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Grab Holdings Inc. is going public in the United States through a merger with US-based Altimeter Growth Corp. The partnership, which values the Southeast Asian ride-hailing and food delivery giant at a mind-boggling US$39.6 billion in market capitalization, will see its stock trade on the Nasdaq Com
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American pharmaceutical Pfizer and the German biotech company BioNTech have announced on 1 April, 2021 that its Coronavirus vaccine was 91.3% effective against Covid-19. The topline results were derived from analysis of 927 confirmed symptomatic cases of the virus observed in their pivotal Phase 3 s
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Former 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 Annu
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Europe's medicines regulator - EMA (European Medicines Agency) - has finally found a possible link between AstraZeneca-Oxford Covid-19 vaccine and severe blood clots in some people who have received doses. In spite of that, the EMA insists that the blood clotting is very rare and says the benefits o
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Less 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 cr
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Big brother - written as "大哥" and pronounced as "Dàgē" or "Taikor" - could mean many things in Chinese. It could mean the elder brother in one's family or the gang leader. One could also use it to appease an immediate boss or superior. You could also call a stranger who is older as "big brothe
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Many people in today's business industries designate their 401k benefit as a retirement. But these plans face exceptional risk with exposure to things like inflation threatening account holder's funds. Without a diverse mix in the portfolio, there's little protection for what you've worked so hard t
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It's now close to a week since UMNO president Ahmad Zahid Hamidi proudly declared that the party will not work with opposition leader Anwar Ibrahim, Democratic Action Party (DAP) or Parti Pribumi Bersatu Malaysia (Bersatu or PPBM) in the next general election. But despite UMNO's thunderous decision
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A week ago, U.S. President Joe Biden said he would prevent China from passing the United States to become the most powerful country in the world. It doesn't matter that history has proven that China had never invaded or colonized other countries or territories, unlike the European colonialism or the
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Something must be wrong on Monday when CDC Director Dr. Rochelle Walensky went off script and made an emotional plea to Americans amid fears of a fourth wave. Speaking during a White House briefing Dr. Walensky said - "We have so much to look forward to, so much promise and potential of where we ar
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March 31st, 2021 by financetwitter
Managing an international business has become quite complicated over the past year due to the world pandemic. Businesses are faced with the challenges of travel and movement, as well as importing and exporting goods at a timely pace. Here are some of the best ways to keep your international business [...]
March 29th, 2021 by financetwitter
Ahmad Zahid Hamidi, the president of the United Malays National Organisation (UMNO), has spoken - the party will not work with opposition leader Anwar Ibrahim, Democratic Action Party (DAP) or Parti Pribumi Bersatu Malaysia (Bersatu or PPBM) in the next general election. He declared - "There are no [...]
March 26th, 2021 by financetwitter
On Friday (March 26), China's Ministry of Commerce announced that import duties between 116.2% and 218.4% will be imposed on Australian wines effective Sunday (March 28). The massive tariffs arrived after the ministry concluded that domestic wine industry had been hurt by the dumping of cheap Aussie [...]
March 25th, 2021 by financetwitter
If you boycott Xinjiang cotton, we'll boycott you - said an internet user. That angry Chinese consumer is just one of 1.4 billion consumers in China who has started a nationwide boycott of Swedish fashion giant H&M. However, the attack against the world's second-largest clothing retailer was fir [...]
March 24th, 2021 by financetwitter
On 10 Nov, 2011, IBM Corp revealed it would invest RM1 billion over a six-year period to build its Global Delivery Centre (GDC) in Cyberjaya. Ramanathan Sathiamutty, managing director for IBM Malaysia, reportedly said the new centre was expected to create 3,000 jobs to service its clients around [...]
March 23rd, 2021 by financetwitter
On Monday (March 22), the United States, United Kingdom, European Union and Canada imposed sanctions on some Chinese officials for human rights abuses in Xinjiang region. The move was part of a coordinated action against Beijing by the U.S. and its allies under newly crowned U.S. President Joe Bid [...]
March 22nd, 2021 by financetwitter
By now, it's safe to say that the fragile and desperate backdoor government of Perikatan Nasional under Muhyiddin regime will most likely lift the current interstate travel restriction in May. This is to allow the Malay Muslims in the country to return to their hometown, otherwise known as "balik ka [...]
March 19th, 2021 by financetwitter
Steven Jenkins should realize that Bruce Lee was born in San Francisco back in 1940. Even though the martial art master died close to 50 years ago, the 39-year-old racist Jenkins should be aware that Chinese-Americans are not necessarily easy meat. When he tried to attack an 76-year-old Chinese gran [...]
March 19th, 2021 by financetwitter
Managing the losing trades is the most critical step in the Forex market. Being a new trader, you might not have the emotional stability to deal with series of losing trades. You will become emotional and try silly things to recover the losses. At times, such actions will help you to cover up the lo [...]
March 18th, 2021 by financetwitter
As U.S. Secretary of State Antony Blinken sought to use his first trip abroad to shore up Asian alliances on Wednesday, he blasted China for using “coercion and aggression” in the South China Sea. Washington accused Beijing of trying to bully neighbours with competing interest. His visit to Japa [...]
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