Finance and Economy
On Feb 21, President Donald Trump unleashed a tweet – “I want 5G, and even 6G, technology in the United States as soon as possible. It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind. There is no reason that we should […]
... written on Sep 26 2019On Sunday night (Sept 22), Thomas Cook suddenly collapsed, leaving 600,000 tourists stranded abroad and putting 21,000 jobs at risk. The 178-year-old British tour operator has issued a statement on Monday (Sept 23), saying that its board “concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect” […]
... written on Sep 24 2019Most 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 2019
