Finance and Economy
Oil is bullish, and there’s no sign that it is slowing down. Thanks to Donald Trump, the crude oil would only go north. The U.S. president wants to “Make America Great Again”. He also wants China to fix US$347 billion trade deficit that the U.S. is suffering, creating a trade war in the process. He […]
... written on May 01 2018When you’re being investigated by the U.S. Department of Justice, it could only mean two things – you’re in serious trouble or you’re in deep shit. Malaysian Prime Minister Najib Razak found it the hard way when the U.S.-DOJ started its investigation over his link to the 1MDB scandal, involving stolen money of more than […]
... written on Apr 26 2018Their body language says it all. They shook hands, French kissed and touched each other in a manner that only a pair of lovers would normally do. But such a close relationship was displayed during French President Emmanuel Macron’s visit to White House. Heck, there was a moment when U.S. President Donald Trump wiped “dandruff” […]
... written on Apr 25 2018Saudi Arabia is happy with the rise of crude oil prices. The OPEC, Russia and several other producers began to reduce supply in January 2017 in an attempt to erase a glut. The supply-cutting deal involves cutting 1.8 million barrels a day through March 2018, subsequently extended until December 2018. Saudi is looking at US$80 […]
... written on Apr 23 2018China is home to the world’s largest factories. Whatever you can think of, chances are China has the factory for it. Chinese products seem to be everywhere that people no longer ask if the goods they are about to buy is made in China. Unless its military toys such as F-22 Raptor or F-35 Joint Strike […]
... written on Apr 20 2018Enjoy the party while it lasts, as the saying goes. In the case of about 32 million Malaysians, they still have another 3 weeks to enjoy low petrol or fuel price. After 9th May, depending on the global crude oil prices, the whole country could be in a shock as price at stations would show […]
... written on Apr 19 2018Going into any market head on without learning about everything from how to spot opportunities to the best strategies to employ will likely result in disaster. That’s why it’s so important for any new investors to spend time an effort to learn trading and what is best practice, whether on the forex, stocks, commodities or […]
... written on Apr 19 2018Effective today (Wednesday), U.S. companies will be required to put down a 178.6% deposit for sorghum shipments to China. Beijing calls it a “temporary anti-dumping measure”. But every Tom, Dick and Harry knew this is nothing but a slap in the face for Trump administration. This is a warning shot that China refused to be […]
... written on Apr 18 2018Like a broken record, Najib’s paid cybertroopers, propagandists and bloggers are still drumming the same old song – that Chinese-based DAP (Democratic Action Party) is going to rule Malaysia if the ethnic-Malays do not vote for Malay-based UMNO (United Malays National Organisation), Malaysia’s largest political party under the leadership of caretaker prime minister Najib. But […]
... written on Apr 17 2018Business has been roaring for American shale producers. No matter how much and fast they drill, it appears they can’t beat the Arabs, whose production cut works marvellously. Crude oil prices continue skyrocketing with extremely strong support at US$60 a barrel. Global inventories have plunged. OPEC can actually imitate President Trump and says – “Mission […]
... written on Apr 16 2018
