Investing & Trading
Unlike 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 2020Malaysian leader Mahathir appears to be a very angry man, or at least he pretends to be one. And when he’s angry, he tends to ask people to resign. In 2008, he asked his own handpicked successor, (former) PM Abdullah Ahmad Badawi to step down from office. Mr. Badawi, who spent most of this time sleeping on […]
... written on Feb 10 2020Thailand, Southeast Asia’s second-largest economy, was on cloud nine last year. Its currency – Thai Baht – was the champion not only among ASEAN countries, but also in Asia. In fact, the currency has been the best performing since 2018 (not only 2019). The currency appreciated a whopping 8% against the US dollar in 2019 […]
... written on Feb 08 2020As the deaths due to Coronavirus hit 427 people with 20,438 confirmed cases, global financial and business markets are increasingly affected by the epidemic. Crude oil is one of the commodities that has taken a serious beating. West Texas Intermediate (WTI) crude futures were trading below US$50 per barrel in late trading Monday – hitting […]
... written on Feb 04 2020Financing your business is an essential step, whatever the stage of your business may be. Whether you’re just starting your business, you’re considering expansion or simply trying to keep your business afloat, you need funds to make this possible. The economy is a dynamic venue, and it can change from time to time. These changes […]
... written on Jan 28 2020Greta Thunberg lectures the world leaders that they are running out of time to fix climate crisis. Speaking at the World Economic Forum (WEF) at Davos, Switzerland, the 17-year-old Swedish climate activist warns that the world is still on fire, despite having spoken about the same climate emergency last year. And she plans to keep […]
... written on Jan 21 2020After a two year trade war, the U.S. and China finally signed a trade deal, popularly known as the “Phase One”. President Donald Trump signed the deal while Vice Premier Liu He signed the agreement on behalf of China. The trade deal came at an interesting time as the House prepared to send articles of […]
... written on Jan 16 2020Since the double crashes involving its bestselling 737 MAX, Boeing has fumbled its response, treating the disasters which killed 346 lives more like typical accidents. As the company continues to struggle to regain the trust of regulators, customers and the public, Boeing has just fired its CEO – Dennis Muilenburg. Boeing said a change in […]
... written on Dec 24 2019
