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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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October 14th, 2016 by financetwitter
Thailand's people woke up on Friday to the first day in 70 years without King Bhumibol Adulyadej, a king they respected as a father-figure but worshipped like a God. "The king died at 3:52 p.m. in a 'peaceful manner," - declared the Royal Palace, as thousands waited outside Siriraj Hospital in nervo [...]
October 13th, 2016 by financetwitter
If World War 3 happens, it might not be limited to the Middle East or South China Sea alone, but rather on both regions simultaneously. As Commander-in-Chief, if President Barack Obama could be persuaded, after a round of spanking by his military advisers, the U.S. is confident they could defeat the [...]
October 12th, 2016 by financetwitter
After more than doubling from 1982 to 1986, the Black Monday on October 19, 1987 finally sent stock markets around the world crashed. On that fateful day, The Dow Jones Industrial Average (DJIA) fell approximately 508 points to 1,738.74 (22.61%). The terms "Black Monday" and "Black Tuesday" ar [...]
October 11th, 2016 by financetwitter
Two months ago, Republican presidential nominee Donald Trump accused President Barack Obama as founder while Democrat presidential nominee Hillary Clinton as co-founder of terror group ISIS. Of course, what Trump meant was both Obama and Clinton were responsible for the rise of the militant group, n [...]
October 10th, 2016 by financetwitter
Majority of Muslim countries that subscribe to Saudi Arabia's version of Wahhabism dare not publish this piece of news, more so if they receive millions of dollars in aid from the wealthy kingdom every year. It was the same denial on the discovery that Wahhabism as the main source of global terroris [...]
October 7th, 2016 by financetwitter
Will there ever be a World War 3? That's a trillion dollar question everyone has been asking, and not many believe there would be one. If you're looking at a World War 3 as an extension of World War 2, then obviously it would not happen simply because it would involve the unleashing of nuclear weapo [...]
October 6th, 2016 by financetwitter
She received 7 "encourage" votes and 7 "discourage" votes. As the highest-placed woman candidate, UNESCO Chief Irina Bokova was a favourite to become the first woman secretary-general of United Nations. However, the Bulgarian politician who recently caught in a "Lead by Example" Award fiasco only fi [...]
October 5th, 2016 by financetwitter
The Swiss attorney general’s office seems to be very frustrated. About 10 months ago in January, the Swiss authority revealed it suspected that about US$4 billion has been misappropriated from “Malaysian state companies.” The attorney general’s office also said they have discovered at least [...]
October 5th, 2016 by financetwitter
What's it like playing chess with Obama? - asks a top official of Russian President Vladimir Putin. Putin replies - “It’s like playing chess with a pigeon. First it knocks over all the pieces, then it shits on the board, and finally it struts around like it won.” That was, of course, a popula [...]
October 3rd, 2016 by financetwitter
As a UNESCO World Heritage Site, Aleppo was Syria's largest city with a population of 2.5 million people. That was in early 2011 before the conflict starts. The Syrian Civil War started in March 2011. But it wasn't until 19 July, 2012 that the Battle of Aleppo officially began. And since then hundre [...]
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