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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 15th, 2019 by financetwitter
For over 60 years, a country called Malaysia was divided along racial lines between ethnic Malays and non-Malays. And for as long as one could remember, the Malays from UMNO, the political party that dominated the previous government before they were defeated in the last May general election, have b [...]
July 14th, 2019 by financetwitter
It's been 14 months since Pakatan Harapan (PH) took over. The jubilant and exuberant spirit has long gone. Nowadays when PH politicians speak, people start grumbling about promises not fulfilled. How are people to trust a government that doesn't fulfill it's manifesto's promises? Do they think peopl [...]
July 14th, 2019 by financetwitter
After months of investigation following Facebook’s 2018 Cambridge Analytica scandal, the Federal Trade Commission (FTC) decided to slap the company with US$5 billion (£4 billion; RM20.5 billion) fine - the largest ever imposed by the FTC against a tech company. Yet, the punishment was like a mos [...]
July 12th, 2019 by financetwitter
Anwar Ibrahim's ambition to become the 5th Prime Minister of Malaysia was crushed when then-PM Mahathir Mohamad sacked him in 1998. Mr. Anwar, who served as the deputy prime minister from 1993 to 1998 under Dr. Mahathir, was declared not fit to be the next premier for corrupt practices and sodomy - [...]
July 12th, 2019 by financetwitter
Against the threat of retaliation - even trade war - from the United States, the French have decided to slap a new tax on American companies. On Thursday (July 11), France’s Senate approved "3% digital tax" on the revenues of multinational firms and tech giants like Facebook, Google and Amazon. Tr [...]
July 11th, 2019 by financetwitter
When Mahathir Mohamad openly invited all Malay parties, including the UMNO, to join his party PPBM (Bersatu) under the pretext of Malay unity, it raises eyebrows. To the people who had shed sweat, tears and probably even blood bringing down the corrupt and toxic UMNO last May General Election, the p [...]
July 10th, 2019 by financetwitter
American plane manufacturer Boeing has every reason to be worried even after 4 months its best-seller 737 MAX aeroplanes has been grounded. It seems the safety scandal isn't going to be solved as quickly as Boeing and its stakeholders had expected - suggesting that the problems plaguing the aircraft [...]
July 10th, 2019 by financetwitter
After history was made with the swearing in of Dr Wan Azizah Wan Ismail last year as the country's first female deputy prime minister, more women have been entrusted and empowered with top positions never seen before. In May this year, Malaysia saw the appointment of Tengku Maimun Tuan Mat as the co [...]
July 8th, 2019 by financetwitter
On Sunday (July 7) in Europe, 150-year-old German bank - Deutsche Bank - officially launched its restructuring plan to cut a mind-blowing 18,000 jobs by 2022. By Monday morning (July 8), the entire teams in Deutsche Bank's Asian operations were told to pack and clear their desks, before their securi [...]
July 8th, 2019 by financetwitter
Forget about sexy rumours that PM-in-waiting Anwar Ibrahim is moving to unseat PM Mahathir Mohamad. Also, forget about naughty speculations that Mahathir is about to install Azmin Ali, his blue-eyed boy, as the new deputy prime minister, hence destroying Anwar's hope to become the next prime ministe [...]
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