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Wall Street's massive data edge is evaporating. The elite technology that once required a multi-million-dollar quantitative setup, dedicated server rooms, and teams of PhD mathematicians is now sitting on consumer laptops. This isn't about magical market forecasting or finding a flawless crystal ba
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Comparing Premier League teams is not always as simple as checking their position in the table.
Two clubs can sit next to each other in the standings while having very different strengths, weaknesses, and styles of play. One may rely on a strong defence and narrow victories, while another may sc
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From 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 r
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Depending 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 incr
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The 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 pressur
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Perak DAP has unanimously decided to remain in the unity government led by Prime Minister Anwar Ibrahim. That’s not surprising considering that the chief of the Perak Democratic Action Party (DAP) is Nga Kor Ming, who is also the powerful Minister of Housing and Local Government. To resign wou
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Troubling security information reached the upper tier of Trump’s team on July 7, the first day of the NATO summit. Hosted by Turkey for the second time in history, the 36th NATO summit in Ankara (July 7 – 8) came at a critical moment. As President Donald Trump’s motorcade rushed through Turke
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In 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
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A 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 conflict,
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Anwar Ibrahim is the best prime minister money can buy, his hardcore supporters claimed. He is also Malaysia's most popular political leader, according to a Merdeka Center survey recently. Even if the 10th Prime Minister is a fake reformist, serial liar, hypocrite, traitor, untrustworthy, anti-Chin
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July 24th, 2019 by financetwitter
The gay sex video of Azmin Ali has been a great distraction that for a while, everybody has forgotten about the trial of Najib Razak, who is currently facing 7 charges of criminal breach of trust (CBT), money laundering and abuse of power over RM42 million of funds from SRC International, a former s [...]
July 23rd, 2019 by financetwitter
Turkey began receiving deliveries of Russian S-400 systems earlier this month (July 12), and the United States was not happy. Turkish's defiance has forced the U.S. to begin removing the NATO ally from its F-35 stealth fighter program over security concerns. U.S. officials argued the Russian system [...]
July 22nd, 2019 by financetwitter
Suddenly, Mahathir's party - PPBM (Bersatu) - may balloon to 41 Parliamentary seats from the current 26 seats, which was doubled through defections of UMNO MPs. Not bad for a party which won only 13 seats in the May 2018 General Election. If that happens, it will be an appreciation of 215% of seats [...]
July 21st, 2019 by financetwitter
Two weeks earlier (July 4), Britain’s Royal Marines seized an Iranian oil tanker carrying more than 2 million barrels of Iranian crude oil in Gibraltar, a British overseas territory. Britain accused the ship of transporting oil to Syria, hence had violated European Union sanctions. Officials initi [...]
July 20th, 2019 by financetwitter
As expected, Inspector-General of Police (IGP) Abdul Hamid Bador declared that an explosive gay sex video implicating Economic Affairs Minister Azmin Ali is genuine, but the identities of the two men in the clips cannot be determined. It would certainly be a big surprise if the top cop said the iden [...]
July 19th, 2019 by financetwitter
In March 2018, India raised the import tax on crude palm oil to 44% from 30% and hiked the tax on refined palm oil to 54% from 40%. The fourth increase in import tax in less than 6 months - the highest level in more than a decade - was to protect the country's local rapeseed crop. India imports palm [...]
July 18th, 2019 by financetwitter
For the 12-month period from April 2018 to March 2019, U.S. home purchases by foreign buyers dropped 36%. According to the National Association of Realtors (NAR), foreigners bought only 183,100 properties worth about US$77.9 billion, down from 266,800 valued at US$121 billion in the previous period. [...]
July 17th, 2019 by financetwitter
Mahathir Mohamad must be both amused and insulted after former prime minister Najib claimed in a speech to UMNO delegates on July 12 that Lim Kit Siang had presented the idea of setting up a new party - PPBM (Bersatu) - to Dr Mahathir prior to 14th General Election. The co-called evil scheme was to [...]
July 16th, 2019 by financetwitter
Legend says that Chinese civilization is 5,000 years old. But some argued they were only 3,200 years old. Regardless, the fact remains that while the Chinese civilization survives thousands of years, the Roman Empire did not. Throughout the history, the empires and kingdoms of ancient China had gon [...]
July 16th, 2019 by financetwitter
The return of former Prime Minister Najib Razak to his party - UMNO - is certainly great news for Mahathir administration. After all, it was the former president of UMNO who had stunningly brought down his own government, enabling the then-opposition Pakatan Harapan coalition wrests over the governm [...]
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