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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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February 6th, 2015 by financetwitter
What's the first thing that comes to mind when Venezuela is mentioned? Well, Miss Universe, of course. Pageants are such a serious business that it's part of Venezuelan lives. But there's something much bigger and serious than beautiful women in Venezuela - OIL. For the past many months, people have [...]
February 5th, 2015 by financetwitter
The next time a cockroach running around on the same table you're having your meal, think twice about smacking it to pieces. Believe it or not, they're better than human, especially those scumbag hypocrite politicians. Sure, cockroaches may be dirty and ugly, and may be one of the most despicable cr [...]
February 5th, 2015 by financetwitter
The last four days were excited, and if you eat, drink, sleep and breathe crude oil, we bet you must have thought the oil crisis was over. You must have thought that since the oil prices rebounced a whopping 19% in the four days, the market had found its bottom. Guess what, after the oil price jumpe [...]
February 4th, 2015 by financetwitter
Superman was kinda bored so he just started flying around looking for something to do. He's flying over Wonder Woman's house and sees her bedroom window is open, with the gorgeous girl lying on her bed naked. He thinks to himself "I'm faster than a speeding bullet, I could fly down there, take care [...]
February 2nd, 2015 by financetwitter
Thanks to America and Saudi Arabia, Malaysians especially the Chinese have something to cheer during the coming Chinese New Year festival this month. Effective February 1, prices for fuel have been reduced by 21 sen to RM1.70 a litre (RON 95), 11 sen to RM2.00 a litre (RON 97) and 23 sen to RM1.70 a [...]
January 30th, 2015 by financetwitter
Bill Gates is Microsoft, and Microsoft is Bill Gates. Despite being one of the most generous philanthropists, Bill Gates is still synonymous with Microsoft. The Bill & Melinda Gates Foundation has given away US$30 billion since 2000. If he would've given that amount of money equally to 30 person [...]
January 29th, 2015 by financetwitter
Last month, we told you to mark your calendar for this year as there would be abundance of movies coming to you. One of them is of course, “Star Wars: Episode VII – The Force Awakens”, from a franchise that made George Lucas a multi-billionaire. Scheduled to be released end of this year, one c [...]
January 28th, 2015 by financetwitter
You have heard of Big Mac Index, a semi-humorous way of measuring the purchasing power parity between two currencies using McDonald's hamburger as the main product. But have you heard of Lipstick Index? It is a term coined by Leonard Lauder, chairman of the board of Estee Lauder, to describe sales [...]
January 28th, 2015 by financetwitter
China is awash with fakery products, from iPhones, pirated DVDs, knockoff Louis Vuitton bags, baby diapers and whatnot. In 2012, a creative Chinese, Lin Chunping, took fakery to a new level. The rice trader became overnight superstar when he invented a U.S. bank and claimed he bought it, with even s [...]
January 27th, 2015 by financetwitter
Say what you like about American war films or movies, but they're really good in telling stories about good guys, who happen to be Americans, killing off bad guys, who most often are non-Americans. Who can forget the 1960s television longest-running World War II drama - "Combat" - where the good guy [...]
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