Finance and Economy
Most of the stocks had great earnings in 2019, but not the following ones. When the first-quarter of the earnings season ended, the results were great for many companies. But for some it was a weak period in terms of cash. More than 50% of the organisations in the S&P 500 reported earnings, and 75% […]
... written on Sep 20 2019When Malaysian Prime Minister Mahathir Mohamad meets his Indian counterpart, Narendra Modi, in Russia on Sept 5 ahead of a 3-day Eastern Economic Summit, everyone was wondering if Mr. Modi will raise the issue of Zakir Naik, the controversial Indian Islamic preacher accused of spreading hate speech, laundering money, and funding terrorism by the Indian […]
... written on Sep 19 2019The war between China and the U.S. consists of 2 battlefronts – the trade war and the tech war. The trade war is Trump’s attempt to put an end to intellectual property (IP) thefts and forced technology transfers, not to mention to eliminate the barriers to American companies competing in China, all of which the […]
... written on Sep 13 2019Forget problem-plagued Boeing 737 MAX. It doesn’t look like the “fastest-selling“ airplane in Boeing history would be able to make it to the sky by the end of the year. Even if the Federal Aviation Administration (FAA), the agency that oversees American airspace, gives the green light for the aircraft to take off, most would still be sceptical […]
... written on Sep 12 2019Silly Mahathir has spoken again. The 94-year-old Prime Minister of Malaysia has again mocked and insulted his own community – ethnic Malays – for being lazy (*yawn*). Yes, it’s quite silly repeating the mantra again and again about a disease which he knew how to cure but refuses to prescribe. If he cures the disease, […]
... written on Sep 08 2019Donald Trump has finally admitted that his trade war with China is hurting the stock market, so much so that the Dow Jones Industrial Average (DJIA) would be a whopping 10,000 points higher had he not picked a fight with the Chinese. He said – “If I wanted to do nothing with China, my stock […]
... written on Sep 06 2019A campaign to boycott non-Muslim products, believed to have been quietly unleashed by opposition UMNO Malay nationalist and PAS Islamist parties has spread like wildfire, at least on social media. On the surface, it certainly looks like a declaration of war against the minorities in the country, especially ethnic Chinese whose prowess in the business […]
... written on Sep 04 2019By now, the US-China trade war has entered a stage where it’s almost impossible for either one to surrender. The belief is such that the dispute will continue until at least the 2020 U.S. presidential election. Donald Trump is betting that his get-tough-on-China platform will rally American voters and help him get re-elected for the […]
... written on Sep 03 2019When Boris Johnson became British prime minister on July 24, his biggest problem was obviously the lack of time to negotiate a new deal with the European Union. In comparison, Theresa May had served as the Prime Minister of the United Kingdom from July 2016 to July 2019. She had 3 years, yet failed to […]
... written on Aug 30 2019The duty on crude palm oil was lowered to 40% from 44%, while a tax on the refined variety was cut to 50% from 54% after Indonesia and Malaysia, the top two palm oil producers in the Southeast Asia, sought a reduction in the import tax. Prior to that, India had raised the import tax on crude […]
... written on Aug 28 2019
