Commodities
President Vladimir Putin had tried everything in his power to become United States’ friend. He even refused to retaliate after former President Barack Obama slapped sanctions on Russia last December 2016 over unproven allegations that the Russian president personally directed covert cyber attacks against the U.S. electoral system, resulting in Hillary Clinton’s shocking defeat. […]
... written on Jul 28 2017Singaporeans saw the invasion of a service on Wednesday night (July 26, 2017) which could give local delivery services such as FairPrice Online and RedMart a run for their money. After tons of rumours flying around, Amazon has finally launched its “Prime Now” in the tiny nation of Singapore, its first foray into Southeast Asia. […]
... written on Jul 27 2017When Mahathir Mohamad launched his Vision 2020 in 1991 – 26 years ago – it was really a big deal to everybody. Very few people understood the real meaning of the vision. They thought it had to do with eyesight as having “20/20 vision” means an individual’s eyesight is normal. So some people actually thought […]
... written on Jul 25 2017Philippine President Rodrigo Duterte revealed 2 months ago that Chinese counterpart China Xi Jinping had warned him there would be “war” if Manila tried to enforce an arbitration ruling and drill for oil in a disputed part of the South China Sea. He was, of course, referring to Hague’s award which granted Philippine sovereign rights […]
... written on Jul 24 2017Saudi Arabia sent Kuwait to present a 13-point list of demand to Qatar in order to end the diplomatic crisis last month. Saudi also gave Qatar 10 days to comply with the demands, all of which were insanely ridiculous. Qatar gave his big brother a middle finger instead, as it would be as good as […]
... written on Jul 12 2017Last year, we wrote why crude oil above US$100 will never happen again – forever! One of the reasons was China. The Chinese provide the world’s largest market for new cars. Naturally, China has some of the world’s worst air pollution. Nope, the Chinese will not be choked or poisoned to death due to pollution. […]
... written on Jul 05 2017Najib son of Razak will soon learn a painful lesson. The Malaysian prime minister will learn the real meaning of “a bird in hand is worth two in the bush”. He should have had honoured the deal that his administration made with IWC-CREC (Iskandar Waterfront Holdings-China Railway Engineering Corp) consortium and let the 1MDB scandal […]
... written on Jun 25 2017Acting as a Saudi Arabia’s middleman, Kuwait has presented a 13-point list to Qatar in order to end the diplomatic crisis. But the demands are insanely extreme that if Qatar agrees, it would be as good as surrendering the small kingdom’s sovereignty to the big bully Saudi. Perhaps that’s what Saudi tries to do – […]
... written on Jun 23 2017As predicted by technical charts, oil is toast, as the crude sank more than 2% on Tuesday. West Texas Intermediate (WTI) crude oil futures ended Tuesday’s session at US$43.23, down 97 cents, the weakest settlement since Sept. 16. At US$43 a barrel, that would be its 9-month closing low, not to mention the lowest of the year […]
... written on Jun 21 2017With the price of West Texas Intermediate (WTI) crude trading at below US$45 a barrel, OPEC has gone bonkers all over the Middle East. That’s because the oil is less than two bucks away from US$42, a very critical support level. The commodity had tried breaching that level slightly more than a month ago on […]
... written on Jun 15 2017
