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Born with a silver spoon, Tengku Zafrul Tengku Abdul Aziz has everything he can ever dream of, except one thing - winning an election. From being Bersatu’s poster boy to show that the Malaysian United Indigenous Party has a Malay professional, and not merely a place filled with pariah politicians
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Was there a piece of royal decree that would allow former Prime Minister Najib Razak to serve his remaining prison sentence in his luxury home? A simple answer “Yes” or “No” is all that is needed from the 10th Prime Minister of Malaysia – Anwar Ibrahim. But for almost 10 months since Janu
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Rumours spread like wildfire that Syrian President Bashar Al-Assad could have been killed in a plane crash as he fled Damascus. He was believed to be on board the aircraft, which initially flew towards Syria’s coastal region, a stronghold of Assad’s Alawite sect, but then made an abrupt U-turn
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A day after the assassination of UnitedHealthcare CEO Brian Thompson, the New York Police Department (NYPD) has released images that showed the face of the man believed to have killed him outside the Hilton Hotel in Manhattan, where he was supposed to attend the company's annual investor confe
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Bitcoin, the largest cryptocurrency, breached the US$100,000 for the first time just before 10 p.m. Eastern Time on Wednesday (Dec 5), before steadily climbed as high as US$103,852 - a new all-time high. Essentially, bitcoin’s total market capitalization now stands at US$2.03 trillion, more than
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Nothing short of the most powerful post - Prime Minister - can swing Barisan Nasional to the Opposition. That's because Ahmad Zahid Hamidi, who is the president of UMNO and the chairman of Barisan Nasional, is already the Deputy Prime Minister. Why go through all the trouble to quit the current Uni
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As recently as November 8, days after Donald Trump’s victory, White House press secretary Karine Jean-Pierre rubbished a pardon or clemency for President Biden's son, Hunter. She said - "We’ve been asked that question multiple times. Our answer stands, which is no". In June, at the G7 summit in
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An annual disaster, Malaysia flooding this year has forced 150,000 people (and counting)out of their homes across the country, with at least 4 fatalities - surpassing the worst floods in the country recorded in 2014, which saw 118,000 displaced. The flooding, which began earlier in the week, has fo
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Fresh from being elected as the 47th U.S. President, Donald Trump has moved at lightning speed in forming his team. His new Cabinet features younger faces and fresh ideas, with heavy representation from the business world. Crucially, the Trump 2.0 shows less influence of the GOP establishment than
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Unfortunately, crypto threats are more dangerous and costly than ever. This is a natural evolution of the situation at hand. With more money circulating in the crypto market, more potential threats exist. Moreover, in the past, only tech-savvy individuals traded in crypto, and, by default, these pe
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December 22nd, 2006 by financetwitter
The Malaysian ringgit hit its highest level against the dollar in nearly nine years today, Friday 22-Dec-2006, helped by this week's turmoil in Thai markets that has led some investors to switch funds to other Asian countries, according to dealers in Singapore.According to Reuters data, the ringgit [...]
December 21st, 2006 by financetwitter
With a lot of giggling of their own, Good Morning America host Diane Sawyer and her colleagues unveiled the newest model in Mattel's (NYSE : MAT, quote) long-running Elmo franchise. The new T.M.X. Elmo laughs, slaps its knee, and rolls around on the floor before righting itself. "Again," it says. Al [...]
December 21st, 2006 by financetwitter
Berjaya Corporation Berhad, formerly known as Berjaya Group Berhad (KLSE : BJCORP, stock-code 3395) together with its Irredeemable Convertible Loan Stocks, ICULS (2005/2015) BJCORP-LC (stock-code 3395LC) triggered FinanceTwitter and MACD "Buy" signal today.Berjaya-Corp closing price is the highest s [...]
December 21st, 2006 by financetwitter
TYCOON Tan Sri Quek Leng Chan, owner of the Hong Leong Group, may emerge as a substantial shareholder of oil rig builder Kencana Petroleum Bhd (KLSE : KENCANA : stock-code 5122), sources said. According to Business Times, Quek may buy between 12 and 15 per cent of the company's shares from existing [...]
December 20th, 2006 by financetwitter
Can you tell me which company will pay an average $622,000 per employee in compensation (bonus) per year? This is what you're looking for after spending years in school, high school, college or university just to get that piece of paper right? So, besides choosing the right major, you better be wise [...]
December 20th, 2006 by financetwitter
It's as expected that the Thailand military appointed government has no other choice but to reverse their earlier decision to impose restrictions on foreign investments to curb speculation on the country's baht currency. The problem here is the inability of the new government to understand the Basic [...]
December 20th, 2006 by financetwitter
Bernama today clarified that Malaysia Prime Minister Datuk Seri Abdullah Ahmad Badawi has denied buying a RM30 million boat as reported by a newspaper in Turkey recently. "The report is inaccurate. It is a lie. I don't know where it got such facts," he told reporters here when asked to comment on a [...]
December 19th, 2006 by financetwitter
Maxis Communications Bhd (KLSE : MAXIS, stock-code 5051) has made a bid for a controlling stake in India’s Hutchison Essar (http://www.hutch.co.in/), the fourth largest mobile operator, in an effort to further stamp its presence in the Indian market, according to press reports from India. Maxis’ [...]
December 19th, 2006 by financetwitter
After being punished today, 19-Dec-2006, the Thai government is making a U-turn in lifting controls on foreign investment in stocks after the market plunged nearly 15 percent, sending panic throughout regional bourses of worries about a repeat of 1997 Asian Economic Crisis. Investors dumped stocks i [...]
December 19th, 2006 by financetwitter
Since Yusli, CEO of Bursa Malaysia (KLSE : BURSA, stock-code 1818) confidently declared recently that Kuala Lumpur Stock Exchange bull was the result of foreign investors jumping in to buy the stocks causing it to hit the 9-years high, I suppose Yusli can say the same thing about today's performance [...]
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