Commodities
The Friday-Monday stock markets crash should serve a reminder to investors and speculators about the basic fundamental of investing – whatever goes up must comes down – eventually. As experts and economists are now locking horns debating whether the stocks have seen the worst of it, or this could be just the beginning, another commodity […]
... written on Feb 08 2018Where is Donald Trump when we need him the most (*grin*)? Shouldn’t he take credit for the market plunge, the same way he bragged about a bull run under his watch? Obviously even the U.S. president couldn’t stop a flash crash, as what happened on Black Monday. After Friday’s 666 points crash, Monday saw Dow […]
... written on Feb 06 2018For the first time since 1970 – almost 50 years – the United States can loudly tell Saudi Arabia that Americans will never be taken hostage by the Arabs – again. In November 2017, the U.S. oil production rose to 10.038 million barrels a day, 4% more than the previous month. That milestone is slightly […]
... written on Feb 01 2018China’s military has been flexing its muscles in the South China Sea with no indication of slowing down. As Trump and Kim were busy engaging in a war of words fits only for kids, the distraction provides a great cover for Chinese to continue its island-building project in the region. After unilaterally opened four new […]
... written on Jan 16 2018Everyone knows the United States is becoming the biggest threat to OPEC – producing more and more oil every day. In fact, as U.S. cargoes show up more regularly in Asia, America has been quietly eating up Middle East crudes’ share market. And there’s nothing the OPEC could do as they have agreed to take […]
... written on Dec 15 2017In a sign of more trouble ahead, Saudi Arabia has secretly drafted a plan to further remove subsidies as the kingdom tries to offset the impact of its struggling economy – thanks to low crude oil prices. In spite of oil price rally recently, the latest due to a 450,000-bpd pipeline shut down in the […]
... written on Dec 13 2017Like Apple’s iPhone, China is a critical market to Starbucks. There are more than 3,000 Starbucks stores in China, with 600 in Shanghai alone. Hence, it’s only natural that the company’s second Reserve Roastery opened with a big bang in Shanghai. It’s first flagship Reserve Roastery and Tasting Room opened in its home market of […]
... written on Dec 06 2017Australia, or to be precise South Australia, is now the proud owner of the world’s biggest battery. And the lithium-ion battery has just been powered on Friday, ahead of schedule. Capable of powering 30,000 lucky Australian homes, the battery is as huge as an American football field. The hero is none other than “Ironman” Elon […]
... written on Dec 02 2017As expected, there isn’t much President Donald Trump could do to badass North Korea Kim Jong-un after the hermit kingdom blasted another ballistic missile. Mr. Kim has self-proclaimed his regime as a “nuclear state” after his latest round of demonstration – sending Hwasong-15 in a 53-minutes ride above the space, reaching a height of up […]
... written on Nov 30 2017U.S. stocks closed lower Wednesday – both Dow and S&P 500 – suffered their biggest one-day percentage drops since September. The Dow fell 138.19 points while the S&P 500 lost 14.25 points. That wasn’t too bad considering both plunges were less than 1%. But the issue here is they crashed primarily due to a sudden […]
... written on Nov 16 2017
