Finance and Economy
Entering its third year, Anwar-led Unity Government can no longer claim it is still on the learning curve, let alone say it is still a honeymoon year. On the coming November 24, 2025, Prime Minister Anwar Ibrahim can actually call for a snap election after serving the full three years of his 5-year term. However, […]
... written on Feb 16 2025After just 21 hostages (16 Israelis and 5 Thai nationals) were released from Gaza in exchange for more than 500 Palestinians prisoners from Israeli prisons, the fragile ceasefire appears to be collapsing. Hamas has suspended the ceasefire deal, accusing Israel of violating the ceasefire agreement. Israel, has similarly accused the terrorist group of violating the […]
... written on Feb 11 2025With friend like the United States, Canadians and Mexicans do not need enemies. President Donald Trump has finally made good on a campaign promise to raise tariffs on almost everyone – both friends and foes. First, he slapped a 25% tariff on all goods imported from Canada and Mexico, except Canadian oil and energy products, […]
... written on Feb 03 2025He gave away public funds to the tune of RM100 million to Palestine, but no one knows who actually got the money as banks were destroyed in Gaza during the war. He was globe throttling using taxpayers’ money to lobby the Arabs to stop Israel’s relentless assault, but he was bumped to last row during […]
... written on Jan 31 2025For decades, China has been accused by the United States and several of its allies of economic espionage and intellectual property (IP) theft. It was claimed that Chinese IP theft has cost the U.S. about US$225 billion to US$600 billion a year. Besides stealing IP, China was also accused of demanding technology transfers in exchange for market access. […]
... written on Jan 29 2025When Anwar Ibrahim proudly announced RM170 billion investment commitments from China in March 2023, just a few months after he became the 10th Prime Minister of Malaysia, he received praise with high expectation that the country would receive a massive boost to its economy. He visited China again in September the same year, and again […]
... written on Jan 23 2025Hours after his inauguration on Monday (January 20) as the 47th President of the United States, Trump signed close to 100 executive orders. He orders the U.S. to quit the World Health Organization (WHO) as his most trusted lieutenant, Tesla and SpaceX boss Elon Musk, gave a one-armed gesture during a speech celebrating the crowning […]
... written on Jan 21 2025From north to south, people were drawn to one common goal – to strike the largest ever Sports Toto 4D Jackpot in Malaysian history – RM121 million. Even if they could win just 1% of the jackpot, they would become an instant millionaire. Suddenly, Toto betting outlets nationwide attracted long queues of unfamiliar faces, unlike […]
... written on Jan 19 2025Stocks dropped almost 700 points on Friday (Jan 10, 2025) – effectively pushing all major benchmarks into the red for the New Year 2025. The Dow Jones Industrial Average (DJIA) lost 696.75 points or 1.63% to close at 41,938.45, whilst S&P 500 and NASDAQ lost 1.54% and 1.63% respectively. What caused the bloodbath? The short answer – […]
... written on Jan 12 2025Donald Trump has not officially taken office until January 20. Yet, his most trusted lieutenant, Elon Musk, has already started flexing power as if he is the POTUS. And if President-Elect Trump’s policymaking process requires input from the Tesla billionaire, there’s a long list of countries that should be extremely worried over the next four […]
... written on Jan 08 2025