Investing & Trading
Had Najib Razak won the 14th general election on May 9th, his first foreign visit will most likely be China. He would go there and brag how his Barisan Nasional coalition government had used President Xi Jinping photo on campaign billboard. He would offer Xi to restart the stalled “Bandar Malaysia” project in exchange for […]
... written on May 27 2018Between 2000 and 2007, Moody’s doled out AAA ratings to 30 mortgage-backed securities every day. When the 2008 subprime crisis finally hit the United States, 83% of those first class securities became junk – they were downgraded. The funny part was – Lehman Brothers’ own debt still had an investment grade rating when it filed […]
... written on May 25 2018A few decades ago the only way to invest was through a broker. Due to high costs it only made sense if the amount you wanted to invest was considerably higher compared to the fee you had to pay to the broker. The rise of AI and technology changed this forever when it created robo-advisers. […]
... written on May 24 2018We wish to say “I told you so” again. But to hear it from the horse mouth – Mahathir – is equally satisfying. Yes, Malaysia has already breached the RM1 trillion marks, for the wrong reason. Speaking for the first time to staff of the prime minister’s office, Mahathir revealed the troubling debts accumulated, thanks […]
... written on May 22 2018China has no choice but to agree to fix the problem of trade imbalance between the kingdom with the United States. The trade imbalance, which President Donald Trump calls unfair, hit a record US$375 billion in 2017. After rounds of talks and meeting between both countries, the U.S. and China have agreed to “substantially reduce” […]
... written on May 20 2018Under the leadership of Mahathir Mohamad, the then-opposition Pakatan Harapan, an alliance of 4 parties – DAP (Democratic Action Party), PKR (People’s Justice Party), AMANAH (National Trust Party) and PPBM (Malaysian United Indigenous Party) – had successfully overthrown the arrogant, corrupt and out-of-touch government of Barisan Nasional. What PKR supremo Anwar Ibrahim had failed to achieve in […]
... written on May 13 2018Oil is bullish, and there’s no sign that it is slowing down. Thanks to Donald Trump, the crude oil would only go north. The U.S. president wants to “Make America Great Again”. He also wants China to fix US$347 billion trade deficit that the U.S. is suffering, creating a trade war in the process. He […]
... written on May 01 2018When you’re being investigated by the U.S. Department of Justice, it could only mean two things – you’re in serious trouble or you’re in deep shit. Malaysian Prime Minister Najib Razak found it the hard way when the U.S.-DOJ started its investigation over his link to the 1MDB scandal, involving stolen money of more than […]
... written on Apr 26 2018Their body language says it all. They shook hands, French kissed and touched each other in a manner that only a pair of lovers would normally do. But such a close relationship was displayed during French President Emmanuel Macron’s visit to White House. Heck, there was a moment when U.S. President Donald Trump wiped “dandruff” […]
... written on Apr 25 2018Saudi Arabia is happy with the rise of crude oil prices. The OPEC, Russia and several other producers began to reduce supply in January 2017 in an attempt to erase a glut. The supply-cutting deal involves cutting 1.8 million barrels a day through March 2018, subsequently extended until December 2018. Saudi is looking at US$80 […]
... written on Apr 23 2018
