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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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June 12th, 2015 by financetwitter
Mahathir Mohamad is perhaps the luckiest person on planet Earth. Besides being the longest-serving Prime Minister of Malaysia, stretching from 1981 to 2003, he also had the luxury experiencing the country's currency under attack by speculators during the infamous 1997/98 Asia Financial Crisis.
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June 10th, 2015 by financetwitter
New conspiracy revealed - airline authorities are working hand in glove with luggage manufacturers to rip off travellers big time. And how do they plan to do that? The International Air Transport Association (IATA), working together with Boeing and Airbus has recommended a new sized bag to be allowe [...]
June 10th, 2015 by financetwitter
Iron rice bowl is a term Chinese used to refer to an occupation with guaranteed job security, with steady income and perks thrown in. The term is also known as "golden rice bowl". One of the careers that provide such job security is a job with the government of the day. This was true as long as hund [...]
June 8th, 2015 by financetwitter
Ronald Reagan ruled the White House from 1981 - 1989. Prior to his presidency, very few in their right mind believed the former film actor could become the 40th President of the United States, let alone a two-term great president. But Reagan was so good that when he left office in 1989, his approva [...]
June 8th, 2015 by financetwitter
Two months ago, DAP has ended its ties with PAS' president Hadi Awang, but not with the political party PAS itself. The reason for such an arrangement was due to Hadi's stubbornness and betrayal in pushing for "Hudud Law" implementation, without consulting the other two party components of Pakatan R [...]
June 6th, 2015 by financetwitter
For more than a decade since the September 11 attacks, Americans have been asking if it was their own government who actually staged the brutal mass murders, or it was sponsored and financed by their so-called best friend half way around the world - Saudi Arabia. Until the secrets are unveiled, the [...]
June 5th, 2015 by financetwitter
Six months ago, Facebook (Nasdaq: Stock, FB) decided to test Facebook Lite, a new version of Facebook stripped down of all the bells and whistles. Today, Mark Zuckerberg announced the launch of the app, built to be faster, more reliable and very data efficient, for Android phones around the world.
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June 5th, 2015 by financetwitter
Bollywood storylines were, and still are awesome and predictable. Typically, you would have a hero, in his attempt to impress a chick, beat hundreds of bad guys and suffer no scratch. Heck, the hero and his newly acquired chick could even run, sing, jump, dance and whatnot after the fight, not to me [...]
June 4th, 2015 by financetwitter
Are you running Windows 7 or Windows 8 or Windows 8.1 now? If you are, then get ready to upgrade it to Windows 10 - FREE. The Windows 10 will be launched by July 29th 2015. That's roughly about 8-weeks away. Microsoft (NYSE: Stock, MSFT) has confirmed that its latest operating system will be release [...]
June 3rd, 2015 by financetwitter
A rare Hermès bag has set a new record for the most expensive handbag ever sold at auction - going for HK$1.72 million (US$221,846; £146,000; RM817,225). The luxury crocodile skin 2014 Hermes Birkin bag, in fuchsia, features 18 karat gold detailing encrusted in real diamonds.
The previous [...]
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