×
Menu
Search

Investing & Trading

Facebook Slapped With $5 Billion Fine – But It’s Such A Joke That The Stock Jumped & Everyone Laughs

After months of investigation following Facebook’s 2018 Cambridge Analytica scandal, the Federal Trade Commission (FTC) decided to slap the company with US$5 billion (£4 billion; RM20.5 billion) fine – the largest ever imposed by the FTC against a tech company. Yet, the punishment was like a mosquito bite to the company.   In fact, the punishment […]

... written on Jul 14 2019

Zero New Orders For 737 MAX – Airbus To Overtake Boeing As World’s Biggest Plane Maker

American plane manufacturer Boeing has every reason to be worried even after 4 months its best-seller 737 MAX aeroplanes has been grounded. It seems the safety scandal isn’t going to be solved as quickly as Boeing and its stakeholders had expected – suggesting that the problems plaguing the aircraft’s flight-control systems are not as simple as […]

... written on Jul 10 2019

How Did 150-Year-Old Deutsche Bank Screw-Up So Badly It Cuts 18,000 Jobs And Quit Stock Trading Business?

On Sunday (July 7) in Europe, 150-year-old German bank – Deutsche Bank – officially launched its restructuring plan to cut a mind-blowing 18,000 jobs by 2022. By Monday morning (July 8), the entire teams in Deutsche Bank’s Asian operations were told to pack and clear their desks, before their security passes are deactivated as their […]

... written on Jul 08 2019

Trump Made A Mistake Of Extending Huawei Lifeline – China To Boost & Create Its Own Tech Landscape

Does Donald Trump want to kill Huawei or not? After all, it was him who whined, moaned and bitched back in May that the Chinese company was a threat to the U.S. national security. As a result, the Chinese telecom giant was put on a trade blacklist – banning U.S. businesses from selling parts and […]

... written on Jul 02 2019

Apple’s Chief Designer Quits – Here’re Some Of The Greatest Products Designed By Jony Ive

Sir Jonathan Ive, the legendary Apple Chief Design Officer (CDO), announced on Thursday (June 27) that he’s leaving the company that he had worked for more than 20 years. The Apple designer, knighted at Buckingham Palace in 2012, was actually born in Chingford, north-east London. Thanks to him, the world saw the emergence of iPhone, […]

... written on Jun 28 2019

The U.S. Is Already In Recession – And There’s Something Wrong With The Stock Market Rally

If the United States’ economy is in bad shape due to its trade war with China, how come its stock market has been so bullish lately? The S&P 500 is about to pull off its best first half of a year in at least 10 years and the Dow Jones Industrial Average (DJIA) is enjoying its best June […]

... written on Jun 27 2019

What Trump Doesn’t Want His Supporters To Know – China Lowered Tariffs To Everyone Except The U.S.

Donald Trump still talks as if his latest tariff hike – from 10% to 25% on US$200 billion worth of Chinese goods – is like money dropping from the sky. The U.S. president continues hoodwinking his supporters that the Americans are winning because as a result of the trade tariffs, China pays US$100 billion to […]

... written on Jun 21 2019

Meet Libra – Here’s How Facebook’s New Cryptocurrency Works and Looks Like

Facebook, despite earning US$55.8 billion in 2018, isn’t happy with its profit. Facebook wants to become the Federal Reserve of social media – ability to print money and control the money supply and movement ultimately. Meet Libra, the new digital currency just unveiled by Facebook, scheduled to be launched in the first half of next […]

... written on Jun 18 2019

Here’s How Hong Kong Extradition Law Could Affect Its Reputation As A Global Financial Center

An estimated 1-million people flooded the streets of Hong Kong on Sunday (June 9) in a massive demonstration against what the Hongkies called an “Evil Law”. The controversial extradition law would allow suspects to be sent or extradited from Hong Kong to mainland China for trial. Critics say the new law will undermine the integrity of the city’s […]

... written on Jun 14 2019

China’s Trade Surplus For May Hit $41.65 Billion – Trump Threatens Xi To Meet Him At G20 Summit … Or Else

China just revealed that its overall trade surplus registered US$41.65 billion last month (May 2019) – despite ongoing trade war with the U.S. That’s a mind-boggling number as economists polled by Reuters had expected the country to post an overall trade surplus of only US$20.5 billion. Instead of forecast that both exports and imports would […]

... written on Jun 11 2019









Browse pages below for more ...