Archive for May, 2015
Up 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 2015Emperor Najib Razak’s pet project – 1MDB – is getting messier and complicated every day. What was supposed to be a straight forward profiteering project has turned into the biggest plundering scandal in the history of the country. Malaysian Prime Minister Najib has also started his counter attack against critics, especially former prime minister Mahathir Mohamad. […]
... written on May 18 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 2015Cash is King, goes the powerful saying, which is still true today. Soon, we may enter a new dimension, whereby money in terms of cash will be made “illegal”. Here’s why cash is horrible – it’s dirty because a U.S. study found 3,000 types of bacteria on bank notes. Cash is easily torn, not to […]
... written on May 14 2015North Korean supremo Kim Jong-Un may not be that good looking and charismatic a leader to lead a country of about 25 million people. But his unpopularity and brutality could easily rival that of his father and even grandfather. His chubbiness, most probably due to consume too much cheese, could easily mislead a first timer […]
... written on May 13 2015The Big Mac index was invented by “The Economist” in 1986 as a creative way of measuring purchasing power parity (PPP) between two currencies. Using McDonald’s Big Mac hamburger as the index, it provides a fun way of telling if a currency is undervalued or otherwise. For example, the average price of a Big Mac […]
... written on May 13 2015With Russia still struggling after the collapse of oil prices, Putin administration needs to keep his people happy while feeding his expanding military forces. Although the oil prices have recovered ever since, it’s still too far away from the peak of US$110 a barrel. Putin wants his people to forget about the economic problem – […]
... written on May 12 2015Four years ago, the notorious terrorist supremo – Osama bin Laden – was killed by United States SEAL teams. The supposedly 40-minute helicopter assault mission on a fortified compound of a US$1 million “mansion” outside of Abbottabad, about an hour’s drive (50 km) from Islamabad, Pakistan, was reportedly not known to the Pakistani government. Sweet – […]
... written on May 12 2015Let’s get real, the biggest mistake committed by Prime Minister Najib Razak was sending Anwar Ibrahim to jail, in his attempt to pacify Godfather Mahathir Mohamad. If only he had spent less time golfing and massaging his gorgeous wife Rosmah, and instead read Chinese historical novel “Romance of the Three Kingdoms”. If only he understood […]
... written on May 11 2015By-elections for Rompin and Permatang Pauh have come and gone. As expected, both winners and losers claimed they didn’t lose, literally speaking. Barisan Nasional “Taikors” who retains Rompin seat said the results are positive to them. Pakatan Rakyat “Taikors” who retains Permatang Pauh seat said the results means Malaysian Tsunami is coming. Nobody admits that the results […]
... written on May 09 2015
