Finance and Economy
Apple has been ordered to pay up to €13 billion (US$14.5 billion; £11 billion; RM58.8 billion) in back taxes, plus interest, to Ireland after the European antitrust regulators ruled that a special scheme hatched between Apple (stock-code: AAPL) and the Irish tax authorities to route profits through Ireland was considered illegal state aid. The commission said Ireland’s […]
... written on Aug 30 2016After more than 2 months Britons voted to leave European Union for real, there’re still tons of people who couldn’t accept the reality. Those who had initially prepared to scream “I told you so” in anticipation of a global economy meltdown due to Brexit are still waiting for the sky to fall. Clearly, they have […]
... written on Aug 30 2016Worth a staggering US$31.8 billion, Li Ka-shing is the World’s No. 20 richest man on planet Earth, according to Forbes. Although he’s just two notches away from comrade Wang Jianlin, whose wealth is at US$34.4 billion, Mr. Li is still Hong Kong’s richest man. The high school drop-out is also called “Superman” because of his […]
... written on Aug 24 2016Soros doubled his bet against the S&P 500, and owned 2.1 million put options on the SPDR S&P 500 ETF. That was according to the U.S. regulatory filings 13-F back in the first quarter of 2016. In the same filings with the U.S. Securities and Exchange Commission shown on Monday, the billionaire bought another 1.9 million […]
... written on Aug 16 2016United States presidential election 2016 is not merely about Donald Trump calling Hillary Clinton of having a “short-circuit in the brain” or Clinton accusing Trump of being unfit to become a president. Regardless of who gets elected to the White House, it would impact American business owners and individuals, one way or another. According […]
... written on Aug 13 2016Malaysia, under Prime Minister Najib Razak’s administration, has entered a new phase of “pariahness” not seen since Independence in 1957. Najib should be congratulated for bringing the country to a new level of “colonisation” through blackmail and corruption. The country is like a piece of tender and juicy wagyu-kobe beef being gobbled up by China […]
... written on Aug 12 2016The early bird gets the worm – the saying goes. Since an American mobile game developer – Niantic Labs – launched “Pokémon Go” last month, the game has raked in US$200 million (£153 million; RM800 million) in net revenue globally on the App Store and Google Play in its first month – beating popular games such as […]
... written on Aug 11 2016Both are billionaires but it seems Donald Trump and Warren Buffett have huge gap of differences. In fact, both American billionaires couldn’t see eye to eye, so much so that it would be easier to get Trump and Putin play Pokémon Go together than to get Trump and Buffett have a coffee break. Buffett, […]
... written on Aug 10 2016Emperor Napoleon once said this – “Let China Sleep, for when the Dragon awakes, she will shake the world.” Today, not only China has awaken, there seems to be very little superpower America can do to stop it from continuously growing. From the perspective of history, China has no intention of ruling the world. It’s pretty […]
... written on Aug 09 2016Since December 2008, Malaysia stock market has more than doubled (up 88% in U.S. dollar terms), until a “disaster strikes” the country. In fact, the rally in the Malaysian shares was the world’s longest bull market. Comparing to other stock markets, the KLCI (Kuala Lumpur Composite Index) has gone up the longest without a 20% […]
... written on Aug 06 2016
