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Those who live in glass houses should not throw stones, goes the popular proverb. It’s particular true when one had successfully escaped from a pariah fake democracy country like Malaysia to a developed United Kingdom, the British Empire that happens to have had once colonized the former. Top blogger Raja Petra Kamarudin (popularly known […]
... written on Apr 25 2016Do scammers have a better success rate targeting illiterate or old people? That’s the public perception due to wide coverage on such group of people being scammed, again and again. But if this 53-year-old man was really a legitimate businessman as what he claims to be, then this is one heck of a scam in […]
... written on Mar 07 2016During its peak, the Daesh (ISIL, ISIS, Islamic State) was the world’s wealthiest terror group. When it captured the city of Mosul, the group was flushed with 500 billion dinars (US$452 million; £320 million; RM1.86 billion) kept in the Iraqi city’s central bank. They were also reportedly made off with a large amount of gold […]
... written on Mar 03 2016Warren Buffett has just published his latest annual letter to shareholders. Why should you care, you may ask yourself. After all, you didn’t own and perhaps will never own Berkshire Hathaway stock. At roughly US$200,000 (£144,434; RM842,568) a share, perhaps it’s impossible for you to afford even “one share” of the company. Still, you […]
... written on Feb 29 2016Many think Germany is Europe’s hardest working country and Japan is the champion in Asia while Americans work the longest hour in both North and South America continents. After all, these countries are the wealthiest. Surprisingly, all three of them do not even qualify for the top-10 most hardworking countries on planet Earth. The […]
... written on Dec 29 2015Five months ago, China did the unthinkable – “Yuan Devaluation“. President Xi Jinping was facing multiple problems back then. The Chinese stock market crashed 30% within 3-weeks. His enemy, former leader Jiang Zemin, was plotting against him by systematically selling shares in an attempt to further depress the stock market. China’s economy was virtually going […]
... written on Dec 10 2015Don’t panic when you see stock ticker symbol “GOOG” has a new owner, Alphabet Inc. instead of the usual Google Inc. The name change is part of a plan announced months ago to restructure the company to give more room to its forever-growing businesses. Google, or rather Alphabet has been explaining to all and sundry […]
... written on Oct 08 2015Technical analysis says the U.S. stock market is about to melt, thanks to China. Unlike fundamental studies, investors who believe in technical studies have everything to worry because of “Death Cross”. It seems the epidemic of bearish “death cross” is spreading and affecting every single market segment, even to those supposedly insulated from foreign factors. […]
... written on Sep 02 2015U.S. stocks tumbled on Monday, with the Dow Jones Industrial Average (DJIA) dropping to an 18-month closing low that saw the blue-chip benchmark briefly plummet more than 1,000 points. It closed down 588 points, but not before it created a moment of panic when it went down as much as 1,114 points during the early […]
... written on Aug 25 2015Is the party over for China? Nobody knows for sure. But it doesn’t seem to be doing as well as it used to be. It’s double-digit growth was long gone. The last time the world’s second-largest economy saw double-digit growth rates was in 2010 when it grew at a rate of 10.6%. Thereafter, it was […]
... written on Jul 07 2015