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Arriving in waves, letters from the Trump administration started reaching the desks of 14 countries on Tuesday (July 8) ahead of the July 9 deadline. However, the 90-day pause will get some breathing space as the new tariffs will begin only on August 1. Apparently, Trump renewed his threat of a 25%
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Beijing frequently criticises the U.S. of employing out-dated, zero-sum thinking in trying to contain and suppress China’s rise through the lens of “Cold War mentality”. As recently as June 2025, China denounced US Defense Secretary Pete Hegseth for calling the Asian country a threat, ac
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As Legoland Shanghai Resort officially opened its gates to public on Saturday (July 5) in Shanghai, thousands of local tourists poured into China's first Legoland. Visitors began lining up early in the morning, many coming from Shanghai and nearby cities, despite the scorching summer heat and long
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With merely days before Washington’s reciprocal tariffs come back in full force, global attention turned to Vietnam on Thursday (July 3) after Donald Trump announced a trade deal with Hanoi. Under the agreement, which the U.S. president proudly called the “Great Deal of Cooperation”, the U.S.
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Mahathir fearlessly charged Najib, while Muhyiddin boldly convicted Najib, and Ismail stubbornly sent Najib to prison. But Anwar cowardly rewarded Najib with not only a royal pardon, but appears to be on the track to arrogantly drop all remaining corruption charges on Najib after a fearless and res
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When you first start your business, you probably won’t have too many people to rely and depend on in an effort to run your operations smoothly. Your employees, a partner or two outside the firm, and, of course, your customers. Things, however, change significantly as your business grows. If you w
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Households in Singapore have reasons to smile from July to September due to lower energy and fuel costs – a drop in electricity and gas prices. Electricity bills will decrease by 0.65 cent per kilowatt-hour (kWh), while gas prices will fall by 0.44 cent per kWh. This comes after grid operator SP
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At midnight on June 13 (which coincided with the “unlucky” Friday 13th), Israel’s generals gathered in a bunker beneath Israeli air force headquarters and watched as jets descended on Tehran in an operation they called “Red Wedding.” Hours later and 1,000 miles away, Iran’s top mil
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At the rate PAS racists and extremists keep shooting its own foot, one may wonder if the Malaysian Islamic Party (PAS - Parti Islam Se-Malaysia) is trying to help rival Prime Minister Anwar Ibrahim stay in power for another 20 years. Its latest attack on the promotion of Major General Johnny Lim
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Iran fired 14 ballistic missiles at U.S. troops in Qatar on Monday (June 23), and in its typical hilarious face saving drama, has claimed to have “destroyed the American air base” in retaliation for U.S. strikes on three nuclear sites. With internet blackout still in place, Tehran did not need
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Tax attorney
June 3rd, 2009 by financetwitter
Amazing, isn’t it? Just when you thought the dust has settled another surprise, or rather scandal, appears and screaming for your attention. Unlike BMF scandal that saw a whooping RM2.5 billion vaporized into thin air back in 1980s the same cannot be said about PKFZ’s scandal which has eaten RM7 [...]
May 30th, 2009 by financetwitter
PKFZ (Port Klang Free Zone) scandal is perhaps the biggest scandal the country ever had so far from the legacy of former premier Mahathir Mohamad since the BMF scandal, that’s if you ignore the Central Bank’s losses from the foreign exchange speculation. BMF (Bumiputra Malaysia Finance Ltd) scan [...]
May 28th, 2009 by financetwitter
CIMB Investment Bank Berhad claimed that foreign investors returned in droves bringing in their hot money as if they have no where else to park their money. The funny part is CIMB can only target the KLCI to reach 1,060 points by year-end, another 20 points from today’s index of 1,040. Why not 1,2 [...]
May 27th, 2009 by financetwitter
General Motors Corp. (NYSE: GM, stock) announced that only a small fraction of the holders of its $27 billion in bonds agreed to swap their debt for a 10 percent equity share of a recapitalized GM. Without at least 90% of GM’s unsecured debt bondholders agreeable to the swap-plan, GM has no other [...]
May 24th, 2009 by financetwitter
Before we hear (hopefully not) any more bad news from the banking institution (if any) it seems General Motors Corp.’s (NYSE: GM, stock) overdue problem is running out of fuel and is set to be known as early as end of this month – May 31st. People are betting that GM will have no other choice bu [...]
May 19th, 2009 by financetwitter
Every Tom, Dick and his “Siu Keong” pet Cockroach knows that there’s no way Najib’s administration can win the Penanti by-election *yawn, what’s new?*. It was predictable from the moment Najib announced that his government “may” not contest for the by-election, another way to test the [...]
May 17th, 2009 by financetwitter
Not many moons ago I wrote that the no-brainer or average-Joes yardstick to measure if the economy was getting bad was to look at how Starbucks’ (Nasdaq: SBUX, stock) business was doing. Furthermore at about RM10 a cup of coffee it’s considered a luxury, at least to the majority of the men on th [...]
May 14th, 2009 by financetwitter
Speculators and punters are at the crossroads now. Stock market has arrived at the traffic light – would it pause before continue its journey to the north or would it make a U-turn and go south? It’s freaking fun to see the look on the face of the speculators or punters now. If the so-called bea [...]
May 13th, 2009 by financetwitter
Would it be too cruel to say “I told you so” now that the Court of Appeal granted the so-called illegitimate Chief Minister Zambry a stay of execution on the High Court ruling yesterday that the so-called legitimate Chief Minister Nizar was the rightful Menteri Besar (Chief Minister) of Perak? F [...]
May 11th, 2009 by financetwitter
I’ve to admit I was rather surprised with the High Court decision that declared Nizar Jamaluddin as the rightful Perak Menteri Besar (Chief Minister) instead of ruling government’s choice, Zambry. Equally surprise was the Zambry’s application for a stay pending appeal which was immediately rej [...]
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