Andrew Burton Stocks making the biggest moves premarket: JPM, QCOM, AVGO, NFLX, SBUX, GM, SPOT & more J.P. Morgan Chase – The bank reported quarterly profit of $2.37 per share, beating the consensus estimate of $2.28. Revenue also beat forecasts, and CEO Jamie Dimon said J.P. Morgan’s business were doing well “across the board”. Qualcomm – Former chairman Paul Jacobs is talking to investors
DIFF Dare to be DIFFerent in the city's e-hailing services KUALA LUMPUR — City dwellers in Kuala Lumpur knows that when it comes to traffic woes, it is one to dread especially during rush hour. However, luckily for Malaysian taxi riders, DIFF Global Solutions Sdn Bhd (DIFF) – an e-hailing provider – has revolutionised the game. It said this was achieved through
Jeeha out: Party to strengthen roots with Dulloo In a very expected move, Pradeep Jeeha, once a Paul Berenger loyalist has taken leave from the political bureau of the MMM. Jeeha, in a correspondence to Berenger, said an ‘unhealthy state of affairs’ has gripped the party. However, WFTV reported last year that Jeeha failed in a bid to
Whither Chinese FDI's in Kedah post-GE 14. The thought of a ‘Malay Tsunami’ in the state of Kedah stemming from the Tun Mahathir Mohamad factor impacting Chinese investment in the state is discussed here by Karl C. L. Lee. April 8, 2018: Prior before the dissolution of the Malaysian Parliament, the news about the 15,000-man
affordable Mauritius Here are five affordable things to do in Mauritius Belle Mare Beach: Mauritius’s wild east coasts beach is home to some of the best white sands and azure ocean on the island. The Belle Mare beach has a string of luxury resorts but having said that you could find a few stretches of public beach for budget day-
Korea Expressway Korean Expressway kicks off traffic congestion consulting project The Korea Expressway Corporation in a media release said it kicked off a consulting project for traffic congestion mitigation in Mauritius on March 30. The opening ceremony for the project with a total value of 12 billion won was attended by Mauritius Prime Minister Pravind Jugnauth and local government officials.
Bastos, the Angolan fund and Mauritius The Angolan sovereign wealth fund, Fundo Soberano de Angola, or FSDEA, manages $5 billion on behalf of Angola. And there are concerns about how it is managed. Its chairman, José Filomeno dos Santos, was appointed by his father, then president of Angola, José Eduardo dos Santos. dos Santos led the
Muslims in Mauritius Untold political story of Muslims in Mauritius since 1976 The untold political story: The Muslim contribution from 1976 onward Mauritius Muslims have a great political history. However, it is one filled with elements fit for a ‘serie noire’. Muslims are now saying the political class used them for their own gains. The Muslim political history is rigged with betrayals,
World Poetry Day World Poetry Day: Malaysian Poet Shines World Poetry Day is celebrated every March 21, a decision made by UNESCO at Paris in the year of 1999. One of its main goals is to support linguistic diversity through poetic expression and preserve the genre, especially the oral tradition of poetry recital and concurrently promoting poetry teaching. Besides,
Lal Dora March 83: How hidden forces split the MMM March 83 will remain a sad day in the glorious history of the MMM and an even sadder one for Mauritius. We saw how the U.S. could have played a hand in the dismissal of President Ameenah Gurib-Fakim. We know how India has a heavy hand in the
Berenger for President in MMM-MSM alliance Talks between the MMM and the MSM are still on, despite denials from the MMM leadership. The latest we heard is the MSM’s offer to put MMM leader Paul Berenger as President after the next General Elections. The elections are not due until next year, but electoral alliances are
Still no MH370 at the bottom of the Indian Ocean! https://youtu.be/5F-w34oqqCY Still no MH370! Is this news fake? Or factual? The search team and the people responsible for the search operations should clarify this. No news is filtering out of the Seabed Constructor. The ultra-sophisticated ship that carries satellite vehicles can scan the equivalent of
AT Global Markets emphasizing education in their expansion into Malaysia. Online trading services provider, AT Global Markets Malaysia (AT Malaysia) launched their first office in Johor Bahru on 24th March, following AT Global Markets latest entry in Southeast Asia after Taiwan and the Philippines. With a large number of trading platforms available, AT Malaysia has identified investor education as a
