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Stocks dropped almost 700 points on Friday (Jan 10, 2025) - effectively pushing all major benchmarks into the red for the New Year 2025. The Dow Jones Industrial Average (DJIA) lost 696.75 points or 1.63% to close at 41,938.45, whilst S&P 500 and NASDAQ lost 1.54% and 1.63% respective
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From saying he didn't know Jho Low to insisting no money had lost from 1MDB (1Malaysia Development Bhd) sovereign funds, and from pretending to be shocked over US$681 million found in his personal bank accounts to claiming he had been scammed by partner-in-crime Jho Low, former Prime Minister Najib
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Donald Trump has not officially taken office until January 20. Yet, his most trusted lieutenant, Elon Musk, has already started flexing power as if he is the POTUS. And if President-Elect Trump's policymaking process requires input from the Tesla billionaire, there's a long list of countries that s
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The advent of social media and the democratization of finance has made online trading for beginners more accessible to millions of people all over the world. Every day, hundreds of thousands of traders and investors go on social media platforms like Twitter (now X.com) to discuss new market develop
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Trading FX currencies can be incredibly profitable but depending on your trading experience the profitability of your trading might improve with proper market analysis. Fundamental analysis simply means to use macroeconomic indicators like inflation, interest rates, GDP, geopolitical events, and si
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Najib Razak has won a battle today (Jan 6) after the Court of Appeal granted him leave to pursue his legal bid for house arrest in a split 2-1 decision by a three-judge panel. The decision was arrived after Najib's lawyers produced a purported letter from the Pahang Palace confirming the existence
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UMNO is deeply split into two factions - Zahid Hamidi and Najib Razak. In order for Zahid to continue leading the United Malays National Organization, Najib has to remain in prison. If Najib is allowed to serve his remaining jail sentence under house arrest, UMNO president Zahid will eventually los
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China, the world's most populous nation with 1.4 billion people and the planet's second biggest economy, possessed the world's largest network of high-speed railways. As of the end of 2020, China had built 146,300-kmof railways, with over 40,000 kilometres of high-speed rail (HSR) - the world's lon
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As people welcomed the 2025 New Year, a pair of terrorist attacks in the U.S. tourist hubs has shocked the country. In New Orleans, Shamsud-Din Jabbar, a 42-year-old Texas man who served in the U.S. Army for 13 years including a deployment to Afghanistan, rammed a rented Ford pickup into revelers&n
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When Teresa Kok disagreed that halal certification be made compulsory to all restaurants and food companies, Prime Minister Anwar Ibrahim had chosen to reprimand her, a member of the loyal ally from DAP (Democratic Action Party). Instead, Anwar agreed with UMNO troublemaker Akmal Saleh, who attacke
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December 7th, 2024 by financetwitter
A day after the assassination of UnitedHealthcare CEO Brian Thompson, the New York Police Department (NYPD) has released images that showed the face of the man believed to have killed him outside the Hilton Hotel in Manhattan, where he was supposed to attend the company's annual investor confe [...]
December 5th, 2024 by financetwitter
Bitcoin, the largest cryptocurrency, breached the US$100,000 for the first time just before 10 p.m. Eastern Time on Wednesday (Dec 5), before steadily climbed as high as US$103,852 - a new all-time high. Essentially, bitcoin’s total market capitalization now stands at US$2.03 trillion, more than [...]
December 4th, 2024 by financetwitter
Nothing short of the most powerful post - Prime Minister - can swing Barisan Nasional to the Opposition. That's because Ahmad Zahid Hamidi, who is the president of UMNO and the chairman of Barisan Nasional, is already the Deputy Prime Minister. Why go through all the trouble to quit the current Uni [...]
December 2nd, 2024 by financetwitter
As recently as November 8, days after Donald Trump’s victory, White House press secretary Karine Jean-Pierre rubbished a pardon or clemency for President Biden's son, Hunter. She said - "We’ve been asked that question multiple times. Our answer stands, which is no". In June, at the G7 summit in [...]
December 1st, 2024 by financetwitter
An annual disaster, Malaysia flooding this year has forced 150,000 people (and counting)out of their homes across the country, with at least 4 fatalities - surpassing the worst floods in the country recorded in 2014, which saw 118,000 displaced. The flooding, which began earlier in the week, has fo [...]
November 29th, 2024 by financetwitter
Fresh from being elected as the 47th U.S. President, Donald Trump has moved at lightning speed in forming his team. His new Cabinet features younger faces and fresh ideas, with heavy representation from the business world. Crucially, the Trump 2.0 shows less influence of the GOP establishment than [...]
November 28th, 2024 by financetwitter
Unfortunately, crypto threats are more dangerous and costly than ever. This is a natural evolution of the situation at hand. With more money circulating in the crypto market, more potential threats exist. Moreover, in the past, only tech-savvy individuals traded in crypto, and, by default, these pe [...]
November 27th, 2024 by financetwitter
Despite his age of 99, Mahathir Mohamad appears to be able to throw a few punches at the Anwar government every now and then. Known as a master strategist, the oldest living former Malaysian prime minister has once again provoked the nation of 34 million where the complex relationship between race [...]
November 26th, 2024 by financetwitter
There are a lot of money-making ways in today’s times, but starting your own business can be a bit complex. Your success is often going to hinge on a sustainable model, and this is where you can effectively scale when the time is right.
One thing that you can do is to create a sales funnel tha [...]
November 25th, 2024 by financetwitter
Assuming Opposition Perikatan Nasional (National Alliance) could win enough seats in the next 16th General Election to form a government, which it can't without a shift in Chinese votes, who will become their next prime minister? The precise question should be who is the most qualified leader capab [...]
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