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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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Comparing Premier League teams is not always as simple as checking their position in the table.
Two clubs can sit next to each other in the standings while having very different strengths, weaknesses, and styles of play. One may rely on a strong defence and narrow victories, while another may sc
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From accusing Democratic Action Party (DAP) of seeking to eliminate the Malays and Islam to defending the United Malays National Organization’s (UMNO) corruption and Ponzi scheme in the Tabung Haji’s scandal, Abdul Hadi Awang has again weaponized race and religion as political tools. The goal r
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Depending on who you ask, Pinduoduo could be a dangerous threat to traditional retail and small businesses, or a godsend app to consumers struggling with high cost of living. The massive e-commerce platform known for ultra-low prices through group-buying has taken the world by storm. It offers incr
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The U.S.-Iran conflict has evolved into a “game of chicken” in the Strait of Hormuz, with each side betting that the other will blink first and make concessions. For Tehran, threatening maritime traffic in the strait provides the only leverage over the global economy and a means of pressur
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Perak DAP has unanimously decided to remain in the unity government led by Prime Minister Anwar Ibrahim. That’s not surprising considering that the chief of the Perak Democratic Action Party (DAP) is Nga Kor Ming, who is also the powerful Minister of Housing and Local Government. To resign wou
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Troubling security information reached the upper tier of Trump’s team on July 7, the first day of the NATO summit. Hosted by Turkey for the second time in history, the 36th NATO summit in Ankara (July 7 – 8) came at a critical moment. As President Donald Trump’s motorcade rushed through Turke
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In May 2015, Mahathir Mohamad warned Tabung Haji to cancel its land purchase from 1MDB (1Malaysia Development Berhad). He disagreed that the Malaysia’s Pilgrims’ Fund was being used to bail out 1MDB – purchasing a small 1.56 acre of Tun Razak Exchange (TRX) land for RM188.5 million, when an
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A week ago, Donald Trump said he was calling off the biggest military attack since World War II because a deal to end the Iran War was imminent. When there was no deal, as the world had already anticipated, he changed his story. Now, he’s signalling the U.S. is in no rush to resolve the conflict,
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Anwar Ibrahim is the best prime minister money can buy, his hardcore supporters claimed. He is also Malaysia's most popular political leader, according to a Merdeka Center survey recently. Even if the 10th Prime Minister is a fake reformist, serial liar, hypocrite, traitor, untrustworthy, anti-Chin
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August 6th, 2019 by financetwitter
In retaliation for Donald Trump’s announcement last week of new 10% tariff against an additional US$300 billion of Chinese goods, effective September 1, Beijing has finally fired its biggest shot since the trade war started in March 2018. It devalues its currency Yuan (Renminbi) and officially sus [...]
August 5th, 2019 by financetwitter
In March 2018, about 17 months ago, President Donald Trump confidently - even arrogantly - said that trade wars are good, and easy to win. His first shot at Mexico, imposing a 25% tariff on steel and a 10% tariff on aluminium, helped spark a 420-point drop in the Dow Jones Industrial Average (DJIA) [...]
August 4th, 2019 by financetwitter
Like it or not, the hard truth is once you step out of Malaysian soil, the Malay language becomes useless and worthless, unless of course you travel to Indonesia or Brunei or to a certain extent - Singapore. Interestingly, Malay still retains the status of national language in Singapore as the langu [...]
August 2nd, 2019 by financetwitter
A day after the Wall Street crashed 333 points as a result of less than impressive interest rate cut by the Federal Reserve, the stocks made an incredible rally - skyrocketed to as much as 311 points - until Trump spoils the party. The president dropped a bombshell when he declared an additional 10% [...]
August 1st, 2019 by financetwitter
Federal Reserve Chairman Jerome Powell was caught between a rock and a hard place. If he refuses to obey Donald Trump, he would be condemned. If he obeys his boss, he would be a puppet of the U.S. president. So when he took the middle way, cutting the key interest rate as desired by Trump, but only [...]
July 31st, 2019 by financetwitter
Former Prime Minister Najib Razak has offered his version of the story as to why he did not attend the inauguration of the country's new King (Yang di-Pertuan Agong) on Tuesday (July 30). He blamed it on the last-minute seat changes, forcing him to skip the important installation ceremony as it woul [...]
July 30th, 2019 by financetwitter
Huawei's revenue grew 19.5% in 2018 - hitting US$100 billion - despite pressure from President Donald Trump on allies to boycott or ban Huawei from participating in the fifth-generation mobile networks, otherwise known as 5G, the latest mobile internet technology engineered to greatly increase the [...]
July 29th, 2019 by financetwitter
As UMNO slowly but surely moves toward its demise, its president - Ahmad Zahid Hamidi - appears to have gone incredibly crazy. And it's not hard to see how he is doing more harm than good to the party. He would rather bring down UMNO together with him than letting the enemies snatch the party's memb [...]
July 26th, 2019 by financetwitter
From May 2009 to April 2018, Najib Razak earned RM58,605.15 every month as the 6th Prime Minister of Malaysia. Prior to that, he took home RM48,681.65 as the country's 9th deputy prime minister. On top of that, his monthly allowances were RM3,846.59 as PM and RM6,508.59 as MP (2011 to 2014). The al [...]
July 25th, 2019 by financetwitter
According to the New York Times, the two optional safety features which could have saved the Boeing 737 MAX jets from crashing would probably add US$800,000 (£640,000; RM3.3 million) to US$2 million (£1.6 million; RM8.2 million) to the price of the aircraft - about 5% of the total cost of the jet [...]
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