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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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January 2nd, 2018 by financetwitter
Nuclear button is always on my desk - that's the New Year 2018 message from Kim Jong-un to Donald Trump. The North Korean leader also warned United States - "The entire United States is within range of our nuclear weapons, and a nuclear button is always on my desk. This is reality, not a threat." Bu [...]
December 31st, 2017 by financetwitter
Harry and fiancée Meghan Markle will get married on May 19, 2018 and have told aides they want former U.S. President Barack Obama and wife Michelle at their big day. Prince Harry has become good friends with the Obamas since their chemistry bonded after the Invictus Games in Florida last year. But [...]
December 29th, 2017 by financetwitter
When Apple played God by deliberately - and secretly - lowering processing speed of iPhone 6 and iPhone 7 to conceal an issue with the gadget's battery, they never thought they would ever get caught. But there's no secret in the technology world, especially in the world of social media. And soon, th [...]
December 29th, 2017 by financetwitter
By 2032 - that's another 14 years - China is projected to become the world's new biggest economic powerhouse, overtaking United States of America. But the Chinese are not the only winner. By 2027, the Indians will surpass Germany's economy to claim the third prize. And as early as next year, India w [...]
December 28th, 2017 by financetwitter
M-I-C - See you real soon. K-E-Y - Why? Because we can enter your room anytime we like. If you think it's a brilliant idea to bring your love one to Disneyland so that you and your love one could get some great and intimate time together, get ready for some surprises. Walt Disney World believes thei [...]
December 27th, 2017 by financetwitter
You may not like his big mouth. You may not like his provocative tweets. You may not like his funny hairstyle. Heck, you may not even like that he has a gorgeous wife. But by now, it's hard to deny that Donald Trump is good for business. For close to a year, the U.S. president has been subjected to [...]
December 26th, 2017 by financetwitter
After Trump's historical recognition of Jerusalem as the capital of Israel, Guatemala announced the Central American country will relocate its embassy in Israel - from Tel Aviv to Jerusalem - becoming the first nation to follow the lead of U.S. President Donald Trump. Guatemala was one of nine nati [...]
December 25th, 2017 by financetwitter
Many Saudi princes have been released - quietly - from "5-star prison Ritz Carlton Hotel" after agreed to pay in exchange for their freedom. The highest corruption settlement so far is Prince Miteb bin Abdullah who reportedly paid US1 billion for his freedom. He was the closest challenger for the th [...]
December 22nd, 2017 by financetwitter
More than a week has passed since U.S. President Donald Trump declared the recognition of Jerusalem as the capital of Jewish nation. Like it or not, the naughty Trump somehow deserves the credit for courageously pissing off 1.8-billion Muslims around the world. What has the Arab and Muslim world don [...]
December 21st, 2017 by financetwitter
As an owner of super expensive iPhone, you might have bitched and cursed Apple for ripping you off. Initially, you were mad because your iPhone seemed to be getting slower as the gadget gets older. But then you got really furious when read that it was a deliberate act by Apple - lowering the clock s [...]
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