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In 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
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For 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 headi
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On 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 part
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Brent, 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 d
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Don’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 Nas
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Donald 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 e
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Despite 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 h
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A day before former human resources minister M Saravanan was charged on Friday (August 28) with receiving bribes amounting to RM1.097 million to approve foreign worker quotas, he publicly trumpeted how he had written to Prime Minister Anwar Ibrahim on Wednesday about what he called the Malaysian An
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Everybody from teachers to retirees joined South Korea’s stock market frenzy, betting prices would rise forever. Samsung Elecronics share price was up by 320% in June 2026 – a staggering jump from October 2025. In the same period of nine months, SK Hynix jumped by 710%. KOSPI Composite Index sk
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Wall Street's massive data edge is evaporating. The elite technology that once required a multi-million-dollar quantitative setup, dedicated server rooms, and teams of PhD mathematicians is now sitting on consumer laptops. This isn't about magical market forecasting or finding a flawless crystal ba
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December 29th, 2020 by financetwitter
One of the most popular questions being asked is exactly when will China overtake the United States as the world's largest economic power. For such a simple question, it's amazing how economists, analysts and experts have very different opinions or methodologies to arrive at the answer. Some said it [...]
December 27th, 2020 by financetwitter
As Malaysia becomes more radical and extreme, this year's Christmas has again attracted blockbuster drama from some silly religious fanatics whose faith in Islam appears to be challenged - by cakes. Apparently, bakery or cake shops with "halal certification" cannot decorate cakes with "Merry Christm [...]
December 24th, 2020 by financetwitter
As over 50 countries in Asia, Europe, South America, Canada, the Caribbean and the Middle East impose travel bans on the United Kingdom to stop a new Coronavirus variant from spreading, the stock markets plunged. In spite of availability of vaccines, investors were still spooked because the new vari [...]
December 23rd, 2020 by financetwitter
While the incompetent backdoor government of Muhyiddin Yassin struggles to explain why Malaysia is months behind neighbouring Singapore in gaining access to Coronavirus vaccines, Singapore has revealed its recipe. Actually, it was not really any super formula, but through common sense, science, meth [...]
December 23rd, 2020 by financetwitter
Trading has never been an easy concept, although it has always been extremely popular. After all, everyone is drawn towards the idea of making quick and enormous profits, which is exactly why trading is grabbing everyone’s attention. Yet, the simple truth is that not everyone can do this and espec [...]
December 22nd, 2020 by financetwitter
Last month, China stunningly disqualified four pro-democracy Hong Kong lawmakers from its legislature for not being patriotic enough. Apparently, Beijing passed a resolution allowing the city's government to bypass the courts and dismiss any politicians deemed a threat to national security. In respo [...]
December 21st, 2020 by financetwitter
Getting your small business off the ground will take some serious planning. Once you have your ideas in a row, you'll need to put together a business plan, get an EIN, set up a bank account, and find some money. Funding your dream business may take several paths.
Getting a Small Busines [...]
December 20th, 2020 by financetwitter
When leaders of PAS Islamic party see airlines stewardess wearing uniforms that challenge their sexual desire, their dirty-mind will always think about sex. Pretending to be pious, they would complain about the sexy uniform. In reality, they could not stop staring at the revealing uniforms and while [...]
December 18th, 2020 by financetwitter
Moderna's vaccine has become the second approved Coronavirus vaccine after Pfizer-BioNTech. The green light was granted by the U.S. Food and Drug Administration (FDA) advisory panel on Thursday (Dec 17). The 20-0 with one abstention decision, delivered by the FDA’s Vaccines and Related Biological [...]
December 17th, 2020 by financetwitter
Besides reporting the number of people arrested for flouting the movement control order (MCO) and broadcasting the number of Covid-19 new cases every day, as if they are reporting 4-D lucky numbers to punters, the backdoor government is clueless what to do next. It has been weeks since daily new cas [...]
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