Commodities
Last month, a rare Hermès bag has set a new record for the most expensive handbag ever sold at auction – going for HK$1.72 million (US$221,846; £146,000; RM817,225). The luxury crocodile skin 2014 Hermes Birkin bag, in fuchsia, features 18 karat gold detailing encrusted in real diamonds. Soon, the rich and famous, including shopaholic such as the […]
... written on Jul 29 2015This is not a drill. And certainly not about the spread of Chinese influence around the world, buying everything they can get their hands on, as it prepares to overtake America as the world’s economic superpower. But before they can even think about becoming the global superpower, China needs to learn how to manage a […]
... written on Jul 23 2015The durian harvesting season has started, and everywhere you go in Malaysia, you would be greeted with stalls and vans selling the “king of fruits”. This year, prices for all types of durians, including the top-class “Musang King” (Mao Shan Wang), are at its lowest. The almost ideal weather conditions help in bringing a huge […]
... written on Jul 15 2015Have you watched the two films we recommended about a year ago? Flashback – “Inside Job” and “The Wolf of Wall Street”, released in 2010 and 2013 respectively, are two movies you must watch to understand the reality of financial markets. And in case you’ve missed our previous article, go read about “30 Investing Tips & […]
... written on Jul 02 2015When Singapore was crowned as the world’s most expensive city for a second year roughly three months ago, there weren’t much fireworks in the sky, at least not to the average Singaporeans. After all, with great title, comes great financial insecurity. Hence it wasn’t hard to understand why the people were feeling the pressure instead. […]
... written on Jun 25 2015When a Chinese food inspector, Zhang Tao, from Hunan province opened the door of a compartment, he nearly threw up due to overwhelming stench from meat which could be as old as 40 years. Amazingly, the food had begun to thaw, suggesting that it was getting readied to be served on dinner tables and consumed […]
... written on Jun 24 2015Mahathir Mohamad is perhaps the luckiest person on planet Earth. Besides being the longest-serving Prime Minister of Malaysia, stretching from 1981 to 2003, he also had the luxury experiencing the country’s currency under attack by speculators during the infamous 1997/98 Asia Financial Crisis. Ten years later, during his retirement, he had the second opportunity to see […]
... written on Jun 12 2015Iron rice bowl is a term Chinese used to refer to an occupation with guaranteed job security, with steady income and perks thrown in. The term is also known as “golden rice bowl”. One of the careers that provide such job security is a job with the government of the day. This was true as […]
... written on Jun 10 2015For more than a decade since the September 11 attacks, Americans have been asking if it was their own government who actually staged the brutal mass murders, or it was sponsored and financed by their so-called best friend half way around the world – Saudi Arabia. Until the secrets are unveiled, the blame is on […]
... written on Jun 06 2015With Russia still struggling after the collapse of oil prices, Putin administration needs to keep his people happy while feeding his expanding military forces. Although the oil prices have recovered ever since, it’s still too far away from the peak of US$110 a barrel. Putin wants his people to forget about the economic problem – […]
... written on May 12 2015
