Taxes
Amazon.com is worth a staggering US$800 billion. It became the second company to reach a stock market value of US$1 trillion just weeks after Apple hit the same milestone. Its stock price is above US$1,600 a share. The company’s CEO and founder – Jeff Bezos – is not only the world’s richest man with a net worth […]
... written on Feb 15 2019There is one glaring issue since the arrest of China tech giant Huawei’s CFO by the Canadian authorities on Dec 1, 2018 in Vancouver, Canada, apparently at the request of the U.S. for allegedly breaking U.S. imposed sanctions on Iran. From the beginning, the arrest screams “politically motivated” because American CEOs had committed the same […]
... written on Jan 24 2019Small businesses often require influxes of money at short notice. Sometimes they cannot survive 3 to 4 weeks to secure a traditional business loan. As a small business owner, you may wonder how you can secure a business loan in a matter of days or hours. Fortunately, there are many quicker alternatives to traditional business […]
... written on Jan 22 2019One of the important goals President Donald Trump decided to launch a trade war with China last year was to narrow the trade deficit gap. He promised during his presidential campaign and after he entered the White House that he would seek to reduce massive U.S. trade deficits with China. However, based on the latest […]
... written on Jan 15 2019Apple – America’s first trillion-dollar company – is now worth only US$720 billion. The technology giant recently revised its first quarter sales forecast downward, blaming the global economic slowdown, Trump’s trade war and a slowdown in the Chinese market. CEO Tim Cook should blame the company itself instead for greedily raising the iPhone prices. […]
... written on Jan 13 2019How will the economy be in 2019? Most analysts, economists, bankers and even speculators have the following forecasts – slowdown, bearish, uncertainty and even recession. Even if the world could avoid a recession next year, it will eventually come the subsequent year in 2020. Those who believe in the 10-year cycle, however, think the 2019 […]
... written on Dec 18 2018Dow Jones Industrial Average (DJIA) futures skyrocketed 463 points after the world’s two biggest economies – United States and China – agreed to a ceasefire on their bilateral trade war at the G-20 summit in Argentina. Stocks in Asia, as do commodities like oil and copper, also jumped higher on hopes a possible new China-U.S. […]
... written on Dec 03 2018As President Donald Trump embarks on a record sale of Treasury bills, notes and bonds to pay for its big tax cuts and spending, the United States hopes foreign buyers would scramble to get a chunk of American I.O.U. papers. Sadly, foreign investors appear to give a pass on the U.S. debt securities. And this […]
... written on Nov 28 2018Singapore Prime Minister Lee Hsien Loong suggested on Sunday a general election may be called next year. Calling a general election by 2019, more than a year before his government’s mandate ends in January 2021, means something is brewing for the premier who makes S$2.2 million (US$1.6 million; £1.2 million; RM6.7 million) a year. While […]
... written on Nov 12 2018With less than 6 months since the Pakatan Harapan coalition won stunningly the 14th general election on May 9th, the new government’s “Budget 2019” presented on Friday was equally stunning. Considering they have only a short time to investigate, discover, expose and recover every penny available after looted by the previous government, they have indeed […]
... written on Nov 05 2018
