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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 17th, 2018 by financetwitter
Khalid Abu Bakar was one of the most arrogant and corrupted police chief under Najib administration. After retired as IGP (Inspector-General of Police) on Sept 4, 2017, he was rewarded with the chairmanship of Prasarana, which owns public transport operators such as RapidKL. Two months ago, he was a [...]
May 16th, 2018 by financetwitter
Former Prime Minister Najib Razak is toast; in case there's anyone out there who still think he can rise again. In fact, his situation is worse than initially thought. Newly sworn in 7th Prime Minister of Malaysia - Mahathir Mohamad - is not only going to roast him, but will publicly humiliate him t [...]
May 15th, 2018 by financetwitter
It would take 69 years after Israel declared Jerusalem as its capital, that the U.S. formally opened its embassy in the city. Even after 23 years since the U.S. Congress passed a law authorising that Washington move its embassy there, no U.S. president had dared do so - until the emergence of Presid [...]
May 15th, 2018 by financetwitter
Najib son of Razak could be spending his Christmas behind bars. The only question is whether his lovely wife Rosmah Mansor will follow him. His mentor, Mahathir Mohamad, had given him enough opportunities to repent, or at least to resign. Instead of taking the offer and quit with some dignity left l [...]
May 14th, 2018 by financetwitter
AirAsia boss Tony Fernandes has apologised over his eye-popping support for former Prime Minister Najib Razak. In his video clip, he blames it on pressure from Najib government. He claims that he was asked to fire Rafidah Aziz as chairperson of AirAsia X when the former Iron Lady started getting inv [...]
May 13th, 2018 by financetwitter
Under the leadership of Mahathir Mohamad, the then-opposition Pakatan Harapan, an alliance of 4 parties - DAP (Democratic Action Party), PKR (People's Justice Party), AMANAH (National Trust Party) and PPBM (Malaysian United Indigenous Party) - had successfully overthrown the arrogant, corrupt a [...]
May 12th, 2018 by financetwitter
People were furious when they learned that former corrupt Prime Minister Najib Razak and his spendthrift wife Rosmah Mansor were about to fly out of the country today (Saturday, May 12). Scheduled to take off from Subang Airport to Halim Perdanakusuma International Airport in the Indonesian capital� [...]
May 12th, 2018 by financetwitter
Mahathir Mohamad has spoken. Those who had suppressed, oppressed and discriminate, or worse - had abetted and aided Najib Razak - against the newly sworn in 7th Prime Minister of Malaysia are now in the state of panic. At best, they would lose their job. At worst, they could end up in prison. There [...]
May 11th, 2018 by financetwitter
Mahathir Mohamad has sworn in as Malaysia's 7th Prime Minister, making him not only the oldest prime minister in the world but also the only prime minister who makes a comeback for the second time. After ruling for 22 years between 1981 and 2003, he went into retirement, only to return actively to p [...]
May 11th, 2018 by financetwitter
On the morning of May 10th, just hours after opposition Pakatan Harapan stunningly won the 14th general election, rumours spread like wildfire that the coalition leader Mr. Mahathir Mohamad might not become the country's prime minister after all. The rumours had it that the defeated Mr. Najib Razak [...]
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