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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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March 26th, 2019 by financetwitter
As Boeing struggles with the 737 Max crisis, its rival Airbus has scooped a massive order from China - 290 A320-family jets and 10 A350 wide-body jets. French officials said the mega deal was worth some 30 billion Euros (US$34 billion; £25.7 billion; RM138 billion) at catalogue prices, before signi [...]
March 25th, 2019 by financetwitter
In a surprise twist, Universiti Teknologi Mara (UiTM) becomes the first public university that came to the defence of six students of Universiti Malaya (UM), after the undergraduates were intimidated, bullied, assaulted and beaten by a pack of UMNO gangsters unleashed by former Prime Minister Najib [...]
March 23rd, 2019 by financetwitter
Six students of University Malaya were just trying to exercise their constitutional right to assembly and freedom of expression. However, their weapons - placards and a clown caricature - appeared to be too insulting and damaging to former Prime Minister Najib Razak, so he unleashed a pack of gangs [...]
March 22nd, 2019 by financetwitter
As pilots of the Indonesian budget carrier Lion Air Flight 610 and the Ethiopian Airlines Flight 302 struggled to gain control of their planes, little did they realise that their newly acquired planes lacked two essential safety features in their cockpits. Boeing apparently sold their best selling m [...]
March 21st, 2019 by financetwitter
When Hamid Sultan Abu Backer, a Court of Appeal Judge, exposed last month (14 Feb) that there were members of the judiciary who have been working with private parties to scam the government, almost everybody was stunned. While the public knew the existence of Kangaroo Court, they hadn't the clue t [...]
March 20th, 2019 by financetwitter
As the U.S. desperately tries to isolate and block its allies from using the Chinese 5G technology, Angela Merkel, Chancellor of the Federal Republic of Germany, has dealt a major blow to the Trump administration. She announced on Tuesday that the biggest economy of the European Union will not bend [...]
March 19th, 2019 by financetwitter
Vladimir Putin has reinforced his dictatorship after the Russian president signed a controversial law that make it a crime for anyone dares insult him, state symbols and government officials. The newly introduced "Internet Insults" law means individuals will face fines and up to 15 days in jail if t [...]
March 19th, 2019 by financetwitter
When Malaysian prosecutors unexpectedly dropped the murder charge against 26-year-old Siti Aisyah, and Indonesian who had been held two years on suspicion of killing the North Korean leader’s half brother, Kim Jong Nam, it raises millions of eyebrows. The judge discharged her without an acquitta [...]
March 18th, 2019 by financetwitter
After the defiant U.S. FAA (Federal Aviation Administration) finally suspended indefinitely Boeing 737 Max-8, despite an earlier declaration that there was "no basis to order grounding", the U.S. Department of Transportation has opened an investigation into the Federal Aviation Administration's appr [...]
March 17th, 2019 by financetwitter
Let's call a spade a spade. Despite the popular mantra of “not all Muslims are terrorists, but all terrorists are Muslims”, the Australian gunman who happily killed 50 people is a terrorist. Actually, unlike some fake Muslim Ulama, the 28-year-old Brenton Tarrant didn't try to be holier than tho [...]
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