Countries
On Sunday (July 7) in Europe, 150-year-old German bank – Deutsche Bank – officially launched its restructuring plan to cut a mind-blowing 18,000 jobs by 2022. By Monday morning (July 8), the entire teams in Deutsche Bank’s Asian operations were told to pack and clear their desks, before their security passes are deactivated as their […]
... written on Jul 08 2019Riza Shahriz Abdul Aziz, the stepson of former Prime Minister Najib Razak, should not look gloomy when he was brought to the Session Court today to be charged. He should do what his stepfather, or what the deputy of his stepfather – Ahmad Zahid Hamidi – did, when they were charged in court. Mr. Riza […]
... written on Jul 05 2019China Tests Anti-Ship Ballistic Missiles In South China Sea – Here’s Why The U.S. Is Extremely Upset
Back in 2015, President Xi Jinping said that China has no intention of militarizing man-made structures in the South China Sea near the Spratly Islands. He assured then-president Barack Obama that the reclaimed islands were not for military purpose. However, the Chinese continue enhancing and equipping man-made islands like Mischief Reef, Subi Reef and Firey […]
... written on Jul 04 2019Does Donald Trump want to kill Huawei or not? After all, it was him who whined, moaned and bitched back in May that the Chinese company was a threat to the U.S. national security. As a result, the Chinese telecom giant was put on a trade blacklist – banning U.S. businesses from selling parts and […]
... written on Jul 02 2019According to language translating website Babbel, Mandarin was the most widely spoken language in the world last year – spoke by 1.2 billion people worldwide. Interestingly, Spanish – not English – is the second-most spoken language, attracting about 400 million speakers. Despite being the “lingua Franca” of business, travel and international relations, English was the third most […]
... written on Jul 01 2019If the United States’ economy is in bad shape due to its trade war with China, how come its stock market has been so bullish lately? The S&P 500 is about to pull off its best first half of a year in at least 10 years and the Dow Jones Industrial Average (DJIA) is enjoying its best June […]
... written on Jun 27 2019US President Donald Trump signed an executive order on Monday that slaps Iran with new economic sanctions. Among those targeted is Iranian Supreme Leader Ayatollah Ali Khamenei. The latest move came on top of actions already taken by the administration in April to cut off all revenues from Iranian oil exports, the lifeblood of the nation’s economy. […]
... written on Jun 25 2019Donald Trump still talks as if his latest tariff hike – from 10% to 25% on US$200 billion worth of Chinese goods – is like money dropping from the sky. The U.S. president continues hoodwinking his supporters that the Americans are winning because as a result of the trade tariffs, China pays US$100 billion to […]
... written on Jun 21 2019Facebook, despite earning US$55.8 billion in 2018, isn’t happy with its profit. Facebook wants to become the Federal Reserve of social media – ability to print money and control the money supply and movement ultimately. Meet Libra, the new digital currency just unveiled by Facebook, scheduled to be launched in the first half of next […]
... written on Jun 18 2019Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor announced at a press conference on Saturday that her highly unpopular extradition bill – which Hongkies called the “Evil Law” – will be “suspended”. She said – “The government has decided to suspend the legislative amendment exercise.” It appeared the 1-million protesters last Sunday had sent shivers […]
... written on Jun 16 2019
