t they?) unless the US or UK government pay them hundreds of millions or even billions of dollars to some offshore Swiss banks. It made you think how come the bad people […]
... written on Feb 09 2015The last four days were excited, and if you eat, drink, sleep and breathe crude oil, we bet you must have thought the oil crisis was over. You must have thought that since the oil prices rebounced a whopping 19% in the four days, the market had found its bottom. Guess what, after the oil […]
... written on Feb 05 2015Swiss-made watches have become more expensive over night. Swatch watch group which sells brands such as Omega, Tissot, Longiness and Calvin Klein was trembling at the sudden change of event. So did Richemont, which owns Cartier, Chloé and Montblanc. Shares of Swatch Group tumbled 15% while Richemont was down 14%. If you happen to collect […]
... written on Jan 18 2015Is Russian economic meltdown merely a domestic problem? Does it affect other countries as well? Obviously it does, judging by data from Dubai, a popular tourist destination for Russians. According to Dubai Airports, passenger traffic related to Russia plunged 18.2% from a year earlier in November. Cargo volume through Dubai International also dropped 8% from a year earlier in the same […]
... written on Dec 31 2014