Investing & Trading
Muslim pilgrims will have another reason to rejoice when they fly to Saudi Arabia – HSR (high-speed rail). King Salman has just launched the 450km (280-mile) Haramain High-Speed Rail System linking Mecca and Medina – Islam’s two holiest cities – via the Red Sea coastal city of Jeddah on Tuesday. It is one of the […]
... written on Sep 27 2018Emboldened by America’s economic strength and China’s economic slowdown, President Donald Trump has thrown his challenge again by declaring that his administration will impose 10% tariffs on US$200 billion worth of Chinese imports, scheduled to go into effect on September 24th (next Monday). The tax will then skyrocket to 25% beginning January 1st, 2019. […]
... written on Sep 18 2018For the first time, President Xi Jinping attended the Eastern Economic Forum (EEF) in Vladivostok in Russia. It was also the first time a Chinese head of state had attended the EEF, an international forum held each year for the purpose of encouraging foreign investment in the Russian Far East. This is the third meeting between […]
... written on Sep 12 2018Alibaba Group Holding Ltd’s billionaire co-founder Jack Ma has just announced the much awaited succession plan today (10 September). On the same day he celebrates his 54th birthday, Jack Ma announced that CEO (chief executive officer) Daniel Zhang will succeed him as chairman of the board, starting 12 months later on September 10, 2019. What this […]
... written on Sep 10 2018Your retirement is supposed to be a time of peace and relaxation. This is hard to do if you’re constantly worried about money. Many people enter their retirement with debts to pay, and with their loss of a primary income, find these debts harder to pay. If this sounds like you, you’re probably wondering what […]
... written on Sep 08 2018Beggars can’t be choosers. If you understand that then you’ll understand why leaders from 53 African countries happily jetting to Beijing on Monday for the Forum on China-Africa Cooperation (FOCAC). Beijing is considered the Santa Claus, having pumped a staggering US$124 billion into Africa since 2000. And on Monday, China splashed another US$60 billion for the […]
... written on Sep 04 2018As mainland China becomes richer and more powerful, the nation demands recognition to be known as the only country of China, hence the “One China Policy”. They would get pretty mad when being pointed out that there’s another China – the Republic of China (Taiwan). They want the world to finally recognise there’s only one […]
... written on Aug 30 2018Politics 101 – divert attention when you’re hit with domestic issues or personal scandal. That’s what every young and old politician needs to master in order to survive. In the case of U.S. President Donald Trump, and like other presidents before him, the time could be ripe to play to the gallery. While he could […]
... written on Aug 27 2018Mahathir is throwing tantrums again. Like a spoiled little brat, he wants his toy come rain or shine. Until his wish to start a third national car is granted, the 93-year-old prime minister is going to criticise, even insult, the people for being short-sighted. And he has just mocked and insulted the Malaysians – “If […]
... written on Aug 25 2018Despite being the biggest corporate sponsor of overseas travel for Australian politicians, Chinese Telco giant Huawei has failed miserably to convince that they are not a threat to the country down under. China’s Huawei and ZTE have essentially been banned from providing 5G technology equipment to Australia – in the name of national security. […]
... written on Aug 23 2018
