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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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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 [...]
December 10th, 2006 by financetwitter
A source was reported told Business Times that RAJA Teh Maimunah has left the Bahrain-based Unicorn Investment Bank (UIB) to join Kuwait Finance House ( KFH ) in January 2007. She has been appointed as the chief corporate officer, overseeing the international business and corporate expansion of KFH, [...]
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