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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 4th, 2017 by financetwitter
In order to prevent a repeat of the attacks in Cologne last year where 1,000+ Arab and North African migrants launched a mass robbery, molest, rape and sexual assault, Cologne Police President Jürgen Mathies had deployed 1,500 police - roughly 10 times the number last year - backed up by hundreds o [...]
January 3rd, 2017 by financetwitter
Ringgit has been staying around 4.48 to a US dollar for quite some time. Today, it finally breaches 4.49 and was trading as low as 4.4965 to a dollar. What does this tell you? It means the 4.50 resistance level is cracking and once this level is broken, the 4.50 will become the new support level whi [...]
January 3rd, 2017 by financetwitter
Malaysia is perhaps the only Muslim-country in the world that has a great blueprint to "halalize" everything, except its currency note. A Saudi wannabe, the country had declared Jihad (holy war) on Cadbury over pork-laced chocolate, which turned out to be a false allegation. It had launched the firs [...]
January 2nd, 2017 by financetwitter
They never learn. The Arab Muslims have bred them. The Western Christians have played with them. Heck, even a Muslim disguised as a Christian American president has befriended them by refusing to call them "radical Islamic terrorist". And what were the consequences? The terrorists have been attackin [...]
December 30th, 2016 by financetwitter
All Obama has wanted to do for the remaining days before leaving the White House was to play golf. But his Democrats comrade Hillary Clinton's stunning losses is proving to be a bitter pill to swallow, even until today. The president is under tremendous pressure from his party to do something, anyth [...]
December 29th, 2016 by financetwitter
The year 2016 is coming to its end, and clearly it hasn't been a boring year. As the year of the Monkey, 2016 has brought many mischievous stories - from mass robbery, molest, rape and sexual assault in Cologne, to cheap crude oil, to global terrorist attacks, to 1MDB Ponzi Scheme, to unexpected Bri [...]
December 28th, 2016 by financetwitter
Barack Obama's presidential campaign slogans included "Hope" (2008) and "Forward" (2012). Moving forward, it appears the outgoing 44th President of the United States has achieved his goal before leaving the White House on Jan 20, 2017 - kind of. He has added US$8 trillion (£6.5 trillion; RM35.9 tri [...]
December 27th, 2016 by financetwitter
Aleppo has been fully recaptured from rebel fighters and therefore, the "Battle of Aleppo", which officially began on 19 July, 2012, is over. This means Syrian President Bashar al-Assad has won the 6-year-old Syrian Civil War (which started in early 2011), thanks primarily to Russian President Vlad [...]
December 25th, 2016 by financetwitter
Najib Razak is bragging how his administration has defeated the Jews in a resolution calling on Israel to stop the illegal building of settlements in Palestine. The Friday’s resolution was co-sponsored by New Zealand, Malaysia, Venezuela and Senegal. But Najib talks as if "Allah" has chosen him f [...]
December 24th, 2016 by financetwitter
Before incoming Donald Trump could be sworn in as the 45th President of the United States, he has already launched two major wars on American defence contractors. His first war was on Boeing, when he tweeted - "Boeing is building a brand new 747 Air Force One for future presidents, but costs are out [...]
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