Investing & Trading
When China set up a new bank – Asian Infrastructure Investment Bank (AIIB) – less than 2 years ago, world superpower United States wasn’t happy about it. The creation of AIIB on 24 October 2014 in Beijing – aims to support the building of infrastructure in the Asia-Pacific region – was seen as rival to World Bank […]
... written on Sep 01 2016Apple has been ordered to pay up to €13 billion (US$14.5 billion; £11 billion; RM58.8 billion) in back taxes, plus interest, to Ireland after the European antitrust regulators ruled that a special scheme hatched between Apple (stock-code: AAPL) and the Irish tax authorities to route profits through Ireland was considered illegal state aid. The commission said Ireland’s […]
... written on Aug 30 2016Worth a staggering US$31.8 billion, Li Ka-shing is the World’s No. 20 richest man on planet Earth, according to Forbes. Although he’s just two notches away from comrade Wang Jianlin, whose wealth is at US$34.4 billion, Mr. Li is still Hong Kong’s richest man. The high school drop-out is also called “Superman” because of his […]
... written on Aug 24 2016Soros doubled his bet against the S&P 500, and owned 2.1 million put options on the SPDR S&P 500 ETF. That was according to the U.S. regulatory filings 13-F back in the first quarter of 2016. In the same filings with the U.S. Securities and Exchange Commission shown on Monday, the billionaire bought another 1.9 million […]
... written on Aug 16 2016The early bird gets the worm – the saying goes. Since an American mobile game developer – Niantic Labs – launched “Pokémon Go” last month, the game has raked in US$200 million (£153 million; RM800 million) in net revenue globally on the App Store and Google Play in its first month – beating popular games such as […]
... written on Aug 11 2016Both are billionaires but it seems Donald Trump and Warren Buffett have huge gap of differences. In fact, both American billionaires couldn’t see eye to eye, so much so that it would be easier to get Trump and Putin play Pokémon Go together than to get Trump and Buffett have a coffee break. Buffett, […]
... written on Aug 10 2016Since December 2008, Malaysia stock market has more than doubled (up 88% in U.S. dollar terms), until a “disaster strikes” the country. In fact, the rally in the Malaysian shares was the world’s longest bull market. Comparing to other stock markets, the KLCI (Kuala Lumpur Composite Index) has gone up the longest without a 20% […]
... written on Aug 06 2016Yahoo has finally sold itself away to Verizon Communications for merely US$4.83 billion. Only time will tell if the purchase is a great deal, or a waste of money. Verizon, America’s biggest wireless company, plans to merge Yahoo with AOL, a company it bought last year for a cool US$4.4 billion – cash. Clearly, […]
... written on Aug 02 2016A high-speed rail (HSR) link between Kuala Lumpur and Singapore isn’t something new which was hatched yesterday. The toy was in the discussion way back in the late 1990s, during former Prime Minister Mahathir Mohamad era. However, the 1997-1998 Asia Financial Crisis made it impossible to spend billions while both countries – especially Malaysia – […]
... written on Jul 20 2016Alongside British Pound, the real-estates or properties in UK was speculated to take heavy beatings. At the early stage of Brexit, it got so panic that Mayor of London – Sadiq Khan – was urged to declare London Independence, and apply to join the EU. That demonstrated how idiocy ruled over Britons. Suddenly every single […]
... written on Jul 18 2016
