Government
Some important commodities are being whacked as we enter the month of December. Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum, resulting in the glittering metal tumbled more than 2% at one point to US$1,142.90 per ounce. Copper also fell to as low as $6,230.75, breaching below its March low to hit its […]
... written on Dec 01 2014Mahathir Mohamad told UMNO delegates to be brave and openly criticise PM Najib Razak. But when he was the Malaysian prime minister from 1981 – 2003, anybody who criticised him would be dealt severely. Abdullah Badawi told UMNO delegates to manage the country fairly for the advancement of all races. But do you know that during […]
... written on Nov 28 2014In the land of the blind, the one-eyed man is king. But in the land of the copycats, every iconic brands will be copied. That’s China for you. If you think China-designed Xiaomi was bad enough for ripping off America-designed Apple iPhone, you haven’t seen anything yet. With the exception of sophisticated military hardware, talented […]
... written on Nov 25 2014Najib administration has done the unthinkable – to scrap the fuel subsidy of RON95 petrol and diesel altogether. Starting next month, December, the prices of RON95 petrol and diesel will be based on a managed float system. Note that this is based on “managed” and not “freely” float system. Thus, unlike in U.S. where one […]
... written on Nov 24 2014One of President Barack Obama’s greatest achievements, or rather screw ups, depending on whom you ask, is his latest “Executive Order” which adds 4 million new eligible immigrants, on top of the 1 million young immigrants who became eligible for deferred deportation under Obama’s original 2012 program. As to whether the executive action is unconstitutional […]
... written on Nov 24 2014Despite winning numerous awards earlier, it was the popular “The Hunger Games” film series which catapulted Jennifer Lawrence as the highest-grossing action heroine of all time. The Hunger Games (2012) grossed US$691 million while the second The Hunger Games: Catching Fire (2013) made US$864 million. The third film – The Hunger Games: Mockingjay – Part […]
... written on Nov 21 2014After unveiled its new banknote series, easily the best money ever designed, Norway has unveiled yet another stylish design – passports. Much to the envy of non-Norwegian citizens around the globe, Norway’s National Police Directorate has announced that it’s selected a new “cool and beautiful” design for the nation’s passports, thanks to Oslo-based Neue Design Studio. With the […]
... written on Nov 19 2014A million dollar quiz – which country that allows women to join police force, only if they’re virgin? Nope, it’s not Malaysia or North Korea. The answer is surprisingly – Indonesia. Just when Indonesian women wanted to serve their country and earn a living, the country’s police force raises eyebrows with a pathetic discrimination requirement […]
... written on Nov 18 2014Starting today, anybody can buy China stocks at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each others’ bourses. Called “Stock Connect”, mainland Chinese can now trade shares in Hong Kong for the first time, while foreign investors in Hong Kong are allowed to buy and […]
... written on Nov 17 2014Thanks to United States, the global political and potentially military landscape would change. U.S. outsourcing (to China) business model has made China an economic powerhouse, which could outgrow U.S. itself, given a couple more years. And thanks to lame duck President Barack Obama, who has yet to grow his spine, Russia under Vladimir Putin’s rule […]
... written on Nov 15 2014