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The return of former Prime Minister Najib Razak to his party - UMNO - is certainly great news for Mahathir administration. After all, it was the former president of UMNO who had stunningly brought down his own government, enabling the then-opposition Pakatan Harapan coalition wrests over the governm
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For over 60 years, a country called Malaysia was divided along racial lines between ethnic Malays and non-Malays. And for as long as one could remember, the Malays from UMNO, the political party that dominated the previous government before they were defeated in the last May general election, have b
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It's been 14 months since Pakatan Harapan (PH) took over. The jubilant and exuberant spirit has long gone. Nowadays when PH politicians speak, people start grumbling about promises not fulfilled. How are people to trust a government that doesn't fulfill it's manifesto's promises? Do they think peopl
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After months of investigation following Facebook’s 2018 Cambridge Analytica scandal, the Federal Trade Commission (FTC) decided to slap the company with US$5 billion (£4 billion; RM20.5 billion) fine - the largest ever imposed by the FTC against a tech company. Yet, the punishment was like a mos
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Anwar Ibrahim's ambition to become the 5th Prime Minister of Malaysia was crushed when then-PM Mahathir Mohamad sacked him in 1998. Mr. Anwar, who served as the deputy prime minister from 1993 to 1998 under Dr. Mahathir, was declared not fit to be the next premier for corrupt practices and sodomy -
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Against the threat of retaliation - even trade war - from the United States, the French have decided to slap a new tax on American companies. On Thursday (July 11), France’s Senate approved "3% digital tax" on the revenues of multinational firms and tech giants like Facebook, Google and Amazon. Tr
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When Mahathir Mohamad openly invited all Malay parties, including the UMNO, to join his party PPBM (Bersatu) under the pretext of Malay unity, it raises eyebrows. To the people who had shed sweat, tears and probably even blood bringing down the corrupt and toxic UMNO last May General Election, the p
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American plane manufacturer Boeing has every reason to be worried even after 4 months its best-seller 737 MAX aeroplanes has been grounded. It seems the safety scandal isn't going to be solved as quickly as Boeing and its stakeholders had expected - suggesting that the problems plaguing the aircraft
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After history was made with the swearing in of Dr Wan Azizah Wan Ismail last year as the country's first female deputy prime minister, more women have been entrusted and empowered with top positions never seen before. In May this year, Malaysia saw the appointment of Tengku Maimun Tuan Mat as the co
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On Sunday (July 7) in Europe, 150-year-old German bank - Deutsche Bank - officially launched its restructuring plan to cut a mind-blowing 18,000 jobs by 2022. By Monday morning (July 8), the entire teams in Deutsche Bank's Asian operations were told to pack and clear their desks, before their securi
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June 26th, 2019 by financetwitter
Java-immigrant Ahmad Zahid Hamidi misfortunes continue with no end in sight. It's no wonder why the once powerful deputy prime minister was so eagerly getting back his seized passport to perform his "Umrah" in Saudi, despite the "mini Hajj" is non compulsory. He was so yearning that he fought to the [...]
June 25th, 2019 by financetwitter
US President Donald Trump signed an executive order on Monday that slaps Iran with new economic sanctions. Among those targeted is Iranian Supreme Leader Ayatollah Ali Khamenei. The latest move came on top of actions already taken by the administration in April to cut off all revenues from Irania [...]
June 25th, 2019 by financetwitter
Opposition parties, consisting primarily of UMNO (Malay nationalist party) and PAS (Islamist party), have been linked to an infographic illustrating a list of new Cabinet ministers - if both parties win the next general election, which must be held by 2023. The list includes Foreign Minister Lokman [...]
June 21st, 2019 by financetwitter
First, Najib Razak tried to scam the world that his partner-in-crime Jho Low had scammed him. When that didn't quite work out, the former prime minister tried to scam the world that Nik Faisal Ariff Kamil (former CEO of SRC International) had scammed him. When that also failed, he blamed the bank f [...]
June 21st, 2019 by financetwitter
Donald Trump still talks as if his latest tariff hike - from 10% to 25% on US$200 billion worth of Chinese goods - is like money dropping from the sky. The U.S. president continues hoodwinking his supporters that the Americans are winning because as a result of the trade tariffs, China pays US$100 b [...]
June 20th, 2019 by financetwitter
Tunku Abdul Rahman, Malaysia's first prime minister popularly known as the "Father of Independence", was perhaps the only clean and honest premier the country had ever produced. Tunku is still widely regarded, even by his critics, as the true leader in the multiracial and multi-religious country. St [...]
June 18th, 2019 by financetwitter
Facebook, despite earning US$55.8 billion in 2018, isn't happy with its profit. Facebook wants to become the Federal Reserve of social media - ability to print money and control the money supply and movement ultimately. Meet Libra, the new digital currency just unveiled by Facebook, scheduled to be [...]
June 18th, 2019 by financetwitter
At best, Azmin Ali is a bisexual. At worst, he's a homosexual. Either way, his extraordinary sexual preference is unacceptable to the conservative Malays in the country. And that alone means his political career will surely take a massive hit. He can forget about becoming the next prime minister, if [...]
June 16th, 2019 by financetwitter
Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor announced at a press conference on Saturday that her highly unpopular extradition bill - which Hongkies called the “Evil Law” - will be "suspended". She said - “The government has decided to suspend the legislative amendment exercise.” It [...]
June 14th, 2019 by financetwitter
He is called the "Lobak-Man (Carrot-Man)" by critics for a reason. Unlike Ant-Man, a fictional superhero in comic books published by Marvel Comics, this Lobak-Man is a real super-dumb character in the political world hatched after Khairy Jamaluddin slammed his colleague Lokman Noor Adam for having " [...]
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