Finance and Economy
Due to obsession over Donald Trump’s meteoric rise in his run for President of the United States 2016, suddenly very little attention was paid to President Barack Hussein Obama. There was one particular interview in this month’s edition of the Atlantic magazine between Obama and Jeffrey Goldberg which is of utmost interest. Columnist Goldberg wrote the […]
... written on Mar 20 2016There were some cheers when crude oil prices started moving north from below US$30 a barrel. It didn’t go any further than US$40 a barrel and has now retreated to below the figure. Nevertheless, nobody believes it could skyrocket at the same momentum it had tumbled though. And Moody’s isn’t impressed despite the jump from […]
... written on Mar 16 2016President of the United States isn’t the most powerful man in America. Mainstream media is. The media can literally break or make a new president, or so they thought. Donald Trump’s entry into the presidential race changes everything and has gotten not only the Republicans and Democrats but also the mainstream media to an unfamiliar […]
... written on Mar 16 2016There’s nothing much to elaborate here. The title of this article is self-explanatory. The Wall Street Journal’s latest bombshell is to tell all and sundry two things. First, someone from the Bank Negara Malaysia (Malaysia Central Bank) is super pissed that a “wolf” is about to be appointed as the most powerful person in the […]
... written on Mar 13 2016When Apple Pay was introduced back in Oct 2014, many were sceptical. Today, 16-month later, the scepticism remains. However, ExxonMobil may be able to change that with its newly launched service – pay for your fuel at any of its 6,000 gas stations using Apple Pay – starting today. Well, actually, you still need to […]
... written on Mar 09 2016Do scammers have a better success rate targeting illiterate or old people? That’s the public perception due to wide coverage on such group of people being scammed, again and again. But if this 53-year-old man was really a legitimate businessman as what he claims to be, then this is one heck of a scam in […]
... written on Mar 07 2016Just like a salesman desperately wanted to meet his quarterly sales quota, or else risk being axed, the same can be said about Prime Minister Najib Razak. While the salesman needs P.O. (purchase order) from customers to justify his existence, Najib needs document from Saudi royal family to justify that the controversial RM2.6 billion was […]
... written on Mar 06 2016During its peak, the Daesh (ISIL, ISIS, Islamic State) was the world’s wealthiest terror group. When it captured the city of Mosul, the group was flushed with 500 billion dinars (US$452 million; £320 million; RM1.86 billion) kept in the Iraqi city’s central bank. They were also reportedly made off with a large amount of gold […]
... written on Mar 03 2016Effective Dec 2014, Malaysia scrapped decades-old fuel subsidy and the prices of RON-95, RON-97 petrol and diesel have been based on a “managed float system”. It’s been 15 months now since the implementation and so far so good. Malaysians can proudly say they can survive without subsidy, even though the (subsidy) money came from taxpayers […]
... written on Mar 02 2016Warren Buffett has just published his latest annual letter to shareholders. Why should you care, you may ask yourself. After all, you didn’t own and perhaps will never own Berkshire Hathaway stock. At roughly US$200,000 (£144,434; RM842,568) a share, perhaps it’s impossible for you to afford even “one share” of the company. Still, you […]
... written on Feb 29 2016
