Finance and Economy
Oil giant Saudi Aramco priced its IPO (initial public offering) at 32 riyals (US$8.53) per share last Thursday, marking the biggest share listing in history – beating Alibaba’s record US$25 billion listing in 2014. In essence, Aramco will become the world’s most valuable publicly traded company. Still, the IPO fell short of Saudi Crown Prince’s […]
... written on Dec 10 2019As part of the ongoing trade war with China, Donald Trump thought it would be a great idea to start a tech war with the Chinese as well. It would put tremendous pressure on President Xi Jinping to negotiate and surrender to the terms to be dictated by the United States. The target – Huawei […]
... written on Dec 04 2019Mahathir’s previous policy of allowing so-called “minimal and manageable” corruption among the warlords of UMNO, the dominant political party he once led, has proven more damaging than anticipated. The tentacles of corruption have not only spread deep into government and private institutions, but also within government agencies founded to protect the poor Malay community. […]
... written on Dec 03 2019It is not as easy as people think to start a business. The very first steps taken dictate failure or success. Also, there is a huge pressure put on the shoulders of the owner that can easily lead to poor decisions. Then, we also have to factor in the fact that there is no such […]
... written on Nov 27 2019Azmin Ali has dug a hole so deep that it’s hard to see how he could survive. Not only is he trapped in the hole, his buddy-turn-nemesis Anwar Ibrahim has thrown a rope for him to hang himself. But he has only himself to blame. He becomes an arrogant scumbag upon being promoted as the […]
... written on Nov 26 2019It’s always fun to “eat, drink and be merry” with family, friends and loved ones. However, it’s important to note that you can’t do these things for free. Someone will get hungry or want to enjoy an activity. While there are ways to cheat the system, it’s always great to keep a few bucks on […]
... written on Nov 22 2019Would you find surprising to learn that 75% of businesses are underinsured? What’s more, 40% of the total of small businesses don’t have any insurance. Some entrepreneurs choose not to insure their businesses because they try to save money, but they don’t know that in the long run its lack leads to higher expenses. […]
... written on Nov 19 2019Investors, speculators and punters were cheering as the U.S. stocks hit fresh record highs on Friday on hopes for a US-China trade deal despite mixed economic data. The Dow Jones Industrial Average (DJIA) holds above 28,000 points on Monday, after the index hit the level for the first time after posting a fourth straight week of […]
... written on Nov 19 2019Much has been said in the press about the oversupply of doctors. Nearly all believe that this is a bad thing for the country. However, they fail to realise that this situation arose due to the government not spending on needed infrastructure such as hospitals and schools for the common man and instead they spent […]
... written on Nov 18 2019Congrats Mahathir – PPBM Humiliated And Lost Tanjung Piai After Angry Chinese Taught The PM A Lesson
More than 3 weeks ago (Oct 21), FinanceTwitter had already predicted a humiliating defeat for Prime Minister Mahathir Mohamad in the Tanjung Piai by-election (click here to read the article). The official result is out – opposition Barisan Nasional has beaten Pakatan Harapan with a jaw-dropping majority of 15,086 votes. Clearly, that’s a huge slap […]
... written on Nov 17 2019
