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Shimon Peres dies at 93 years

Israeli statesman Shimon Peres has died at age 93. He apparently died from a stroke. Shimon Peres  (Hebrew: שמעון פרס‎‎; born Szymon Perski; 2 August 1923 – 28 September 2016) was a Polish-born Israeli statesman. He was the ninth President of Israel from 2007 to 2014....

Hillary has 18mths to live

If this is true, it explains a-lot of things like the lack of appearances, the rushed exit from even the shortest events. When you have little time left, Hillary should spend it at home with her family, and not desperately hunger for power, and jeopardise the...

Asia Infrastructure Investment Bank

Chinese President Xi Jinping launched the new "Asia Infrastructure Investment Bank" (AIIB) in Beijing on the 16th Jan 2016. The AIIB represents a shift in global lending from global banks like the International Monetary Fund (IMF) or the World Bank, as is presents new...

Wall Streets’ Capital Markets are down by 15%

Goldman Sachs said in a note on 22nd Feb 2016, that the first quarter capital markets revenues are down by 15%. This is the weakest in recent history. It looks like that 0.5% increase in US interest rates is having an effect. The banks know its coming, and the number...

Chinese Stock market halted

This is the second time the chinese stock market has halted trading. Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and other APAC stock markets after feeble manufacturing surveys revived concerns over the mainland's economic...

The Dick Smith Heist

So Dick Smith (DSH) has just gone into liquidation after listing in 2013. What happened? Private equity group Anchorage Capital bought Dick Smith from Woolworths in 2012 for an initial payment of just $20m. Anchorage then "dressed the company up to look good for just...

Oil Prices and the Syrian war

Most watch in disbelief as hordes of Middle Eastern migrants enter Europe with little to no resistance from border control. Whereas refugees are normally women and children, these migrants are for the most part young males of fighting age leaving a war zone. That...

Singapore Startup Funding 2015

The 18th edition of TechVenture opens in Singapore today at the Marina Bay Sands convention centre on 21-22 Sep 2015. It is expected to draw more than 1,000 people from the start-up community. In 2014,  there were about 5,400 in the country and they were able to raise...

Grace Poe for Philippine’s President

"I am Grace Poe, a Filipino, a daughter, wife and mother. And with God's grace, I offer myself for the country's highest calling as your President." With these lines closing her presentation, Sen. Mary Grace Sonora Poe-Llamanzares declared her candidacy for President...

Hedge Funds within Hedge Funds

  A growing number of prominent hedge funders are also quietly cordoning off private enclaves within Hedge funds for themselves. These include big-name firms like Eric Mindich, Dan Och and others who have created what are known as single family offices. Not everyone...

Massive Explosion at Tianjin port (China)

A massive explosion rocked the city of Tianjin in the Binhai district at around 11.30pm Wednesday night. The blast was reportedly caused by a shipment of explosives at the container terminal, and shockwaves from the explosion could be felt by residents miles away....

History is catching up for Malaysia

Malaysia’s ongoing currency crash has many causes: a worsening global outlook, plunging commodity prices and, of course, the political scandal enveloping Prime Minister Najib Abdul Razak. But the real culprit is the year 1997. The conventional wisdom is that...

The Debt-Deflation Trap Facing China

At a time of slowing economic growth and massive corporate debts, a deflationary spiral would be China’s worst nightmare. In addition, the risk is mounting. The producer price index (PPI) has been in negative territory for 39 consecutive months, since February 2012....