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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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July 12th, 2016 by financetwitter
Shayla Wiggins, a 19-year-old Riverton resident, found a body floating in the Wind River while playing a game on her cell phone. Another was busy playing the same game while his wife was in labour. Even police in Missouri claimed that 4 suspected robbers were caught luring victims with the same ga [...]
July 11th, 2016 by financetwitter
Conservative leadership candidate Andrea Leadsom proves she's an easy meat and does not have the strength, experience or stamina to become British next prime minister. She has announced she is pulling out of the race to replace David Cameron. The junior Energy Minister's latest dramatic move means H [...]
July 11th, 2016 by financetwitter
President Rodrigo Duterte is no ordinary president that Filipinos had seen before. While everybody knows he's a badass who will not think twice about killing drug addicts and pushers on the spot, many are surprised that he continues wearing what he wants, not required, to official events.
Whe [...]
July 10th, 2016 by financetwitter
South Korea on Friday allows the United States to deploy an advanced missile defence system in South Korea to counter the threat from nuclear-armed North Korea. South Korea's Defence Ministry and the U.S. Defence Department claim the anti-missile system - THAAD - will be used only as protection agai [...]
July 9th, 2016 by financetwitter
You've tried and enjoyed all-you-can-eat buffet. Now, you're about to do the same with executive private jet. As crazy as it may sound, the business model offered by Surf Air actually entitles you for unlimited private jet flights, as long as you pay £2,500 (US$3,238; RM12,960) every month.
&nbs [...]
July 9th, 2016 by financetwitter
Brexit didn't merely change the political landscape of European Union but also that of United Kingdom. In just 2 weeks since the referendum held on June 23, Britons could not believe their eyes with the amount of changes. For a start, the apocalypse of World War 3 hasn't happened, as outgoing Britis [...]
July 8th, 2016 by financetwitter
Chances are you would have heard about the infamous "Shoe Salesman in Africa" story during one of your sales or motivation talks. The moral of the story was to tell the importance of being "solutions focused" and not "problems focused". In a nutshell, behind every crisis or problem, there's a golden [...]
July 6th, 2016 by financetwitter
Last June, President Barack Obama expressed the following - "People don’t remember - when I came into office, the United States in world opinion ranked below China and just barely above Russia. And today, once again, the United States is the most respected country on Earth."
Of course [...]
July 6th, 2016 by financetwitter
Emboldened by Britain's vote to leave the European Union, Hungary is the next nation to hold a referendum, albeit a less disastrous one. President Janos Ader declares - "As president of the republic, I decree that the referendum will be held on October 2." The referendum is to decide whether to acce [...]
July 5th, 2016 by financetwitter
Rystad Energy estimates recoverable oil in the US from existing fields, discoveries and yet undiscovered areas amounts to 264-billion barrels. The figure surpasses Saudi Arabia’s 212-billion and Russia’s 256-billion in reserves. The latest study by Oslo-based group means for the first time, the [...]
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