Finance and Economy
Many think Israel will hit Iran on October 7, the anniversary of Hamas attack on Israel last year which killed 1,200 Israelis and resulted in over 200 hostages taken. It didn’t happen. If the Jewish state’s timing of retaliation and military strategy could be easily guessed, then there won’t be any element of surprise, would it? Nevertheless, it’s […]
... written on Oct 08 2024Crude oil prices hit its lowest since December 2021 early this month. The West Texas Intermediate (WTI) crude futures for October contract was trading at US$65.75 per barrel, whilst the Brent crude oil for November contract was US$69.19 per barrel. Meaning since the beginning of the year, both WTI and Brent had declined 8.2% and […]
... written on Sep 26 2024Europe’s Tariffs On China’s EV Backfires – Volkswagen Closing Factories Before Even Trade War Begins
When China officially connected to the internet on April 20, 1994, it was a huge milestone despite the 64-kilobit special line, which was made possible thanks to the service of U.S. telecommunication company Sprint. Back then, it would be a challenge for tourists to find a decent public toilet. The country was so poor that […]
... written on Sep 16 2024Does anyone get a feeling the current Anwar administration, despite less than 2 years old, actually feels extremely familiar as if it has been six decades? Yes, it feels and smells like the previous ruling Barisan Nasional government is running the show even though the driver is Pakatan Harapan chairman Anwar Ibrahim, whose job security […]
... written on Sep 12 2024Former backdoor Prime Minister Muhyiddin Yassin has sworn in the name of God that he did not take a single penny from the scandalous RM4 billion 1BestariNet project during his tenure as Education Minister in 2011. Well, his former boss, disgraced ex-prime minister Najib Razak, too, had misused God’s name in denial of corruption, only […]
... written on Sep 08 2024Artificial Intelligence (AI) chip maker Nvidia has been minting tonnes of millionaires among its 30,000 employees. The nearly US$3 trillion company generated US$27 billion in revenue in its fiscal 2023. Then, something spectacular happened. Nvidia revenue for the 12 months ending July 31, 2024 skyrocketed to US$96.31 billion – a 194.69% increase year-over-year. The […]
... written on Sep 06 2024Wee Ka Siong burst with anger last month after his flight to Sandakan from Kota Kinabalu was delayed several times. The former Transport Minister was so angry that he whined, moaned and bitched non-stop on social media about his suffering. If even a mega-rich and powerful man like him went nuclear, imagine the ordinary Joes […]
... written on Aug 30 2024Even if you’re not a gamer, you would have heard of the international success of China’s first “Triple-A” game called “Black Myth: Wukong”, an action RPG developed by Chinese studio Game Science. It was so successful that it has sold a jaw-dropping 10 million copies in just 3 days – and made a cool US$600 […]
... written on Aug 27 2024Since it was created in 2003, Nenggiri seat in the rural state of Kelantan had been the fixed deposit of the United Malays National Organization (UMNO) – till it was lost by just 810 votes in the August 2023 state election. The “green wave” tsunami (referring to the PAS Islamist party’s green logo), which started […]
... written on Aug 19 2024Japan’s Nikkei lost a staggering 4,451 points on Monday (August 5) – the biggest drop in history. That’s more than 12%, dragging the country’s stock market losses to 25% since early July. The biggest one-day drop means the index is entering the bear market. It instantly brings back the memory of “Black Monday” in October 1987, […]
... written on Aug 06 2024