Angola’s sovereign fund Mauritius offshore used to to move kickbacks from Angolan sovereign funds? Key findings of an ICIJ report on Mauritius’ offshore banking show potential breaches in the Island’s financial services. The report says managers of Angola’s sovereign wealth fund used Mauritius to move millions of dollars. The Angolan fund is called Fundo Soberano de Angola, or FSDEA. The report also
Chinese taxis Severity against illegal hotel taxis or a strike is on hand! The National Transport Authority (NTA) will have a strike on its hands if it fails in its crack-down on illegal hotel taxis. WFTV reported last month that Chinese citizens were abusing the situation. Nevertheless, there is a lack of enforcement and perceived corrupt practices in the industry. “They are
PAS is the party to watch! The party to watch in Malaysia’s next General Elections is the Islamists PAS. They are capable of derailing the opposition’s plans in capturing Putrajaya and their manifesto indicates why. There is little expectation of PAS itself performing well at the upcoming general election. To take just one example,
35 years ago 35 years ago, the breaking-up of the MMM-PSM 60-0 government! 35 years ago to date, the country lived through a historical moment. March 1983: The MMM, headed by Paul Berenger, left the coalition government. That was nine months after seizing power in June 1982. On 11th June, the MMM-PSM trashing of the Labour Party with a 60-0 victory
hidden hands The hidden hands of the US in Gurib-Fakim's fall? Hidden hands did play a big role in the downfall Ameenah Gurib-Fakim. Sources say the Americans, infuriated by Mauritius push for the return of Diego Garcia, divided the Mauritius government. In a move to weaken the Mauritian government, the U.S. played the divide and rule game. According to
OCT 2014 OCT 2014: FSC signed MoU with Angolans October 2014, the Mauritius financial services commission signed a MoU with the Comissão do Mercado de Capitais, Angola. The deal underlines the importance of increasing international activity in the financial market. The MoU also deals with the corresponding need for mutual cooperation and consultation among financial regulators. This is to
coup Law-savvy Presidents needed to spare us another scare? Law-savvy Presidents neede? Will it be a necessity and mandatory for would be Presidential candidates to be law-savvy in order to spare us another scare? Is this possible? The recent crisis surrounding the case of exiting President Ameenah Gurib-Fakim is the focus point. Experts – in law and
What does Gurib-Fakim know that we don’t know? Resigning president Ameenah Gurib-Fakim says she will reveal some juicy information at the press conference. This is due to happen after she leaves the state house. However, there are multiple speculations circulating about her intent and motives. People are asking whether she knows more than the political power can
vietnam-strategic-australia Vietnam in greater strategic partnership with Australia Vietnamese Prime Minister Nguyen Xuan Phuc wants to tie his country’s defence interests closer to Australia’s. It is a strategic partnership that he hopes will move forward. The partnership is necessary for both nations as China becomes a dominant force in this region. Ahead of the special Asean-
failed-labour-meddling Failed Labour meddling emerges in President's move? Did Ramgoolam gave it away during the media conference Is it a failed Labour meddling in the President Ameenah Gurib-Fakim’s move to institute an inquiry to self-absolve herself? This is what is now apparent following the latest developments in Mauritius. The Labour Party leadership today said MP
Illegal power grab by Ameenah Gurib-Fakim? The law society is divided on the unprecedented move by President Ameenah Gurib-Fakim, overriding legislative powers in Mauritius. Her institution of a commission of inquiry to investigate her good self is seen as a coup against the legitimate government of Mauritius by some. But others are saying it is
Elections Stability for Russia is stability for the world Malaysians are expecting a general election by the middle of this year but relatively few are aware that Russia will be having their own presidential elections on March 18, just one of many areas of interest that both countries share. With the elections in the Russian Federation, it is hoped
