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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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December 22nd, 2014 by financetwitter
In the Hollywood film "World War Z", only two countries have been able to successfully stopped zombies infection. One is Israel, where an intercepted email mentioning zombies had tipped the country, hence built a gigantic wall in Jerusalem to protect the uninfected from the zombies. That was done a [...]
December 20th, 2014 by financetwitter
Next year will be a very happy year for moviegoers. You're spoilt for choices, lucky you. There will be tons of blockbuster movies which would gross the US$1 billion mark. Sure, there'll be a lot of reboots and sequels, but considering the huge success of its original actors and film, chances of su [...]
December 19th, 2014 by financetwitter
Most of youngsters nowadays do not really fancy history as much as their parents did. And it's not hard to imagine why. It's a materialistic world now. Instead of worrying about putting food on the table, they worry about getting latest gadgets - smartphone, tablet, credit card, car, chicks and what [...]
December 18th, 2014 by financetwitter
Russian economy is in a mess without a nuclear bomb being unleashed, thanks to plunging oil prices. Sony and Hollywood are in a mess without a North Korean missile being fired, thanks to cyber terrorism. Thank God we do not need to use conventional weapon of mass destruction to achieve our missions. [...]
December 17th, 2014 by financetwitter
One day after the Russian central bank dramatically raised its key interest rate to 17% from 10.5%, Apple today halted online sales of its products in the country due to "extreme" Ruble fluctuations. The latest stunt by Putin administration didn't work. In fact, the whopping 650-points increase in [...]
December 16th, 2014 by financetwitter
Russia is in deep trouble. Vladimir Putin administration is in deep shit. And the country is in panic mode, judging by a surprise announcement just before 1:00 a.m. in Moscow. The Russian central bank unexpectedly raises its key interest rate to 17% from 10.5%, effective today. The move was the l [...]
December 15th, 2014 by financetwitter
Six months ago in June, Crude Oil WTI was traded at above US$105 a barrel. In case you're wondering, WTI (West Texas Intermediate), is the benchmark for Texas light sweet oil. About 6-months later today, the same crude oil is trading at US$57.50 (as of time this article is being drafted), losing mor [...]
December 14th, 2014 by financetwitter
Forget about iPhone 8, Samsung Galaxy 9 or Note 10. These gadgets are so yesterday and stoned-age compare to what a piece of bracelet can do. Costing about £300 (US$470; RM1,650) a piece, this concept bracelet is such an innovative product that it makes perfect sense to speculate aliens from planet [...]
December 12th, 2014 by financetwitter
Denmark is one of the top countries to retire. We suppose you already knew that. Denmark also consistently tops international rankings as the happiest nation in the world. And the reason why the Danes are so happy has something to do with the genes, as revealed by the University of Warwick recently. [...]
December 12th, 2014 by financetwitter
Every one likes to work for a company that provides great salary, unbelievable work culture, excellent career prospect, free food, mind boggling facilities and whatnot. Nobody likes to job hop if they can help it. But is there such thing as the best company or employer to work for, hopefully for the [...]
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