Finance and Economy
A week ago, Donald Trump said he was calling off the biggest military attack since World War II because a deal to end the Iran War was imminent. When there was no deal, as the world had already anticipated, he changed his story. Now, he’s signalling the U.S. is in no rush to resolve the […]
... written on Aug 11 2026When the Japanese yen recently hit its weakest level against the U.S. dollar in about 40 years, it triggered an alarm 10,000 kilometres away in Washington. It wasn’t just a problem for Japan’s policymakers, but also a problem for the Trump administration. That prompted the U.S. last week to take a rare step – the […]
... written on Aug 05 2026For ordinary families, an additional monthly fee of around RM2,500 for care centres to take care of their beloved elderly was already a heavy burden. It became worse when a so-called caring government called Madani happily slapped an additional 8% Sales and Service Tax (SST) on the elderly care services. Suddenly, the monthly burden jumps […]
... written on Aug 02 2026Chennah is supposed to be a 50:50 bet. Trying to predict the outcome in Chennah – comprising 47% Malay, 44% Chinese, 7% Orang Asli and 2% India – is like predicting whether Argentina or Spain would win the 2026 FIFA World Cup. However, if the recently concluded Johor state election is any indicator, the incumbent […]
... written on Jul 26 2026Houthi militants have claimed attacks on two Saudi tankers in the Red Sea, threatening another important route for oil flows and stoking fears that the U.S.-Iran conflict could escalate further. As a result, oil prices jumped back to US$100 a barrel on Thursday before retreating, fueling a bond selloff and sending stocks sliding. Brent Crude futures jumped […]
... written on Jul 24 2026Just when you thought Donald Trump was too busy with the Iran War, getting ready to bomb the Pickaxe Mountain believed to have been stashed with thousands of uranium-enrichment centrifuges, the U.S. president suddenly dropped started a new round of war. He announced an additional 50% tariff on certain goods from Canada, including wine, hockey sticks, […]
... written on Jul 21 2026You know a government is increasingly authoritarian, corrupt, and arrogant when it starts cracking down on freedom of expression by censoring and blocking independent news portals, blogs, and social media platforms critical of the government. And you know such a dictatorship would lose power soon. It had happened to the Najib government, and it is […]
... written on Jul 13 20261MDB (1Malaysia Development Berhad) still has RM8.9 billion remaining debts, Deputy Finance Minister Liew Chin Tong said on July 9. As at end-June, Malaysia has paid RM42.5 billion for 1MDB-related debts, while recovering RM31.3 billion over the scandal. “If there are no further recoveries, the government will have to absorb RM20.1 billion in losses,” – Liew […]
... written on Jul 10 2026Malaysian Chinese have suddenly become a precious commodity this month. As expected, their value skyrockets every time there is an election. With the political campaign for the Johor state election entering its second half, every politician and political party treats the ethnic Chinese like a diamond, saying the Chinese are the best, the cleverest, the […]
... written on Jul 07 2026Unemployment rate plunged to 2.9% in November 2025, reaching its lowest level in 11 years. Prime Minister Anwar Ibrahim quickly claimed the credit in January 2026, attributing the milestone to his Madani Government’s so-called economic reforms. Today, with Johor state election at high gear, Deputy Prime Minister Ahmad Zahid Hamidi is also taking credit for […]
... written on Jul 04 2026
