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During the climax of 1MDB scandal in 2015, Swiss national Xavier Andre Justo dropped a bombshell. Like any Hollywood spy-thriller films, he was approached by "someone" to change the real story. He was in jail in Thailand, allegedly trying to blackmail his former employer, PetroSaudi, which was entan
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Had Najib Razak won the 14th general election on May 9th, his first foreign visit will most likely be China. He would go there and brag how his Barisan Nasional coalition government had used President Xi Jinping photo on campaign billboard. He would offer Xi to restart the stalled "Bandar Malaysia"
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After weeks of excitement about a potential historical meeting between U.S. President Donald Trump and North Korean Dictator Kim Jong-un, the meeting is finally cancelled. Earlier Thursday, Mr. Trump scrapped the summit with Mr. Kim - originally scheduled to take place June 12 in Singapore - to disc
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Between 2000 and 2007, Moody's doled out AAA ratings to 30 mortgage-backed securities every day. When the 2008 subprime crisis finally hit the United States, 83% of those first class securities became junk - they were downgraded. The funny part was - Lehman Brothers' own debt still had an investment
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A few decades ago the only way to invest was through a broker. Due to high costs it only made sense if the amount you wanted to invest was considerably higher compared to the fee you had to pay to the broker.
The rise of AI and technology changed this forever when it created robo-advisers. These
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Our previous article showed how the disgraced former Prime Minister Najib Razak mismanaged the country and plundered the national coffers to the brink of bankruptcy. After Prime Minister Mahathir Mohamad expressed his displeasure, the new Finance Minister Lim Guan Eng has confirmed that Malaysia is
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We wish to say "I told you so" again. But to hear it from the horse mouth - Mahathir - is equally satisfying. Yes, Malaysia has already breached the RM1 trillion marks, for the wrong reason. Speaking for the first time to staff of the prime minister’s office, Mahathir revealed the troubling debts
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What does Hillary Clinton and Najib Razak has in common? They are terrible sore losers. Back in November 2016, the Reuters / Ipsos States of the Nation project gave Clinton a 90% chance of defeating Trump, seeing her on track to win 303 Electoral College votes out of the 270 needed, to Trump’s 2
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China has no choice but to agree to fix the problem of trade imbalance between the kingdom with the United States. The trade imbalance, which President Donald Trump calls unfair, hit a record US$375 billion in 2017. After rounds of talks and meeting between both countries, the U.S. and China have ag
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Finally, Rosmah Mansor, the so-called ex-FLOM (First Lady of Malaysia), has spoken. Unfortunately, the wife of defeated ex-prime minister Najib Razak has shown - again - that she spoke without putting her thinking cap. At critical moment like now, it's wise that she keep her mouth shut. She should s
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May 11th, 2018 by financetwitter
Mahathir Mohamad has sworn in as Malaysia's 7th Prime Minister, making him not only the oldest prime minister in the world but also the only prime minister who makes a comeback for the second time. After ruling for 22 years between 1981 and 2003, he went into retirement, only to return actively to p [...]
May 11th, 2018 by financetwitter
On the morning of May 10th, just hours after opposition Pakatan Harapan stunningly won the 14th general election, rumours spread like wildfire that the coalition leader Mr. Mahathir Mohamad might not become the country's prime minister after all. The rumours had it that the defeated Mr. Najib Razak [...]
May 10th, 2018 by financetwitter
Over the last decade, there have been numerous technological advancements across various industries. However, the financial industry has gone through a massive transformation that is making traditional business models fight to keep up with the trends.
While the changes in the business landscape m [...]
May 10th, 2018 by financetwitter
When the voters woke up on May 9th (Wednesday), they were on a mission. But they were shocked to find an extraordinary long queue awaiting them. Unlike the 13th general election in 2013, which was already a phenomenal, the queue to cast the votes this round was incredibly long. The writing was on th [...]
May 8th, 2018 by financetwitter
As China plays "tai-chi" with the United States in trade war, the Chinese is leveraging its huge marketplace to get what it wants from foreign companies. While the Middle Kingdom has the largest foreign reserves in the world, there's something which they still couldn't buy - "One-Chine" recognition. [...]
May 7th, 2018 by financetwitter
Sabah and Sarawak, the two East Malaysian states known as Barisan Nasional's fixed deposit, are the kingmakers. There are 31 parliamentary seats in Sarawak and 25 parliamentary seats in Sabah. Altogether, there are 56 parliamentary seats up for grab from these two states alone. That translates to 25 [...]
May 6th, 2018 by financetwitter
Mahathir Mohamad is a "master strategist". Liew Chin Tong is also a "master strategist". Caretaker Prime Minister Najib, on the other hand, is not a thinker, let alone a strategist. Perhaps if Najib had finished his degree at the Nottingham University, UK, he might become a slightly smarter person. [...]
May 4th, 2018 by financetwitter
In the past 30 days or so, China has quietly transported some military hardware to its outposts in the Spratly Islands. Those equipments were deployed on top of its recent installation of military jamming devices. And judging by the latest U.S. outburst, the Chinese has crossed the line which might [...]
May 3rd, 2018 by financetwitter
Najib son of Razak will definitely lose the 14th General Election on the night of the polling date - May 9th. But he has a trump card - Election Commission. There are two things the commission is ready to do to steal the election for him. First, they would re-distribute postal votes like candies to [...]
May 2nd, 2018 by financetwitter
North Korean dictator Kim Jong-un, the guy whom U.S. President Donald Trump called the Rocket Man, appears to have repented. The cheese-obsessed fat boy has literally prevented the world's first Nuclear War when he made a history - crossing the infamous DMZ line and stepping into South Korea, the fi [...]
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