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Would anyone believe 5 years ago that China will one day overtake Japan as the world's top auto exporter? Yet, the country which the West often mocks for producing cheap and low-quality products has evolved at a remarkable rate from being an imitator to an innovator. The so-called copycat is now thr
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Anwar Ibrahim's pledge to crack down on corruption had initially sent shivers down the spine of many corrupt politicians, including three former Prime Ministers - Mahathir Mohamad, Muhyiddin Yassin and Ismail Sabri. But they were not alone. Powerful politician-cum-businessman like Daim Zainuddin and
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Former Penang deputy chief minister II - Dr. P Ramasamy - is negotiating terms in his next political journey to join opposition Bersatu after quitting DAP last month. Immediately after the three-term Perai assemblyman resigned, he attacked his former party furiously. Today, he is still a very angry
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Advanced chips, quantum computing and AI (Artificial Intelligence) are the future, and that was why the United States wanted to stop China from becoming a superpower - by destroying Huawei Technologies Co. The semiconductor is the means to that end, so the U.S. also must destroy Chinese mainland chi
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Are you looking to borrow money for either personal or business use? If so, you are certainly not alone. Every day, people worldwide seek out different types of loans to finance purchases or meet short-term needs - from that big purchase they've wanted to a start-up's urgent exemption for capital fu
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Mahathir Mohamad, the son of Iskandar "Kutty", a migrant from the southern Indian state of Kerala, has recently met with chief ministers from four opposition states - Kelantan, Terengganu, Kedah and Perlis. The 90-minute meeting on September 2, including PAS Islamist party president Abdul Hadi Awan
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Despite throwing tens of billions of U.S. taxpayers dollars into the Ukraine War, Washington and its allies have not been able to weaken, let alone defeat the Russians. Since losing the battle of Bakhmut in May 2023, the Ukrainian forces are spooked - and demoralized - after the city has been "compl
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Opposition Perikatan Nasional's "green wave" finally came to a screeching halt in the southern state of Johor. In spite of low voter turnout and controversial acquittal of UMNO president Zahid Hamidi, who is also the deputy prime minister, the people of Johor have decided to return both Pulai parlia
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Gina Raimondo was the fourth high-level U.S. official to visit China this summer, suggesting that Washington is placing great importance in the country. But she is the first U.S. Commerce Secretary to travel to the country in five years. Hilariously, like her colleagues, Raimondo tried to lecture Be
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If Ahmad Zahid Hamidi is convicted of corruption, the Unity Government being led by Prime Minister Anwar Ibrahim will crumble and collapse. Zahid, who is the president of UMNO, the Malay nationalist party which agreed to form the federal government with Anwar-led Pakatan Harapan coalition after the
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December 14th, 2006 by financetwitter
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December 13th, 2006 by financetwitter
Singapore-listed palm oil refiner Wilmar International (SIN : F34) plans to bid for Malaysian palm oil producer PPB Group (KLSE : PPB, stock-code : 4065), which the market values at $1.6 billion, a source close to the deal said on Wednesday. Both companies are linked to the family of Malaysian billi [...]
December 13th, 2006 by financetwitter
According to a source, Malaysia will announce on Thursday, Dec-14-2006, a sharp rise in road toll rates to help trim state subsidies in a move that could spark a public outcry and raise inflation. Tolls will go up by as much as 60 percent and will affect users of five highways in and around the capi [...]
December 13th, 2006 by financetwitter
I read with great interest that Mahathir agrees to meet Soros after almost a decade of hostility due to the 1997 Asia Economic Crisis which created havoc to Malaysia stock market generally and wiped out billions of dollars of losses specifically to some of the top GLC (Government-Link-Companies). Be [...]
December 13th, 2006 by financetwitter
Thank God the long overdue correction started yesterday in the Bursa Malaysia (Kuala Lumpur Stock Exchange) and according to most of the foreign analysts, this correction should continue for a couple more days before a pause to continue its' uptrend (if there's any). I think this is a very healthy c [...]
December 12th, 2006 by financetwitter
According to latest news from The Edge, Bursa Malaysia Bhd now plans to re-introduce regulated short selling in January after postponing it several times this year, and will later incorporate it as a feature into its new trading platform for equities which is expected to be ready by end-2007. Short [...]
December 12th, 2006 by financetwitter
It's the annual repetitive cycle again around this time that energy or oil-related stocks will make its' charge again towards end of the year. So have you allocated some of your funds into these black-gold stocks yet? If not, why not?Today Reuters reported that most OPEC members are in favor of a cu [...]
December 12th, 2006 by financetwitter
Proton Holdings Bhd (KLSE : PROTON, stock-code : 5304), which is now evaluating a number of parties as strategic partners for its manufacturing operations, may decide to take in the Europe's largest carmaker, Volkswagen Aktiengessellschaft (FRA : VOW), as its' new partner.According to a source repor [...]
December 12th, 2006 by financetwitter
Everyone – from the exchange to the brokers and public listed companies (PLCs) – has a role to play to ensure that the stock market continues to perform, said Bursa Malaysia chief executive officer Datuk Yusli Mohamed Yusoff today. “The role of the PLCs is to perform well and do investor relat [...]
December 11th, 2006 by financetwitter
The top business news since last Friday were the official announcement of Genting International (SIN : G13) & Star Cruise Ltd (SIN : S21) winning the Singapore second casino on the Sentosa Integrated-Resort (IR) island projects and how everyone should keep an eye on this new casino giant. The ne [...]
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