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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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September 19th, 2016 by financetwitter
Had there been no official lawsuits filed by the U.S. Department of Justice on allegations that US$3.5 billion was misappropriated from 1MDB (1Malaysia Development Berhad), Prime Minister Najib Razak and his lovely wife Rosmah Mansor would now be in New York. After all, New York City is one of Rosma [...]
September 19th, 2016 by financetwitter
A United States Central Command (CENTCOM) official declared they had been watching what they believed was the ISIS forces for a few days. Confident with their assessment, they launched an airstrike using two F-16 fighter jets and two A10 ground attack aircraft. KABOOM! As many as 62 soldiers were ki [...]
September 16th, 2016 by financetwitter
Wells Fargo, the biggest U.S. bank by stock market value, was supposed to be one of very few American banks that people can trust. That's because when the mortgage crisis hit in 2008, Wells Fargo was viewed as one of the good guys. After all, Oracle of Omaha - Warren Buffett - is Wells Fargo's la [...]
September 14th, 2016 by financetwitter
It takes a thief to catch a thief, goes the saying. In the case of the Philippines, the people needed a "Dirty Harry" to terminate drug pushers, therefore, they voted for Rodrigo "Rody" Roa Duterte as their new president. One man's meat is another man's poison. To the world, Duterte may be a thug, e [...]
September 13th, 2016 by financetwitter
At best, Hillary Clinton was having only pneumonia (and nothing else), which is highly unlikely. At worst, she is having Parkinson’s or Alzheimer’s or something equivalent, which is consistent with her needs for Provigil, hidden "EarPods", freezing, dizziness or fainting, rigidity, tremor, slowe [...]
September 12th, 2016 by financetwitter
Speaking at a New York fundraiser on Friday night, Hillary Clinton went bonkers and called half of Trump's supporters a basket of "deplorables" - racist, sexist, homophobic, xenophobic, Islamaphobic. Two days later on Sunday, she collapsed, left behind a shoe as the Secret Service rushed her away, a [...]
September 11th, 2016 by financetwitter
About a year ago, Najib Razak proudly declared himself as the only prime minister ever recorded to be able to play golf with U.S. President Barack Obama. The Malaysian Prime Minister made the statement in front of a group of Malaysian students in New York, because Najib believed (Malaysian) students [...]
September 9th, 2016 by financetwitter
The gadget can't possibly be "AirPods", because she was caught wearing it before Apple gets to release iPhone 7 commercially. The Chinese students would gladly pay top dollar for the gadget so that they can cheat in their university "Gaokao" entrance examination. The spyware gadget looks very well h [...]
September 8th, 2016 by financetwitter
At the same price as the old iPhone 6, you would expect the newly launched iPhone 7 to be, well, looks like a new iPhone readied to be shown off in front of friends. Get ready to be disappointed because people won't be able to tell if you've actually splashed that money on a new iPhone. There's abso [...]
September 8th, 2016 by financetwitter
While an eagle is the emblem of superpower United States, the same creature is considered "haram (forbidden)" by Malaysia Muftis. According to the interpretation of these so-called Islamic experts, a replica of an eagle as a landmark was forbidden as it resembled a living being. Have these experts g [...]
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