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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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September 12th, 2015 by financetwitter
I smell a rat, a 90-year-old rat that will not kick the bucket until he successfully brings down his protégé, Malaysian Prime Minister Najib Razak. Of course, this rat is none other than former premier Mahathir Mohamad. For those who've been following our whining and bitching, can you remember wha [...]
September 11th, 2015 by financetwitter
Red shirts leader - Jamal Md Yunos - has declared the rally will happen, come storm, rain or earthquake. We support and believe every single Malaysian has the right to freedom of speech and assembly. However, judging by Jamal's leadership so far, he doesn't seem to be interested in a "peaceful" asse [...]
September 10th, 2015 by financetwitter
Osama bin Laden was terminated more than four years ago in 2011. But the terror group he founded - al-Qaeda - is alive and kicking. The group has also given birth to the barbarian group ISIS, IS, ISIL or whatever name you want to call them. In case you didn't know, al-Qaeda has its own English langu [...]
September 10th, 2015 by financetwitter
Apple's co-founder, Steve Jobs, once declared to the world that using a stylus with a computing device was a sign of passé - outdated and failure. He said that 5-years ago, and he's now dead. His successor, Tim Cook, has no reason to follow a dead man's rule when he's under the pressure to deliver [...]
September 9th, 2015 by financetwitter
It's all over the international news. Not happy with negative news stacked against the country - 1MDB's RM42 billion and RM2.6 billion scandals - the country has added another shameful episode, just a week after Prime Minister Najib Razak went into hiding instead of confronting 1,000 delegates from [...]
September 9th, 2015 by financetwitter
Malaysia is largely self-sufficient in poultry meat production. Eggs and chicken are among the cheapest and mostly consumed protein staples in the country. Almost 90% of production occurs in Peninsular Malaysia, with the remaining in East Malaysia. Peninsular Malaysia has about 3,200 broiler farms, [...]
September 8th, 2015 by financetwitter
Born on the 21st of April, 1926, British Queen Elizabeth II is an 89-year-old great-grandmother. She's 1-year younger than 90-year-old Mahathir Mohamad, the longest-serving Prime Minister of Malaysia. You may call her Queen Elizabeth, Your Majesty or simply the Queen. But her official title is a mi [...]
September 7th, 2015 by financetwitter
Pro-UMNO Red Shirts want to rally despite police saying "No". Apparently, these supposedly very influential and million-members-club thugs wanted to show off that they can also mobilise at least 300,000 to the street, in retaliation to the Bersih 4.0 yellow-shirts mega rally, which itself claimed ha [...]
September 7th, 2015 by financetwitter
Previously, you've read how two Filipino divers deliberately and spectacularly scored "Zero" during the 2015’s 28th Southeast Asian Games in Singapore, so that the "Splash Brothers" could embarrass the Philippines sport authorities into splashing money. Now, there's something equally bizarre happe [...]
September 6th, 2015 by financetwitter
Syria is in a mess and with Vladimir Putin's latest admission that Russian military are putting boots on the ground in Syria, things could get really ugly. For the first time, Putin isn't shy about telling all and sundry that the Russia is providing "serious" training and logistical support to the S [...]
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