Investing & Trading
Brent Crude Oil is trading just slightly above US$36 a barrel, forming a resistance-support at US$38-US$36 level. If today is somewhere June-2014, roughly one and a half year ago, and I were to tell you that global oil prices would tumble by 50% to US$60 a barrel; you would probably laugh to your death. Likewise, […]
... written on Jan 01 2016Many think Germany is Europe’s hardest working country and Japan is the champion in Asia while Americans work the longest hour in both North and South America continents. After all, these countries are the wealthiest. Surprisingly, all three of them do not even qualify for the top-10 most hardworking countries on planet Earth. The […]
... written on Dec 29 2015Do you remember what you were doing on June 29, 2006? That was close to 10-year ago and you could probably still schooling. But that was when the Federal Reserve pushed the key rate to 5.25%, for a 17th straight time since June 2004, and the last time before they do it again almost 10-year […]
... written on Dec 19 2015He is the first Portuguese footballer to win three FIFA / Ballons d’Or, and the first player to win four European Golden Shoe awards. In September 2015, he scored his 500th senior career goal for club and country. He has a US$50+ million a year salary (with bonuses) through 2018 and the world’s most popular athlete, with 108 million […]
... written on Dec 18 2015Finally, Federal Reserve Chair Janet Yellen found her spine when she raises rates for the first time since 2006. For as long as one can remember, she has been accused of delaying interest rate hikes – deliberately – to protect big boss President Obama so that businesses could be stretched for survival and unemployment kept […]
... written on Dec 17 2015Next year will be a tough year. Control Risks, the global business risk consultancy, said the year 2016 will be a challenging year for businesses. Published on Monday, its RiskMap highlights the problems – Terrorism, Middle Eastern Instability, Cyber-Risk, Chinese Economy in Transition and European Financial and Political Uncertainties. As Russia flexes its military muscles […]
... written on Dec 15 2015On 3rd Dec, 2014, gasoline was selling as low as US$1.98 in the United States. An Oncue Express station in Oklahoma City was selling the gasoline for US$1.99 a gallon, the first one to drop below US$2 in the U.S. since July 30, 2010. That was roughly about £1.27 or RM6.86 a gallon (3.785 litres). In terms of […]
... written on Dec 13 2015Five months ago, China did the unthinkable – “Yuan Devaluation“. President Xi Jinping was facing multiple problems back then. The Chinese stock market crashed 30% within 3-weeks. His enemy, former leader Jiang Zemin, was plotting against him by systematically selling shares in an attempt to further depress the stock market. China’s economy was virtually going […]
... written on Dec 10 2015Crude oil futures tumbled to their lowest in nearly 7 years on Monday after OPEC failed to address a growing supply glut. Brent and U.S. crude futures fell as much as 6% in reaction to the Organization of the Petroleum Exporting Countries’ (OPEC) policy meeting on Friday which ended without an agreement to lower production. […]
... written on Dec 08 2015He is easily the greatest and bestest daddy on planet Earth, and who wouldn’t want such a nice father after spending such huge money on diamonds for his daughter? Property tycoon Joseph Lau Luen Hung (Chinese: 劉鑾雄) raised US$77 million eyebrows when he bought two expensive rocks at Christie’s and Sotheby’s auctions. First, he spent […]
... written on Nov 13 2015
