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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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July 30th, 2017 by financetwitter
Tesla was briefly the most valuable car company in United States, until Americans realized that the company was nothing but junk - production delays, technical issues, horrible sound insulation, sunroof leaking, buggy door handling, terrible interior quality and the list goes on. That's a long list [...]
July 28th, 2017 by financetwitter
President Vladimir Putin had tried everything in his power to become United States' friend. He even refused to retaliate after former President Barack Obama slapped sanctions on Russia last December 2016 over unproven allegations that the Russian president personally directed covert cyber attacks ag [...]
July 28th, 2017 by financetwitter
Unveiled to the public in London today, Rolls-Royce has just introduced its latest model - Phantom VIII - after 14 years since it last updated its luxury flagship beast. Besides Rolex, your best investment is probably the Rolls-Royce due to its appreciation in values, partly due to its limited produ [...]
July 27th, 2017 by financetwitter
Singaporeans saw the invasion of a service on Wednesday night (July 26, 2017) which could give local delivery services such as FairPrice Online and RedMart a run for their money. After tons of rumours flying around, Amazon has finally launched its "Prime Now" in the tiny nation of Singapore, its fir [...]
July 26th, 2017 by financetwitter
The land down under was a great place to invest, especially its property or real estate. Parents from neighbouring Asian countries have been pouring billions of dollars snapping up properties - either for investment or for their children's education. Chinese parents love sending their kids to a fore [...]
July 25th, 2017 by financetwitter
South China Sea belongs to China, and the world can forget about lecturing, let alone forcing, the Chinese about respecting international law. The Hague-based Permanent Court of Arbitration verdict last year, of which says that China couldn’t claim historic rights in all the waters within a “ni [...]
July 25th, 2017 by financetwitter
When Mahathir Mohamad launched his Vision 2020 in 1991 - 26 years ago - it was really a big deal to everybody. Very few people understood the real meaning of the vision. They thought it had to do with eyesight as having "20/20 vision" means an individual's eyesight is normal. So some people actually [...]
July 24th, 2017 by financetwitter
Philippine President Rodrigo Duterte revealed 2 months ago that Chinese counterpart China Xi Jinping had warned him there would be "war" if Manila tried to enforce an arbitration ruling and drill for oil in a disputed part of the South China Sea. He was, of course, referring to Hague's award which g [...]
July 23rd, 2017 by financetwitter
Heard of Kola Aluko? Nope, he's not a koala bear celebrity, let alone a new product of Coca Cola. Never mind, forget him. How about Jho Low? If you had no idea who the hell is Jho Low, chances are you've been living under a rock for the last couple of years. While you can be forgiven for not knowing [...]
July 21st, 2017 by financetwitter
The culprit behind the Saudi-Qatar crisis has been found - the U.A.E. (United Arab Emirates). In what appears to be like a TV-series drama or a plot involving gangs turf war, Abu Dhabi has been exposed as the bad guy who had planted a fake news story that eventually sparked the diplomatic crisis in [...]
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