UN Security Council urges continuous dialogue, transparency in DR Congo

The United Nations Security Council has called for continuous dialogue and transparency with all political stakeholders in the Democratic Republic of the Congo (DRC), following the postponement of presidential, parliamentary and provincial elections, until 30 December. source https://news.un.org/feed/view/en/story/2018/12/1029241

Career military man explains how he earns $80,000 a year in passive income

Needless to say, the military probably isn’t the first place millennials look to for inspiration in achieving “FIRE” glory, but they could do worse than Rich Carey when it comes building passive income with minimal effort. source http://www.marketwatch.com/news/story.asp?guid=%7B7BE306AE-F3FE-11E8-B94F-73415E20B1E8%7D&siteid=rss&rss=1

In One Chart: The path to financial independence and retiring early, in one simple chart

There are lots of moving parts to the FIRE movement, but one crucial step toward achieving that coveted status is as easy to understand as it is difficult to execute: Focus on making the gap between your income and spending as wide as possible. source http://www.marketwatch.com/news/story.asp?guid=%7BA9109ADE-FC9F-11E8-BE1C-2C93666A2889%7D&siteid=rss&rss=1

‘Radical savers’ shred trader for backing Suze Orman on needing $5 million to retire

Jared Dillian, strategist at Mauldin Economics and former head of ETF trading at Lehman Bros., made a lot of good points in his recent take on Bloomberg regarding retirement planning entitled, “The ‘radical saving’ trend is based on fantasy.” source http://www.marketwatch.com/news/story.asp?guid=%7BECD1FDCC-E2A4-11E8-AACB-D25BA978757B%7D&siteid=rss&rss=1

Risk of US-China clash in South China Sea worries Philippine firms more than trade war

It’s an uneasy time for Asian nations as the rivalry between China and the United States intensifies and uncertainty hangs on whether they can resolve their trade war beyond the 90-day truce. In this special series the South China Morning Post explores how the China-US rivalry is affecting four countries in Asia. In the final […]

Chinese trade with North Korea drops by over 50 per cent despite thaw in relations

China’s trade with North Korea shrank 52.9 per cent to US$2.2 billion in the period from January to November compared with the previous year, Reuters reported on Sunday. Citing Chinese customs data, the report said imports from North Korea fell by 88.6 per cent to US$191.75 million in the period, while exports to North Korea […]

Mobike founder Hu Weiwei quits chief executive role at China’s leading bike-sharing firm

Hu Weiwei, a co-founder of China’s leading bike-sharing firm Mobike, has resigned as chief executive for “personal reasons”, the company said on Sunday. Hu’s resignation came at a time when China’s bike-sharing business, once regarded as a poster child of China’s online economy, has suffered a number of major blows. Ofo, a major competitor to […]

China renews warning against travelling to Sweden amid ongoing diplomatic row

China has issued a new travel alert warning its citizens about the risks of visiting Sweden, the second such statement in three months, as it continues its diplomatic dispute with Stockholm. The two sides have been at loggerheads over human rights, but the initial flashpoint was an incident in early September when a group of […]

Finance chief Paul Chan hints at fewer sweeteners in 2019-20 Hong Kong budget

Finance minister Paul Chan Mo-po on Sunday hinted there would be fewer sweeteners for cash-strapped Hongkongers in his next budget as “public resources are not unlimited”. Chan moved to temper expectations despite revealing that the government was on track to record another surplus in the 2018-19 financial year. He said hopes were high among the […]

France’s Macron says deeply regrets Trump decision on troops in Syria

French President Emmanuel Macron said on Sunday he deeply regretted U.S. President Donald Trump’s decision to withdraw U.S. troops from Syria. source https://www.reuters.com/article/us-mideast-crisis-syria-macron/frances-macron-says-deeply-regrets-trump-decision-on-troops-in-syria-idUSKCN1OM0EL?feedType=RSS&feedName=worldNews

Man charged with HK$680k conspiracy to bribe HKJC members

https://ift.tt/eA8V8J Comment: It’s been a while since the last one, but with only 200 Voting Members able to nominate new members of the Club, and the incorrect presumption of respectability that membership buys, the system invites corruption. The Club should just sell the available memberships by regular sealed tender and stop trying to act as […]