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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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January 8th, 2015 by financetwitter
ISIS, Al Qaeda, Boko Haram, Abu Sayyaf, Moro Islamic Liberation Front, Pattani United Liberation Organization, Jemaah Islamiyah and to a certain extent Perkasa and Isma - what do they have in common. They're either full-blown terrorists or subscribed to the teaching of terrorism, wearing the mask of [...]
January 8th, 2015 by financetwitter
In what appears to be France's deadliest terror attack in half a century, 12 people were killed and 5 seriously injured after 2 masked men stormed the offices of Paris-based satirical magazine Charlie Hebdo at around midday on Wednesday. A third suspect, 18-year-old Hamyd Mourad, the getaway driver [...]
January 8th, 2015 by financetwitter
Many people do not understand why U.S. President Barack Obama and Malaysian Prime Minister Najib Razak are such a close buddies. Flashback, Malaysian longest serving prime minister, Mahathir Mohamad, had to pay "under table money" in the form of lobbyist Jack Abramoff to the tune of US$1.2 million ( [...]
January 7th, 2015 by financetwitter
Land scarcity is making it harder, if not impossible, to get a landed property or house, especially in cities. Unless you've millions or even tens of millions of dollars to spend, chances are people would have no choice but to live in high-rise buildings - be it flats, apartments, or condominiums. T [...]
January 6th, 2015 by financetwitter
Depending on your age, you may or may not know the world of DOS games. It was the early age of computer where the Intel Pentium was not even born yet. You were bombarded with technology such as Intel 80286 (or simply Intel-286) and Intel 80386 (or simply Intel-386). Computers were rarely shipped wit [...]
January 6th, 2015 by financetwitter
In December 2006, Johor state was hit by severe floods. The then-PM Abdullah Badawi couldn't care less but hurriedly flew out of the country en route to Perth, Australia. The mission - to open the "Puteri Nasi Kandar" restaurant co-owned by brother Ibrahim Ahmad Badawi. During that crisis, Abdullah [...]
January 5th, 2015 by financetwitter
After billionaire Tony Fernandes' AirAsia Flight QZ8501 mysteriously crashed last Sunday in the Java Sea together with 162 people on board en route from Surabaya to Singapore, air travellers around the world have been extremely cautious about flying. In another drama at the same Juanda International [...]
January 5th, 2015 by financetwitter
China's Xiaomi Technology had a spectacular year in 2014, judging by its achievements last year. After the Chinese smartphone maker raised US$1.1 billion last month, the company wasted no time this month by boasting some fantastic numbers. Xiaomi CEO Lei Jun has just revealed the company had sold 61 [...]
January 4th, 2015 by financetwitter
As we slowly start our journey into the year 2015, we couldn't help but wonder if we have make any significant scientific discoveries last year. Like it or not, before the discoveries of internet, cell phones and later smartphones, Facebook, Twitter, Instagram and of course, selfie, we used to be pr [...]
January 4th, 2015 by financetwitter
As the searching operation continues for the wreck of AirAsia Flight QZ8501 and its black box flight recorders, Indonesian authorities have found two objects at roughly 30-metres depth, thanks primarily to underwater ROV (remote operating vehicles). So far, no survivors have been found from the cras [...]
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