Taxes
Java-immigrant Ahmad Zahid Hamidi misfortunes continue with no end in sight. It’s no wonder why the once powerful deputy prime minister was so eagerly getting back his seized passport to perform his “Umrah” in Saudi, despite the “mini Hajj” is non compulsory. He was so yearning that he fought to the Federal Court, the highest […]
... written on Jun 26 2019Donald Trump still talks as if his latest tariff hike – from 10% to 25% on US$200 billion worth of Chinese goods – is like money dropping from the sky. The U.S. president continues hoodwinking his supporters that the Americans are winning because as a result of the trade tariffs, China pays US$100 billion to […]
... written on Jun 21 2019China just revealed that its overall trade surplus registered US$41.65 billion last month (May 2019) – despite ongoing trade war with the U.S. That’s a mind-boggling number as economists polled by Reuters had expected the country to post an overall trade surplus of only US$20.5 billion. Instead of forecast that both exports and imports would […]
... written on Jun 11 2019Donald Trump believes strongly that “tariff” is his most powerful weapon against China, and other countries for that matter, for refusing to kowtow to the supremacy of America. The weaponization of tariffs was used to the extreme on Chinese goods. When Beijing refused to surrender, the U.S. blacklisted Huawei in an attempt to kill the […]
... written on Jun 02 2019When Donald Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports in March last year, the U.S. president hadn’t a clue that some dirty business would hit back the Americans. He has been whining and bitching about China’s “unfair” trading practices, intellectual property theft and whatnot. The U.S. has […]
... written on May 29 2019July 18, 2017 was the day Mahathir Mohamad urged, even persuaded, then-PM Najib Razak to attend a forum so that both leaders could have a debate. Scheduled to be held on August 13 that same year in Shah Alam, Mr. Mahathir said – “It is a good chance for him to explain things and clear […]
... written on May 26 2019Don’t underestimate the power of Trump’s tweets. The U.S. president has shown how the world superpower can destroy the world, or global stock markets to be precise, without launching nuclear missiles. His 102-word tweets erased close to US$2 trillion of the equity markets worldwide after indicating he will hike duties on US$200 billion worth of […]
... written on May 12 2019Stock markets across the world were flabbergasted by President Donald Trump’s tweets on Sunday. Known as the most powerful man on the planet, largely due to the U.S. military power, the post of the U.S. president has brought a new meaning under Trump administration. The U.S. president could easily bring down global stock markets from […]
... written on May 10 2019In the first week of Najib Razak’s trial, his team of legal eagles tried to paint a picture that their client, former prime minister as well as finance minister, was the “victim” in money laundering and criminal breach of trust (CBT) of over RM42 million belonging to former 1Malaysia Development Berhad (1MDB) subsidiary SRC International […]
... written on Apr 30 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 2019
