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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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August 16th, 2016 by financetwitter
Soros doubled his bet against the S&P 500, and owned 2.1 million put options on the SPDR S&P 500 ETF. That was according to the U.S. regulatory filings 13-F back in the first quarter of 2016. In the same filings with the U.S. Securities and Exchange Commission shown on Monday, the billionai [...]
August 15th, 2016 by financetwitter
Johor crown prince Tunku Ismail Ibrahim was invited for evening tea over the weekend with Prime Minister Najib Razak, the same person the prince insulted roughly a year ago, calling him "a drowning man trying to reach and hold on to anything, including - 'shit'". So, what was actually cooking at the [...]
August 14th, 2016 by financetwitter
Singapore first entered the Olympics in 1948 but had never won an Olympic gold - until now. Singapore’s first medal was a silver, contributed by Tan Howe Liang, in weightlifting at Rome in 1960. The country waited 48 years before winning their next medal, also a silver in table tennis team at Bei [...]
August 13th, 2016 by financetwitter
United States presidential election 2016 is not merely about Donald Trump calling Hillary Clinton of having a "short-circuit in the brain" or Clinton accusing Trump of being unfit to become a president. Regardless of who gets elected to the White House, it would impact American business owners and i [...]
August 12th, 2016 by financetwitter
Malaysia, under Prime Minister Najib Razak's administration, has entered a new phase of "pariahness" not seen since Independence in 1957. Najib should be congratulated for bringing the country to a new level of "colonisation" through blackmail and corruption. The country is like a piece of tender an [...]
August 11th, 2016 by financetwitter
The early bird gets the worm - the saying goes. Since an American mobile game developer - Niantic Labs - launched "Pokémon Go" last month, the game has raked in US$200 million (£153 million; RM800 million) in net revenue globally on the App Store and Google Play in its first month - beating popu [...]
August 10th, 2016 by financetwitter
Every 4 years, there are new athletes to watch and new record ready to be broken. The Olympics is the most prestigious sports event where athletes compete for the gold medal. The gold, silver and bronze winners would stand on the platform, receive their medals, and solemnly listen to the gold medal [...]
August 10th, 2016 by financetwitter
Both are billionaires but it seems Donald Trump and Warren Buffett have huge gap of differences. In fact, both American billionaires couldn't see eye to eye, so much so that it would be easier to get Trump and Putin play Pokémon Go together than to get Trump and Buffett have a coffee break.
&nbs [...]
August 9th, 2016 by financetwitter
Emperor Napoleon once said this - "Let China Sleep, for when the Dragon awakes, she will shake the world." Today, not only China has awaken, there seems to be very little superpower America can do to stop it from continuously growing. From the perspective of history, China has no intention of rulin [...]
August 8th, 2016 by financetwitter
Unless you live in China, India or South Korea, chances are you've been hunting Pokémon since the game was introduced in Asia 2 days ago. Even if you haven't started doing that, at least you should have heard about Pokémon which is taking the entire planet by storm. So, which are the 15 countries [...]
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