Finance and Economy
Financial managements deal with tons of money management strategies. Some of the companies that involve financial management are credit card companies, credit unions, banks, brokerage, consumer finance, insurance suppliers, and investment funds. These financial service companies are regularly audited and regulated. Financial Services also produce market reports that are very helpful in the research industry. […]
... written on May 21 2019In what appears to be a hit below the belt and a coordinate attacks against China in the second phase of a trade war between the Middle Kingdom and the U.S., Trump has banned Huawei. The U.S. president’s executive order effectively prohibits U.S. companies from selling semiconductors to (or buying technological equipment from) the China’s […]
... written on May 21 2019Some 87% of Americans don’t consider themselves rich (or poor), despite making at least US$90,000 a year. The survey done by YouGov essentially means people would only start to consider themselves “rich” when they make at least US$90,000 (£70,560; RM375,800) annually. In general, people earning US$90,000 feel they exist in the middle zone. However, […]
... written on May 17 2019Stocks dropped like a rock on Monday after China made good on its promise to retaliate – raising taxes on U.S. goods, largely agricultural products. The tariff increase to 25% from 10% on US$60 billion worth of U.S. goods, although smaller in value as compared to Trump’s US$200 billion, was enough to cause damage to […]
... written on May 14 2019Don’t underestimate the power of Trump’s tweets. The U.S. president has shown how the world superpower can destroy the world, or global stock markets to be precise, without launching nuclear missiles. His 102-word tweets erased close to US$2 trillion of the equity markets worldwide after indicating he will hike duties on US$200 billion worth of […]
... written on May 12 2019Stock markets across the world were flabbergasted by President Donald Trump’s tweets on Sunday. Known as the most powerful man on the planet, largely due to the U.S. military power, the post of the U.S. president has brought a new meaning under Trump administration. The U.S. president could easily bring down global stock markets from […]
... written on May 10 2019Huawei’s CFO (Chief Financial Officer), Sabrina Meng Wanzhou, appears to be preparing for a long legal fight against extradition to the United States. The princess of Huawei is ready to move from her C$5 million (US$3.7 million; £2.8 million; RM15.4 million) six-bedroom house to her newly renovated C$13 million (US$9.6 million; £7.4 million; RM40 million) […]
... written on May 10 2019How much do you think coffee house Starbucks is willing to pay for an advertisement worth a staggering US$2.3 billion? Fortunately to the Seattle-based coffee company that operates over 30,000 chains worldwide, it was free advertising over the last few days – thanks to “The Last of the Starks” – the fourth episode of “Game […]
... written on May 08 2019Johor Crown Prince Tunku Ismail Sultan Ibrahim should have kept his mouth shut and let the 93-year-old Mahathir completes his premiership. It would be easier to intimidate PM-in-waiting Anwar Ibrahim than PM Mahathir Mohamad, the old political “war horse”. The junior should know that the old man thrives when challenged, especially from the monarchy. […]
... written on May 07 2019The American stock market has been enjoying its bull run, the longest on record, as the risk of recession begins to dissipate. Investors were relieved that the US-China trade war was about to end – until today. The U.S. market benchmark index – S&P 500 – has gained about 309% since bottoming out at 676.53 […]
... written on May 06 2019
