Investing & Trading
After Indonesian budget airline Lion Air Flight 610 crashed on Oct 29, 2018, killing 189 people, the Federal Aviation Administration (FAA) scrambled to investigate. The air safety regulator did nothing until a second crash involving Ethiopian Airlines Flight 302 on Mar 10, 2019, killing all 157 people on board, including passengers from 35 nations. By […]
... written on Dec 13 2019Oil giant Saudi Aramco priced its IPO (initial public offering) at 32 riyals (US$8.53) per share last Thursday, marking the biggest share listing in history – beating Alibaba’s record US$25 billion listing in 2014. In essence, Aramco will become the world’s most valuable publicly traded company. Still, the IPO fell short of Saudi Crown Prince’s […]
... written on Dec 10 2019As part of the ongoing trade war with China, Donald Trump thought it would be a great idea to start a tech war with the Chinese as well. It would put tremendous pressure on President Xi Jinping to negotiate and surrender to the terms to be dictated by the United States. The target – Huawei […]
... written on Dec 04 2019It is not as easy as people think to start a business. The very first steps taken dictate failure or success. Also, there is a huge pressure put on the shoulders of the owner that can easily lead to poor decisions. Then, we also have to factor in the fact that there is no such […]
... written on Nov 27 2019Would you find surprising to learn that 75% of businesses are underinsured? What’s more, 40% of the total of small businesses don’t have any insurance. Some entrepreneurs choose not to insure their businesses because they try to save money, but they don’t know that in the long run its lack leads to higher expenses. […]
... written on Nov 19 2019Investors, speculators and punters were cheering as the U.S. stocks hit fresh record highs on Friday on hopes for a US-China trade deal despite mixed economic data. The Dow Jones Industrial Average (DJIA) holds above 28,000 points on Monday, after the index hit the level for the first time after posting a fourth straight week of […]
... written on Nov 19 2019Congrats Mahathir – PPBM Humiliated And Lost Tanjung Piai After Angry Chinese Taught The PM A Lesson
More than 3 weeks ago (Oct 21), FinanceTwitter had already predicted a humiliating defeat for Prime Minister Mahathir Mohamad in the Tanjung Piai by-election (click here to read the article). The official result is out – opposition Barisan Nasional has beaten Pakatan Harapan with a jaw-dropping majority of 15,086 votes. Clearly, that’s a huge slap […]
... written on Nov 17 2019Aramco is the world’s largest oil company. It is also currently the most profitable company in the world, and based on the 2019 listing by Fortune, the company’s profitability is almost double that of Apple. As a private organization that produces about 10% of the world’s crude oil, Aramco’s revenue for the financial year 2018 was […]
... written on Nov 15 2019Some 6 months after Trump administration officially banned Huawei, the Chinese tech company is still alive and kicking. Even though the war is not over, the battle has been well fought. During this period, key U.S. components and software like Google’s Android operating system, Synopsys’ semiconductor design tools and Skyworks’ radio frequency chips remain unreachable to Huawei. […]
... written on Nov 12 2019Huawei founder and CEO Ren Zhengfei once predicted the Chinese tech giant would be hit so badly by the U.S. ban that it could earn US$30 billion less revenue for the year. That amount was later reduced to US$10 billion. On Tuesday (Nov 5), some five months after Mr. Ren first made the shocking prediction, […]
... written on Nov 06 2019
