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Defiant Malaysian Prime Minister Anwar Ibrahim thought he was clever and invincible when he deliberately met with Hamas political bureau chief Ismail Haniyeh during his 3-day visit in Qatar. He wanted to send a message to Washington that even if Malaysian banking system was helping the terrorist org
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Regardless whether you belonged to Baby Boomers (born from 1946 to 1964), Generation X (born from 1965 to 1980) or Millennials (born from 1981 to 1996), you can't run away from something called credit card debt. Consumers love using credit cards, but at the same time hate paying off outstanding debt
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Here's how to win a soccer game - score more goals than your rival, or watch your enemy score own goals (ignore penalty shoot-out). The result is out and the Democratic Action Party (DAP) Pang Sock Tao has won the Kuala Kubu Baharu by-election with a 3,869 vote majority. DAP, a component of Pakatan
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If DarSa Fried Chicken (DFC) is trying to replace Kentucky Fried Chicken (KFC), it should close shop now before it goes bust. Chances are it will fail miserably. Even before the local restaurant could make profits, it has already violated all business ethics. It is not price competitive, does not re
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In a desperate effort to buy votes, especially from fellow Malay Muslims of whom 80% did not vote for Anwar Ibrahim in the last November 2022 General Election, the Malaysian Prime Minister announced a record hike in civil servants’ salary of more than 13%. He bragged on Labour Day that the RM10 bi
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Prime Minister Anwar Ibrahim appears to have chicken out from Kuala Kubu Baharu by-election. Now, Selangor Menteri Besar (Chief Minister) Amirudin Shari is the poster boy after Communications Minister Fahmi Fadzil hinted that Anwar would not be present during the campaign for the largest constituenc
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Antony Blinken's visit - his second to China is less than a year - is the clearest proof that the U.S. Secretary of State was sent to beg the Chinese again. But as expected, nothing can be achieved from such visits as long as Washington arrogantly thinks it could tell Beijing what China can or canno
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About 40,000 people in Kuala Kubu Baharu will go to the polling stations again on May 11 to vote for a new assemblyperson. The largest constituency in the state of Selangor will see a four-cornered contest following the death of its three-term assemblywoman Lee Kee Hiong from the Democratic Action P
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A Canadian-American professor of political science, Bruce Gilley's alma mater included University of Toronto (B.A.), University of Oxford (M.Phil) and Princeton University (PhD). From Bachelor of Arts in economics and international relations to Master of Economics, he then received his PhD in poli
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Unable to accept the reality that a Chinese company could develop a highly popular app called TikTok, the United States has been trying everything in its power to control it. ByteDance now has two options - either sell it to American owners, or get ready to be banned. The Senate voted 79 to 18 after
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November 5th, 2007 by financetwitter
Question: Name me a stock that defies the gravity and appears to have everlasting rocket fuel blasting into the space. Answer: Google Inc. of course. Not only the stock doesn’t give the stock market a damn even though the Dow was in red for sometime now, it also continues to attract analysts.
I [...]
November 5th, 2007 by financetwitter
The global financial market has a new champ – PetroChina, which became the world’s largest company by market capitalization worth nearly one trillion dollars – double the value of ExxonMobil. PetroChina’s stock prices were trading at 48.62 yuan from IPO price of 16.7 yuan today, Monday 5th N [...]
November 4th, 2007 by financetwitter
Some of you asked how on earth a non-U.S. citizen can open an account with the intention to invest U.S. stocks or to trade its options. The facilities to do so were there for years and the process was simple. It just that after the tragic Sept-11 incident the U.S. government has put on multiple proc [...]
November 3rd, 2007 by financetwitter
The wind of general election is blowing. And it’s blowing real fast and strong, so much so that I overheard not once, twice but thrice conversations about it from the next table when I was having a glass of “Teh Tarik kurang manis” (pulled tea minus condensed milk) with my buddies within this [...]
November 2nd, 2007 by financetwitter
Wow! For investors who are keen to trade the U.S. stocks or options but not sure how to do it, fret not. There’s good news for you thanks to the aggressive issuer OSK Investment Bank. OSK Investment Bank has been fighting heads on with CIMB in the call warrants market lately. Both are willing to l [...]
November 2nd, 2007 by financetwitter
Japan's benchmark stock index, Nikkei 225, plunged more than 300 points and Hong Kong blue chip Hang Seng Index was down 710.62 points in early trading. Malaysian KLCI dropped below its crucial and glory level of 1,400 marks by 15 points to the 1,394 level. Blame it on Wall Street which pulled the D [...]
November 1st, 2007 by financetwitter
Guess it’s true what a MP (member of parliament) said today. The MP, Zaid Ibrahim, who is a member of the ruling party, UMNO, is perhaps the only one from the government who dare to go against the odds on the ridiculous happenings to the nation’s judiciary. He can choose to sit and watch quietly [...]
November 1st, 2007 by financetwitter
Halloween is over but there’re still Thanksgiving and Santa Clause to greet you before the curtain is pull down for the year. This period is also the happiest for the kids as they’re looking forward to the long holidays, gifts and whatever their wish-lists drafted. Traditionally stocks investors [...]
November 1st, 2007 by financetwitter
As expected the Federal Reserve executed the second rate reduction by one-quarter percentage point or 25 basis points to 4.50 percent on Wednesday. Ben Bernanke has cut 50 basis points from 5.25% to 4.75% earlier in September. The 9-1 decision to cut rates on Wednesday was opposed by Thomas Hoenig, [...]
October 31st, 2007 by financetwitter
Investors or traders who believe in Google have every reason not only to smile but laughing all the way to the bank. Since the Mountain View-based company reported a set of good earnings less than 2 weeks ago, it breached the $650 level and never looks back. And to think that the internet search eng [...]
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