Articles by Jacob J

Email : editor@ibtimes.sg

US Stock Market Crash: Bloodbath Yet to Come, Nasdaq Forecast to Fall 75%, S&P 500 45%

On Wednesday, the Dow Jones Industrial average plunged more than 1164 points, or 3.6 percent.

14 hours ago

Netflix Cuts 150 Jobs Amid Erosion in Subscriber Numbers, Revenue and Market Value

The company says the job cuts are a direct result of a slump in revenue.

35 hours ago

Netflix

Ukraine Ends Symbolic Siege of Mariupol; Russia Calls it Surrender

More than 500 Ukrainian soldiers remained in underground bunkers in the Mariupol steel plant, denying the Russians full control of the city.

2 days ago

Hong Kong Mulls Blocking Telegram Channel as Part of Crackdown on Doxing - Report

The administration says pro-democracy campaigners are exposing online sensitive personal data of government officials and citizens.

2 days ago

US economy expands 1.4% in fourth quarter; corporate profits fall

Goldman Sachs Chairman Says US Runs Very High Risk of Slipping Into Recession

Blankfein's grim comment came even as the US Federal Reserve continues to raise interest rates to control rising inflation.

3 days ago

Russia Warns of Dire Consequences if Finland and Sweden Join Nato

If Finland and Sweden join NATO, the strength of the western security bloc will go up from 30 to 32.

3 days ago

Musk Loses $39 Billion in Wealth Since Launching Twitter Bid as Tesla Investors Worry About Distractions

Shares in Tesla are down more than 20 percent in the last 30 days and closed at $769 on Friday.

5 days ago

Elon musk

Robinhood Shares in Dramatic Recovery After FTX CEO Sam Bankman-Fried Boosts Stake to 7.6%

A regulatory filing showed Bankman-Fried bought more than 56 million shares worth around $482 million.

6 days ago

Xi Jinping to Step Down; Coup Against Chinese President at CCP Politburo - Report

In 2018, China approved constitutional changes that effectively allowed Xi to remain in power for life.

6 days ago

Elon Musk Serves Up Another Bitter Pill for Twitter's Left Bias; Says Would Overturn Trump Ban

The tech billionaire continues taking on liberal footsoldiers, neo-left activists and Democratic cheerleaders at Twitter.

8 days ago

Elon musk

Xi Jinping Suffers From Brain Aneurysm, Takes Traditional Chinese Medicine to Avoid Surgery - Report

A brain aneurysm is a bulge that takes shape on a weak spot in a blood vessel in the brain.

9 days ago

Singapore Imposes 35% New Tax on Super Wealthy People's Home Purchase Through Trust Route

The government says the home buyers can seek a refund of the additional taxes if the identities of the beneficial owners are revealed.

9 days ago

Iranian Resistance Group Warns Nuclear Talks a Cover, Tehran Aggressively Building Weapon

Ever since former US President Donald Trump withdrew from the nuclear deal, Iran has accelerated its nuclear activities which were barred under the terms of the 2015 deal.

10 days ago

Jared Kushner Facilitates Mega Saudi Arabian Investment in Israel in Historic Step

Jared Kushner's Affinity Partners raised more than $2 billion of its $3 billion investment war chest from Saudi Arabia.

11 days ago

Elon Musk Aims to Boost Twitter Revenue to $26 Billion by 2028; Here's How He Will Do It

Musk aims to raise the annual revenue of Twitter to $26.4 billion by 2028, a huge jump from $5 billion last year.

12 days ago

Elon musk

22 Dead, 60 Injured After Massive Blast Destroys Iconic Hotel in Cuban Capital Havana

Cuba has dismissed the possibility of a terror strike behind the explosion that destroyed the exclusive 9th century building.

13 days ago

Elon Musk Will Assume Role of Twitter CEO After the $44 Billion Takeover Deal Closes - Report

CNBC reported that Musk will not be in the CEO role for more than a few months.

14 days ago

Elon musk

Sensational Draft Reveals US Supreme Court Could Overturn Roe V. Wade Abortion Rights

Justice Samuel Alito penned the draft while four other justices -- Clarence Thomas, Neil Gorsuch, Brett Kavanaugh and Amy Coney -- supported him.

16 days ago

Ukrainian president Zelensky returned to the presidential palace on Monday

Peace Talks Flounder Yet Again; Ukraine Gets Massive Aid, Russia Intensifies Attacks

President Joe Biden has asked Congress to approve $33 billion in new funding, of which more than $20 billion will be in the form of weapons.

19 days ago

Russia Snubs Antonio Guterres; Fires Missiles Into Kyiv After UN Chief's Visit

Loud explosions rang through Kyiv following Guterres' meeting with Zelensky and his visit to the site of massacres on the city's outskirts.

20 days ago

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