Articles by Jacob J

Russia Says Ukraine Could Launch Artillery Strike on Zaporozhye Nuclear Power Plant Within Hours

Russia has occupied the Zaporozhye nuclear power plant in southern Ukraine since early March

Aug 18, 2022

Who is Calvin Choi? AMTD Being Probed in Hong Kong After Mysterious Share Boom Made Unknown Banker Asia's Sixth Richest Person

Calvin Choi is now the sole owner of a vehicle that controls 32.5 percent of AMTD Group.

Aug 18, 2022

WTI Crude Plunges on Softening Demand and China Slowdown; Oil Will Drop to $70, Says Moody's

A barrel of West Texas Intermediate was trading at $86.63 on Wednesday.

Aug 17, 2022

Russia Says Ukraine Behind Attack on Kursk Nuclear Site in the Border Region

Also on Tuesday, Russia said armed groups linked to the Ukraine regime set off a series of explosions at an arms depot in Crimea.

Aug 16, 2022

Apple Fires 100 Recruiters Weeks After Reporting Record Quarterly Revenues

The world's most valuable company's net quarterly profit slipped to $19.4 billion in the June quarter from $21.7 billion a year ago.

Aug 16, 2022

Israel Bombs Place Close to Russian Navy Base as it Targets Hezbollah Outposts in Syria

Israel routinely targets positions inside Syria that are believed to be used by the Iran-supported Hezbollah militant outfit.

Aug 15, 2022

China's economy expands 6.7% in Q3, as Govt spending offsets weak exports

Chinese Central Bank Slashes Rates as Economy Unexpectedly Slows

The world's second biggest economy is expected to miss its official growth target this year for the for the first time since 2015.

Aug 15, 2022

Musk to Buy Twitter Eventually? Tech Tycoon Loads Up Cash by Selling $7 Billion Worth of Tesla Shares

Musk has now offloaded $32 billion worth of stock in Tesla in the last 10 months.

Aug 10, 2022

Elon musk

Apple Reports Record Revenue of $83 Billion, Net Profit, Earnings Dip in June Quarter

Revenue from iPhone rose from $39.5 billion to $40.7 billion in the latest quarter, an increase of 3 percent increase from the same time last year.

Jul 29, 2022

N.Korea leader Kim vows nuclear restraint

Kim Jong-un Says North Korea is Prepared to Use Nuclear Weapons Against Washington and Seoul

Kim hit out against the US and South Korea, saying that Washington is 'demonizing' Pyongyang, while Soul leaders 'confrontation maniacs' and 'gangsters

Jul 28, 2022

Federal Reserve Shrugs Off Recession Threat as it Battles Raging Inflation With Another 75 Basis Point Rate Hike

The Fed era; Reserve is in a tight spot, between raging inflation and strong recessionary trends.

Jul 28, 2022

Gas Prices Rise in Europe as Russia's Energy War on the West Escalates

European gas prices rose nearly 2 percent after Russia further reduced gas flows on Nord Stream to Europe.

Jul 27, 2022

Microsoft Shares Soar Despite Reporting Slow Revenue Growth; Says Ukraine War Hurt Earnings

CEO Nadella said in the earnings conference call that Microsoft has landed lucrative Azure deals.

Jul 27, 2022

6.1magnitude earthquake strikes the southern Philippines

Magnitude 7.3 Earthquake Strikes Northern Philippines; At Least Four Dead, 60 Injured

Early reports said the United States Geological Survey did not issue tsunami alert following the Philippines earthquake.

Jul 27, 2022

Europe Braces for Russian Gas Shutdown; Agrees to Drastic Cut in Consumption Until March

EU energy ministers rally around Brussels' call to limit gas consumption and send a message of European unity to Moscow.

Jul 26, 2022

Russia is Now Focused on Deposing Zelensky; Here's What Changed in Ukraine War

Russian Foreign Minister Sergei Lavrov has said the government of Volodymyr Zelensky in Kyiv is an 'unacceptable regime'.

Jul 26, 2022

Ukraine Says It Has Destroyed 50 Russian Ammunition Depots Using HIMARS

According to Lockheed Martin, which makes the HIMARS systems, the weapons is the most technically advanced artillery solution.

Jul 26, 2022

What is Stagflationary Debt Crisis? Nouriel Roubini Warns the Coming Recession Will be Severe

Stagflation happens when slow economic growth is combined with high unemployment.The worsening debt crisis is adding another layer of risk.

Jul 26, 2022

SEBA Bank Plans to Raise Headcount in Singapore and Hong Kong Amid Cryptocurrency Sell-Off

According to TechChrunch, the fintech industry accounted for the largest number of layoffs as of the second quarter of 2022.

Jul 25, 2022

George Soros Funnels Money to Win Back Hispanic Voters for Democrats in US Mid-Terms - Report

The move has come in the backdrop of the strong swing in the traditionally pro-Democrat Hispanic voters in favor of the Republicans.

Jul 25, 2022

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