Finance and Economy
They’re both billionaires, but their similarities end there. President Donald Trump and investor Warren Buffett are not friends, and chances are they won’t become friends. They’re simply too incompatible. Both Trump and Buffett have very different business philosophy, let alone political belief. Trump is a conservative and nationalist while Buffett is a liberal and globalist. […]
... written on Apr 14 2018When it comes to managing global and cross-border businesses, the management of your supply chain is absolutely crucial. The supply chain, which essentially refers to the numerous processes associated with producing and ultimately distributing a commodity, has a huge bearing on your businesses operational costs and its ability to achieve a viable profit. […]
... written on Apr 13 2018Call it redemption or whatever you like. Taking a page from Malaysian Prime Minister Najib Razak, the Crown Prince of Johor – Tunku Ismail Sultan Ibrahim – shows the meaning of “Cash is King”. Splashing over a million ringgit, the prince received rounds of applause by shoppers at Aeon Mall supermarket in Tebrau City, Johor. […]
... written on Apr 12 2018China currently has just one overseas military base – in the African country of Djibouti. In comparison, United States has 38 “named bases” while maintaining 800 military bases in more than 70 countries and territories abroad. But soon, China might have its second overseas military base, if the plan goes according to the scripts. As the […]
... written on Apr 10 2018Forbes, in its 32nd annual ranking recently showed there are now a record 2,208 billionaires in the world – up from 2,043 in 2017. On average, each of these billionaires possesses a mind-boggling US$4.1 billion. And if you combine the net worth of these 2,208 billionaires, their fortune was in the region of trillions, not […]
... written on Apr 08 2018Calling it “unfair retaliation”, President Donald Trump announced he has instructed the United States Trade Representative to consider US$100 billion in additional tariffs against China. Trump’s latest action is in addition to the 25% tariff on 1,333 Chinese products worth US$50 billion. This means the U.S. is targeting a combined US$150 billion tariffs on China products. […]
... written on Apr 07 2018Less than 24 hours after President Donald Trump unveiled a list of Chinese imports that his administration aims to target, China strikes back with its own tariffs on U.S. products. Trump’s US$50 billion tariffs in Chinese imports cover a staggering 1,300 categories of products, arguably the most aggressive trade war against the Chinese. The slap of 25% […]
... written on Apr 05 2018If there’s a competition for cashless society, Sweden will most likely win the Olympic gold medal hands down, follows by Norway and Denmark. The Scandinavia is the most cashless place on planet Earth. Obviously, they don’t believe cash is king. Instead, they believe cash is horrible and should be banned. Yes, they were so proud […]
... written on Apr 04 2018You don’t want to pick up a fight with Donald Trump if you’re not 100% sure what you’re getting into. In a little more than a year as POTUS, this president has made more enemies than any president in the history of U.S. presidency. On the international stage, he picked up fights with EU, NATO, […]
... written on Apr 03 2018Thanks to Cambridge Analytica scandal, European Union has now found the excuse to regulate Facebook. The data-harvesting scandal has essentially opened the floodgate, presenting a golden opportunity for the EU to contain the growing influence of the world’s largest social media company. Well, don’t blame the EU – it was Zuckerberg’s fault. The co-founder […]
... written on Apr 02 2018
