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Last Friday, President Trump declared that the U.S. would slap 25% tariffs on up to US$50 billion worth of Chinese goods. The justification was that the Chinese must be punished for its theft of IP (intellectual property) and other unfair trade practices. Trump warned that his government could impo
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The founder of online retail giant Alibaba is in town. He specifically flew to Malaysia to officially open the company’s first office in Southeast Asia at Bangsar South today. He was also granted an audience with newly inaugurated Prime Minister Mahathir Mohamad, the world's oldest premier at the
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Finance Minister Lim Guan Eng says that another major scandal involving the finance ministry will be revealed soon. Prime Minister Mahathir told The New York Times that his government had already accumulated “enough evidence” to have Najib and his wife, Rosmah Mansor, put on trial. Najib urges p
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When it was revealed that Singapore taxpayers' money - as much as S$20 million - was burned on the U.S-North Korea summit, not many were impressed. About half of the expenses went to security costs. However, Singapore Prime Minister Lee Hsien Loong said - "It is a cost we are willing to pay. It's ou
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Mahathir has announced that the highly controversial and super expensive HSR (high-speed rail) project is being "postponed", not "cancelled". Whether that was a U-turn from a 93-year-old man or was a clever strategy remains to be seen. Assuming it is just a postponement, will Singapore insist of hav
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Kim Jong-Un was supposed to leave Singapore at 2pm on Tuesday, while Donald Trump was scheduled to hold a press conference at 4pm before he departs Singapore around 7pm. In the end, it was the North Korean dictator who appeared to be so in love with Singapore that he left for Pyongyang via an Air C
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As ex-PM Najib Razak visits his father's grave, probably seeking helps, the same way Tengku Razalegh is seeking divine guidance whether he should contest the UMNO presidency or not, Sarawak Barisan Nasional (BN) is suddenly dissolved. Four component parties making up the BN coalition, which suffered
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The "Rocket Man" Kim and his bitter rival "Dotard" Trump have finally met - at Capella Singapore hotel on Sentosa Island. Both North Korean and American leaders stood face-to-face for the first time and against the backdrop of their respective country's flags, Kim Jong-Un and Donald Trump shared a h
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Royal Malaysia Police is one of the most corrupt institutions, if not the most corrupt, in the country. Today's corruption among the police officers in Malaysia is no different from that of Hong Kong in the 1970s. In fact, if you want to arrest all the corrupt Malaysian police officers, there will b
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President Donald Trump did not appear to be listening during some of the trade presentations in Quebec, Canada. Trade dominated the 2-day summit that began on Friday with leaders of Germany, France, Japan, Canada, Britain and Italy returning to the topic repeatedly - simply because "Trump the Menace
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January 24th, 2007 by financetwitter
Florida Rock Industries, Inc. (NYSE: FRK, stock) will announce its' earning tomorrow, Thur Jan-25-2007 AMC. FRK is engaged in three business segments: construction aggregates, concrete products and cement and calcium products. The Company also has an investment in a crushed stone plant in Charlotte [...]
January 24th, 2007 by financetwitter
F5 Networks, Inc. (Nasdaq: FFIV, stock) will announce its' earning today, Wed Jan-24-2007 AMC. F5 Networks is a provider of application delivery networking products that improve the performance, availability and security of applications running on networks that use the Internet protocol (IP). IP tra [...]
January 24th, 2007 by financetwitter
After constipation for almost two months investing Florida Rock Industries, Inc. (NYSE: FRK), I finally found the strength to sell and make some monies in the stock. If you remember, I opened the position for this stock right before its’ earning announcement [ details here ] last quarter which was [...]
January 24th, 2007 by financetwitter
Gambling is perhaps one of the oldest and lucrative businesses in the history of mankind – since thousands of years ago, gambling has been part of the life or culture of Chinese civilization. Macau or Macao which is known as the Monte Carlo of the Orient has a long history of casino business and g [...]
January 23rd, 2007 by financetwitter
Malaysian gaming and resorts conglomerate Genting Group (KLSE : GENTING, stock-code 3182) has finally gained a foothold in the casino business in Macau via a tie-up with gambling mogul Stanley Ho, who in turn will take up a stake in its associated company Star Cruise Ltd (SIN : S21). Star Cruises, a [...]
January 23rd, 2007 by financetwitter
Jetstar, the budget carrier of Australian carrier Qantas Airways Limited (ASX: QAN) said it plans to fly from Sydney to Kuala Lumpur from September onwards – according to AFP today, Jan-23-2007. Subject to regulatory approval, Jetstar will fly three times weekly to the Malaysian city and will laun [...]
January 23rd, 2007 by financetwitter
Bursa Malaysia (KLSE: BURSA, stock-code 1818) chief executive officer Datuk Yusli Mohamed Yusoff today blames local investors for not having faith in Malaysian listed companies when the foreign fund managers are bullish with the Kuala Lumpur Stock Exchange.He noted that foreign institutional investo [...]
January 22nd, 2007 by financetwitter
Michael Bloomberg, the mayor of New York City together with New York Senator Chuck Schumer today expressed their concerns on the possibility of New York losing its position as the world’s leading financial center. According to a study done by McKinsey, New York could lose up to 7 per cent of its m [...]
January 21st, 2007 by financetwitter
Last Friday (Jan-19-2007) the Prime Minister of Malaysia Government, Abdullah Badawi, denied the country has to seek out a US$50bil (RM200bil) loan from overseas to finance the Ninth Malaysia Plan (9MP) stating the country has enough money to fund its national development projects. Abdullah also den [...]
January 21st, 2007 by financetwitter
TMC Life Sciences Bhd (KLSE: TMCLIFE, stock-code 0101) shares closed at its highest ever of RM1.21 after adding 23 sen or 23.47% on Friday, Jan 19 on speculative interest due to rumor that foreign interest is buying into it – said TheEdge. Also a block of 16.83 million TMC Life shares representing [...]
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