Investing & Trading
In a sign of more trouble ahead, Saudi Arabia has secretly drafted a plan to further remove subsidies as the kingdom tries to offset the impact of its struggling economy – thanks to low crude oil prices. In spite of oil price rally recently, the latest due to a 450,000-bpd pipeline shut down in the […]
... written on Dec 13 2017From where did he get the extraordinary amount of money to buy the world’s most expensive painting? For a while, the world was left in astonishment after Leonardo da Vinci’s “Salvator Mundi” – dating back to 1500 – was sold to a mysterious buyer who splashed a whopping US$450.3 million. People thought it must have […]
... written on Dec 08 2017The world does not revolve around United States of America. The sooner American businessmen realize this, the sooner they can adapt and accept the fact that the grass is not always looks greener (or as green as their own backyard) on the other side. U.S. companies have been complaining about multiple barriers in doing business […]
... written on Dec 07 2017Like Apple’s iPhone, China is a critical market to Starbucks. There are more than 3,000 Starbucks stores in China, with 600 in Shanghai alone. Hence, it’s only natural that the company’s second Reserve Roastery opened with a big bang in Shanghai. It’s first flagship Reserve Roastery and Tasting Room opened in its home market of […]
... written on Dec 06 2017Donald Trump is indeed a very happy man. Not even the decision by Michael Flynn, a former national security adviser to the U.S. president, pleading guilty to lying to the FBI could make Trump lose his sleep. An early and vocal Trump supporter, Flynn has apparently made a U-turn and agreed to co-operate with special counsel […]
... written on Dec 04 2017Australia, or to be precise South Australia, is now the proud owner of the world’s biggest battery. And the lithium-ion battery has just been powered on Friday, ahead of schedule. Capable of powering 30,000 lucky Australian homes, the battery is as huge as an American football field. The hero is none other than “Ironman” Elon […]
... written on Dec 02 2017Food delivery service is taking the street by storm. Chances are you might have seen them during peak hour – either calls themselves UberEATS, JustEat, GrubHub, Food Panda or Deliveroo. Regardless, it is a competitive industry with each company having to work to provide low costs, interesting restaurants, fast delivery time and of course, quality food. […]
... written on Nov 28 2017China is today the world’s biggest economy. But the Middle Kingdom didn’t transform itself into a wealthy nation overnight without lifting a finger. It had been invaded and colonised by various empires – from Mongolia to Manchuria, Russia, United States, Britain, France, Italy, Germany and Japan. Amazingly, the Chinese didn’t perish but emerge stronger over […]
... written on Nov 27 2017Uber has done it again! From accusations of bullying, sexual harassment and discrimination, Uber has been attracting the publicity for the wrong reason. And now, they have added another feather to the cap. A staggering 57 million of its users and drivers’ data were compromised, but instead of report the hacking to the authorities, Uber […]
... written on Nov 22 2017Automakers, tech start-ups and ride-hailing companies are forging closer alliances in a multi-billion-dollar business. That can only mean one thing – self-driving taxis will be taking over the street, like it or not. Uber, a leader in ride-hailing business has been stripped of its London licence. However, the company has last month filed its legal appeal […]
... written on Nov 21 2017