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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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April 25th, 2017 by financetwitter
Muslim countries, especially those that subscribe to Saudi Arabia's Wahhabism, broadcasted and printed a piece of great news over the weekend. King Salman issued a royal decree restoring “all allowances, financial benefits, and bonuses” for civil servants and military personnel on Saturday. Saud [...]
April 21st, 2017 by financetwitter
When non-Muslims in Malaysia cry about discrimination, racism and oppression, the Malay-Muslims would go berserk and tell them to go back to India (for the ethnic-Indians) or "Tongsan (China)" (for the ethnic-Chinese) or whatever place they came from, despite the fact that some of the Indians' and C [...]
April 20th, 2017 by financetwitter
There're numerous reasons why certain websites are blocked on the Internet. Your office or university blocks websites internally in order to prevent you from distracted - such as enjoying Playboy or Penthouse website. Sometimes your local ISP blocks certain websites because they receive instruction [...]
April 19th, 2017 by financetwitter
Kim Jong-un was right to be cheerful while celebrating the 105th birth anniversary of the nation's founding president, Kim Il-sung. He was right to be laughing his head off at U.S. commander-in-chief's threat of a "sudden strike" on the Hermit Kingdom. Turns out, he was absolutely right to call Trum [...]
April 18th, 2017 by financetwitter
Will U.S. finally attack North Korea? That's a trillion dollar question everyone is asking, and betting, as Sheriff Trump moves his war machines closer and closer to Bully Kim's neighbourhood. If this is the Wild Wild West, both cowboys would have had their face-to-face gunfight, and the one who cou [...]
April 17th, 2017 by financetwitter
United Airlines is still facing its biggest nightmare after the violent dragging of 69-year-old Dr. David Dao from United Express Flight 3411. After suffering multiple injuries - including a concussion - as he was forcefully removed from plane, Mr. David has become a "poster child" for passenger mis [...]
April 14th, 2017 by financetwitter
What do Ghafar Baba, Muhyiddin Yassin and Ahmad Zahid Hamidi have in common? All of them had or have become the Deputy Prime Minister of Malaysia. Unfortunately, that's as far as they could reach. That's the best they could achieve. No matter how noble, racist or thuggish they are, that's their high [...]
April 13th, 2017 by financetwitter
Both Trump and Putin have ego the size of a jumbo jet. But at a poker table, someone will eventually blink and lose the game. And the guy who has just blinked is U.S. President Donald Trump. Last week, the TV-reality star sent a rude shock to the global community when he authorized an attack on a Sy [...]
April 12th, 2017 by financetwitter
United Airlines will learn the hard way that "overbooking" is a word reserved not only for an honest airline, but also for an airline that doesn't employ an arrogant CEO. And for an airline that happily unleashed thuggish and racist security officers to bully and violently dragged an Asian passenger [...]
April 11th, 2017 by financetwitter
Thanks to Louisville resident Audra Bridges who posted a video of an incident online Sunday evening, American United Airlines has become incredibly infamous. The video of a man, apparently a doctor, being dragged from his seat to make room for airline employees has gone viral, prompting a public ap [...]
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