Finance and Economy
George Soros, arguably the most outspoken liberal billionaire financier, went berserk at the world’s financial elite gathering in Davos, Switzerland. Speaking at the World Economic Forum this week, the man who broke the Bank of England in 1992 has raised concerns over not only economic meltdown, but also has warned the possibility of an end […]
... written on May 28 2022Have you noticed the size of fried chicken at Kentucky Fried Chicken is smaller than usual? That’s because the chicken shortage has forced the poor birds to be slaughtered earlier in order to meet the local demand. Yes, Malaysia is currently facing the food crisis, and chicken is the latest candidate of food shortage that […]
... written on May 25 2022There are a lot of things that you need to consider if you are looking to start a career as an accountant. This is a fulfilling and interesting career path for many people, but there are a lot of things that you need to make sure you get right if you want to be a […]
... written on May 24 2022If you’re someone who has a knack for math, data, and statistics, you might be the perfect candidate for a degree in finance. A finance degree is actually one of the most useful degrees you could have. Not only does it help you hone your current financial skills, you’ll learn brand new things that can […]
... written on May 24 2022Following Donald Trump’s footstep is his best friend, Scott Morrison. The Australian prime minister has just lost power, as expected, after Aussie voters decided he had done enough damage to the country. At the eleventh hour, the desperate Scotty admitted he was a bit of a “bulldozer”, but his drama was enough to convince the […]
... written on May 23 2022Dow Jones dropped 1,164.52 points on Wednesday (May 18) – the biggest drop since June 2020. In fact, at 31,490.07, the DJIA saw the lowest close since March 2021. Likewise, the S&P 500 plunged to its lowest drop since June 2020. The fact that this is the fifth Dow decline of more than 800 points […]
... written on May 19 2022Joe Biden hosted ASEAN leaders in Washington last week for a special summit to commemorate 45 years of US-ASEAN ties. The Association of Southeast Asian Nations, founded in August 1967 and consisting of 10 nations, is an important political and economic union in the region as it covers a population of 660 million with a […]
... written on May 18 2022America is facing crises. The land of freedom just saw a “racially motivated” mass shooting at Buffalo supermarket, where a white man went on a shooting spree against the black people. The American Dream also saw how more than US$7 trillion in market value of the blue chip stocks in the S&P 500 has been wiped out […]
... written on May 16 2022Crude oil hit more than US$130 a barrel after Russia launched its so-called special military operation in Ukraine. But crude oil was not the only commodity which skyrockets after the invasion. Sunflower oil, the world’s third most traded vegetable oil after palm and soybean oil, also hit the roof. Worse, Ukraine and Russia accounts for […]
... written on May 14 2022As expected, Bank Negara Malaysia (Central Bank of Malaysia) has finally raised its benchmark interest rate by 25 basis points today (May 11). With the increase, the first since the rate reached a record low of 1.75% in July 2020, the effective OPR (overnight policy rate) is now 2.00%. However, at the same time, the […]
... written on May 11 2022