Finance and Economy
On Monday, the Dow plunged 1,031 points. The next day, the stock market continued its losses by closing 879 points lower. In total, the DJIA (Dow Jones Industrial Average) lost nearly 1,900 points as fears over the spread of the Covid-19 coronavirus intensified around the world. Investors scrambled to sell their shares and diverted their money […]
... written on Feb 27 2020Business owners may find issues with cash flow perturb them as revenue and profits. It is defined as the net of cash and its equivalents going in and out of the business. It is generated when you sell goods and services or collect payments from customers in cash. When you have positive cash flow, it […]
... written on Feb 24 2020The world of trading often seems extremely uncertain and overwhelming as there are many factors that traders need to take into consideration. However, as a beginner, there are certain things that you should know before trading in cryptocurrencies. Trading basically explains the tactic of buying when the value is low and selling once the value […]
... written on Feb 22 2020Mahathir, despite his advanced age, is extremely unwilling to let go of his power. The man who practised dictatorial-style leadership and gerrymandering and misused institutional tools to manipulate an electoral process to stay in power for 22 years (from 1981 to 2003) became a prime minister for the second time after he led opposition Pakatan […]
... written on Feb 21 2020A lot of people are trying their luck with different investments in this day and age. They are starting to realize that living from paycheck to paycheck isn’t really a valid option if you want any form of financial security in the future. So, they use whatever money they have and try to generate a […]
... written on Feb 20 2020Unlike the economy of Abu Dhabi, the big brother and richest emirate in the seven-emirate United Arab Emirates (UAE), Dubai’s economy is not directly dependent on oil. Dubai depends heavily on luxury real estate, tourism, logistics, and financial services for revenues. However, Dubai’s economy suffers indirectly when crude oil prices go south. Surprisingly, despite […]
... written on Feb 20 2020Singapore’s economy almost came to a standstill in the second quarter of 2019, thanks largely to the US-China trade war. Its economy grew by merely 0.7% last year, down from 3.1% registered in 2018. In essence, it had been the slowest economic growth since the 2009 (when its economy expanded 0.1%) Great Recession. Still, the country […]
... written on Feb 18 2020During the Oscar last Sunday, Jeff Bezos, Amazon’s founder, was in the epicentre of some naughty jokes. Comedians Steve Martin and Chris Rock mocked Bezos’ jaw-dropping wealth – “He’s got cash. When he writes a check, the bank bounces. Jeff Bezos is so rich, he got divorced and he’s still the richest man in the […]
... written on Feb 14 2020Opposition parties, especially UMNO Malay nationalist party and PAS Islamist party, appear to be still in hallucination. First, they said the new Pakatan Harapan coalition government will be a one-term government. Then, they said Pakatan will not last 1 year. Then, they said the coalition will collapse by the end of 2018. Heck, the people […]
... written on Feb 13 2020As the death toll caused by the infectious Coronavirus continues to rise, the World Health Organization (WHO) has issued a warning that “trolls and conspiracy theories” are jeopardizing the response to the new virus. WHO said misinformation and fake news around the new strain, 2019-nCoV, causes “confusion and spreads fear” to the general public. […]
... written on Feb 12 2020
