Finance and Economy
The U.S. Senate took a dramatic step on Thursday, moving to block U.S. involvement in the Saudi war in Yemen and sending a powerful message to Riyadh – the US-Saudi relationship is on the rocks. For Crown Prince Mohammed bin Salman, life goes on as usual as he can’t bring the dead back to life, […]
... written on Dec 02 2018What do these 21 states – Texas, Alabama, Arizona, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, New Mexico, New York, Ohio, Oklahoma, South Carolina, Tennessee and Virginia – have in common? They have joined the US$1.99 club – where at least 1 station sells fuel at less than two bucks a […]
... written on Nov 30 2018When Beijing mouthpiece People’s Daily released a list of people that the Central Committee of the Communist Party of China (CPC) plans to award, it raises billions of eyebrows. There were names like Yao Ming, a retired professional basketball player, and Lang Ping, a former Chinese volleyball player and the current head coach of China […]
... written on Nov 28 2018As President Donald Trump embarks on a record sale of Treasury bills, notes and bonds to pay for its big tax cuts and spending, the United States hopes foreign buyers would scramble to get a chunk of American I.O.U. papers. Sadly, foreign investors appear to give a pass on the U.S. debt securities. And this […]
... written on Nov 28 2018Taiwan-China relations flourished when the KMT (Kuomintang) ruled Taiwan from 2008 to 2016. Interestingly, the Kuomintang was the same ruling party in mainland China until 1949, when it lost the Chinese Civil War to the rival Communist Party. But under Taiwan’s then-president Ma Ying-Jeou, Taiwan enjoyed a friendly relationship with Chinese President Xi Jinping. The relations between […]
... written on Nov 26 2018Carlos Ghosn has been considered the hero of the Japanese automotive industry for the last 20 years. After successfully restructuring Renault through a cost-cutting plan in 1998-2000, he earned the nickname “Le Cost Killer.” His radical restructuring of the Renault – reducing workforce, revising production processes and pushing for new models – successfully contributed to […]
... written on Nov 23 2018Trump Willing To Give Saudi Crown Prince A Free Pass On Khashoggi’s Murder – In Exchange For Rewards
Donald Trump appears willing to give a brutal murderer a free pass, because his administration has everything to gain by pretending that Crown Prince Mohammed bin Salman wasn’t involved at all in the gruesome murder of Saudi journalist Jamal Khashoggi. From the beginning, the U.S. president has made it known that he isn’t a fan […]
... written on Nov 22 2018After a record 12-session consecutive declines, oil prices finally finished higher on Wednesday last week. But it could only crawl up for 3 days before giving up. That’s not a very convincing bull after the black gold plunged about 25% since early October, essentially entering the bullish market. The commodity won’t enter a bull market until […]
... written on Nov 20 2018Sorry Folks, None Of Goldman Sachs Bankers Will Go To Jail – They’re Untouchable White Collar Crooks
Attending the 33rd ASEAN Summit, Mahathir Mohamad, the world’s oldest prime minister has been having fun condemning everyone he does not like – including Myanmar’s Aung San Suu Kyi and US President Donald Trump. But the biggest culprit the 93-year-old Prime Minister of Malaysia has criticised was the 149-year-old bank Goldman Sachs. He said bankers […]
... written on Nov 14 2018For as long as one can remember, the previous Barisan Nasional government didn’t care if smart people decided to pack their bags. There were at least 10,000 Malaysians of various ethnic background migrated to Australia in 2016. In June 2014, there were already a staggering 154,000 Malaysia-born in Australia. But Australia wasn’t the only attraction […]
... written on Nov 13 2018
