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Saidakrami Murodali Rachabalizoda, Shamsidin Fariduni, Dalerdzhon Barotovich Mirzoyev and Muhammadsobir Fayzov were four terrorists who stormed the Crocus City Hall in Krasnogorsk, a northern Moscow suburb, before spraying bullets on some 6,000 people who were attending a rock concert. The gunmen al
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What do Ali Tinju, Papagomo, Jamal Jamban and Akmal Salleh have in common? They were all UMNO racists or gangsters who would do dirty jobs tasked by their party. Their jobs were incredibly easy - holds rally or protest under the false pretence that the Malays, Muslims and Malay Rulers have lost powe
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Foreign investors are watching with great interest - and caution - how Malaysia could repeat its May 13, 1969 bloody racial riots over five pairs of socks. An army of 40 policemen had stormed a factory in Johor, the state of newly crowned King Sultan Ibrahim, and found a jaw-dropping 5 out of 18,800
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UMNO Youth Chief Muhammad Akmal Salleh has gone mad again. His latest target is KK Super Mart, a local convenience store established in 2001 by Dr KK Chai (Chai Kee Kan). Companies under the KK Group include B Café International, Clara International, The Slimming Sanctuary, Hornets Marketing Sdn Bh
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Malaysia is being offered £100 million pounds to host the 2026 Commonwealth Games. That looks like a jackpot given on a silver platter. Even the Taylor Swift's just concluded exclusive concert in Singapore in the Southeast Asian leg of her Eras Tour looked lame compared to this international sports
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TikTok has about 170 million users in the United States, its biggest market outside of China. Its revenue was around US$20 billion last year. Founded in 2012 by entrepreneur Zhang Yiming, TikTok owner ByteDance reportedly had a private valuation of between US$105 billion and US$110 billion in May 2
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In Malaysia, adhering to tax obligations on trading income is a fundamental requirement for engaging in legal Forex trading. However, the intricate tax laws and regulations surrounding Forex trading profits often pose challenges for traders to fully comprehend and navigate. Many investors find thems
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Every time politicians want to become a hero of their community, vernacular school will become the punching bag. We have lost count how many times UMNO-Malay leaders have been shouting till their face turns blue about wanting to shut down Malaysian vernacular school - a unique type of primary school
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At the rate Boeing is trying its best to demonstrate how parts can fall off from the sky, it may not be long before China's first homegrown jet maker COMAC starts eating its lunch. After Singapore Airshow, the Chinese manufacturer is scheduled to show off its C919 and ARJ21 in Malaysia on March 12,
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As Huawei smartphone shipment skyrocketed in the first six weeks this year, sales of Apple iPhone plunged in the same period - losing 24%. But the return of Huawei to the consumer business affects not only Apple. Several Chinese brands also suffer a drop in business, even though most of them were no
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March 27th, 2007 by financetwitter
PSC Industries Bhd (PSCI) aims to return to the black for the year ending Dec 31, 2008, said executive deputy chairman Datuk Seri Ahmad Ramli Mohd Nor. PSCI recorded a net loss of RM93.7mil for 2006 versus RM533.5mil in 2005, while revenue fell to RM76.8mil from RM170.96mil previously. “We are wor [...]
March 26th, 2007 by financetwitter
EdgeDaily reported today how Bank Negara (Central Bank) Malaysia is getting smarter nowadays (or fear of losing more due to liberalization?) to prevent investors from by-passing capital control measures and take their monies out of the country by selling their stakes in Malaysian entities through sw [...]
March 25th, 2007 by financetwitter
One of the readers of FinanceTwitter wrote to me recently to ask how to get historical data of Malaysian stock market, for example Genting Berhad’s (KLSE: GENTING, stock-code 3182) 10-years past data. The data requested should include stock price, share split, dividends and so on. Wouldn’t it be [...]
March 25th, 2007 by financetwitter
Portugal was set to return Macao to China control after more than 440 years of colonial rule in 1999 but before the China could do so, rival gangs fought for control of the V.I.P rooms. Even official working for Stanley was murdered and a senior Portuguese official who tried to calm thing down was s [...]
March 25th, 2007 by financetwitter
In the shape of a soaring lotus flower, the new Grand Lisboa opened recently is the crown jewel of a casino empire controlled by Stanley Ho, the 85-year old billionaire who had held the “Asia’s Las Vegas”, Macau’s (Macao) only gambling license for 40 years. The opening of Grand Lisboa attrac [...]
March 24th, 2007 by financetwitter
During an interview with CNBC late Friday, Malaysian Prime Minister was quated as saying that the brand name “Proton” will not be wiped out amid negotiations on a possible merger with foreign partners. Abdullah stressed “We cannot decide to forget the name Proton and to allow it to disappear [...]
March 23rd, 2007 by financetwitter
So, the Malaysian government has finally abolished the real property gains tax (RPGT) in the current not so robust economy. A big applause to them, not that they have any other choice if one was to look at the sluggish property market. This will definitely bring cheers to the industry players and lo [...]
March 22nd, 2007 by financetwitter
Malaysia's smallest mobile phone firm, DIGI.com Berhad (KLSE: DIGI, stock-code 6947) feels its balance sheet is under-geared and a capital repayment could be one way to restructure it, Chief Executive Morten Lundal said today. "Right now, we have too much cash and too little debt … Our balance she [...]
March 22nd, 2007 by financetwitter
The fund managers who were attending the “Invest Malaysia 2007” conference, which opened in Kuala Lumpur yesterday, hope to see more transparency and consistency in results, especially from the blue-chip companies.Simon Chan, investment director of the Hong Kong- based BNP Paribas Asset Manageme [...]
March 22nd, 2007 by financetwitter
The Federal Reserve held interest rates steady on Wednesday and raised the possibility they could be cut in the months ahead, igniting a rally on Wall Street where investors are thirsting for a reduction. Fed Chairman Ben Bernanke and his central bank colleagues left an important interest rate uncha [...]
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