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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 4th, 2016 by financetwitter
Forget Barack Obama. Forget America. Forget NATO. They were not serious about crushing terror group ISIS. The brutal ISIS terrorists have since gone on killing sprees despite the holy month of Ramadan. Unless you could recite the Quran / Koran, you would be slaughtered, as experienced by 20 people i [...]
July 4th, 2016 by financetwitter
The possibility of Penang Chief Minister Lim Guan Eng going to jail with term longer than Khir Toyo's 12-month is 99.99%. There's, however, 0.01% chances he would get discharged. If Guan Eng goes to jail, it proves the evil and corrupt government was behind the Kangaroo Court's persecution and ethni [...]
July 1st, 2016 by financetwitter
From hero to zero - that was the best description for Boris Johnson, the former Mayor of London who was backstabbed by his friend. He was brave, bold and a Brexiteer who brought down Prime Minister David Cameron. He was the favourite to become Britain's next prime minister, but like "Game of Thrones [...]
June 30th, 2016 by financetwitter
This is quite boring but since millions of ethnic-Chinese are foaming on the mouth beating their chests in anger over the arrest of Penang Chief Minister Lim Guan Eng, we thought an article or two might be able to stop them from going crazy when Mr. Lim is eventually sent to prison, hopefully to be [...]
June 29th, 2016 by financetwitter
European Union political chiefs are treating Brexit as some sort of uprising. And it's contagious. EU is scrambling to contain the "political tsunami", with right-wing parties across the continent calling for dozens of referendums. A study by the European Council on Foreign Relations (ECFR) reveale [...]
June 29th, 2016 by financetwitter
Last November 24, the Turkish air force downed a Russian Su-24 bomber jet over the Turkish-Syrian border, claiming that it violated Turkish airspace. Russia denied the claims and called the incident a “stab in the back from the accomplices of terrorists.” The pilots ejected, but one - Lieutenant [...]
June 28th, 2016 by financetwitter
The relationship between economy and job-hunting is obvious. More people would get laid during recession or economic slowdown hence more people would be scrambling for jobs advertised. With more people looking for the same job means your chance of securing it would be lowered proportionately. But is [...]
June 27th, 2016 by financetwitter
To invoke or not to invoke - that's a 2 trillion US dollar question EU is asking UK after the British voted to leave. And US$2.08 trillion was the global equity loss on Friday alone after Brexit - the biggest daily loss ever, exceeding the Lehman Brothers bankruptcy during the 2008 financial crisis [...]
June 26th, 2016 by financetwitter
The “Leave” campaign won an unexpectedly decisive majority in Thursday’s referendum on Britain’s EU membership. Almost immediately, "voices" within other EU members such as Netherlands, France, Austria, Finland and Hungary have hinted they could follow Britain by leaving the club. Less than [...]
June 25th, 2016 by financetwitter
Britain has voted to leave the European Union, a historic decision which would be known as the kingdom's Independence Day - from the EU's colonization since 1973. The surprising results mean tons of punters and speculators are losing their shirts. The Britons have done something extraordinary - beat [...]
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