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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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July 30th, 2020 by financetwitter
Ever since Muhyiddin Yassin was sworn in as the 8th prime minister on March 1, arguably the 1st prime minister of a backdoor government since independence in 1957, he has been playing politics full time. Only the fools believed that he was not interested in playing politics, but to fight Coronavirus [...]
July 29th, 2020 by financetwitter
Muhyiddin appears to be on the correct path of reconciliation with Mahathir. The latter is certainly very pleased with today's verdict delivered by High Court Judge Nazlan Mohd Ghazali, the same judge trusted by the Pakatan Harapan government under Mahathir's premiership before his lieutenant Muhyid [...]
July 28th, 2020 by financetwitter
Exactly how many times do supporters of PAS Islamist party wanted to be conned and scammed by the fake holy men? It's both amazing and hilarious that in the age of social media, 2-million Malay Muslims could still be tricked into voting for the party in the 2018 General Election. Perhaps they had th [...]
July 27th, 2020 by financetwitter
For decades, the United States has been the dominant maritime force. They still are today, but is fast losing its dominance. In terms of number of warships, China had already hit a fleet of 335 ships in 2019, more than U.S. Navy's entire fleet of 293 ships. However, America’s fleet is much larger [...]
July 25th, 2020 by financetwitter
From saying he didn't know Jho Low, to insisting no money had lost from 1MDB funds, to being clueless about 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 Razak has been scraping the bottom of the barrel fo [...]
July 24th, 2020 by financetwitter
The DAX is continuing to rebound in the wake of the economic destruction cased by the spread of the COVID-19 Pandemic. Strong monetary policy from the European Central bank in conjunction with robust fiscal policy has buoyed riskier assets. Since declining by 40% in March, the DAX has rebounded slig [...]
July 24th, 2020 by financetwitter
Some people who had earlier thought that the current Perikatan Nasional backdoor government could not be worse than the previous Pakatan Harapan government have started kicking themselves. Initially, the Muhyiddin government provided all types of entertainment and amusement during the boring MCO (mo [...]
July 23rd, 2020 by financetwitter
Moving abroad is exciting and often quite a daunting experience. With the multitude of arrangements and logistics, it can all seem quite overwhelming at the best of times. From the starting point of identifying the best countries to live in, to the final steps of finalising bookings with a reliable [...]
July 22nd, 2020 by financetwitter
After a short period of celebration, Hong Kong is back to square one. Cinemas are closing their doors again from July 15. Dining at restaurants will be unavailable from 6pm to 5am every day. Mask-wearing is now mandatory on public transport at all times. Group gatherings have been reduced from 50 pe [...]
July 21st, 2020 by financetwitter
Some simpletons thought newly bulldozed Speaker of Dewan Rakyat (Lower House of Representative) - Azhar Azizan Harun - should be forgiven when he allowed racist remarks to spread like Coronavirus in the Parliament on the first day of his job. Some naive people thought the new speaker, popularly know [...]
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