Investing & Trading
Oil prices dropped more than 10% on Friday (March 6) when the U.S. WTI (West Texas Intermediate) crude closed at US$41.28 – the lowest since August 2016. More importantly, it was WTI’s biggest one day percentage drop since November 28, 2014. Meanwhile, international benchmark Brent crude lost 9.4% to close at US$45.27 a barrel – […]
... written on Mar 08 2020Moments after Covid-19 coronavirus killed the first American in Washington state, President Donald Trump said on Saturday that there was “no reason to panic”. On Sunday, a second U.S. death was announced. On the same day, New York state confirmed its first case. So far, there are at least 89 confirmed cases, and the nasty […]
... written on Mar 02 2020No matter how much you try not to think about it, retirement is part of your life. This is why you should stop for a moment and think about this important stage, regardless of your age. Think about how you picture yourself after retirement, your hobbies, and daily activities, try to map out a financial […]
... written on Mar 01 2020After Thursday (Feb 27) closing bell, the Dow Jones lost a jaw-dropping 1,190.9 points – the biggest in history. It was also the second day in the same week the index shed more than 1,000 points. On Monday, it had already plunged 1,031 points, before losing 879 points again the next day. Thursday also saw […]
... written on Feb 28 2020On Monday, the Dow plunged 1,031 points. The next day, the stock market continued its losses by closing 879 points lower. In total, the DJIA (Dow Jones Industrial Average) lost nearly 1,900 points as fears over the spread of the Covid-19 coronavirus intensified around the world. Investors scrambled to sell their shares and diverted their money […]
... written on Feb 27 2020The world of trading often seems extremely uncertain and overwhelming as there are many factors that traders need to take into consideration. However, as a beginner, there are certain things that you should know before trading in cryptocurrencies. Trading basically explains the tactic of buying when the value is low and selling once the value […]
... written on Feb 22 2020A lot of people are trying their luck with different investments in this day and age. They are starting to realize that living from paycheck to paycheck isn’t really a valid option if you want any form of financial security in the future. So, they use whatever money they have and try to generate a […]
... written on Feb 20 2020Unlike the economy of Abu Dhabi, the big brother and richest emirate in the seven-emirate United Arab Emirates (UAE), Dubai’s economy is not directly dependent on oil. Dubai depends heavily on luxury real estate, tourism, logistics, and financial services for revenues. However, Dubai’s economy suffers indirectly when crude oil prices go south. Surprisingly, despite […]
... written on Feb 20 2020Singapore’s economy almost came to a standstill in the second quarter of 2019, thanks largely to the US-China trade war. Its economy grew by merely 0.7% last year, down from 3.1% registered in 2018. In essence, it had been the slowest economic growth since the 2009 (when its economy expanded 0.1%) Great Recession. Still, the country […]
... written on Feb 18 2020During the Oscar last Sunday, Jeff Bezos, Amazon’s founder, was in the epicentre of some naughty jokes. Comedians Steve Martin and Chris Rock mocked Bezos’ jaw-dropping wealth – “He’s got cash. When he writes a check, the bank bounces. Jeff Bezos is so rich, he got divorced and he’s still the richest man in the […]
... written on Feb 14 2020
