Finance and Economy
Najib Razak, the disgraced former Malaysian prime minister who has been sentenced to 12 years in prison and fined RM210 million after he was found guilty of all charges of abuse of power, criminal breach of trust (CBT), and money laundering in the 1MDB scandal, had infamously pledged to bathe the “Keris (Malay dagger)” with Chinese blood. […]
... written on Oct 27 2021Britain rolled out its vaccination program much earlier than other countries in the Europe. Yet, Covid-19 infections in the country have been rising in recent weeks, so much so it hit more than 50,000 cases on Thursday (Oct 21). Something is terribly wrong in the U.K. as it was only on July 19 that Britons […]
... written on Oct 24 2021Google says the Malay word “Timah” means “tin”, a chemical metal or an element with a symbol of “Sn” (Stanum), which any science student will find on the periodic table during their chemistry lesson. The silvery metal, with an atomic number of 50, is resistant to corrosion hence it had become one of the most […]
... written on Oct 21 2021Ghost cities have been in existence in China for at least a decade. The phenomenon was observed and recorded as early as 2006 by writer Wade Shepard. Since then, jaw-dropping photos and videos of these huge urban developments – with empty streets – have gone viral. Today, there is enough empty property or homes in […]
... written on Oct 19 2021Technically, China and the United States are still in a trade war, which was started by former U.S. president Donald Trump. At the same time, the new POTUS – Joe Biden – has started a Cold War with China. To make matters worse, a shortage of coal has forced power cuts at Chinese factories. Yet, […]
... written on Oct 13 2021In a national broadcast on Sunday, Prime Minister Ismail Sabri proudly claimed victory, announcing that Malaysia will allow interstate and overseas travel effective from Monday (Oct 11). However, only 90% of its adult population (along with their children) that have been fully vaccinated will enjoy the freedom, even though those unvaccinated will definitely try their […]
... written on Oct 12 2021West Texas Intermediate (WTI) crude futures, the U.S. oil benchmark, crossed US$80 per barrel on Friday – the highest since November 2014. The Brent crude, the international benchmark, had already breached US$80 mark days ago. And it appears the oil price will continue skyrocket as WTI is on track for its 7 straight gains week, […]
... written on Oct 08 2021Following the collapse of Melaka state government on Monday (Oct 4), Governor Ali Rustam swiftly agreed with Chief Minister Sulaiman Md Ali, who had effectively lost his majority support, to dissolve the state legislative assembly. This means a state election must be held within 60 days. But the way Mr Sulaiman lost his power is […]
... written on Oct 07 2021More than 600 journalists from 150 media outlets in 117 countries were involved in the biggest journalism partnership in history to investigate and uncover financial secrets of 35 current and former world leaders, 336 high-level politicians and public officials in 91 countries. The battalions of journalists had to comb nearly 3 terabytes of data, which […]
... written on Oct 04 2021More than 500,000 people travel across the Johor-Singapore Causeway every day, making it one of the busiest overland border crossings in the region. An average 300,000 Malaysian crossed the border daily to work in Singapore, lured by a favourable exchange rate. At today’s currency rate, it’s like earning Australian dollar (or US dollar in 2013). […]
... written on Sep 28 2021
