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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 7th, 2017 by financetwitter
The world does not revolve around United States of America. The sooner American businessmen realize this, the sooner they can adapt and accept the fact that the grass is not always looks greener (or as green as their own backyard) on the other side. U.S. companies have been complaining about multipl [...]
December 6th, 2017 by financetwitter
Like Apple's iPhone, China is a critical market to Starbucks. There are more than 3,000 Starbucks stores in China, with 600 in Shanghai alone. Hence, it's only natural that the company's second Reserve Roastery opened with a big bang in Shanghai. It's first flagship Reserve Roastery and Tasting Room [...]
December 5th, 2017 by financetwitter
In the Arab and Muslim world, the sun rising in the morning is enough to fuel tension leading to continuous killing among Muslims themselves. Therefore, it's laughable when Jordan’s foreign minister, Ayman Safadi, warned Secretary of State Rex Tillerson that a decision to recognise Jerusalem could [...]
December 4th, 2017 by financetwitter
Donald Trump is indeed a very happy man. Not even the decision by Michael Flynn, a former national security adviser to the U.S. president, pleading guilty to lying to the FBI could make Trump lose his sleep. An early and vocal Trump supporter, Flynn has apparently made a U-turn and agreed to co-ope [...]
December 2nd, 2017 by financetwitter
Australia, or to be precise South Australia, is now the proud owner of the world's biggest battery. And the lithium-ion battery has just been powered on Friday, ahead of schedule. Capable of powering 30,000 lucky Australian homes, the battery is as huge as an American football field. The hero is non [...]
November 30th, 2017 by financetwitter
As expected, there isn't much President Donald Trump could do to badass North Korea Kim Jong-un after the hermit kingdom blasted another ballistic missile. Mr. Kim has self-proclaimed his regime as a "nuclear state" after his latest round of demonstration - sending Hwasong-15 in a 53-minutes ride ab [...]
November 29th, 2017 by financetwitter
After more than a two-month pause, the Rocket Man Kim has done it again after North Korea launched a ballistic missile on Tuesday. This was the first ballistic missile test by Pyongyang since the hermit state launched a Hwasong-12 intermediate-range missile on September 15. This round, however, a lo [...]
November 28th, 2017 by financetwitter
Food delivery service is taking the street by storm. Chances are you might have seen them during peak hour - either calls themselves UberEATS, JustEat, GrubHub, Food Panda or Deliveroo. Regardless, it is a competitive industry with each company having to work to provide low costs, interesting rest [...]
November 27th, 2017 by financetwitter
China is today the world's biggest economy. But the Middle Kingdom didn't transform itself into a wealthy nation overnight without lifting a finger. It had been invaded and colonised by various empires - from Mongolia to Manchuria, Russia, United States, Britain, France, Italy, Germany and Japan. Am [...]
November 24th, 2017 by financetwitter
What does Malaysian Mahathir Mohamad, Filipino Ferdinand Marcos, Egyptian Hosni Mubarak, Indonesian Suharto and now Zimbabwean Robert Mugabe has in common? They were all once dictators who ruled with iron fist without regards to basic human rights. More importantly they were highly corrupted dictato [...]
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