Patrick is an innovative entrepreneur and a lawyer passionate about cryptocurrencies and the business world. He is the CEO of Novum Global Technologies, a cryptocurrency quantitative trading firm. He understands the business concerns of founders and business people helping them to utilise the legal framework to structure their companies to take advantage of emerging technologies such as the blockchain in order to reach greater heights. His passion for travel, marketing and brand building has led him across careers and continents. He read law at the National University of Singapore and graduated with Honors in the Upper Division and joined one of Singapore’s top law firms, Allen & Gledhill where he was called to the Singapore Bar as an Advocate & Solicitor in 2005. He created Purer Skin, a skincare and inner beauty company which melds the traditional wisdom of ancient Asian ingredients such as Bird's Nest with modern technology. In 2010, his partner and himself successfully raised $589,000 from the National Research Foundation of Singapore under the Prime Minister’s Office. He has played a key role in the growth of Purer Skin from 11 retail points in Singapore to over 755 retail points in Singapore and 2 overseas in less than a year. He taught himself graphic design, coding, website design and video editing to create the Purer Skin brand and finished his training at a leading Digital Media Company.
In a dingy, decrepit apartment in the Ditang residential district in Guangzhou, China, Xioachun Wang watches his favorite YouTube videos, while updating his Facebook profile. Like millions of other Chinese netizens, Wang is using a Virtual Private Network or VPN to circumvent the formidable Great Firewall of China (hint: it’s not made of concrete or steel) to access the web which the rest of the world takes for granted — the free and open web (at least for the most part in Western liberal democracies). But Wang is paranoid. While he wants desperately to get his YouTube fix — there are entire channels devoted to criticizing and condemning the Chinese government, with millions of subscribers — a recent crackdown by Beijing has Chinese netizens, used to passing through the Great Firewall of China at will are now starting to worry when that ease of passage will end.
It wasn’t supposed to be this way.
China is hardly what one would describe of as the epitome of transparency, especially when it comes to issues of economic data and reporting. But a recent move by the People’s Bank of China (PBoC), the Chinese central bank should be cause for concern in the world’s second largest economy. As global markets fell last week on the back of trade war worries as well as a slowdown in Chinese growth, China’s central bank announced that it would inject US$117 billion into the banking system, allowing commercial banks to cut the share of deposits that they must hold in reserve, in an effort to boost lending and halt what some analysts believe may be a far sharper slowdown in economic growth than reported.
For decades, executives at some of the world’s largest chipmakers have enjoyed the lives of corporate fat cats. From business class travel to chauffeured Mercedes-Benz limousine service, these scions of the semiconductor world were riding high on a wave of optimism and global consumption of smartphones hitherto unprecedented and unparalleled. By the way, you can get a wonderful experience by looking at Limo Find. It seems that the party may be ending in the semiconductor-sphere and not just because of the looming trade war between the United States and China, but because of the laws of physics as well.
Of all the table games at casinos, I’ve always had a preference for blackjack — in particular because if you play disciplined basic strategy and count cards and the casino doesn’t use a card shuffling machine but deals from a 6-deck shoe (plus another bunch of rules which I won’t go into detail with), you can get the odds to within 48.5% in favor of the player — meaning the house has its odds whittled down to 1.5% over a disciplined player.