Finance and Economy
November 11 is China Singles’ Day or simply Bachelors’ Day. This day is, of course, different from Bachelor Night where a party is held for a man shortly before he enters marriage. Since it’s supposed to celebrate his “last night of freedom”, normally the man would do “naughty stuffs” together with his male friends (*grin*), […]
... written on Nov 14 2014Five giant banks and US$3.3 billion – that’s how many players and the amount of penalty the global regulators are slapping them. In a latest financial scandal – British, American and Swiss regulators have found HSBC, Royal Bank of Scotland (R.B.S.), JPMorgan Chase, Citigroup and UBS guilty of manipulating the foreign currency markets. At stake […]
... written on Nov 12 2014Forget about Google’s search engine or driverless car projects. The company might have bigger secretive projects that could leapfrog mankind from the World Wide Web to the next quantum leap – space exploration and robotics. If “Terminator” robots take over the world soon, blame it on Google. Of course, after watching how Skynet became self-aware […]
... written on Nov 11 2014Yesterday, we wrote about the happy and sad consequences as a result of US dollar bull run. Americans are cheering a stronger dollar for a simple reason that their purchasing power will be higher. It will cost them lesser for a vacation in Paris or Bangkok, for example. Since Americans don’t believe in saving, they […]
... written on Nov 05 2014Forget about Islamic State militants, tumbling oil prices, China’s weakening economy, Japan’s recession, Germany’s slowing economic data and whatnot. There’s a new problem which will affect every single country on planet Earth. The US dollar has surged to a four-year high against a basket of currencies, breaching key technical resistance. The index – a mix […]
... written on Nov 04 2014After Scotland failed to get its independence, Britain prime minister David Cameron was relieved that his job is secured, at least for now. But his real problem is UKIP – UK Independence Party – the rising star that almost every Briton calls the real patriotic party worth voting for. Basically, the country has gone to […]
... written on Nov 03 2014The Government of Hungary was trying to do something unthinkable to its netizens. And it could be the first implementation in the world and the World Wide Web. But it was so outrages that almost every government doesn’t agree with it. As a result, tens of thousands of Hungarians (Reuters put the figures at 100,000) […]
... written on Oct 29 2014When China started its crackdown on Hong Kong pro-democracy protesters, it did not only challenge the “One Country Two Systems” promised in 1997, but also the stands of hundreds of celebrities on the island. Unlike decades ago where movie stars and celebrities relied solely on the island’s 7 million population, nowadays it’s China’s 1.3 billion […]
... written on Oct 29 2014The Chinese are known to be skillful businessmen. They love money the most, on top of family and education for kids. But the Chinese’s presence are all over the globe, thanks to thousands of years of migration. So from which part of the world can we find the top Chinese businessmen? You don’t have to […]
... written on Oct 26 2014There’s a new bank established to rival the World Bank, but it was boycotted by the world superpower United States and its supporters. The new leader who will control this new “supposedly” Asia bank is none other than China, the emerging biggest economic powerhouse that will give United States a run for their money. And the new […]
... written on Oct 25 2014
