Finance and Economy
As we’re stepping into New Year 2015 tomorrow, holiday shoppers are still pampering themselves with new smartphones. As you could probably guess, Apple iPhone, was the most popular gift choice over Christmas week. Based on new device activations, Flurry Analytics concluded that Apple dominated the top-5 manufacturers, devouring a mind-boggling 51.3%, follows by Samsung (17.7%), […]
... written on Dec 31 2014Is Russian economic meltdown merely a domestic problem? Does it affect other countries as well? Obviously it does, judging by data from Dubai, a popular tourist destination for Russians. According to Dubai Airports, passenger traffic related to Russia plunged 18.2% from a year earlier in November. Cargo volume through Dubai International also dropped 8% from a year earlier in the same […]
... written on Dec 31 2014Just when 30 million Malaysians were enjoying the Christmas and the coming New Year long holidays, disasters strike again. When you thought both MH370 and MH17 incidents were the worse that could happen in a year, it gets worst. With only days before we step into the new year, two more disasters happen. First, the […]
... written on Dec 29 2014As we have promised, there would be more bitching and grumbling about global oil prices ever since Russia got itself deeper and deeper into an economic meltdown. Christmas will not be pretty and fun in Kremlin this year. Under Vladimir Putin’s instruction, Russian central bank has been propping up local currency Ruble in order to […]
... written on Dec 23 2014In the Hollywood film “World War Z”, only two countries have been able to successfully stopped zombies infection. One is Israel, where an intercepted email mentioning zombies had tipped the country, hence built a gigantic wall in Jerusalem to protect the uninfected from the zombies. That was done a full week before the pandemic hit […]
... written on Dec 22 2014Next year will be a very happy year for moviegoers. You’re spoilt for choices, lucky you. There will be tons of blockbuster movies which would gross the US$1 billion mark. Sure, there’ll be a lot of reboots and sequels, but considering the huge success of its original actors and film, chances of success are pretty high. […]
... written on Dec 20 2014Russia is in deep trouble. Vladimir Putin administration is in deep shit. And the country is in panic mode, judging by a surprise announcement just before 1:00 a.m. in Moscow. The Russian central bank unexpectedly raises its key interest rate to 17% from 10.5%, effective today. The move was the largest single increase since 1998, when Russian rates […]
... written on Dec 16 2014Six months ago in June, Crude Oil WTI was traded at above US$105 a barrel. In case you’re wondering, WTI (West Texas Intermediate), is the benchmark for Texas light sweet oil. About 6-months later today, the same crude oil is trading at US$57.50 (as of time this article is being drafted), losing more than 45% […]
... written on Dec 15 2014Denmark is one of the top countries to retire. We suppose you already knew that. Denmark also consistently tops international rankings as the happiest nation in the world. And the reason why the Danes are so happy has something to do with the genes, as revealed by the University of Warwick recently. In a nutshell, […]
... written on Dec 12 2014Soon, courier services will be out of business and their employees will be out of job. That’s because Amazon, U.S. largest Internet-based company, will deploy thousands of drones in delivery service. Amazon announced proposals for a drone delivery service called Amazon Prime Air in December 2013. The company’s supremo – Jeff Bezos – wants to […]
... written on Dec 10 2014
