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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 30th, 2019 by financetwitter
Who is Dr Shamsul Anwar Sulaiman? He was the managing director of Ihsan Perdana, a shelf company. The funny thing was despite Dr Shamsul being one of only two shareholders in Ihsan Perdana, his employment contract was not with Ihsan Perdana. So from the beginning, Ihsan Perdana was a perfect company [...]
May 29th, 2019 by financetwitter
When Donald Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports in March last year, the U.S. president hadn't a clue that some dirty business would hit back the Americans. He has been whining and bitching about China’s “unfair” trading prac [...]
May 29th, 2019 by financetwitter
The mountain of debts is building on. That is why; you applied for the debt consolidation loan, but the application has been turned down. It is a very frustrating phenomenon because you are unable to pay off mounting debts. Consolidation loans are blessings if one knows how to get them approved. It [...]
May 28th, 2019 by financetwitter
The next time you exit from your condominium, take a look at the CCTV surveillance camera installed. Chances are the brand is "Hikvision", the world's largest supplier of video surveillance products based in Hangzhou, China. Founded in 2001, the company has its presence in a staggering 155 countri [...]
May 27th, 2019 by financetwitter
China and the United States are not likely to hug and kiss each other and end their present trade war, at least not as long as Donald Trump remains as the president. Like it or not, it's a matter of time before the trade war goes full-blown. The world's two biggest economic powers are digging in - p [...]
May 26th, 2019 by financetwitter
July 18, 2017 was the day Mahathir Mohamad urged, even persuaded, then-PM Najib Razak to attend a forum so that both leaders could have a debate. Scheduled to be held on August 13 that same year in Shah Alam, Mr. Mahathir said - “It is a good chance for him to explain things and clear his name.” [...]
May 24th, 2019 by financetwitter
Justice Collin Lawrence Sequerah appears to be the judge every crook from the previous corrupted government increasingly fears nowadays. This is the judge who had refused to return the passport belonging to Zahid Hamidi so that the former deputy prime minister could fly to Saudi Arabia to perform "U [...]
May 23rd, 2019 by financetwitter
The initial coin offering is a decentralized and blockchain-based version of fund raising from the public. ICOs are a type of cutting-edge initial public offering for stocks, so the approach to marketing should be somewhat similar.
Launching a successful ICO PR campaign requires a few n [...]
May 23rd, 2019 by financetwitter
Ahmad Zahid Hamidi's wish to fly to Saudi Arabia is over. The Federal Court has today thrown out his final appeal to get back his seized passport so that the former deputy prime minister could depart Malaysia to perform his "Umrah", also known as "mini Hajj", in Saudi. The Federal Court is the highe [...]
May 23rd, 2019 by financetwitter
Former general Prabowo Subianto lost to Joko Widodo in the 2014 Indonesian presidential election, capturing only 46.85% popular vote. President "Jokowi" Joko Widodo won more than 8 million votes. This year, Mr. Prabowo again tried his luck. The voter turnout - 81.93% - the highest in Indonesian pres [...]
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