Finance and Economy
He 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 2025UMNO is deeply split into two factions – Zahid Hamidi and Najib Razak. In order for Zahid to continue leading the United Malays National Organization, Najib has to remain in prison. If Najib is allowed to serve his remaining jail sentence under house arrest, UMNO president Zahid will eventually lose his power and influence in […]
... written on Jan 05 2025China, the world’s most populous nation with 1.4 billion people and the planet’s second biggest economy, possessed the world’s largest network of high-speed railways. As of the end of 2020, China had built 146,300-kmof railways, with over 40,000 kilometres of high-speed rail (HSR) – the world’s longest and most extensive, covering 95% of cities with […]
... written on Jan 03 2025Japanese carmakers Honda Motor and Nissan Motor is exploring a mega merger, which will also involve Mitsubishi Motor, in which Nissan is the top shareholder with a 24% stake. The merger would see Honda management taking a leadership role in a newly formed formed Japanese holding company by 2026. Make no mistake – this deal […]
... written on Dec 27 2024
