Finance and Economy
In a rare move, Donald Trump personally welcomed Xi Jinping’s entourage at Andrews Air Force Base as the U.S. Air Force band marched on the tarmac and U.S. and Chinese flags flew. The last American president to welcome a foreign leader at Andrews John F. Kennedy in 1962, although Trump welcomed Russian President Vladimir Putin […]
... written on Sep 24 2026US President Donald Trump is giving Chinese President Xi Jinping a king’s welcome this week, as he pursues what the White House calls “strategic stability.” The question is whether there will be much substance beneath the surface pomp. The administration is fast losing the Iran War. China is helping Iran shoot at Americans in the […]
... written on Sep 22 2026I have stated my views honestly, guided by my conscience and with the best interests of the nation in mind – says Hannah Yeoh. About a week later, the Federal Territories Minister, who is also a critical member of the Pardons Board, denied ever signing a house arrest order for former Prime Minister Najib Razak. […]
... written on Sep 19 2026In a move widely anticipated by Wall Street, the Federal Reserve unanimously raised its benchmark interest rate by a quarter percentage point – with a possibility of one more increase in the cards before year-end. Effectively, the rate hike moves the central bank’s target range on the overnight funds rate to 3.75% to 4%, where […]
... written on Sep 17 2026For months, many investors had viewed the 4.5% yield on the benchmark 10-year note as an attractive point to step in and buy bonds. But as yields surged through that level, market participants adjusted their view and opinion. Analysts and economists then believed that the 10-year yield was heading to 4.75%. Now even that level […]
... written on Sep 14 2026On the day the United States remembered the terrorist attacks 25 years ago, Malaysia was almost hit by a huge explosion on September 11 – a sudden release of Najib Razak from jail. Currently in Kajang Prison, Najib was scheduled to complete his term only on Aug 23, 2028 after securing a partial royal pardon in […]
... written on Sep 11 2026Brent, the international benchmark, jumped above US$99 a barrel on Tuesday (Sept 8) – the highest since July – after Iran-backed Houthi militants in Yemen conducted strikes on energy infrastructure in Saudi Arabia. The oil prices also jumped as a result of retaliation from the U.S. that destroyed four Iranian tankers in the Gulf of Oman and […]
... written on Sep 09 2026Don’t criticize UMNO-Malays as we need their votes in the next general election – Anwar Ibrahim told Anthony Loke Siew Fook, the secretary-general of Democratic Action Party (DAP) who gladly obliged after Anwar-led Pakatan Harapan (PH) coalition formed a unity government with UMNO-led Barisan Nasional (BN) alliance post-November 2022 national polls. Let Akmal Saleh […]
... written on Sep 06 2026Donald Trump hails “historic” deal for the U.S. to control 65 billion barrels of Venezuela’s oil, which critics slammed as a deal made at “gunpoint”. Of course, the U.S. has denied that the energy deal, which the U.S. president bragged as “the biggest oil deal in world history”, is an example of Washington’s “heavy-handed” attempt […]
... written on Sep 03 2026Despite approval rating hitting 32%, Donald Trump’s worry isn’t about re-election or the Iran war. Instead, the U.S. president, whose second-term has seen the Dow Jones, S&P 500 and Nasdaq rallied 57%, 70%, and 142% respectively, is deeply worried about a stock market crash. After all, he has been somewhat of a magnet for major […]
... written on Sep 01 2026
