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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 4th, 2015 by financetwitter
It was like a Hindustan movie - a businessman and a divorcee were madly in love. Unfortunately, the woman's father didn't like the man, most likely because he wasn't rich or powerful enough. So, the father, who was then Deputy Tourism Minister, instructed his men to bring the guy who has stolen his [...]
September 3rd, 2015 by financetwitter
President Xi Jinping proudly displays the China's military might - 12,000 Chinese soldiers, 500 pieces of hardware and almost 200 aircraft - in a huge military parade at Tiananmen Square on Thursday as Beijing commemorates the 70th anniversary of Japan's World War II defeat.
As the China's co [...]
September 2nd, 2015 by financetwitter
The way Malaysian Prime Minister Najib Razak hides every time there's a remote chance people might ask about the allegation of him pocketing US$700 million, you may wonder if his favourite game during kindergarten and primary school was actually hide-and-seek. There's little doubt he's extremely goo [...]
September 2nd, 2015 by financetwitter
Technical analysis says the U.S. stock market is about to melt, thanks to China. Unlike fundamental studies, investors who believe in technical studies have everything to worry because of "Death Cross". It seems the epidemic of bearish "death cross" is spreading and affecting every single market seg [...]
September 1st, 2015 by financetwitter
In June 2002, the Malaysian government signed a €1 billion (US$961 million; RM3.4 billion) contract with Armaris (now DCNS) and Spanish naval shipbuilder Izar (now Navantia) for 2 SSK Scorpenes submarines. Soon after delivery, embarrassingly, one of the submarines couldn't dive.
Howev [...]
September 1st, 2015 by financetwitter
Yellow fever is not over yet, despite the "Yellow Uprising" had already ended more than 24-hour ago. Nope, we're not talking about the follow-up debate as to why there were more Chinese than Malay participants during the 34-hour Bersih 4.0 rally. We're talking about Bilqis Hijjas, who allegedly drop [...]
August 31st, 2015 by financetwitter
The 34-hour marathon is finally over. This is the first time a Bersih rally lasted such a long hour, and easily the most peaceful of all the four rallies ever held, an impressive milestone. Well, there were some provocateurs who tried their luck with "firecrackers" even after the rally was over but [...]
August 30th, 2015 by financetwitter
By 5:30pm the organisers of Bersih 4.0 rally claimed there were 200,000 participants. Malaysiakini put the figure at more than 100,000 at about 4pm. However, KL police chief Tajuddin Md Isa estimated the number at 25,000 as of 3pm. But when you were in the middle of a massive crowd, it makes no diff [...]
August 29th, 2015 by financetwitter
Pro-Najib bloggers have been burning midnight oil trying to project Malaysian Prime Minister Najib Razak as a clever and cunning politician who can rival and even outsmart his mentor, Mahathir Mohamad. Apparently, Najib was scripted in such a way that he isn't afraid of a vote of no confidence, and [...]
August 27th, 2015 by financetwitter
Based on feedback from highway travelers, the notorious FRU were moving fast and furious into the city. Although nobody expects the latest rally - Bersih 4.0 - can pressure Prime Minister Najib Razak to resign with dignity, the regime is getting desperate about "losing face" if the rally could ballo [...]
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