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Attending the 33rd ASEAN Summit, Mahathir Mohamad, the world's oldest prime minister has been having fun condemning everyone he does not like - including Myanmar’s Aung San Suu Kyi and US President Donald Trump. But the biggest culprit the 93-year-old Prime Minister of Malaysia has criticised was
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For as long as one can remember, the previous Barisan Nasional government didn't care if smart people decided to pack their bags. There were at least 10,000 Malaysians of various ethnic background migrated to Australia in 2016. In June 2014, there were already a staggering 154,000 Malaysia-born in A
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Singapore Prime Minister Lee Hsien Loong suggested on Sunday a general election may be called next year. Calling a general election by 2019, more than a year before his government's mandate ends in January 2021, means something is brewing for the premier who makes S$2.2 million (US$1.6 million; £1
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Prime Minister Mahathir Mohamad has announced yesterday (Nov 10) that his government would not offer government posts to Mustapa Mohamed, former International Trade and Industry Minister under previous Najib regime and one of UMNO warlords who had jumped ship from the corrupted and racist Malay nati
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WTI Crude prices dropped for a ninth consecutive session on Thursday, essentially falling into a bear market, and it could get worse. In fact, the U.S. oil prices have plunged over the last 5 weeks since early October. And if the U.S. oil benchmark continues to drop like a rock in a "ferocious" bear
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On paper, it appeared Musa Aman could easily reclaim his old job as Sabah Chief Minister. Mr. Musa, who has been charged of pocketing US$63.3 million (RM264 million) as bribes in exchange for logging concession contracts to 16 companies and was slapped with 35 charges, has claimed that his dismissal
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You know Donald Trump is in trouble when the boastful president suddenly said he wished he had taken a softer tone in his first two years as POTUS (President of the United States), just before the Democrats snatch the House of Representative from the Republicans. But it's too late to have regrets as
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Just because he grew his beard to look like a holy Muslim man, doesn't mean Musa Aman can claim innocence under the rule of law. He might escape punishment for his past corruption practice, had he lived in Afghanistan. But under the new government of Pakatan Harapan, his alleged corruption in connec
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For as long as one can remember, Utusan Malaysia, the country's oldest Malay newspaper had been an obedient propaganda machine of the Prime Minister of Malaysia, who happened to be the president of UMNO, the dominant political party calling the shot behind the Barisan Nasional coalition government.
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With less than 6 months since the Pakatan Harapan coalition won stunningly the 14th general election on May 9th, the new government's "Budget 2019" presented on Friday was equally stunning. Considering they have only a short time to investigate, discover, expose and recover every penny available aft
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November 2nd, 2018 by financetwitter
Goldman Sachs, the 149-year-old American investment bank, raised nearly US$6.5 billion in three bond sales between 2012 and 2013 for 1MDB (1Malaysia Development Berhad). More than US$2.5 billion raised from these bonds was misappropriated by high-level 1MDB officials, their relatives and associates, [...]
November 1st, 2018 by financetwitter
Jamal Khashoggi's body has yet to be found. There is a chance that it would never be discovered for obvious reason. Saudi Arabia has refused to reveal the location of the journalist's body despite demands from Turkish President Recep Tayyip Erdogan. To disclose the location of the body would unveil [...]
November 1st, 2018 by financetwitter
Whenever you hear a powerful UMNO warlord from the "north" is involved in some sort of sex scandal, you can bet your last penny the pervert has to be Shahidan Kassim. Formerly Mentri Besar (Chief MInister) of Perlis state, he has finally stepped forward and publicly admitted to being investigated fo [...]
October 31st, 2018 by financetwitter
As the midterm elections approaching fast, President Donald Trump appear to have one last tool to excite his supporters - the white nationalist and conservative movement. And he has proudly declared that he is a nationalist days ago, just in case you're wondering. But what he plans to do next will [...]
October 31st, 2018 by financetwitter
Tommy Thomas was initially rejected as Malaysia's next Attorney General when Prime Minister Mahathir Mohamad proposed his name. Even the "Yang di-Pertuan Agong Sultan Muhammad V (the King)” disagreed with the appointment of the senior lawyer as the country's top legal adviser. The excuse - not onl [...]
October 30th, 2018 by financetwitter
By the end of the trading session on Monday, the Dow Jones Industrial Average (DJIA) had travelled more than 900 points. The Dow fell 245.39 points to 24,442.92, erasing a 352-point gain. The NASDAQ Composite Index plunges to its lowest since April. It was so bad that Amazon.com Inc. founder - Je [...]
October 29th, 2018 by financetwitter
Angela Merkel, who has been Chancellor since 2005, announced on Monday that she would not seek re-election when her term expires in 2021. She said - "This fourth term is my last term as Chancellor of the Federal Republic of Germany. In the next Bundestag election in 2021, I will not run again as Cha [...]
October 29th, 2018 by financetwitter
The interview started with a warm-up question - why did the people of Malaysia decide they wanted a change after 6-decade under Barisan Nasional government. Najib responded by claiming that his regime lost because of first, false promises by the opposition and second, propaganda war unleashed. Perha [...]
October 27th, 2018 by financetwitter
Najib Razak appears to be a step closer to spending years in prison. The ex-prime minister has consistently denied any wrongdoing since the 1MDB scandal erupted in 2015. He has claimed the US$681 million (popularly known by Malaysians as RM2.6 billion) deposited in his personal bank account were a d [...]
October 26th, 2018 by financetwitter
Former premier Najib Razak and former Treasury secretary-general Mohd Irwan Serigar Abdullah were jointly charged with six counts of Criminal Breach of Trust (CBT) involving government funds worth RM6.6 billion yesterday. They were alleged to have committed the offences between Dec 2016 and Dec 201 [...]
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