Finance and Economy
Trading is challenging because getting things right doesn’t just happen. The following are a few tips that could help you grow in this industry by refining trading. 1. Work on Your Emotions Your emotional state matters when it comes to trading. This may not sound too important, but trading can be quite stressful, and […]
... written on Nov 06 2020China’s stock markets – Shanghai Composite Index, Shenzhen Component Index and tech-heavy ChiNext index – have all gained significantly on Thursday as Democrat Joe Biden appears to be winning the 2020 Presidential Election. Biden is perceived to be less confrontational than Trump in his foreign policy with China, something which is celebrated in Wall Street […]
... written on Nov 05 2020Introduced in 1951, the EPF (Employees Provident Fund) compulsory retirement savings scheme for private sector workers requires employees to contribute 11% of their salaries to their EPF accounts. Employers, on the other hand, contribute the equivalent of 13% of the salaries of employees earning RM5,000 and below, and 12% if wages are above RM5,000. […]
... written on Nov 05 2020Australia’s economy, already plunged into recession in September – its first recession in 30 years since 1991 – continues to register bad news. And it has nothing to do with Covid-19 pandemic. Rather, it’s a self-inflicted economic backlash after Canberra deliberately campaigned for an international inquiry into the origins of the Coronavirus in April which […]
... written on Nov 04 2020Crude oil prices dropped below zero for the first time in history on April 20, 2020. Many were scratching their head in disbelief as the U.S. oil prices turned negative. Others were amused as they watched the deepest fall in demand for the “black gold” in 25 years. It’s not everyday you get to watch crude […]
... written on Nov 02 2020China has decided to impose unspecified sanctions on three American defence contractors – Boeing, Raytheon Technologies and Lockheed Martin. The sanction was taken after the U.S. State Department approved US$1.8 billion in arms sales to Taiwan last week. Also targeted in the sanction included “the US individuals and entities who played an egregious role”. […]
... written on Oct 28 2020You know it was game over for Prime Minister Muhyiddin Yassin when Johor Crown Prince Tunku Ismail Sultan Ibrahim expressed his hope that Malaysia will be saved from threats of those who are greedy and power crazy for their personal interests. It was not a normal daily babbling as the remark was made on the […]
... written on Oct 26 2020A week ago, we published an article about how backdoor Prime Minister Muhyiddin Yassin, in his last resort to cling to power, may use Coronavirus as an excuse to suspend the Parliament to enable him to rule with absolute power (read here). Today (Oct 23), Muhyiddin rushed to Kuantan, Pahang, to meet the Agong (King) […]
... written on Oct 23 2020The IMF has painted a gloomier picture for Asia. On Wednesday (Oct 21), the International Monetary Fund revealed Asia’s economic contraction this year will be worse than previously thought. In its latest Regional Economic Outlook report for Asia and Pacific, the IMF predicts the region’s economy to shrink by 2.2%, worse than an earlier 1.6% contraction […]
... written on Oct 22 2020With just hours before a sudden “government order” goes into effect on Oct 22 for all managerial and supervisory employees to work from home, the already confusing movement control order (CMCO) 2.0 has gotten even more confused. The new condition appears to be introduced hastily on top of the CMCO 2.0, which was introduced on […]
... written on Oct 21 2020
