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Lloyd Austin, the first African American to serve as the U.S. secretary of defence, was eager to meet Chinese Defence Minister Li Shangfu at the Shangri-La Dialogue security summit on Saturday (June 3). His wishes came true - for only 10 seconds. He took the initiative to reach out to the Chinese mi
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Some 5 years ago, President Donald Trump launched a trade war with China. The goal was to decouple the U.S. economy from China. In 2020, with the U.S. presidential election approaching, Trump again raised the idea of separating the American and Chinese economies. In both 2016 and 2020 campaigns, Chi
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Something incredibly funny is happening in the Malaysian Islamic Party (PAS - Parti Islam Se-Malaysia). The desperate opposition party is so hungry for power that it was reduced to creating fairy tales that Anwar-led Unity Government has offered it to join the federal government. Even after the go
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The oil industry presents vast opportunities for traders who possess a deep understanding of market conditions and employ effective strategies. Let's delve into important aspects of oil trading, including various types of this valuable resource, factors influencing prices, trading strategies, risk m
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Germany officially plunged into recession during the first three months of the year. The Europe's largest economy contracted by 0.3% in the first quarter of 2023 after it suffered a decline of 0.5% in the fourth quarter of 2022. A recession is defined as two consecutive quarters of contraction, ther
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Disgraced Malaysian Chinese Association (MCA) reportedly has demanded 10 seats in the upcoming six state elections - Penang, Selangor, Negeri Sembilan, Kedah, Kelantan and Terengganu. Two of those seats are in Penang. Because there's zero chance of winning any seats in PAS-controlled states Kedah, K
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Malaysian Islamic Party (PAS - Parti Islam Se-Malaysia) might look calm from the outside, even after it failed to form a new government post-2022 General Election. But if you observe carefully, the religious extremist party is having internal crises. Cracks are visible between the party and its pa
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You can only push someone so far for so long before he fights back. For the last couple of years, the U.S. has been aggressively trying to stop the rise of the red dragon - from trade war to tech war, and from blacklisting Chinese technology giant like Huawei to forcing South Korea, Japan, Taiwan an
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Plagued with corruption charges, former Prime Minister Muhyiddin Yassin, whose given name is Mahiaddin Yasin but too embarrassed to use it, now depends on the upcoming state elections to return to power. Only then can the crook order the Malaysian Anti-Corruption Commission (MACC) to drop all his ch
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If you are looking to make a major purchase, chances are there’s a loan that is right for you. In this article, we’ll discuss some of the most common types of consumer loans available.
Finding the most affordable loan rates begins by understanding your creditworthiness. Lowering cre
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October 14th, 2006 by financetwitter
KUALA LUMPUR: Bursa Malaysia said it is deferring the launch of regulated short-selling/securities borrowing and lending (RSS/SBL) activity on the exchange until January 2007. frankly, i'm disappointed with the repetitive deferment of this simple yet useful & common practice of "short-selling" . [...]
October 13th, 2006 by financetwitter
Mattel would be announcing it's earning next monday, 16-oct-2006 bmo ... the holiday season is shaping up & Mattel Inc.'s HyperScan, a minor-league entry that seeks to carve a niche by combining a console with something else boys are known to like: collectible cards ... furthermore Cramer believ [...]
October 13th, 2006 by financetwitter
DJIA yesterday closed higher by almost 100 points challenging 12,000 level ... i expect djia, nasdaq, s&p500 to be within positive territory as these 3 main indexes plus russell, dow transport, semiconductor closed higher by 1% ...couple this with good earning by utility TNB (tenaga nasional ber [...]
October 12th, 2006 by financetwitter
Stocks advanced thursday, with the dow jones industrial average crossing 11,900 for the first time, after big consumer names like mcdonald's corp. gave investors hope that earnings would be strong despite a slowing economy. McDonald's corp., the world's largest fast-food chain, forecast third-quarte [...]
October 12th, 2006 by financetwitter
Will someone please ask the bull if it really getting ready for a charge ? as of 4 p.m. today (12-oct-2006), the bull seems like teasing us to watch if we have enough guts to jump-in the ride ... 970 has been breached and the 967 become our support ... but at the current 976 (up by 5 points +), it's [...]
October 12th, 2006 by financetwitter
one of my favourite, StarBucks (nasdaq : SBUX) is running out of steam since it's gap-up on 5th-oct-2006 ... yesterday closing of below the support of $ 38.00 confirmed the other indicators (rsi, stochastic, macd) that it's bearish ... moreover, stocktube indicator points to the bulls are slowing do [...]
October 11th, 2006 by financetwitter
Bursa Malaysia will be closed for trading from Oct 23 to Oct 25 in conjunction with the deepavali and hari-raya aidilfitri celebrations, according to a schedule posted on the bourse's website ... Meanwhile, the Association of Banks in Malaysia (ABM) said Oct 23 will also be observed as a holiday for [...]
October 11th, 2006 by financetwitter
My scanning today produced a couple of stocks which caught my attention and i specially like what i see in mbfhldg (mbf holdings bhd) ... it triggered the macd buy signal ... not only that, the stochastic shows a reversal from what seems to be consolidation as the continuity of bullishness ... rsi s [...]
October 10th, 2006 by financetwitter
I've been watching berjaya shares since 2 years ago as it has not moved quite as normal as during pre-1997 asean financial crisis.Berjaya is famed for it's restructuring exercise every now and then, the latest involved BJCorp.Anyway, based on the chart, it seems BJCap has break away with high volume [...]
October 9th, 2006 by financetwitter
Today is the birth-date of this blog http://www.financetwitter.com - I believe stock market is an in-efficient buyer-seller marketplace which consists of 3rd entity called blind-factor (kinda like black-hole) that sometime influences the pricing of individual stock without logical explanation.Hence [...]
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