Investing & Trading
After President Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports on Thursday, the Dow Jones dropped 724 points. The U.S. DJIA plunged another 425 points on Friday after China strikes back with its own counter-tariff measures. It appeared the markets were sending a message to Trump. […]
... written on Mar 25 2018President Donald Trump, as anticipated, signed an executive memorandum that would impose tariffs on up to US$60 billion in Chinese imports on Thursday. Unlike the earlier tariffs of 25% on steel imports and 10% on aluminium imports signed earlier this month, the latest tariffs are designed to specifically punish China unfair trade practices with the U.S. […]
... written on Mar 23 2018One of the reasons why North America, particularly United States of America, has reigned supreme for nearly a century as the world’s strongest and biggest economy is because of its consumption-based economy. Although some may argue that production, not consumption, is the true source of wealth, U.S.’ consumption-driven society is one of the main contributors. […]
... written on Mar 22 2018From June 2018 Google will ban all online adverts that promote cryptocurrencies and any related content. In the recent announcement, which follows similar action that Facebook took earlier in the year, Google’s other platforms such as YouTube and third-party websites will all be covered by the ban. For cryptocurrency businesses and investors, this is a […]
... written on Mar 22 2018While the concept of investing in tech stocks may seem like a no-brainer in the digital age, this practice continues to polarise opinions among traders and experts alike. While some will point to the notorious dot.com bubble as being indicative of the volatile and unpredictable nature of tech stocks, however, others will highlight considerable […]
... written on Mar 22 2018Toys “R” Us is joining other companies such as Compaq, Enron, Kodak, Pan Am, Lehman Brothers, Woolworth and General Foods – iconic brands that have vanished. Although Toys “R” Us has not officially closed down, at least not yet, they’re as good as dead. Founded in 1948 by Charles P. Lazarus, the brand originally was […]
... written on Mar 18 2018China is not out of the wood yet although President Trump’s order to impose a 25% tariff on steel imports could hardly hurt the Chinese. Under pressure (including that of Gary Cohn’s resignation) that his tariffs would hurt American friends more than its enemies, the U.S. president made some changes and exempted Canada and Mexico by […]
... written on Mar 15 2018Unless you’ve been living under a rock this year, you should know that Saudi billionaire Alwaleed has been released. Prince Alwaleed bin Talal was released in January, more than 2 months after he was taken into custody in a sweeping crackdown on corruption. A senior Saudi official said Alwaleed was freed after he reached a […]
... written on Mar 13 2018On paper, Cohn seemed to be the perfect choice for Trump. The U.S. president called Gary Cohn his “top economic adviser”. That song of praise alone would melt even anti-Trump haters. However, in reality, both Cohn and Trump were just too different in terms of ideology and foreign policy. Hence, the news that Cohn has […]
... written on Mar 07 2018Trump has started World Trade War by imposing a 25% tariff on steel imports and 10% tariff on aluminium imports. Since then, he has been waiting for retaliations – from both friends and foes. So far China, supposedly the biggest culprit who has been accused of dumping the metals on American soil, has declared they do […]
... written on Mar 05 2018
