Investing & Trading
To many tycoons, 2015 is just another ordinary new year. But to Li Ka-shing, this year is his 17th consecutive year as the Hong Kong’s richest man. He increased his wealth by US$1.5 billion, largely due to hefty dividends. According to Forbes, as of January 2015, Mr Li, also known as Asia’s Superman has a […]
... written on Jan 10 2015Land scarcity is making it harder, if not impossible, to get a landed property or house, especially in cities. Unless you’ve millions or even tens of millions of dollars to spend, chances are people would have no choice but to live in high-rise buildings – be it flats, apartments, or condominiums. The battle have been […]
... written on Jan 07 2015China’s Xiaomi Technology had a spectacular year in 2014, judging by its achievements last year. After the Chinese smartphone maker raised US$1.1 billion last month, the company wasted no time this month by boasting some fantastic numbers. Xiaomi CEO Lei Jun has just revealed the company had sold 61.12 million phone last year, bringing home […]
... written on Jan 05 2015As we have promised, there would be more bitching and grumbling about global oil prices ever since Russia got itself deeper and deeper into an economic meltdown. Christmas will not be pretty and fun in Kremlin this year. Under Vladimir Putin’s instruction, Russian central bank has been propping up local currency Ruble in order to […]
... written on Dec 23 2014Soon, courier services will be out of business and their employees will be out of job. That’s because Amazon, U.S. largest Internet-based company, will deploy thousands of drones in delivery service. Amazon announced proposals for a drone delivery service called Amazon Prime Air in December 2013. The company’s supremo – Jeff Bezos – wants to […]
... written on Dec 10 2014Some important commodities are being whacked as we enter the month of December. Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum, resulting in the glittering metal tumbled more than 2% at one point to US$1,142.90 per ounce. Copper also fell to as low as $6,230.75, breaching below its March low to hit its […]
... written on Dec 01 2014Asians are perhaps the most conservative when come to e-commerce or simply online shopping. In the 1990s, before the dot com bubble burst, e-commerce was the buzzword that attracted tons of money, especially those companies listed on the Nasdaq. Today, such buzzword is as obsolete as dinosaurs. The so-called e-commerce has reached maturity. People simply […]
... written on Nov 20 2014Starting today, anybody can buy China stocks at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each others’ bourses. Called “Stock Connect”, mainland Chinese can now trade shares in Hong Kong for the first time, while foreign investors in Hong Kong are allowed to buy and […]
... written on Nov 17 2014Five giant banks and US$3.3 billion – that’s how many players and the amount of penalty the global regulators are slapping them. In a latest financial scandal – British, American and Swiss regulators have found HSBC, Royal Bank of Scotland (R.B.S.), JPMorgan Chase, Citigroup and UBS guilty of manipulating the foreign currency markets. At stake […]
... written on Nov 12 2014Yesterday, we wrote about the happy and sad consequences as a result of US dollar bull run. Americans are cheering a stronger dollar for a simple reason that their purchasing power will be higher. It will cost them lesser for a vacation in Paris or Bangkok, for example. Since Americans don’t believe in saving, they […]
... written on Nov 05 2014
