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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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May 18th, 2016 by financetwitter
Nearly 3,000 people were killed in the 9/11 attacks on September 11, 2001. After 15 years, Americans are finally seeing the light at the end of the tunnel when the Republican-controlled Senate unanimously approved bi-partisan legislation that would allow for families of the victims of the devastati [...]
May 17th, 2016 by financetwitter
There're basically two major concerns that economists, investors, analysts and other financial experts have been worrying. First - the Chinese economy. Second - Donald Trump as the next President of the United States. While Trump is a newly discovered financial problem, the Chinese economic problem [...]
May 17th, 2016 by financetwitter
Tim Cook has been jetting around the globe ever since the mighty Apple revealed its sales has finally stopped growing - for the first time in 13 years and after 51 consecutive quarters of doing so. He had just visited Beijing on Monday, talking to government officials about company matters as the co [...]
May 16th, 2016 by financetwitter
As more and more Republican conservatives start endorsing and worshiping Donald Trump, instead of laughing at him, so do wealthy tycoons. Although Trump is now the Republican presumptive presidential nominee, there's one thing that he's miles behind his challenger for the White House - campaign mone [...]
May 13th, 2016 by financetwitter
Let us repeat this again. The President of the United States (POTUS) is not the most powerful man on planet Earth. The man who controls the news media is. News media, be it the print, electronic or social media, can make or break a president. Although traditional print and electronic media have been [...]
May 12th, 2016 by financetwitter
Opposition parties lost last week's Sarawak state election. One of the major reasons was due to clashes between DAP and PKR. Therefore, DAP and PKR must hug, kiss and make love, and must not fight like two spoilt kids anymore. Together with AMANAH, a splinter party of Islamic party PAS, the threesom [...]
May 10th, 2016 by financetwitter
Donald Trump is turning America into an isolated country, according to his critics. If that's true, then meet Rodrigo Duterte, the Philippines new president who is going to turn the country into a cowboy town. Nicknamed "Digong", Rodrigo "Rody" Roa Duterte is a Filipino lawyer and politician who has [...]
May 9th, 2016 by financetwitter
As expected, the Sarawakians have shown Pakatan Harapan (Coalition of Hope) what they will get for being arrogant and disunited. It is a punishment well deserved for not only DAP and PKR, but also to other political parties from Peninsula Malaysia trying their luck on the perceived "ignorant and gul [...]
May 6th, 2016 by financetwitter
Those who had called Donald Trump "stupid", "clown", "narcissist", "pathetic" and whatnot are slowly making a U-turn. The Republicans establishment are throwing their support behind the clown Trump - quietly - in order not to look like a clown themselves. They have stopped laughing now, when they we [...]
May 4th, 2016 by financetwitter
When Ted Cruz, a Republican U.S. presidential hopeful, nabbed all 34 of the delegates in Colorado, he was on fire. And when he later snatched up all 14 delegates in Wyoming, he was practically orgasm with his mini victory, calling it the "grassroots victory". But both were won in voter-less contests [...]
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