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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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November 2nd, 2015 by financetwitter
The haze has finally seen the light at the end of the tunnel for the year, before it comes back again next year. But the hazy RM2.6 billion scandal which hits badly on Malaysian Prime Minister Najib Razak has turned for the worse. In what seems to be a proxy war of the veterans, former MCA president [...]
October 30th, 2015 by financetwitter
Assuming Prime Minister Najib Razak miraculously agrees to resign in exchange for immunity from prosecution of corruption, money laundering and even murder allegations, who would take over the throne? It's either Muhyiddin Yassin, Zahid Hamidi or Hishammuddin Hussein, all of whom are corrupted scumb [...]
October 29th, 2015 by financetwitter
The story only exists in fairy tales but she did it, although the girl almost lost it. Khanittha "Mint" Phasaeng has just been crowned Miss Uncensored News Thailand 2015. The contest, held on Sept 25 at the Imperial World Department Store, is open to both women and transgender. One of the objective [...]
October 28th, 2015 by financetwitter
Depending on which century you were born, you may see China as a great innovator, or merely a great copycat. Paper, gunpowder, printing and compass are four ancient inventions by Chinese people that have had a huge impact on the entire world. If only they have had put them into good use, they could [...]
October 27th, 2015 by financetwitter
After damning reports released by World Health Organisation (WHO) labelling bacon, burgers, ham, sausages and other processed meats as the culprits for causing cancers, all hell breaks loose. After all, since the accusation came from WHO, the perception is it must be true.
Essentially, these [...]
October 26th, 2015 by financetwitter
Last Friday, Emperor Najib Razak presented his most challenging budget since he took over the throne in 2009. The Budget 2016, as expected, was heavily decorated with the most refreshing flowers and nicest perfume money can buy in order to divert peoples' attention from his RM42 billion 1MDB scandal [...]
October 23rd, 2015 by financetwitter
Ever since President Xi Jinping took the throne as the most powerful man in China in 2013, he's been cracking down on corruption as if there's no tomorrow. His anti-corruption crackdown is so massive that it's being globally - from United States to Australia - with Beijing seeking extradition of tho [...]
October 22nd, 2015 by financetwitter
It's fourth day in a row that thousands of schools are closed while millions of students couldn't sit for their year-end examination because of haze. Malaysian parents are grumbling as 4,778 schools and 2,696,110 students are affected. With situation not expected to improve, chances are schools coul [...]
October 21st, 2015 by financetwitter
In 1989, together with his wife Sun Ho, Mr. Kong Hee founded a megachurch - City Harvest Church (CHC) - which becomes one of Singapore's wealthiest evangelical churches, boasting 30,000 members and 15 services every weekend. The church claims to have 48 affiliates in countries such as Malaysia, Indo [...]
October 20th, 2015 by financetwitter
Effective today, Oct 20th, Xiaomi Malaysia has increased prices on its products. Thanks to the local currency - Ringgit - which has been the worst performer amongst the emerging market, losing 20% since early of the year, Xiaomi fans have no choice but to pay more for the Chinese Apple products.
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