Finance and Economy
Once a contract is signed, sealed and delivered, it becomes a formal legally-binding contract. Nobody can violate or breach the terms and conditions of the agreement. Well, actually it can be violated, it you could flex your muscle like military superpower America. You play dirty by accusing the other party of violating the contract, even […]
... written on Apr 17 2019Four out of six largest American banks have released their first-quarter financial results over the past week. And their results aren’t convincing. J.P. MOrgan and Wells Fargo reported quarterly profit and revenue that exceeded analysts’ expectations. However, Goldman Sachs and Citigroup missed analyst estimations. All eyes are now on Morgan Stanley and Bank of America. […]
... written on Apr 16 2019The controversial East Coast Rail Link (ECRL) project has finally gotten its answer after being suspended for 10 months. Its main contractor, China Communications Construction Ltd (CCCC) received a notice to suspend all work on July 4 last year after Pakatan Harapan formed the new government of Malaysia, upon a spectacular downfall of the Barisan […]
... written on Apr 16 2019During Barisan Nasional (BN) government, only certain states and certain supermarkets banned plastic bags. Shoppers were charged RM0.20 for each plastic bag requested. After Pakatan Harapan (PH) government takes over, the entire nation is being targeted. Now, even wet markets, morning markets or night markets have started charging for plastic bags. What’s so wrong […]
... written on Apr 15 2019At the rate former Prime Minister Najib Razak and his buddy, PAS Islamist Party President Hadi Awang, spew lie almost on a daily basis, one may wonder if both are trying to outdo each other for the serial liar championship. Of course, it’s quite unfair that Mr. Hadi abused his status as an Islamic religious […]
... written on Apr 13 2019Boeing is not out of the woods yet, despite saying it has completed 96 flights testing the performance of the 737 Max with updated software for the plane’s MCAS flight control system. CEO Dennis Muilenburg said – “Our team has made 96 flights totaling over 159 hours of air time with this updated software. We […]
... written on Apr 12 2019Theresa May, arguably one of the most incompetent British leaders the country has ever produced, has been given an additional six months to find the best possible solution to the Brexit deadlock. The new Brexit deadline will be on October 31, after the British Prime Minister begged and requested a further delay to the U.K.’s departure […]
... written on Apr 11 2019In 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 land for RM188.5 million, when an area as huge as 70 acres was […]
... written on Apr 09 2019The RM10 million he remitted through a money changer a decade ago was for the purchase of an apartment in London – claims former Negeri Sembilan Mentri Besar (Chief Minister) Mohamad Hasan. It appears his past has come back to haunt the Barisan Nasional candidate fighting for the Rantau by-election. Popularly known as “Tok […]
... written on Apr 08 2019Apple may be one of the richest companies on the planet, and US$900,000 is just a drop in the ocean for the iPhone maker, considering it has an eye-popping US$44 billion cash on hand. However, when such a giant is scammed, it’s no longer about money but rather the tarnished reputation. How on earth could […]
... written on Apr 07 2019
