Investing & Trading
Aarustralia’s A$14 billion coal industry is expected to be affected with an export ban to China and a terribly upset Prime Minister Scott Morrison said the decision by Beijing would be a “lose-lose” for the environment and trading relationship. Morrison argued – “It really is a lose-lose because coal from other countries, compared to Australian […]
... written on Dec 15 2020Britain became the first western country to authorize the use of Covid-19 vaccine developed by Pfizer-BioNTech. The approval granted by the U.K.’s Medicines and Healthcare products Regulatory Agency (MHRA) on December 1 was at lightning speed – just 3 weeks after Pfizer published the first data from its Phase-3 clinical trial. Pfizer claims its vaccine has 95% […]
... written on Dec 03 2020When British pharmaceutical giant AstraZeneca announced on Monday that it too has developed a Covid-19 vaccine, celebration exploded – from the stock markets to lower and middle-income countries. Unlike Pfizer and Moderna’s effectiveness of 95% and 94.5% respectively, AstraZeneca’s vaccine has an average efficacy of 70%. The number may sound inferior. But depending on dosage, the […]
... written on Nov 26 2020Donald Trump has lost his re-election – for real. And he has no one to blame but himself. His messages to the voters – a great economy and an untrustworthy Biden – didn’t work. He had tried to blame the Covid outbreak squarely on China. But the election results clearly showed that while very few […]
... written on Nov 25 2020Following Coronavirus vaccines revealed by Pfizer-BioNTech and Moderna after encouraging late-stage trial results, British pharmaceutical giant AstraZeneca announced on Monday that it too has developed a Covid-19 vaccine. Unlike Pfizer and Moderna’s effectiveness of 95% and 94.5%, respectively, AstraZeneca’s vaccine has an average efficacy of 70%. However, depending on dosage, the latest vaccine’s effectiveness could […]
... written on Nov 23 2020Why don’t poor countries just print more money? Likewise, why can’t the central bank print money and give the free cash to the people who have become jobless or under-employed due to Covid-19 pandemic? Those are excellent questions – if came from a curious kid. But coming from a deputy minister, it could only mean […]
... written on Nov 21 2020Australia was hoping that by signing the China-backed Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, it will automatically fix, or at least improve the country’s strained relations with China. If only it was so easy. It would take more than an insignificant deal like RCEP, of which the direct economic benefits are limited, to […]
... written on Nov 19 2020After American pharmaceutical Pfizer and the German biotech company BioNTech last Monday that they finally had produced the vaccine, which is more than 90% effective against Covid-19, the stock markets around the globe immediate hit the roof. But soon the stock rally fades away as the vaccine is unlikely to arrive to the mass market fast […]
... written on Nov 17 2020After crossing the 270 Electoral College vote threshold needed to claim victory, President-elect Biden appears to have strengthened his grip on Friday (Nov 13) by winning the state of Georgia. Even though North Carolina may go to President Trump, the final result would see Biden’s 306 votes against Trump’s 232. Interestingly, this is the same […]
... written on Nov 15 2020Alibaba has set another new sales record for this year’s annual “Singles Day” shopping spree. The Singles Day, first started in China as a 24-hour shopping event that celebrates people who are not in relationships, has been such a massive success that it makes Black Friday and Cyber Monday in the United States look like […]
... written on Nov 12 2020
