Investing & Trading
This country is so screwed up that it couldn’t even pay US$600 million of debt to IPIC (International Petroleum Investment Company), Abu Dhabi’s US$80 billion sovereign-wealth fund. After the deadline on Tuesday, IPIC has given 1MDB (1Malaysia Development Berhad), a fund set up by Prime Minister Najib Razak himself in 2009, five more days to make […]
... written on Aug 02 2017Unveiled to the public in London today, Rolls-Royce has just introduced its latest model – Phantom VIII – after 14 years since it last updated its luxury flagship beast. Besides Rolex, your best investment is probably the Rolls-Royce due to its appreciation in values, partly due to its limited production units. This is the ultimate […]
... written on Jul 28 2017Singaporeans saw the invasion of a service on Wednesday night (July 26, 2017) which could give local delivery services such as FairPrice Online and RedMart a run for their money. After tons of rumours flying around, Amazon has finally launched its “Prime Now” in the tiny nation of Singapore, its first foray into Southeast Asia. […]
... written on Jul 27 2017The land down under was a great place to invest, especially its property or real estate. Parents from neighbouring Asian countries have been pouring billions of dollars snapping up properties – either for investment or for their children’s education. Chinese parents love sending their kids to a foreign country to further their education, and Australia […]
... written on Jul 26 2017When Mahathir Mohamad launched his Vision 2020 in 1991 – 26 years ago – it was really a big deal to everybody. Very few people understood the real meaning of the vision. They thought it had to do with eyesight as having “20/20 vision” means an individual’s eyesight is normal. So some people actually thought […]
... written on Jul 25 2017Philippine President Rodrigo Duterte revealed 2 months ago that Chinese counterpart China Xi Jinping had warned him there would be “war” if Manila tried to enforce an arbitration ruling and drill for oil in a disputed part of the South China Sea. He was, of course, referring to Hague’s award which granted Philippine sovereign rights […]
... written on Jul 24 2017Trump administration says the U.S. companies want more access to China’s economy. They wanted to rebalance what they say is an unfair trading relationship. During talks between the world’s two largest economies, U.S. Commerce Secretary Wilbur Ross said China’s US$347 billion trade deficit with the United States was not the product of market forces. “We must […]
... written on Jul 20 2017United Kingdom is supposed to be United States’ best friend, and vice versa. Even when the U.S. went astray on a 2003 Iraq invasion, the U.K. obediently followed. Tony Blair didn’t persuade Bush not to go to war but instead supported the invasion even when the former British prime minister knew it was wrong. The […]
... written on Jul 17 2017Ever wonder why Emirates Airlines, Etihad Airways and Qatar Airways could offer unbelievable low price tickets every now and then? That’s because those three Middle Eastern airlines have been receiving more than US$50 billion in subsidies over the past decade from their respective kingdom – U.A.E. (United Arab Emirates) and Qatar. The U.S. and […]
... written on Jul 13 2017He had been condemned by Mahathir Mohamad, then-Prime Minister of Malaysia, as a notorious currency speculator. He lost about US$1 billion in the financial market betting against Donald Trump. The 86-year-old investor also lost millions – probably billions – betting against Brexit. Perhaps the billionaire should go back into retirement. To George Soros, however, […]
... written on Jul 11 2017
