Finance and Economy
Planning for a holiday in Italy for the first time? Then you should be aware that city such as Rome is one of European top cities where you are most likely to be pick-pocketed. That would be the first advice your tour guide tells you. Believe it or not, thieves in Italy have more rights […]
... written on Jul 04 2017In yet another proof that job security doesn’t exist anymore, tech giant Microsoft is planning to lay off thousands of employees – worldwide. Despite earning US$23.56 in revenue and net profit of US$5.7 billion for the quarter ended March 31, 2017, Microsoft would not think twice about retrenching its employees, if that would bring more […]
... written on Jul 04 2017We understood why the U.S. Democratic Party loves “illegal immigrants” so much. The Democrats, also known as the liberals or left-wingers, would simply collapse without immigrants’ votes. Democrats prefer to call them “undocumented immigrant” instead. A latest estimation shows 11.1-milion illegal immigrants reside in the U.S. – roughly 3.5% of America total population. By […]
... written on Jul 03 2017Najib son of Razak will soon learn a painful lesson. The Malaysian prime minister will learn the real meaning of “a bird in hand is worth two in the bush”. He should have had honoured the deal that his administration made with IWC-CREC (Iskandar Waterfront Holdings-China Railway Engineering Corp) consortium and let the 1MDB scandal […]
... written on Jun 25 2017Acting as a Saudi Arabia’s middleman, Kuwait has presented a 13-point list to Qatar in order to end the diplomatic crisis. But the demands are insanely extreme that if Qatar agrees, it would be as good as surrendering the small kingdom’s sovereignty to the big bully Saudi. Perhaps that’s what Saudi tries to do – […]
... written on Jun 23 2017Forbes has just released its compilation of the richest person in every state of the United States of America. The U.S. has more billionaires than any other country in the world, at least that was what Forbes claims. China would, of course, dispute this claim as a different study showed the Middle Kingdom of China […]
... written on Jun 22 2017As predicted by technical charts, oil is toast, as the crude sank more than 2% on Tuesday. West Texas Intermediate (WTI) crude oil futures ended Tuesday’s session at US$43.23, down 97 cents, the weakest settlement since Sept. 16. At US$43 a barrel, that would be its 9-month closing low, not to mention the lowest of the year […]
... written on Jun 21 2017With the price of West Texas Intermediate (WTI) crude trading at below US$45 a barrel, OPEC has gone bonkers all over the Middle East. That’s because the oil is less than two bucks away from US$42, a very critical support level. The commodity had tried breaching that level slightly more than a month ago on […]
... written on Jun 15 2017For the fifth year running, Singapore’s Changi Airport has emerged as the world’s best airport. The Changi has been so good in winning the crown that none of its neighbours in the Southeast Asian (ASEAN) region could give the Singapore airport a run for its money. The nearest competitor – Kuala Lumpur International Airport (KLIA) […]
... written on Jun 14 2017American drivers are set to reap unexpected savings for the summer vacation – cheaper gas. On Wednesday, oil made a huge plunge after a report indicated that supply was outpacing demand. The price of West Texas Intermediate (WTI) crude, considered the U.S. benchmark, fell 5%, or US$2.47 a barrel, to US$45.72, mirroring a similar plunge […]
... written on Jun 08 2017
