Finance and Economy
By 5:30pm the organisers of Bersih 4.0 rally claimed there were 200,000 participants. Malaysiakini put the figure at more than 100,000 at about 4pm. However, KL police chief Tajuddin Md Isa estimated the number at 25,000 as of 3pm. But when you were in the middle of a massive crowd, it makes no difference, whether […]
... written on Aug 30 2015Pro-Najib bloggers have been burning midnight oil trying to project Malaysian Prime Minister Najib Razak as a clever and cunning politician who can rival and even outsmart his mentor, Mahathir Mohamad. Apparently, Najib was scripted in such a way that he isn’t afraid of a vote of no confidence, and in fact was excited and […]
... written on Aug 29 2015Formed in 2006, Bersih had organised 3 rallies in the past – Bersih 1.0 (2007), 2.0 (2011) and 3.0 (2012). The fourth rally, Bersih 4.0, is just days away. The first rally (Bersih 1.0) was instrumental in sending former Prime Minister Abdullah Badawi into retirement, so that the sleeping beauty can sleep for as long […]
... written on Aug 26 2015Lee Hsien Loong administration is seeking a fresh mandate from voters, after President Tony Tan Keng Yam agreed to a request and dissolved the 12th Parliament of Singapore today (Aug 25, 2015). Nomination Day has been set on September 1 and Polling Day will be on September 11 (Friday), which will be a public holiday. […]
... written on Aug 26 2015U.S. stocks tumbled on Monday, with the Dow Jones Industrial Average (DJIA) dropping to an 18-month closing low that saw the blue-chip benchmark briefly plummet more than 1,000 points. It closed down 588 points, but not before it created a moment of panic when it went down as much as 1,114 points during the early […]
... written on Aug 25 2015Malaysian Ringgit has just hit another new high – RM4.2570 to one US dollar. Forget about what the specialists and experts say about the local currency. Didn’t someone tell you less than a month ago that ringgit is to trade between RM3.80 to RM4.10? Well, screw them because they know nuts about the actual financial […]
... written on Aug 24 2015Dow plunges 530.94 points on Friday. With more than 1,000-point drop this week, this was the largest weekly drop since Oct 10, 2008 for Dow. Crude oil prices briefly dropped below US$40 a barrel on Friday, the lowest seen since the financial crisis. The effect of devaluation of the Chinese Yuan has finally reached the […]
... written on Aug 23 2015Going by everything that we know so far about the Bangkok deadly bombing, Thai junta Chief Prayuth Chan-ocha seems to be as clueless as everyone on the street about what has hit the city. The Chinese embassy in Bangkok has slammed the local media for blaming the attack on Thai government’s deportation of 109 Uyghur […]
... written on Aug 20 2015Two months ago, Malaysia football team, once the best in Asia in the 1970s, suffered a humiliating defeat. Earlier in March, the supposedly ferocious “Harimau Malaya” team was tamed by Oman, beating the Malaysian team to a 6-0 defeat. But it was alright because Oman was a super rich country. But losing to Palestine […]
... written on Aug 20 2015First, the RM2.62 billion (US$696 Million) exposed in the private account of Malaysian Prime Minister Najib Razak was claimed to be a “donation”, courtesy of some rich Arabians. Then they changed the story that the free money was given by Saudi to Najib personally for “fighting ISIS”, never mind ISIS haven’t even proclaimed itself to […]
... written on Aug 19 2015
