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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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February 3rd, 2017 by financetwitter
Last Friday, President Donald Trump banned 7 Muslim-majority countries - Iraq, Syria, Iran, Libya, Somalia, Sudan and Yemen - from entering the U.S. for the next 90 days. These 7 countries have two common similarities. First, they are all majority Muslim nations. Second, they are all war infested co [...]
February 3rd, 2017 by financetwitter
Both leaders met in Turkey to tackle a series of sensitive issues. German Chancellor Angela Merkel lectured Turkish President Recep Erdogan about freedom of press. It was Merkel's first visit to Turkey since a failed coup there last July, and comes as the country prepares to hold a critical referen [...]
February 2nd, 2017 by financetwitter
Donald Trump is willing to make radical changes in American policy. He has proven that with a few very controversial executive orders. One person's food may be another person's poison. Therefore, while the liberal swamp is foaming at the mouth protesting Trump administration, the conservative camp i [...]
February 2nd, 2017 by financetwitter
Chinese are not only extremely good in business but can survive in the harshest environment. Manila's Chinatown, founded in 1594 by Spanish Governor Luis Pérez Dasmariñas for Chinese immigrants, is the oldest Chinatown in the world. Almost every major city on planet Earth has a Chinatown - from As [...]
January 26th, 2017 by financetwitter
Remember how former President Barack Obama spooked a crowd back in 2016 that Donald Trump would need a "magic wand" to bring lost jobs and manufacturing back to the United States? Obama must be kicking himself for making fun of Trump because the people might now think that the billionaire could poss [...]
January 24th, 2017 by financetwitter
United States' new commander-in-chief Donald Trump has started throwing former President Barack Obama's past deals out the window. On his first day in Oval Office as the 45th President of the United States of America, Trump signed an executive order pushing his administration to dismantle the Afford [...]
January 23rd, 2017 by financetwitter
Donald Trump is now officially the 45th President of the United States of America. When he took the presidential oath, Trump joins the club as one of only 45 men who have been president of the United States during the nation's 240-year history. But there's another more exclusive club. Out of 45 pres [...]
January 20th, 2017 by financetwitter
With hours away before the inauguration to install the 45th President of the United States, the entire Asia-Pacific is almost on standstill. As thousands of anti-Trump protesters hitting the street, hoping that their action could miraculously stop the ceremony, CNN was criticized for suggesting Dona [...]
January 19th, 2017 by financetwitter
Israel is a country surrounded by enemies. In fact, Israel is surrounded by 22 hostile Arab / Islamic countries, which happens to be ruled by dictators. To rub salt in the wound, Israel, which is merely 1/19th the size of California, is outsized by its enemies by 640 times. The enemies also possess [...]
January 18th, 2017 by financetwitter
Las Vegas, or simply Vegas, is known as the biggest Sin City in the United States. And it is called the "Sin City" because the city which was built on the Mojave Desert provides every naughty entertainment one could imagine - gambling, bookmaking, instant marriage or divorce, prostitution, strip clu [...]
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