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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 18th, 2017 by financetwitter
Look around you. Do you think your job is secured until your retirement? Do you know of anyone who was retrenched and still couldn't find a job? Do you think jobs are getting scarcer? If you believe jobs haven't been growing as fast as new graduates joining the job market, you're not alone. There're [...]
January 17th, 2017 by financetwitter
What is left after one has all the money they need? In the case of incoming President Donald Trump who has ego as big as Boeing 757-200, the answer is "power". Not ordinary power where he can fire and hire as in his TV-reality show "The Apprentice", but the real power as the President of the United [...]
January 16th, 2017 by financetwitter
Globalisation is in danger as people uprising against their orthodoxy of open markets and borders are sweeping the globe. Their hostility towards both trade and immigration without boundaries saw Britain's vote to leave the European Union, as well as the unexpected presidential victory by super cons [...]
January 13th, 2017 by financetwitter
Christopher Steele - that's the name of a former MI6 officer exposed as the author behind the dirty dossier smearing US President-elect Donald Trump. When the sex scandal - "golden showers" - exploded linking Trump of the "perverted sexual acts", Mr. Steele was horrified and panicked. Terrified of h [...]
January 11th, 2017 by financetwitter
Thanks to the 2016 U.S. Presidential Election, nobody cares about journalistic ethics anymore. When even the reputable liberal mainstream media published unverified and fake news in support of Hillary Clinton, one could only expect the alternate news media to do the same. Donald Trump cleverly uses [...]
January 10th, 2017 by financetwitter
Jack Ma is perhaps one of Chinese billionaires who could talk sense into incoming President Donald Trump. After all, it takes one billionaire to know (and understand) another billionaire. It would be a suicidal mission to send a Chinese full-time politician from Beijing to talk, let alone lecture, a [...]
January 9th, 2017 by financetwitter
Transparency International survey says the police and political parties are perceived by Malaysians to be the country's most corrupt institutions. If you ask the police why they're so corrupted, chances are you could be arrested and thrown into prison, cheekily speaking. However, if you ask a politi [...]
January 8th, 2017 by financetwitter
Donald Trump's key campaign promises - "Lock Her Up" and "Build the Wall" - were some of the silver bullets which helped him won the presidency. After his incredible victory, supporters are anxiously waiting for the TV-reality star to fulfil his promises. Understandably, so-called liberal mainstream [...]
January 7th, 2017 by financetwitter
Loaded with 15 Sukhoi Su-33 and MiG-29K/KUB multirole fighters onboard and more than 10 Kamov Ka-52K, Ka-27, and Ka-31 helicopters to carry out airstrikes - Admiral Kuznetsov - Russia's only aircraft carrier, has received instruction from President Vladimir Putin to pull out from Syria after accompl [...]
January 5th, 2017 by financetwitter
First, they thought Donald Trump couldn't possibly win the presidency. When Donald finally wins beyond polls' expectation, they thought Trump's tough rhetoric wouldn't last. Now, the Mexicans are dead worried about Trump. Mexico government is panicking as Ford Motor Co. cancels its plan to build a U [...]
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