Finance and Economy
A day before former human resources minister M Saravanan was charged on Friday (August 28) with receiving bribes amounting to RM1.097 million to approve foreign worker quotas, he publicly trumpeted how he had written to Prime Minister Anwar Ibrahim on Wednesday about what he called the Malaysian Anti-Corruption Commission’s (MACC) “wild and baseless” allegations”. […]
... written on Aug 29 2026Everybody from teachers to retirees joined South Korea’s stock market frenzy, betting prices would rise forever. Samsung Elecronics share price was up by 320% in June 2026 – a staggering jump from October 2025. In the same period of nine months, SK Hynix jumped by 710%. KOSPI Composite Index skyrocketed from 3,455 (Oct 1, 2025) […]
... written on Aug 27 2026From accusing Democratic Action Party (DAP) of seeking to eliminate the Malays and Islam to defending the United Malays National Organization’s (UMNO) corruption and Ponzi scheme in the Tabung Haji’s scandal, Abdul Hadi Awang has again weaponized race and religion as political tools. The goal remains the same – to distract Malays’ corruption by blaming […]
... written on Aug 24 2026Depending on who you ask, Pinduoduo could be a dangerous threat to traditional retail and small businesses, or a godsend app to consumers struggling with high cost of living. The massive e-commerce platform known for ultra-low prices through group-buying has taken the world by storm. It offers incredible savings as well as inconsistent quality at […]
... written on Aug 20 2026The U.S.-Iran conflict has evolved into a “game of chicken” in the Strait of Hormuz, with each side betting that the other will blink first and make concessions. For Tehran, threatening maritime traffic in the strait provides the only leverage over the global economy and a means of pressuring Washington. The U.S., on the other hand, […]
... written on Aug 18 2026In May 2015, Mahathir Mohamad warned Tabung Haji to cancel its land purchase from 1MDB (1Malaysia Development Berhad). He disagreed that the Malaysia’s Pilgrims’ Fund was being used to bail out 1MDB – purchasing a small 1.56 acre of Tun Razak Exchange (TRX) land for RM188.5 million, when an area 45 times bigger (70 acres) was purchased […]
... written on Aug 12 2026A 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 2026
