Investing & Trading
There were talks about Trump’s assassination. And there were talks about “dragging and drugging” Clinton to the finish line – by hook or by crook. It doesn’t matter if Hillary Clinton collapses and dies, as long as she wins the November Presidential Election. Vice President Tim Kaine can take over as the new president representing […]
... written on Sep 20 2016Wells Fargo, the biggest U.S. bank by stock market value, was supposed to be one of very few American banks that people can trust. That’s because when the mortgage crisis hit in 2008, Wells Fargo was viewed as one of the good guys. After all, Oracle of Omaha – Warren Buffett – is Wells Fargo’s largest shareholder. […]
... written on Sep 16 2016Top oil producers Saudi Arabia and Russia made a joint statement at the G20 summit in China on Monday aimed at stabilizing crude prices. The joint statement was signed by Russian Energy Minister Alexander Novak and Saudi Energy Minister Khalid al-Falih. That alone should convince you to invest in oil immediately. Have you done that? […]
... written on Sep 06 2016When China set up a new bank – Asian Infrastructure Investment Bank (AIIB) – less than 2 years ago, world superpower United States wasn’t happy about it. The creation of AIIB on 24 October 2014 in Beijing – aims to support the building of infrastructure in the Asia-Pacific region – was seen as rival to World Bank […]
... written on Sep 01 2016Apple has been ordered to pay up to €13 billion (US$14.5 billion; £11 billion; RM58.8 billion) in back taxes, plus interest, to Ireland after the European antitrust regulators ruled that a special scheme hatched between Apple (stock-code: AAPL) and the Irish tax authorities to route profits through Ireland was considered illegal state aid. The commission said Ireland’s […]
... written on Aug 30 2016Worth a staggering US$31.8 billion, Li Ka-shing is the World’s No. 20 richest man on planet Earth, according to Forbes. Although he’s just two notches away from comrade Wang Jianlin, whose wealth is at US$34.4 billion, Mr. Li is still Hong Kong’s richest man. The high school drop-out is also called “Superman” because of his […]
... written on Aug 24 2016Soros doubled his bet against the S&P 500, and owned 2.1 million put options on the SPDR S&P 500 ETF. That was according to the U.S. regulatory filings 13-F back in the first quarter of 2016. In the same filings with the U.S. Securities and Exchange Commission shown on Monday, the billionaire bought another 1.9 million […]
... written on Aug 16 2016The early bird gets the worm – the saying goes. Since an American mobile game developer – Niantic Labs – launched “Pokémon Go” last month, the game has raked in US$200 million (£153 million; RM800 million) in net revenue globally on the App Store and Google Play in its first month – beating popular games such as […]
... written on Aug 11 2016Both are billionaires but it seems Donald Trump and Warren Buffett have huge gap of differences. In fact, both American billionaires couldn’t see eye to eye, so much so that it would be easier to get Trump and Putin play Pokémon Go together than to get Trump and Buffett have a coffee break. Buffett, […]
... written on Aug 10 2016Since December 2008, Malaysia stock market has more than doubled (up 88% in U.S. dollar terms), until a “disaster strikes” the country. In fact, the rally in the Malaysian shares was the world’s longest bull market. Comparing to other stock markets, the KLCI (Kuala Lumpur Composite Index) has gone up the longest without a 20% […]
... written on Aug 06 2016
