Investing & Trading
When the Chinese government left planeloads of $2 million worth of Australian lobster to rot on a Shanghai tarmac last November, it was a signal that the hostility between both countries could only get worse. The shipments had experienced Customs clearance delays because the Chinese authorities were inspecting 100% of the Australian rock lobsters to […]
... written on Apr 22 2021It’s been close to 12 months since China suspended imports of beef from Australia, and it’s hard to see how the ban would be relaxed anytime soon. In fact, the damage to Aussie red meat, valued at about A$3 billion, could be permanent. The exports of Australian beef to the Chinese market was the most […]
... written on Apr 19 2021Grab Holdings Inc. is going public in the United States through a merger with US-based Altimeter Growth Corp. The partnership, which values the Southeast Asian ride-hailing and food delivery giant at a mind-boggling US$39.6 billion in market capitalization, will see its stock trade on the Nasdaq Composite Index. Essentially, that makes Grab the Southeast Asia’s […]
... written on Apr 14 2021Less than a decade ago, people would laugh at the idea of digital currency, popularly known as bitcoin. On Monday, the value of the cryptocurrency market topped US$2 trillion for the first time. According to CoinGecko, which track the values of digital currencies, the market capitalization of the cryptocurrency market has doubled in just over […]
... written on Apr 07 2021Many people in today’s business industries designate their 401k benefit as a retirement. But these plans face exceptional risk with exposure to things like inflation threatening account holder’s funds. Without a diverse mix in the portfolio, there’s little protection for what you’ve worked so hard to accumulate. As people develop an understanding, whether through […]
... written on Apr 05 2021On Friday (March 26), China’s Ministry of Commerce announced that import duties between 116.2% and 218.4% will be imposed on Australian wines effective Sunday (March 28). The massive tariffs arrived after the ministry concluded that domestic wine industry had been hurt by the dumping of cheap Aussie wine. Worse, the anti-dumping punishment will last for […]
... written on Mar 26 2021Managing the losing trades is the most critical step in the Forex market. Being a new trader, you might not have the emotional stability to deal with series of losing trades. You will become emotional and try silly things to recover the losses. At times, such actions will help you to cover up the losses. […]
... written on Mar 19 2021Trying to reverse Donald Trump’s toxic “America’s first” agenda, President Joe Biden has started rallying the Group of Seven – G7 – allies back to the American flag. In his first address before the world since his inauguration as the 46th President of the United States, Biden declared in a virtual address to the Munich […]
... written on Feb 22 2021Treasury Wine Estates is the world’s largest listed winemaker with total revenue of A$2.88 billion in 2019. The Australian company, with a market value of US$7.32 billion, operates in Australia and New Zealand, the Americas, Asia, Europe, Middle East and Africa. Headquartered in Melbourne, Treasure Wine’s business is in the production and marketing of wine. […]
... written on Feb 17 2021One of the funniest skills possessed by Malaysian prime ministers is their perception that they can insult peoples’ intelligence, especially the minority ethnic. In early 2013, a few months before the 13th General Election, PM Najib Razak dressed in a red Chinese costume and was beating the drum like an idiot, but acted as if […]
... written on Feb 15 2021
