Investing & Trading
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 2019On 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 2019Does 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 2019Sir 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 2019If 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 2019Donald 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 2019Facebook, 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 2019An 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 2019China 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 2019Pork prices in China have been hitting the roof thanks to highly contagious African swine fever. Because there is no vaccine or treatment for this disease, the only option is to exterminate the infected pigs. More than 1-million pigs have been slaughtered so far. Between February and April, prices of pork skyrocketed almost 50% within […]
... written on Jun 08 2019
