Investing & Trading
Artificial Intelligence (AI) chip maker Nvidia has been minting tonnes of millionaires among its 30,000 employees. The nearly US$3 trillion company generated US$27 billion in revenue in its fiscal 2023. Then, something spectacular happened. Nvidia revenue for the 12 months ending July 31, 2024 skyrocketed to US$96.31 billion – a 194.69% increase year-over-year. The […]
... written on Sep 06 2024Even if you’re not a gamer, you would have heard of the international success of China’s first “Triple-A” game called “Black Myth: Wukong”, an action RPG developed by Chinese studio Game Science. It was so successful that it has sold a jaw-dropping 10 million copies in just 3 days – and made a cool US$600 […]
... written on Aug 27 2024Japan’s Nikkei lost a staggering 4,451 points on Monday (August 5) – the biggest drop in history. That’s more than 12%, dragging the country’s stock market losses to 25% since early July. The biggest one-day drop means the index is entering the bear market. It instantly brings back the memory of “Black Monday” in October 1987, […]
... written on Aug 06 2024Western nations are absolutely terrified at the increasing prospect of Donald Trump’s return to the White House, especially after Joe Biden ended his re-election bid and Kamala Harris is endorsed as his replacement. If the co-producer of TV series “The Apprentice” wins in November, all hell will break loose again. That’s because Trump regards U.S. […]
... written on Jul 29 2024Cybersecurity giant CrowdStrike was supposed to release a software update – a routine patch – to its “vulnerability scanner” Falcon Sensor on July 19, 2024. Instead, the American technology company unleashed digital chaos across the planet Earth. Within hours, flaws in the update caused Windows-based systems worldwide crashed, displaying the infamous BSOD – “blue screen of […]
... written on Jul 22 2024Dunia dagangan telah mengalami perubahan besar dalam beberapa dekad terakhir, berkat kemajuan teknologi dan peningkatan penggunaan platform dagangan dalam talian. Di Malaysia, peningkatan ini ditandai dengan peningkatan penyertaan runcit, produk dagangan yang canggih, dan pelbagai broker yang memenuhi keperluan dagangan yang berbeza. Sama ada anda adalah pedagang berpengalaman atau baru bermula, memilih broker yang tepat […]
... written on Jul 19 2024Since the price of gold broke the US$2,300 level for the first time in April this year, it has met with resistance after hitting US$2,450 an ounce. The commodity is now trading between the support level of US$2,300 and resistance level of US$2,400. The spectacular climb was due to not only geopolitical crises – in […]
... written on Jun 27 2024BlackRock was founded in 1988 by Laurence Fink, Robert Kapito and Susan Wagner. An American multinational investment company which does not discriminate, it invests in everything under the Sun that makes money – from fossil fuels to Chinese People’s Liberation Army. It does not care about climate change or gun violence, let alone human rights […]
... written on Jun 23 2024China has been Malaysia’s crucial partner since 2009, with total trade last year hitting RM450.84 billion (US$95.65 billion). Although trade with China fell by 7.3% in 2023, China continued to be Malaysia’s largest trading partner for 15 consecutive years, commanding 17.1% share of Malaysia’s total trade. In comparison, the U.S.-Malaysia commerce declined by 6.5% to […]
... written on Jun 20 2024Once considered a luxury, bicycles were introduced in China about 150 years ago. But after a bicycle-manufacturing factory was set up in Tianjin in 1936, it quickly grew to meet the increasing demand. At one time, China was known as the “kingdom of bicycles” because it had a mind-boggling 670 million bicycles – the largest […]
... written on Jun 08 2024
