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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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December 31st, 2018 by financetwitter
Home loan plays a crucial role in one’s life, especially those who are aiming to achieve their dream home. To know if you are eligible for this kind of loan, continue reading below!
Are you planning to purchase a specific asset, particularly your dream home? If yes, you should have mo [...]
December 31st, 2018 by financetwitter
A couple of moons ago, 93-year-old Mahathir Mohamad proudly declared that corruption in Malaysia has become a thing of the past following the change in government. The world's oldest prime minister won the country's general election in May on promises of fighting corruption and reforming instituti [...]
December 30th, 2018 by financetwitter
What do Jamal, Papagomo and Azwanddin have in common? They were all UMNO gangsters who used to make a living by screaming, crying and bitching about Malay and Islam supremacy being threatened by non-Muslims. Of course, the Malay and Islam supremacy have never been threatened because they were protec [...]
December 27th, 2018 by financetwitter
In what appears to be the next level of retaliation against the Government of Canada over the arrest of Huawei's CFO (chief financial officer), Sabrina Meng Wanzhou, the Chinese may have already decided what to do with Robert Lloyd Schellenberg, a Canadian citizen on charges of drug smuggling. Altho [...]
December 26th, 2018 by financetwitter
Two days ago, PAS Youth Chief Muhammad Khalil Abdul Hadi warned Muslims not to celebrate Christmas as it has an element of “syirik” (idolatry) which is against Islamic teachings. Not only Muslims must not celebrate Christmas, they must also not post Christmas greetings on Facebook as it would be [...]
December 26th, 2018 by financetwitter
Crude oil has a new buddy - the S&P 500. Less than 2 months after the oil entered the bear market territory on Nov 8, the S&P 500 - the American stock market index based on the market capitalizations of 500 large companies - joins the club on Christmas Eve. On Monday, just before the Christm [...]
December 25th, 2018 by financetwitter
Social media advertising is usually free. You can use any platform, create an account and start posting. Whether it is Facebook or Twitter, you don't need to pay to register. You can post anything online you want as long as you don't violate the rules. However, you also need to consider paid social [...]
December 24th, 2018 by financetwitter
President Donald Trump couldn't hide his frustration anymore. The stock market sell-off will wipe out his only achievement as his government is officially shut down over funding. The U.S. shutdown could stretch into January, 2019. But the president's biggest worry is the stock market meltdown, which [...]
December 24th, 2018 by financetwitter
Fireman Muhammad Adib Mohd Kassim has died from injuries sustained during the riot at the Sri Maha Mariamman temple in Subang Jaya last month. Since then, the ethnic Malays have been demanding that P. Waytha Moorthy, National Unity and Social Well-being Minister, be fired. The Indian community, on t [...]
December 23rd, 2018 by financetwitter
There were 21 states at the end of November which had joined the US$1.99 club - where at least 1 station sells fuel at less than two bucks a gallon. Today, the number of states have jumped to 31. In essence, American drivers in these 31 states pay US$1.99 or less for a gallon or about 3.78 litre of [...]
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