Finance and Economy
Wall Street, the world’s largest stock exchange, is where you need to visit at least once in your lifetime to feel and experience the true meaning of money making. Every day, hundreds of billions of dollars changes hands. It could be due to this powerful influence that Ahmed Mohammed got inspired. Ahmed, a food cart […]
... written on May 21 2015Are you a proud private jet owner who have lots of cash to burn? If yes, does your private jet have private bed or jacuzzi? We bet your jet don’t have a “fireplace”. Yeap, we’re pretty sure your jet don’t have one, even though if you’re the President of the United States flying on Air […]
... written on May 21 2015Up to today, many still think that HSBC is actually a bank which is Chinese-owned, Hong Kong-based, located and headquartered in the small but prosperous financial city. After all, HSBC refers to “HongKong and Shanghai Banking Corporation”. Well, it’s HQ was based in Hong Kong until 1993 before the bank decided to abandon Hong Kong […]
... written on May 20 2015Emperor Najib Razak’s pet project – 1MDB – is getting messier and complicated every day. What was supposed to be a straight forward profiteering project has turned into the biggest plundering scandal in the history of the country. Malaysian Prime Minister Najib has also started his counter attack against critics, especially former prime minister Mahathir Mohamad. […]
... written on May 18 2015Cash is King, goes the powerful saying, which is still true today. Soon, we may enter a new dimension, whereby money in terms of cash will be made “illegal”. Here’s why cash is horrible – it’s dirty because a U.S. study found 3,000 types of bacteria on bank notes. Cash is easily torn, not to […]
... written on May 14 2015The Big Mac index was invented by “The Economist” in 1986 as a creative way of measuring purchasing power parity (PPP) between two currencies. Using McDonald’s Big Mac hamburger as the index, it provides a fun way of telling if a currency is undervalued or otherwise. For example, the average price of a Big Mac […]
... written on May 13 2015With Russia still struggling after the collapse of oil prices, Putin administration needs to keep his people happy while feeding his expanding military forces. Although the oil prices have recovered ever since, it’s still too far away from the peak of US$110 a barrel. Putin wants his people to forget about the economic problem – […]
... written on May 12 2015By-elections for Rompin and Permatang Pauh have come and gone. As expected, both winners and losers claimed they didn’t lose, literally speaking. Barisan Nasional “Taikors” who retains Rompin seat said the results are positive to them. Pakatan Rakyat “Taikors” who retains Permatang Pauh seat said the results means Malaysian Tsunami is coming. Nobody admits that the results […]
... written on May 09 2015The rivalry between Barcelona’s Lionel Messi and Real Madrid’s Cristiano Ronaldo has dominated the back-page headlines across the world for as long as soccer fans can remember. Both players are regarded as the best players of all time in the world of soccer. They are so good that you can bet your last penny that each of them will […]
... written on May 07 2015Oil is back!! Oil is going bonkers!! Oil is going through the roof!! West Texas Intermediate (WTI) keeps hitting new high almost everyday since mid-April this year. From the low of US$42 a barrel, it’s now trading at US$60.86 a barrel. That’s roughly 43% rally in less than 2-months. Still, nobody dares to say the […]
... written on May 06 2015
