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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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May 11th, 2020 by financetwitter
After weeks of sheltering in the White House, arguably the most powerful and one of the most secure buildings in the world, President Donald Trump broke the self-isolation rule. As the most powerful man on the planet, he was not willing to be seen as a weak leader who could not handle an enemy calle [...]
May 8th, 2020 by financetwitter
Nurulhidayah Ahmad Zahid, the arrogant daughter of the disgraced former Malaysian deputy prime minister Ahmad Zahid Hamidi, walked away without having to spend a second in prison. Together with her husband, Saiful Nizam Mohd Yusoff, they pleaded guilty to violating the movement control order (MCO) l [...]
May 7th, 2020 by financetwitter
Donald Trump was on his way to win re-election in November, and he was practically unstoppable. If Hillary Clinton could not beat him with both clever facts and logics 4 years ago, no Democratic candidates could defeat him this round. Since Trump was elected, the Dow Jones Industrial Average had soa [...]
May 5th, 2020 by financetwitter
Some may not realize that during the period of MCO (movement control order), there has been a quiet - but lethal - competition between two senior ministers to prove their leadership and legitimacy. The two senior ministers were Minister of International Trade and Industry Azmin Ali and Defence Minis [...]
May 3rd, 2020 by financetwitter
Backdoor Prime Minister Muhyiddin Yassin has decided to reopen business effective Monday (May 4), hence lifting the lockdown which has been enforced since March 18. The first bootlicker who came out to praise the PM was Deputy Federal Territories Minister Edmund Santhara, one of the traitors who top [...]
May 2nd, 2020 by financetwitter
Before the Coronavirus outbreak, Donald Trump was using a very powerful tool to get what he wanted from Saudi Arabia - Twitter. He would send tweets to express his displeasure over the crude oil prices and gave orders for OPEC to do the necessary. In essence, the U.S. president controls Saudi to ful [...]
May 1st, 2020 by financetwitter
It’s true that the world has evolved immensely. Each passing day, something new is discovered, something different is created. Cities expand and societies multiply. The world we live in is becoming more and more advanced and we continually find ways to make life more convenient (read more). To be [...]
April 30th, 2020 by financetwitter
Mahathir Mohamad was surprised that Malay Muslims' sympathy toward Rohingya Muslims suddenly becomes hatred. So the former prime minister came out and urged the Malays not to hate the Rohingya people, arguing that they are victims of cruelty. He said condemnations should be directed at Myanmar and S [...]
April 29th, 2020 by financetwitter
Australia, New Zealand and South Korea are among a few countries that have managed to contain the Coronavirus outbreak, allowing them to gradually re-open their economies and lift the lockdown orders. They now join China in restarting manufacturing and other business sectors. The favourite Bondi Bea [...]
April 29th, 2020 by financetwitter
An increasing number of people choose to work from home, whether it is as part of their own business or as an employee whose role can be undertaken away from the office. Finances can be tricky, so if you continue reading, you will find our guide to ways you can save money when you are working from h [...]
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