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While dirty money or money laundering scheme can be easily made legitimate, the same cannot be said about money plundered or stolen via corruption - especially by politicians. In other words, it's easier for drug dealers to launder their drug money than politicians to legitimatize their ill-gotte
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Earlier this month, the United States imposed tariffs on US$34 billion worth of Chinese imports. President Trump it was a punishment for Chinese theft of IP (intellectual property) and other unfair trade practices. Amusingly, Trump warned China not to retaliate. Immediately on the same day, China di
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We knew the arrogant and ignorant Najib Razak had never imagined he could be defeated. This can be proven from a letter sent to American spy agency CIA by Research Division in the Prime Minister’s Department, saying while the recently concluded 14th general election could be the most tightly conte
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For years, Global Royalty Trading SAL, has been milking awesome profits from Rosmah Mansor, who in turned milked taxpayers money to satisfy her penchant for expensive and exotic jewellery. Global Royalty, a Lebanese jeweller with an outlet in Star Hill Gallery located in the Golden Triangle, Kuala L
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As the Agong (Malaysian King) was set to deliver his opening speech in Parliament on Tuesday (July 17), about 50-100 protesters attempted to march there. Those demonstrators claimed that the Malay Ruler was under siege and has been silenced by the new Pakatan Harapan coalition government. That was,
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There were two big declines in crude prices - last week and on Monday - despite analysts forecast of a decline of 3.622 million barrels in U.S. inventories for the week through July 13. Turns out, a surprise crude oil oversupply of 629,000 barrels in U.S. crude stockpiles occurred, as reported by th
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The name Liew Chin Tong may not ring a bell among Barisan Nasional (BN) coalition ruling government, let alone 32-million Malaysians, before the 14th general election on May 9, 2018. But this was the guy who sent shivers down MCA (Malaysian Chinese Party) spine when he unexpectedly ventured into the
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Commander-in-Chief has become Winker-in-Chief when the U.S. president Donald Trump was caught in what appeared to wink at Russia President Vladimir Putin during their summit in Finland. Sitting about 2-3 feets apart, at the start of their long-awaited summit in Helsinki, both leaders locked eyes be
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What goes around comes around, as the saying goes. For the first time in 61 years, the former Barisan Nasional (BN) coalition ruling government is forced to switch their seats to that belong to the opposition. They had lost their long-held power. Given a choice, they would prefer to call sick and no
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Microsoft co-founder Bill Gates and former U.S. President Barack Obama read and recommended his books. And now this historian has an important lesson to the entire human race on planet Earth - "One thing that history teaches us is that we should never underestimate human stupidity. It's one of the m
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July 16th, 2018 by financetwitter
UMNO, the Malay nationalist party which was defeated in the most shocking and humiliating way one can ever imagine, is in self-denial and self-destruction mode. That's quite sad considering it had been in power for 61 years since independence in 1957. Although many think UMNO deserves to perish for [...]
July 13th, 2018 by financetwitter
We have said this many times and we'll say this again. There are two things that Malaysian Chinese treasure dearly - economy and education. Try taking one of them away and you are asking for trouble. Ex-PM Najib Razak, despite sucking up to President Xi Jinping and bragging about his son's fluency i [...]
July 13th, 2018 by financetwitter
UMNO supreme council member Lokman Noor Adam is under instruction by his boss to create chaos using 3R (Racial, Religious and Royalty) cards. With UMNO accounts being frozen due to investigation over money laundering, the 191 UMNO divisional chiefs nationwide - otherwise known as UMNO Warlords - are [...]
July 12th, 2018 by financetwitter
North Korea slammed what it called the US' "gangster-like mindset" during the denuclearization talks last week. The hermit kingdom has claimed that the "attitude" of the U.S. was regrettable and not in the spirit of the June 12 summit in Singapore between President Donald Trump and North Korean lead [...]
July 12th, 2018 by financetwitter
Jho Low, probably as fat as Rocket Man Kim Jong-un, has again humiliated the Royal Malaysia Police after Macau Secretary for Security Wong Sio Chak confirmed that he had left the gambling city. Low (fullname: Low Taek Jho) might be fat but like Mr. Kim, he's absolutely cunning. He is always one step [...]
July 11th, 2018 by financetwitter
Picking up a stick and uses it as a gun is what young children would usually do. The dramatic play can lead to wonderful learning. It's an important part of early childhood development, as teachers would tell you. With Made-in-China fake plastic guns getting cheaper, it's hard to imagine if kids now [...]
July 10th, 2018 by financetwitter
Turkish President Recep Tayyip Erdogan has named his son-in-law as the country's finance minister after being sworn in to another five-year term, and the financial markets aren't impressed. The country's stock market and currency Lira fell after Berat Albayrak was named as Turkey's Finance Minister [...]
July 10th, 2018 by financetwitter
Trump is perhaps one of the luckiest U.S. presidents. He gets to nominate a judge to the U.S. Supreme Court - twice. And he has nominated 53-year-old Brett Kavanaugh to replace retiring Justice Anthony Kennedy, who often sided with his liberal colleagues on issues such as abortion and LGBT rights. K [...]
July 10th, 2018 by financetwitter
Former Prime Minister Najib Razak is going to spend many years in prison. There's little doubt about it. With overwhelming evidence against him, arguably the world's biggest crook, the global community will be shocked if he somehow walks away scot-free. He has only two options left - to drag the tri [...]
July 9th, 2018 by financetwitter
He was appointed to overseeing the United Kingdom's exit from the European Union. Yet, his boss - Prime Minister Theresa May - was such a weak leader that she was willing to sellout the nation in order not to offend the EU. Brexit Secretary David Davis has dropped a bombshell - quitting the May gove [...]
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