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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 1st, 2018 by financetwitter
Papagomo was one of the most notorious gangsters UMNO Malay nationalist party has ever possessed. His real name is Wan Muhammad Azri Wan Deris. There are basically two major Malay criminal gang groups in the country - the "Tiga Line" and "Double 7". He belongs to the Double-7 but has a close relatio [...]
November 30th, 2018 by financetwitter
What do these 21 states - Texas, Alabama, Arizona, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, New Mexico, New York, Ohio, Oklahoma, South Carolina, Tennessee and Virginia - have in common? They have joined the US$1.99 club - where at lea [...]
November 29th, 2018 by financetwitter
To rally or not to rally - that's the multi-million dollar question hitting UMNO and PAS now. After the racial tension as a result of attacks on a Hindu temple - Sri Maha Marianmman temple - both racist UMNO and extremist PAS political parties are having different thoughts about bulldozing their com [...]
November 28th, 2018 by financetwitter
When Beijing mouthpiece People's Daily released a list of people that the Central Committee of the Communist Party of China (CPC) plans to award, it raises billions of eyebrows. There were names like Yao Ming, a retired professional basketball player, and Lang Ping, a former Chinese volleyball playe [...]
November 28th, 2018 by financetwitter
As President Donald Trump embarks on a record sale of Treasury bills, notes and bonds to pay for its big tax cuts and spending, the United States hopes foreign buyers would scramble to get a chunk of American I.O.U. papers. Sadly, foreign investors appear to give a pass on the U.S. debt securities. [...]
November 27th, 2018 by financetwitter
Mr. Ramaji, an eyewitness to a pre-dawn attack of the 147-year-old Sri Maha Marianmman temple in USJ25, Putra Heights, has revealed an interesting story. According to the "Save Seafield Sri Maha Marianmman Temple" task force chairman, there were about 250 thugs who assaulted several devotees and tem [...]
November 26th, 2018 by financetwitter
Taiwan-China relations flourished when the KMT (Kuomintang) ruled Taiwan from 2008 to 2016. Interestingly, the Kuomintang was the same ruling party in mainland China until 1949, when it lost the Chinese Civil War to the rival Communist Party. But under Taiwan's then-president Ma Ying-Jeou, Taiwan [...]
November 25th, 2018 by financetwitter
Social media have been flooded with messages about the Anti-ICERD rally on Dec 8. Supporters of UMNO Malays nationalist party and the PAS Islamist party have been spreading invitations through WhatsApp messenger to everyone to join the wild party. The hidden agenda of the rally is, of course, to ove [...]
November 23rd, 2018 by financetwitter
Carlos Ghosn has been considered the hero of the Japanese automotive industry for the last 20 years. After successfully restructuring Renault through a cost-cutting plan in 1998-2000, he earned the nickname "Le Cost Killer." His radical restructuring of the Renault - reducing workforce, revising pro [...]
November 22nd, 2018 by financetwitter
Donald Trump appears willing to give a brutal murderer a free pass, because his administration has everything to gain by pretending that Crown Prince Mohammed bin Salman wasn't involved at all in the gruesome murder of Saudi journalist Jamal Khashoggi. From the beginning, the U.S. president has made [...]
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