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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 1st, 2019 by financetwitter
Bill Gates and Warren Buffett are good buddies. Both are billionaires - Gates is the world's second richest man (Forbes: US$101.7 billion) while Buffett the third richest man (Forbes: US$89.2 billion). Although Gates owns just over 1% of shares in Microsoft, the software company he founded with Paul [...]
May 1st, 2019 by financetwitter
There are many entrepreneurs whose biggest desire is to build a business that enables them to live a lifestyle of their choosing, and have it run more or less on autopilot. E-commerce tends to be fairly complementary to those desires. However, if you need to turn your e-commerce store into a massive [...]
April 30th, 2019 by financetwitter
In the first week of Najib Razak's trial, his team of legal eagles tried to paint a picture that their client, former prime minister as well as finance minister, was the "victim" in money laundering and criminal breach of trust (CBT) of over RM42 million belonging to former 1Malaysia Development Ber [...]
April 30th, 2019 by financetwitter
Let’s try to list all of the essential resources you need to start your own company. You need capital, an office, equipment, qualified employees, a bulletproof plan, management, marketing, sales, and revenue streams to ensure the cash keeps flowing. Traditionally, you can’t s start a business if [...]
April 29th, 2019 by financetwitter
By now, it's as clear as crystal that the four law university professors and a big shot crown prince were nothing but a bunch of cowards who had chosen to hide instead of attending a forum to defend their case - Rome Statute of the International Criminal Court (ICC). Despite widespread publicity and [...]
April 27th, 2019 by financetwitter
Jewel Car Park at Terminal 1 of Changi Airport charges S$0.04 per minute for the first 90 minutes. Subsequent 30 minutes or part thereof will be S$5 per 30 minutes. However, the rate for general parking at level B3 to B5 is S$0.04 per minute. Here's the Math question - How long do you need to park y [...]
April 26th, 2019 by financetwitter
If you’re trading online, it’s crucial that you understand how the global economy works. This will give you the knowledge and expertise to interpret economic data. You can then apply this knowledge when making trading decisions. For example, when the US markets fall, there is a probability that [...]
April 26th, 2019 by financetwitter
Mahathir is on a long trip visiting his "Chinese friends" in the Middle Kingdom. He arrived in Beijing on April 24 and will leave for home on Sunday (April 28). The five-day working visit to China is considered quite a lengthy trip. During his first stint as premier for 22 years from 1981 to 2003, i [...]
April 25th, 2019 by financetwitter
The U.S.-DOJ investigation results show that over US$4.5 billion was misappropriated from the 1MDB fund, with some of the money used to buy the private jet, a super yacht, Picasso paintings, jewellery and real estate. In Dec 2017, former U.S. Attorney General Jeff Sessions described the multi-billi [...]
April 24th, 2019 by financetwitter
The oil price has skyocketed to 6-month high, as Trump's crackdown on Iran is about to begin. The world is supposed to stop buying Iranian oil by May 1 - or face sanctions. That's the order from the superpower United States of America. The announcement from President Donald Trump's administration on [...]
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