Finance and Economy
Stock market plunged more than 300 points after it shows that the existing US-China trade war has become worse. In the run-up to high-level trade talks in Washington this week, relations have deteriorated between the world’s two-largest economies. Unlike in the past, it appears both Beijing and Washington were serious about going for each other’s throats. […]
... written on Oct 09 2019If Mahathir unilaterally brings back the GST (Goods and Services Tax), it will be the clearest confirmation that the new government of Pakatan Harapan (PH) under his leadership is the world’s greatest “U-Turn Government”. And they will suffer the same defeat – guaranteed – in the next general election the same way the old government […]
... written on Oct 04 2019On the same day China shows off military might at the 70th anniversary parade, the United States stock market fell by nearly 350 points. On Tuesday (Oct 1), the Dow Jones Industrial Average (DJIA) finished lower – losing 343.7 points. But it had little to do with the Chinese revealing its nuclear ballistic missiles that […]
... written on Oct 02 2019On Feb 21, President Donald Trump unleashed a tweet – “I want 5G, and even 6G, technology in the United States as soon as possible. It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind. There is no reason that we should […]
... written on Sep 26 2019On Sunday night (Sept 22), Thomas Cook suddenly collapsed, leaving 600,000 tourists stranded abroad and putting 21,000 jobs at risk. The 178-year-old British tour operator has issued a statement on Monday (Sept 23), saying that its board “concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect” […]
... written on Sep 24 2019Most of the stocks had great earnings in 2019, but not the following ones. When the first-quarter of the earnings season ended, the results were great for many companies. But for some it was a weak period in terms of cash. More than 50% of the organisations in the S&P 500 reported earnings, and 75% […]
... written on Sep 20 2019When Malaysian Prime Minister Mahathir Mohamad meets his Indian counterpart, Narendra Modi, in Russia on Sept 5 ahead of a 3-day Eastern Economic Summit, everyone was wondering if Mr. Modi will raise the issue of Zakir Naik, the controversial Indian Islamic preacher accused of spreading hate speech, laundering money, and funding terrorism by the Indian […]
... written on Sep 19 2019The war between China and the U.S. consists of 2 battlefronts – the trade war and the tech war. The trade war is Trump’s attempt to put an end to intellectual property (IP) thefts and forced technology transfers, not to mention to eliminate the barriers to American companies competing in China, all of which the […]
... written on Sep 13 2019Forget problem-plagued Boeing 737 MAX. It doesn’t look like the “fastest-selling“ airplane in Boeing history would be able to make it to the sky by the end of the year. Even if the Federal Aviation Administration (FAA), the agency that oversees American airspace, gives the green light for the aircraft to take off, most would still be sceptical […]
... written on Sep 12 2019Silly Mahathir has spoken again. The 94-year-old Prime Minister of Malaysia has again mocked and insulted his own community – ethnic Malays – for being lazy (*yawn*). Yes, it’s quite silly repeating the mantra again and again about a disease which he knew how to cure but refuses to prescribe. If he cures the disease, […]
... written on Sep 08 2019
