Federal Reserve Chairman Jerome Powell, speaking during a news conference on May 4 to raise interest rate by 50 basis points, has signalled that the Fed could continue to approve increases of half a percentage point. Investors, however, spooked by earlier speculations that the rate could be up to 75 basis points, did not pay […]
... written on May 10 2022Is the tearful episode involving single mother Loh Siew Hong, whose three children were converted to Islam without her knowledge, over? It appears not, judging by the MAIPS’ (Perlis Islamic Religious and Malay Customs Council) latest intervention to ensure the underage kids remain converted, despite recent court’s decision to award Loh the full custody of […]
... written on Mar 10 2022Mark Zuckerberg thought a rebranding of Facebook to Meta last year as part of its business strategy to becoming a virtual-reality based company, instead of a company tainted with multiple data privacy scandals, could revitalize the social media company. Instead, the company lost a mind-boggling US$251.3 billion in market value in just one day on […]
... written on Feb 04 2022Do you know that the UAE (United Arab Emirates) is the third-richest country in the world, behind Qatar and Luxembourg? Contrary to popular belief that Saudi Arabia was the richest Gulf state in the Middle East, it’s actually Qatar and the UAE that is wealthier. While Saudi has tonnes of oil, Qatar is the world’s […]
... written on Nov 18 2021A Desperate Move To Rebrand Facebook – Here’s The Toxic Reason Zuckerberg Changed Its Name To “Meta”
Facebook is now known as Meta in a rebranding exercise to reflect its expansion into the metaverse, something that exists only in science-fiction books or movies like “The Matrix”. Effectively, Facebook Inc. – the parent company of WhatsApp, Instagram, Messenger and Oculus – is called Meta Platforms Inc. The company is moving towards augmented reality […]
... written on Nov 01 2021The Group of Seven (G-7), popularly known as the club of rich nations, has reached a landmark deal on Saturday to slap at least 15% corporate tax on MNCs (multinational companies or corporations). The global minimum tax rate on company profits will provide a new way of sharing the revenues from taxing the world’s most […]
... written on Jun 06 2021As American colleges struggle financially due to declining enrolments during the Coronavirus pandemic, the Biden administration finally decided on Monday to ease travel restrictions on Chinese and other international students into the United States. Chinese students, whose academic programs begin on August 1, 2021 or later, can enter the U.S. before the start of their […]
... written on Apr 28 2021Former UMNO secretary-general Annuar Musa said he was convinced that the voices of two individuals in a leaked audio recording of a phone conversation are those of Ahmad Zahid Hamidi (UMNO president) and Anwar Ibrahim (PKR president). Claiming that he had listened to the audio clip 10 times, Mr Annuar said – “I am 100% […]
... written on Apr 10 2021Less than a decade ago, people would laugh at the idea of digital currency, popularly known as bitcoin. On Monday, the value of the cryptocurrency market topped US$2 trillion for the first time. According to CoinGecko, which track the values of digital currencies, the market capitalization of the cryptocurrency market has doubled in just over […]
... written on Apr 07 2021For months, we’ve been saying that the backdoor government of Muhyiddin is not only illegitimate and fragile, but also clueless and incompetent. The loosely glued Perikatan Nasional coalition, consisting of three biggest “Malay” political parties – PPBM, UMNO and PAS – successfully snatched power through a coup in March 2020 under the pretext of “Malay […]
... written on Feb 01 2021