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Finance and Economy

Congrats Mahathir – PPBM Humiliated And Lost Tanjung Piai After Angry Chinese Taught The PM A Lesson

More than 3 weeks ago (Oct 21), FinanceTwitter had already predicted a humiliating defeat for Prime Minister Mahathir Mohamad in the Tanjung Piai by-election (click here to read the article). The official result is out – opposition Barisan Nasional has beaten Pakatan Harapan with a jaw-dropping majority of 15,086 votes. Clearly, that’s a huge slap […]

... written on Nov 17 2019

Saudi Arabia Is Running Out Of Money, Badly Needs Aramco IPO – But The Company Has Extraordinary Risks

Aramco is the world’s largest oil company. It is also currently the most profitable company in the world, and based on the 2019 listing by Fortune, the company’s profitability is almost double that of Apple. As a private organization that produces about 10% of the world’s crude oil, Aramco’s revenue for the financial year 2018 was […]

... written on Nov 15 2019

2 Billion Yuan Jackpot – Huawei To Reward Its 194,000 Staff With Mega Bonus & Double October Salary

Some 6 months after Trump administration officially banned Huawei, the Chinese tech company is still alive and kicking. Even though the war is not over, the battle has been well fought. During this period, key U.S. components and software like Google’s Android operating system, Synopsys’ semiconductor design tools and Skyworks’ radio frequency chips remain unreachable to Huawei.   […]

... written on Nov 12 2019

The U.S. Downgrades Malaysia Air Safety Rating – Here’s Why It’s More Damaging Than You Thought

Malaysia has now joined the likes of Bangladesh, Ghana, Costa Rica and neighbour Thailand after the U.S. Federal Aviation Administration (FAA) unexpectedly downgraded the country’s air safety rating to Category-2. Effectively, airlines from the Southeast Asian nation are not allowed to add new flights to the United States, according to the U.S. Department of Transportation. […]

... written on Nov 12 2019

Sued Over Unpaid Family Holidays – Azmin Is Like Najib’s In-Law Maira Who Refused To Pay Her Hermes Handbags

Economic Affairs Minister Mohamed Azmin Ali said today that he will settle debt owed to a travel agency, if there are outstanding bills. His statement was an admission that he and his families had indeed travelled with “YHA Travel & Tours” but refused to pay, otherwise he would publicly deny – even condemn or threaten to […]

... written on Nov 07 2019

Unstoppable!! – Huawei Expects Smartphone To Grow 20% In 2020 Even With Trump Blacklisting In Place

Huawei founder and CEO Ren Zhengfei once predicted the Chinese tech giant would be hit so badly by the U.S. ban that it could earn US$30 billion less revenue for the year. That amount was later reduced to US$10 billion. On Tuesday (Nov 5), some five months after Mr. Ren first made the shocking prediction, […]

... written on Nov 06 2019

Mahathir Frustrated The World’s Largest Trade Deal RCEP Fails Again – Here’s Why India Spoils The Party

Malaysian Prime Minister Mahathir Mohamad has expressed his disappointment over the failure of Regional Comprehensive Economic Partnership (RCEP). Despite 7 years of negotiations since it was first formally launched in November 2012 at the ASEAN Summit in Cambodia, the proposed free trade agreement has failed to reach consensus – again.   “We are very disappointed. […]

... written on Nov 04 2019

The U.S. Debt Breaches $23 Trillion For The First Time In History – More Than 7 Times Of China’s Foreign Reserves

Admiral Michael Mullen, former chairman of the Joint Chiefs of Staff, once said – “The most significant threat to our national security is our debt. He commented that back in 2010, when the federal debt totalled US$13 trillion. Nine years later today, Donald Trump has taken over from Barack Obama. But the debt continues its […]

... written on Nov 02 2019

A Panicked Mahathir Now Fears Trade Sanctions After India Plans To Boycott Malaysian Products

For months, Mahathir Mohamad had been enjoying himself – bashing and condemning everyone and every country he didn’t like, as if the world revolves around him. He has slammed the U.S., Hong Kong, India, Israel, Singapore and even Myanmar. In the process, he has insulted the Hindus, Chinese, Jews, Americans and practically everyone who was […]

... written on Oct 22 2019

Smart Ways In Finding The Most Competitive Deal For Your Business Energy

A lot of small businesses are looking for different ways to cut down on their energy bills. The concept makes a lot of sense as the lower your energy bills are, the more profit you can make. Thanks to today’s technologies and green energy alternatives, it’s become possible to come across numerous methods that can […]

... written on Oct 19 2019









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