Taxes
Stocks dropped almost 700 points on Friday (Jan 10, 2025) – effectively pushing all major benchmarks into the red for the New Year 2025. The Dow Jones Industrial Average (DJIA) lost 696.75 points or 1.63% to close at 41,938.45, whilst S&P 500 and NASDAQ lost 1.54% and 1.63% respectively. What caused the bloodbath? The short answer – […]
... written on Jan 12 2025Mark Zuckerberg has been ridiculed and mocked for suddenly sucking up to Trump. The Meta billionaire was terrified after Trump, who recently threatened to “jail him for life” if he ever crossed him again, won re-election. In fact, the Facebook owner was so afraid that he donated US$1 million to the President-elect‘s inaugural fund as he scrambles […]
... written on Dec 18 2024As recently as November 8, days after Donald Trump’s victory, White House press secretary Karine Jean-Pierre rubbished a pardon or clemency for President Biden’s son, Hunter. She said – “We’ve been asked that question multiple times. Our answer stands, which is no”. In June, at the G7 summit in Italy, Joe Biden personally said – […]
... written on Dec 02 2024Fresh from being elected as the 47th U.S. President, Donald Trump has moved at lightning speed in forming his team. His new Cabinet features younger faces and fresh ideas, with heavy representation from the business world. Crucially, the Trump 2.0 shows less influence of the GOP establishment than his first Cabinet. And despite accusation that […]
... written on Nov 29 2024Long before Donald Trump seeks re-election to redeem his humiliating defeat to Joe Biden in the 2020 Presidential Election, Beijing knew the strategic competition between both nations will be a long war. Even if China has zero interest to compete with the U.S., the Americans simply cannot take the risk as they have been the […]
... written on Nov 23 2024With the US transitioning into a new leadership as the Biden administration wraps up, concerns over how the policies of the new president-elect, Donald Trump, would affect the Southeast Asian market abound. The Southeast Asia region is one of the world’s fastest-developing regions, with international trade, security, and foreign direct investment heavily dependent on good […]
... written on Nov 20 2024America is the world’s most powerful country – both economically and militarily. But its government is also the most wasteful, partly because the U.S. can print money whenever it wants. And we are not talking about people wasting 92 billion pounds of food annually, which are equivalent to 145 billion meals – translating to US$473 […]
... written on Nov 15 2024Prime Minister cum Finance Minister Anwar Ibrahim has bulldozed two important policies for workers during last Friday’s presentation of the Budget 2025. It was actually a brilliant and bold policy to ensure fair treatment for all workers – regardless of nationality. Mr Anwar should be given the Nobel Peace Prize as for the first time, […]
... written on Oct 23 2024For the first time in the history of Malaysia since Independence, a prime minister has expressed his concern about the welfare for a crook while presenting an annual budget. Najib Razak, the world’s biggest crook by U.S. standard, must be ROFL (rolling on the floor laughing) watching the Budget 2025 in his Kajang Prison, where […]
... written on Oct 20 2024Europe’s Tariffs On China’s EV Backfires – Volkswagen Closing Factories Before Even Trade War Begins
When China officially connected to the internet on April 20, 1994, it was a huge milestone despite the 64-kilobit special line, which was made possible thanks to the service of U.S. telecommunication company Sprint. Back then, it would be a challenge for tourists to find a decent public toilet. The country was so poor that […]
... written on Sep 16 2024
