Countries
There is one glaring issue since the arrest of China tech giant Huawei’s CFO by the Canadian authorities on Dec 1, 2018 in Vancouver, Canada, apparently at the request of the U.S. for allegedly breaking U.S. imposed sanctions on Iran. From the beginning, the arrest screams “politically motivated” because American CEOs had committed the same […]
... written on Jan 24 2019The clock is ticking and the U.S. has finally informed the Canadian government of its intention to proceed with a formal request to extradite Meng Wanzhou, otherwise known as Sabrina Meng or Cathy Meng. The daughter of Huawei’s founder Ren Zhengfei was arrested on Dec 1, 2018 in Vancouver, Canada, while she was transferring flights […]
... written on Jan 23 2019Singapore is a trade-dependent country. The Republic’s growth prospects are closely tied to the outlook for the global economy and trade. On Thursday (Jan 17), it announced a disappointing export number – fell by 8.5% instead of economists’ expectation of a 2% rise in December. That number is the worst decline in more than two years […]
... written on Jan 17 2019Goldman Sachs CEO David Solomon on Wednesday (Jan 16) apologised to the Malaysian people for former banker Tim Leissner’s role in the sovereign wealth fund 1MDB scandal. However, the chief executive cunningly distanced the bank from the scheme, choosing to throw the former partner under the bus instead, as Malaysia filed criminal charges against it […]
... written on Jan 17 2019Robert Lloyd Schellenberg, a Canadian citizen, could stay alive if not for the China-Canada diplomatic hostilities. The 36-year-old former oil worker was detained in Liaoning province in 2014 for trying to smuggle more than 200kg of methamphetamine in China. That’s a huge amount of drugs. Still, he was sentenced to only 15 years in prison and […]
... written on Jan 15 2019One of the important goals President Donald Trump decided to launch a trade war with China last year was to narrow the trade deficit gap. He promised during his presidential campaign and after he entered the White House that he would seek to reduce massive U.S. trade deficits with China. However, based on the latest […]
... written on Jan 15 2019Three Chinese warships arrived in Cambodia on Wednesday on a visit aimed at strengthening already close ties between the two nations. As early as 2016, Cambodia hosted its first major naval joint exercises with Chinese forces. This round, as many as 700 crew members docked at the port of Sihanoukville, also known as “Kampong Som”. […]
... written on Jan 10 2019For years, former Prime Minister Najib Razak had been lying through his teeth about 1MDB financial health. As early as 2015, the crook claimed the sovereign wealth fund 1Malaysia Development Berhad (1MDB) had more assets than liabilities. Amazingly, gullible and ignorant village folks actually believed his simplistic cock and bull story. Like a broken […]
... written on Jan 09 2019In the land of scandals and corruptions, more often than not rumours have the nasty habit of turning out to become facts. After Mahathir Mohamad made the history of becoming not only the world’s oldest prime minister, but also the prime minister for the second time, Malaysians welcome the New Year 2019 with another stunning […]
... written on Jan 07 2019Dell CEO Michael Dell warned in July last year that the U.S. and China face a “mutual assured destruction” if trade relations collapse, adding that “no one will win” a trade war. But judging by Donald Trump and Xi Jinping’s latest antics, losing face is not an option. In denial, the U.S. president even said […]
... written on Jan 03 2019
