Plantation Stock
Crude oil hit more than US$130 a barrel after Russia launched its so-called special military operation in Ukraine. But crude oil was not the only commodity which skyrockets after the invasion. Sunflower oil, the world’s third most traded vegetable oil after palm and soybean oil, also hit the roof. Worse, Ukraine and Russia accounts for […]
... written on May 14 2022Putin might be a mad dictator to the Western countries, but he is not crazy, let alone stupid. On the contrary, he could be smarter than the U.S. and NATO, based on his political chess game so far. He tactically recognized the independence of two self-proclaimed and pro-Russian republics in eastern Ukraine, before sending troops […]
... written on Feb 25 2022The best way to provoke China is to play the Taiwan card. It works every time. And the trigger is always the United States. In January, the U.S. warned China – “We urge Beijing to cease its military, diplomatic, and economic pressure against Taiwan. We will continue to assist Taiwan in maintaining a sufficient self-defence […]
... written on Mar 05 2021Singapore’s economy almost came to a standstill in the second quarter of 2019, thanks largely to the US-China trade war. Its economy grew by merely 0.7% last year, down from 3.1% registered in 2018. In essence, it had been the slowest economic growth since the 2009 (when its economy expanded 0.1%) Great Recession. Still, the country […]
... written on Feb 18 2020Mahathir’s previous policy of allowing so-called “minimal and manageable” corruption among the warlords of UMNO, the dominant political party he once led, has proven more damaging than anticipated. The tentacles of corruption have not only spread deep into government and private institutions, but also within government agencies founded to protect the poor Malay community. […]
... written on Dec 03 2019Investors, speculators and punters were cheering as the U.S. stocks hit fresh record highs on Friday on hopes for a US-China trade deal despite mixed economic data. The Dow Jones Industrial Average (DJIA) holds above 28,000 points on Monday, after the index hit the level for the first time after posting a fourth straight week of […]
... written on Nov 19 2019For months, Mahathir Mohamad had been enjoying himself – bashing and condemning everyone and every country he didn’t like, as if the world revolves around him. He has slammed the U.S., Hong Kong, India, Israel, Singapore and even Myanmar. In the process, he has insulted the Hindus, Chinese, Jews, Americans and practically everyone who was […]
... written on Oct 22 2019As expected, India has retaliated. Indian refiners have stopped buying Malaysian palm oil for shipments in November and December. They don’t have to wait for any official statement from their government that New Delhi would raise import taxes or use other measures to limit – even boycott entirely – imports of palm oil from Malaysia. […]
... written on Oct 16 2019Mahathir, the world’s oldest prime minister, appears to have lost his magic touch in running the country, which is burdened with record RM1 trillion debts inherited from the previous corrupt government. Initially praised – even worshipped – for stunningly defeated protégé-turn-nemesis Najib Razak, Mahathir administration has increasingly attracted criticisms. Whether Mr. Mahathir realized it […]
... written on Oct 12 2019China has made good on its promise to retaliate against President Donald Trump’s latest 10% tariff on US$300 billion worth of Chinese goods. On Friday (August 23), the Chinese State Council announced it decided to slap tariffs ranging from 5% to 10% on US$75 billion U.S. goods in two batches – effective on Sept. 1 […]
... written on Aug 24 2019
