Technology Stock
As feared, tech giant Apple plunged and brought along with it the rest of the stock markets not only in the U.S., but also the world. The earning warning from the iPhone maker was sufficient to erase 660 points off the Dow Jones Industrial Average (DJIA). S&P 500 lost 62 points and NASDAQ tumbled 202 […]
... written on Jan 04 2019When Prime Minister Shinzo Abe visits Beijing in October to mark the 40th anniversary of the Treaty of Peace and Friendship between the two countries, it appeared that Japan and China have put aside territorial disputes in the East China Sea as part of a new effort to improve ties. But all those efforts are about to […]
... written on Dec 12 2018Canadian authorities have arrested Huawei’s CFO (chief financial officer), Sabrina Meng Wanzhou, in Vancouver while she was transferring flights in the country. Sabrina, a leading contender to succeed her father, Huawei’s founder Ren Zhengfei, was arrested on Dec 1 as she is facing extradition to the United States – according to the Canadian Department of […]
... written on Dec 06 2018By the end of the trading session on Monday, the Dow Jones Industrial Average (DJIA) had travelled more than 900 points. The Dow fell 245.39 points to 24,442.92, erasing a 352-point gain. The NASDAQ Composite Index plunges to its lowest since April. It was so bad that Amazon.com Inc. founder – Jeff Bezos – lost a staggering US$8.2 […]
... written on Oct 30 2018Overnight Dow Jones futures indicated that the Dow will open Thursday market down by 377.74 points. That means the stock markets around the world will continue to plunge after the DJIA closed 831.83 lower on Wednesday. That’s the third biggest stock market plunges this year, after February 5 (1,175-point drop) and February 8 (1,033-point drop). […]
... written on Oct 11 2018The local telecommunication companies appear to be upset with the new government’s noble plan to provide more affordable entry-level plans for Internet access. For as long as one can remember, the greedy telcos have been milking consumers with pathetic packages – highest price for lowest speed possible – until the spectacular collapse of Barisan Nasional […]
... written on Oct 09 2018Apple fans have a new reason to celebrate after the world’s first trillion-dollar company unleashed not one, not two but three new iPhones. The new iPhone XR, XS and XS Max will all have dual SIM capabilities. This means that a user will be able to have two separate phone lines. One will be via a […]
... written on Sep 17 2018Despite being the biggest corporate sponsor of overseas travel for Australian politicians, Chinese Telco giant Huawei has failed miserably to convince that they are not a threat to the country down under. China’s Huawei and ZTE have essentially been banned from providing 5G technology equipment to Australia – in the name of national security. […]
... written on Aug 23 2018From KK Super Mart in Malaysia to South Africa bus ticketing service, one cannot help but notice “Alipay” logo, a sign of how far and fast the Chinese – either tourists or workers – have invaded the globe. The Alipay payment method is now accepted in 70 countries across Asia, Australia, New Zealand, Europe, North […]
... written on Jul 30 2018Investors didn’t see this coming. They called it unprecedented. They were caught with their pants down, so much so that they actually said Facebook didn’t need to give such a weak guidance. Do they expect Facebook to lie? Yes, Facebook warned investors of weakening revenue for the second half of the year, and its stock […]
... written on Jul 26 2018
