Finance and Economy
Tunku Abdul Rahman, Malaysia’s first prime minister popularly known as the “Father of Independence”, was perhaps the only clean and honest premier the country had ever produced. Tunku is still widely regarded, even by his critics, as the true leader in the multiracial and multi-religious country. Still, he was brought down by enemy using gutter […]
... written on Jun 20 2019Facebook, despite earning US$55.8 billion in 2018, isn’t happy with its profit. Facebook wants to become the Federal Reserve of social media – ability to print money and control the money supply and movement ultimately. Meet Libra, the new digital currency just unveiled by Facebook, scheduled to be launched in the first half of next […]
... written on Jun 18 2019An estimated 1-million people flooded the streets of Hong Kong on Sunday (June 9) in a massive demonstration against what the Hongkies called an “Evil Law”. The controversial extradition law would allow suspects to be sent or extradited from Hong Kong to mainland China for trial. Critics say the new law will undermine the integrity of the city’s […]
... written on Jun 14 2019China just revealed that its overall trade surplus registered US$41.65 billion last month (May 2019) – despite ongoing trade war with the U.S. That’s a mind-boggling number as economists polled by Reuters had expected the country to post an overall trade surplus of only US$20.5 billion. Instead of forecast that both exports and imports would […]
... written on Jun 11 2019Pork prices in China have been hitting the roof thanks to highly contagious African swine fever. Because there is no vaccine or treatment for this disease, the only option is to exterminate the infected pigs. More than 1-million pigs have been slaughtered so far. Between February and April, prices of pork skyrocketed almost 50% within […]
... written on Jun 08 2019Oil prices’ free fall has temporarily stopped – after Saudi Arabia hinted that the OPEC cartel would let its production cut stays for a while. Nevertheless, there has been chaos and panic among oil producing countries in recent days. In just 3 days (Thursday to Monday), the crude oil plunged from above US$70 to below […]
... written on Jun 04 2019Donald Trump believes strongly that “tariff” is his most powerful weapon against China, and other countries for that matter, for refusing to kowtow to the supremacy of America. The weaponization of tariffs was used to the extreme on Chinese goods. When Beijing refused to surrender, the U.S. blacklisted Huawei in an attempt to kill the […]
... written on Jun 02 2019Having a side gig will help you boost your income for sure, but as you anticipate, it will be eating up most of your time. Juggling with a 9 to 5 job and another gig will keep you busy 24/7. So, what solutions do you have here? You can look closer into side income-generating investment […]
... written on May 30 2019Who is Dr Shamsul Anwar Sulaiman? He was the managing director of Ihsan Perdana, a shelf company. The funny thing was despite Dr Shamsul being one of only two shareholders in Ihsan Perdana, his employment contract was not with Ihsan Perdana. So from the beginning, Ihsan Perdana was a perfect company to launder dirty money […]
... written on May 30 2019When Donald Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports in March last year, the U.S. president hadn’t a clue that some dirty business would hit back the Americans. He has been whining and bitching about China’s “unfair” trading practices, intellectual property theft and whatnot. The U.S. has […]
... written on May 29 2019
