Archive for May, 2019
Don’t underestimate the power of Trump’s tweets. The U.S. president has shown how the world superpower can destroy the world, or global stock markets to be precise, without launching nuclear missiles. His 102-word tweets erased close to US$2 trillion of the equity markets worldwide after indicating he will hike duties on US$200 billion worth of […]
... written on May 12 2019Najib was practically on cloud nine when he was mobbed by supporters during his campaign in the Semenyih by-election in February. He was advised by his highly-paid marketing guru to visit budget-friendly places like Giant hypermarket. His “Malu Apa Bossku (Why The Shame, Boss)” campaign was a success. For a while, he looked invincible and […]
... written on May 12 2019Stock markets across the world were flabbergasted by President Donald Trump’s tweets on Sunday. Known as the most powerful man on the planet, largely due to the U.S. military power, the post of the U.S. president has brought a new meaning under Trump administration. The U.S. president could easily bring down global stock markets from […]
... written on May 10 2019Huawei’s CFO (Chief Financial Officer), Sabrina Meng Wanzhou, appears to be preparing for a long legal fight against extradition to the United States. The princess of Huawei is ready to move from her C$5 million (US$3.7 million; £2.8 million; RM15.4 million) six-bedroom house to her newly renovated C$13 million (US$9.6 million; £7.4 million; RM40 million) […]
... written on May 10 20191MDB (1Malaysia Development Berhad) was an incredibly complicated and sophisticated Ponzi scheme, a scam spanning across continents – involving Malaysia, Singapore, Luxembourg, United Arab Emirates, Switzerland and United States. It was so massive and scandalous that former US Attorney-General Jeff Sessions called it “the kleptocracy at its worst.” The US Department of Justice investigation […]
... written on May 09 2019How much do you think coffee house Starbucks is willing to pay for an advertisement worth a staggering US$2.3 billion? Fortunately to the Seattle-based coffee company that operates over 30,000 chains worldwide, it was free advertising over the last few days – thanks to “The Last of the Starks” – the fourth episode of “Game […]
... written on May 08 2019Johor Crown Prince Tunku Ismail Sultan Ibrahim should have kept his mouth shut and let the 93-year-old Mahathir completes his premiership. It would be easier to intimidate PM-in-waiting Anwar Ibrahim than PM Mahathir Mohamad, the old political “war horse”. The junior should know that the old man thrives when challenged, especially from the monarchy. […]
... written on May 07 2019The American stock market has been enjoying its bull run, the longest on record, as the risk of recession begins to dissipate. Investors were relieved that the US-China trade war was about to end – until today. The U.S. market benchmark index – S&P 500 – has gained about 309% since bottoming out at 676.53 […]
... written on May 06 2019For a while, people found comfort in Sultan Ibrahim of Johor as the monarch stepped forward to become the hero against tyrants like PM Najib Razak and extreme organizations like JAKIM. Before the notorious Jakim could strike, the sultan had declared that Christmas festival can be celebrated. During the Red Shirts rally, the sultan ordered (Johorean) racists […]
... written on May 05 2019On May 12, 2018, less than 3 days after the stunning defeat of the Barisan Nasional government, an angry crowd of about 100 descended to the Sultan Abdul Aziz Shah airport in Subang (popularly known as the Subang Airport) after reports exploded that former Prime Minister Najib Razak and his wife Rosmah Mansor were about […]
... written on May 03 2019