Investing & Trading
Aramco is the world’s largest oil company. It is also currently the most profitable company in the world, and based on the 2019 listing by Fortune, the company’s profitability is almost double that of Apple. As a private organization that produces about 10% of the world’s crude oil, Aramco’s revenue for the financial year 2018 was […]
... written on Nov 15 2019Some 6 months after Trump administration officially banned Huawei, the Chinese tech company is still alive and kicking. Even though the war is not over, the battle has been well fought. During this period, key U.S. components and software like Google’s Android operating system, Synopsys’ semiconductor design tools and Skyworks’ radio frequency chips remain unreachable to Huawei. […]
... written on Nov 12 2019Huawei founder and CEO Ren Zhengfei once predicted the Chinese tech giant would be hit so badly by the U.S. ban that it could earn US$30 billion less revenue for the year. That amount was later reduced to US$10 billion. On Tuesday (Nov 5), some five months after Mr. Ren first made the shocking prediction, […]
... written on Nov 06 2019Malaysian Prime Minister Mahathir Mohamad has expressed his disappointment over the failure of Regional Comprehensive Economic Partnership (RCEP). Despite 7 years of negotiations since it was first formally launched in November 2012 at the ASEAN Summit in Cambodia, the proposed free trade agreement has failed to reach consensus – again. “We are very disappointed. […]
... written on Nov 04 2019Admiral Michael Mullen, former chairman of the Joint Chiefs of Staff, once said – “The most significant threat to our national security is our debt. He commented that back in 2010, when the federal debt totalled US$13 trillion. Nine years later today, Donald Trump has taken over from Barack Obama. But the debt continues its […]
... written on Nov 02 2019Flying cars or taxis for urban and other short-distance travels is possible. Airborne vehicles as replacement for conventional automobiles, however, are still years away from reality. So if someone tells you that flying vehicles are commercially available at the end of the year, take such idiotic statement with a pinch of salt. Issues such as […]
... written on Oct 23 2019For months, Mahathir Mohamad had been enjoying himself – bashing and condemning everyone and every country he didn’t like, as if the world revolves around him. He has slammed the U.S., Hong Kong, India, Israel, Singapore and even Myanmar. In the process, he has insulted the Hindus, Chinese, Jews, Americans and practically everyone who was […]
... written on Oct 22 2019China, the world’s most populous country, has benefited most from being a member of the 164-country WTO. It has already become the biggest global exporter. But for the last 17 years since the “Middle Kingdom” joined the free-trading World Trade Organization, foreign companies have been kept in the queue waiting to enter the world’s largest […]
... written on Oct 18 2019Germany has finally presented its decision over foreign vendors’ participation in building 5G network for the country. In defiance against the U.S. wish, it will not ban Chinese telecoms giant – Huawei Technologies Co. – from its 5G mobile networks, saying that it want’s to create “a level playing field” for all vendors. The […]
... written on Oct 17 2019Stock market plunged more than 300 points after it shows that the existing US-China trade war has become worse. In the run-up to high-level trade talks in Washington this week, relations have deteriorated between the world’s two-largest economies. Unlike in the past, it appears both Beijing and Washington were serious about going for each other’s throats. […]
... written on Oct 09 2019
