FundMyHome will not lead to a subprime crisis, says Tong

KUALA LUMPUR (Nov 15): EdgeProp Sdn Bhd chairman Datuk Tong Kooi Ong said the FundMyHome platform, which provides an alternative form of financing for first-time homebuyers, will not lead to a subprime crisis and would in fact have the reverse effect.

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Rosmah and former aide Rizal arrive at KL Sessions Court

KUALA LUMPUR (Nov 15): Datin Seri Rosmah Mansor, who is currently facing 17 money-laundering and tax evasion charges, has arrived at the Kuala Lumpur Court Complex to face corruption charges allegedly involving an RM1.25 billion solar hybrid project fo…

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Ku Nan arrives at KL Court Complex to face charges

KUALA LUMPUR (Nov 15): Datuk Seri Tengku Adnan Tengku Mansor has arrived at the Kuala Lumpur Court Complex today to face charges, reportedly involving dubious Kuala Lumpur City Hall (DBKL) land deals.
Wearing a blue batik top, the former federal territ…

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The Untold Lives Of The Saudi Royal Family

Saudi Arabia is a controversial region of the world thanks to its royal family known as the House of Saud.

They have dealt with turmoil within the ranks and have wreaked havoc on those who disobeyed them…

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US state spending exceeds $2 trillion in fiscal 2018: report

NEW YORK (Nov 15): U.S. state spending topped $2 trillion for the first time in fiscal 2018, with Medicaid expenditures rising the most along with a significant increase in transportation spending, according to a report released on Thursday.
Total expe…

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China is leading the world to an electric car future

(Nov 15): The world’s biggest market for electric vehicles wants to get even bigger, so it’s giving automakers what amounts to an ultimatum. Starting in January, all major manufacturers operating in China—from global giants Toyota Motor and General Mot…

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ATAIMS, Sanbumi, Tatt Giap, Elk-desa, Permaju, Poh Huat

KUALA LUMPUR (Nov 15): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s noon market close today. Three stocks displayed positive momentum while the other three stocks showed negative momentum.
The stocks with positive momentu…

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Canberra’s go-slow is now beyond a joke

This week, for instance, the Senate has spent about four hours on motions that can spark debate but do not change anything, just like the “it’s OK to be white” motion that was so divisive last month.

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KLCI crosses 1,690-threshold in line with regional gains

KUALA LUMPUR (Nov 15): The FBM KLCI crossed the 1,690-threshold at midday break today, tracking gains at most regional markets, encouraged by positive news China has responded to U.S. trade demands.
At 12.30pm, the FBM KLCI reversed its earlier losses …

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