Investing & Trading
Donald Trump’s favourite game of forcing China into obedience is slapping tariffs on Chinese goods. Like it or not, the U.S. president will most likely win the game simply because Beijing enjoys US$375 billion trade surplus with the U.S. Trump has repeatedly highlighted China’s US$375 billion surplus with the U.S. as evidence of an unfair trade […]
... written on Jun 21 2018Last Friday, President Trump declared that the U.S. would slap 25% tariffs on up to US$50 billion worth of Chinese goods. The justification was that the Chinese must be punished for its theft of IP (intellectual property) and other unfair trade practices. Trump warned that his government could impose additional tariffs if China retaliates with duties […]
... written on Jun 19 2018The founder of online retail giant Alibaba is in town. He specifically flew to Malaysia to officially open the company’s first office in Southeast Asia at Bangsar South today. He was also granted an audience with newly inaugurated Prime Minister Mahathir Mohamad, the world’s oldest premier at the advanced age of 93. If time […]
... written on Jun 18 2018When it was revealed that Singapore taxpayers’ money – as much as S$20 million – was burned on the U.S-North Korea summit, not many were impressed. About half of the expenses went to security costs. However, Singapore Prime Minister Lee Hsien Loong said – “It is a cost we are willing to pay. It’s our […]
... written on Jun 15 2018Mahathir has announced that the highly controversial and super expensive HSR (high-speed rail) project is being “postponed”, not “cancelled”. Whether that was a U-turn from a 93-year-old man or was a clever strategy remains to be seen. Assuming it is just a postponement, will Singapore insist of having the new Malaysian government pay for the […]
... written on Jun 14 2018President Donald Trump did not appear to be listening during some of the trade presentations in Quebec, Canada. Trade dominated the 2-day summit that began on Friday with leaders of Germany, France, Japan, Canada, Britain and Italy returning to the topic repeatedly – simply because “Trump the Menace” kept making troubles to the powerful nations. […]
... written on Jun 10 2018Donald Trump may sound super-tough as the U.S. positions itself for a trade war with China. However, if numbers are any indicator, the U.S. president appears to be fighting a losing battle against the Chinese. For the first 4 months of 2018, America continues to register huge trade deficit with its rival trading partner. […]
... written on Jun 07 2018The first half of 2018 has been bullish for oil prices. But after touching the US$80 a barrel for the first time since 2014, the commodity is fast losing its steam. The Brent crude oil is trading at about US$74, a drop of about 6 dollars a barrel since its peak. The WTI crude oil […]
... written on Jun 06 2018Zero GST Today!! – These Graphics Show Why GST Was Disastrous To People But Loved By Najib Very Much
Effective today (June 1st), the highly unpopular GST (goods and services tax) is zero-rated from 6 percent. People are celebrating as suddenly everything has become 6% cheaper. From computer to Mercedes Benz, everybody wants to have a piece of the meat, before the new SST (sales and service tax) kicks in effective September 1st. […]
... written on Jun 01 2018The world is having terrible headache dealing with American President Donald Trump. This is perhaps the most flip-flop president the country has ever had. After telling all and sundry that he will meet North Korean Kim Jong-un, the U.S. leader scrapped the plan, only to revive it. It’s safe not to bet if the summit […]
... written on May 31 2018
