Investing & Trading
Starting today, anybody can buy China stocks at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each others’ bourses. Called “Stock Connect”, mainland Chinese can now trade shares in Hong Kong for the first time, while foreign investors in Hong Kong are allowed to buy and […]
... written on Nov 17 2014Five giant banks and US$3.3 billion – that’s how many players and the amount of penalty the global regulators are slapping them. In a latest financial scandal – British, American and Swiss regulators have found HSBC, Royal Bank of Scotland (R.B.S.), JPMorgan Chase, Citigroup and UBS guilty of manipulating the foreign currency markets. At stake […]
... written on Nov 12 2014Yesterday, we wrote about the happy and sad consequences as a result of US dollar bull run. Americans are cheering a stronger dollar for a simple reason that their purchasing power will be higher. It will cost them lesser for a vacation in Paris or Bangkok, for example. Since Americans don’t believe in saving, they […]
... written on Nov 05 2014Forget about Islamic State militants, tumbling oil prices, China’s weakening economy, Japan’s recession, Germany’s slowing economic data and whatnot. There’s a new problem which will affect every single country on planet Earth. The US dollar has surged to a four-year high against a basket of currencies, breaching key technical resistance. The index – a mix […]
... written on Nov 04 2014There’s a new bank established to rival the World Bank, but it was boycotted by the world superpower United States and its supporters. The new leader who will control this new “supposedly” Asia bank is none other than China, the emerging biggest economic powerhouse that will give United States a run for their money. And the new […]
... written on Oct 25 2014McDonald’s Corp has just released its third quarter results, and it’s ugly. Its net income tumbled 30% to US$1.07 billion. CEO Don Thompson admitted the company that serves some 70 million customers daily worldwide is having some corporate image problems. Last week, McDonald’s launched a U.S. online campaign called “Our food. Your questions.” and invited […]
... written on Oct 22 2014Despite the infamous “BendGate” and “HairGate” naughty scandals, iPhone 6 and iPhone 6 Plus are the most successful iPhone ever sold in the history of Apple Inc. Haters can say whatever they want about the latest iPhone, but when both latest models pre-orders began on Friday in China, Apple reportedly selling over 1 million units […]
... written on Oct 16 2014What have you done since we published an article about grand-daddy George Soros betting US$2 billion on SPY Puts? If you have been trimming your stock portfolio and take some money off the table, congratulations. If you have done nothing, it’s okay, because by nature you’re just a normal human. You’re no fund manager, let […]
... written on Oct 14 2014Hilton Worldwide Holdings has just sold the famous Waldorf Astoria hotel in New York for a whopping US$1.95 billion (£1.2 billion; RM6.3 billion) to China-based Anbang Insurance Group. That’s a new record in the American hotel industry, if not for the world. Prior to the sale, the most expensive single-hotel deal was the sale of “The […]
... written on Oct 07 2014For a moment, we thought Alibaba could breached the US$100 a share and sent everyone on the trading floor jaw-dropping. But the stock hit its highest at US$99.70, just 30 cents of reaching the 100 bucks mark. On the first day of its listing on NYSE, Jack Ma’s baby was trading between the range of […]
... written on Sep 21 2014
