Finance and Economy
Malaysian Islamic Party (PAS – Parti Islam Se-Malaysia) has started preparing for the next 16th General Election as early as 2024, even though the national polls won’t be due till February 2028. That’s because Prime Minister Anwar Ibrahim could call for a snap election next year (2026). And there’s only one way to win the Iron Throne […]
... written on Jun 09 2025Donald Trump used to believe that trade wars were easy to win, despite warnings from his own American economists and analysts that it will result in higher prices, lower growth, lost jobs and disrupted supply chains. Worse, trade war could spark inflation and recession. But Trump believes he has the formula to prevent an economic […]
... written on Jun 05 2025When BYD sneezes, the entire car industry catches a cold. Already the world’s largest Electric Vehicle (EV) maker, the Chinese “Build Your Dream” dropped a bombshell this week when it announced a sweeping price cut of up to 34%. The move sent shock waves not only in China, but also the world. Stock prices of […]
... written on May 29 2025With nearly a trillion dollars worth of trade last year, U.S. companies exported more than twice to the EU what they sent to China. In 2024, the U.S. imported about US$606 billion in goods from the European Union and exported around US$370 billion. In comparison, U.S. goods imports from China totaled US$438.9 billion, while exports to […]
... written on May 26 2025When Standard & Poor’s (S&P) lowered America’s AAA credit rating on August 5, 2011 after the 2011 debt ceiling crisis, very few thought it would take another 10 years before Fitch became the second major rating agency to do the same in August 2023 – downgraded United States of America’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to […]
... written on May 20 2025After just two days of talks (it was not even a negotiation), an agreement – despite a 90-day validity – has been reached between the United States and China in Switzerland. The best part is President Donald Trump is still waiting for a call from President Xi Jinping. That alone speaks volumes who actually has […]
... written on May 13 2025Desperate for Chinese and Indian votes, former backdoor Prime Minister Muhyiddin Yassin has suddenly shifted his “Malay First” to “Malaysian First” stance to hoodwink non-Malay voters. On the other side, UMNO Youth Chief Akmal Saleh, desperate for Malay votes, has declared he is “Malay First” rather than “Malaysian First” in his attempt to hoodwink the […]
... written on May 08 2025China and Canada might have their own mini trade war going on, where Beijing slapped a 100% tariff on Canadian canola oil, oil cakes and pea imports, and a 25% duty on aquatic products and pork effective March 20, 2025. It was in retaliation for Canadian 100% tariffs on Chinese electric vehicles (EVs) and 25% […]
... written on May 06 2025President Donald Trump’s plate is full with problems. Last year, a survey of more than 150 historians ranked him as the worst President in the 232-year history of the United States – scored 10.92 out of 100. But his supporters, who have yet to see the consequences of Trump’s tariff war against the entire planet, would praise him as […]
... written on May 03 2025Xi Jinping’s refusal to call Donald Trump despite the White House’s begging was not the only thing that shocked the U.S. president. Other world leaders, like Malaysia Prime Minister Anwar Ibrahim, who is still lobbying for his first phone call after the POTUS had calls with almost all leaders in the Southeast Asia except him, […]
... written on May 01 2025
