Investing & Trading
From KK Super Mart in Malaysia to South Africa bus ticketing service, one cannot help but notice “Alipay” logo, a sign of how far and fast the Chinese – either tourists or workers – have invaded the globe. The Alipay payment method is now accepted in 70 countries across Asia, Australia, New Zealand, Europe, North […]
... written on Jul 30 2018Malaysia Government’s strategic investment fund – Khazanah Nasional Berhad – has announced that all 9 members of its board have resigned. Simply known as KNB by most of its contractors, the mass resignation raised eyebrows due to their undated resignation letters, suggesting that the board of directors were actually “protesting or challenging” Mahathir administration. […]
... written on Jul 30 2018United States registered a sterling GDP growth of 4.1% in the second quarter, arguable its best since 2014. The number matched expectations from economists. Four years ago, Obama saw 4.9% rise in gross domestic product in the third quarter of 2014. Besides the good news, the U.S. Commerce Department revised its first-quarter reading up from 2% […]
... written on Jul 29 2018Investors didn’t see this coming. They called it unprecedented. They were caught with their pants down, so much so that they actually said Facebook didn’t need to give such a weak guidance. Do they expect Facebook to lie? Yes, Facebook warned investors of weakening revenue for the second half of the year, and its stock […]
... written on Jul 26 2018Beijing’s unusual silence over Donald Trump’s latest US$505 billion trade war threat has been mind-boggling. Has President Trump pressed the right button and was right when he declared that trade wars were good and easy to win? It appears so, judging by the lack of retaliation from the Chinese after Trump’s massive US$505 billion tariffs […]
... written on Jul 23 2018A new earning season is here and it will be stretching across July all the reports will inform investment decisions before October. The question is, what do we expect in this season and how will they impact on day to day business decisions? Also, is everyone ready for big surprises that are likely to get […]
... written on Jul 23 2018Earlier this month, the United States imposed tariffs on US$34 billion worth of Chinese imports. President Trump it was a punishment for Chinese theft of IP (intellectual property) and other unfair trade practices. Amusingly, Trump warned China not to retaliate. Immediately on the same day, China did exactly that – slapping taxes on the same […]
... written on Jul 21 2018There were two big declines in crude prices – last week and on Monday – despite analysts forecast of a decline of 3.622 million barrels in U.S. inventories for the week through July 13. Turns out, a surprise crude oil oversupply of 629,000 barrels in U.S. crude stockpiles occurred, as reported by the American Petroleum […]
... written on Jul 18 2018Turkish President Recep Tayyip Erdogan has named his son-in-law as the country’s finance minister after being sworn in to another five-year term, and the financial markets aren’t impressed. The country’s stock market and currency Lira fell after Berat Albayrak was named as Turkey’s Finance Minister on Monday. And it isn’t hard to understand why. […]
... written on Jul 10 2018He was appointed to overseeing the United Kingdom’s exit from the European Union. Yet, his boss – Prime Minister Theresa May – was such a weak leader that she was willing to sellout the nation in order not to offend the EU. Brexit Secretary David Davis has dropped a bombshell – quitting the May government […]
... written on Jul 09 2018
