Investing & Trading
A rare Hermès bag has set a new record for the most expensive handbag ever sold at auction – going for HK$1.72 million (US$221,846; £146,000; RM817,225). The luxury crocodile skin 2014 Hermes Birkin bag, in fuchsia, features 18 karat gold detailing encrusted in real diamonds. The previous most expensive Hermès Birkin was sold for US$203,150 (£133,000; RM748,353) […]
... written on Jun 03 2015As early as end of last year, scientists in Canada had offered explanation for why today’s broiler chickens are so humongous. The best persons to ask are your grandma and grandpa. Ask them if they notice any difference in terms of size the chickens they consumed fifty years ago and now. For the sake […]
... written on Jun 01 2015Horse-trading, money changes hands, contracts finalising, projects reviewing and the list goes on. That’s what is happening now, as the mother of all scandal – 1MDB – about to enter another new month this year. Bets are on the table that by hook or by crook, prime minister Najib Razak and his wife Rosmah Mansor […]
... written on May 26 2015About a week ago, Russian parliament gave “preliminary approval” to legislation that would allow prosecutors to declare foreign and international organizations “undesirable” in Russia and shut them down. Now, it’s official, after President Vladimir Putin signed the bill into law yesterday (May 23). In a nutshell, Putin administration can shut down your businesses whenever they […]
... written on May 24 2015Wall Street, the world’s largest stock exchange, is where you need to visit at least once in your lifetime to feel and experience the true meaning of money making. Every day, hundreds of billions of dollars changes hands. It could be due to this powerful influence that Ahmed Mohammed got inspired. Ahmed, a food cart […]
... written on May 21 2015Up to today, many still think that HSBC is actually a bank which is Chinese-owned, Hong Kong-based, located and headquartered in the small but prosperous financial city. After all, HSBC refers to “HongKong and Shanghai Banking Corporation”. Well, it’s HQ was based in Hong Kong until 1993 before the bank decided to abandon Hong Kong […]
... written on May 20 2015What do these big names have in common – Dato Dr Warren Eu, Lt. General Athiwat Soonpan, Datuk Raymond Chan Boon Siew, Datuk Daniel Tay, Dato Nazifuddin (second son of Prime Minister Najib Razak)? They’re all involved in uFun Group (directly or indirectly), a supposedly superbly successful company with more than 10 offices worldwide and members […]
... written on May 15 2015Oil is back!! Oil is going bonkers!! Oil is going through the roof!! West Texas Intermediate (WTI) keeps hitting new high almost everyday since mid-April this year. From the low of US$42 a barrel, it’s now trading at US$60.86 a barrel. That’s roughly 43% rally in less than 2-months. Still, nobody dares to say the […]
... written on May 06 2015McDonald’s is in trouble, as far as investors and consumers are concerned. Wall Street isn’t lovin’ McDonald’s latest turnaround effort, while consumers aren’t lovin’ McDonald’s boring food. Its shares closed down 1.7% at US$96.13 a pop on Monday. Two months into the job, CEO Steve Easterbrook admits the “urgent” need to “reset” the business. Such […]
... written on May 05 2015Who would have thought Twitter’s quarterly earnings result could leaked, on its own platform? Twitter’s earnings for the first-quarter of the year was bad, but not as horrible as how it was leaked earlier than it’s supposed to be, when Selebrity, a company that provides financial intelligence service, tweeted the results at 3:07 p.m. ET, […]
... written on Apr 29 2015
