Finance and Economy
Facing the inevitable, Hong Kong’s Cathay Pacific Airways has finally executed the last thing every employee wants – retrenchment. Close to 600 jobs, its biggest in 20 years, are to be cut thanks to a combination of complacency, arrogance and mismanagement. Under the excuse of “challenging business environment”, the airline announced the humiliating restructuring. […]
... written on May 22 2017Najib son of Razak was on a critical mission. He has flown 6,347-km from Kuala Lumpur to Riyadh to rub shoulders with King Salman again, and hopefully could take a “selfie”, his favourite past time, with U.S. President Donald Trump. He has been spending millions of top US dollars for an audience with Trump, but […]
... written on May 22 2017First Lady Melania Trump descended from Air Force One in Saudi Arabia on Saturday morning, without wearing a headscarf. But despite her beauty, she wasn’t the superstar of the day. The celebrity of the day was her husband – President Donald Trump. Before the Air Force One touched down in Riyadh at about 10 a.m. local […]
... written on May 21 2017Liberals and Muslims around the world must be scratching their heads, wondering if they had been taken for a fool all along. Trump’s anti-Islam speeches were breathtaking. Trump’s hatred against Muslims was legendary. Trump happily spoke against radical Islamic terrorist – three magic words – that neither Barack Obama nor Hillary Clinton dared to touch. […]
... written on May 19 2017Donald Trump was (and is still) a businessman. And he’s running the White House like a business corporation – hiring and firing – as if he’s still running “The Apprentice” TV shows. Until recently, the stock markets were booming with Trump’s business-friendly policies, more so after he proposed to cut corporate tax rate to 15% […]
... written on May 18 2017Bill Gates, the Microsoft co-founder and the world’s richest man, never got a college degree. Not that he cares, but getting a degree wasn’t his priority when most students would be fighting tooth and nail to get into Harvard. He met fellow student Steve Ballmer at Harvard. Unlike Ballmer who stayed and graduated, Gates left […]
... written on May 17 2017State leaders of almost 30 countries – including Russian President Vladimir Putin and delegates from more than 100 countries – have agreed to work together to build roads, railways, ports and other key infrastructure in one of the world’s biggest economic project led by China. Representatives from United States and North Korea were also present. […]
... written on May 16 2017Oil has recovered slightly after the black gold hit US$44 a barrel last week – the lowest since August 2016. The sudden plunge on 5th May, however, had momentarily thrown OPEC into disarray and chaos. Saudi energy minister Khalid Al-Falih was forced to calm the market with an early warning that it is almost a […]
... written on May 13 2017Donald Trump was frustrated not only because China was manipulating their currency so that Americans buy more cheaper Chinese products, but also because billions of US dollar earned by such unfair trade are being used to purchase American companies. While the Yankees had invaded China as part of Eight-Nation Alliance in 1900, the Chinese is […]
... written on May 12 2017With great military power comes great responsibility. To the United States, however, aggression and responsibility are two interchangeable words used to suit their interests. When the U.S. Navy’s Carrier Strike Group 1 (CSG1) was sent to the South China Sea, China screamed that it was a challenge to its “sovereignty and security” but the U.S. […]
... written on May 09 2017
