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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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October 28th, 2014 by financetwitter
One of the reasons why thousands of Hong Kongers abandoned their comfy home and went out to support the pro-democracy protesters was because of police force's sudden brutality. Later, when triad gangs were unleashed by Hong Kong CEO C.Y. Leung to intimidate young students and sexually harassed women [...]
October 27th, 2014 by financetwitter
Ice-cream and chocolate are perhaps the best food ever invented by humankind. Kids before the age of one to 99-year-old women and men love these food. But we've been told horror stories about these food, especially chocolate. But now there's a reason to love chocolate, and eat them in huge quantity, [...]
October 26th, 2014 by financetwitter
The Chinese are known to be skillful businessmen. They love money the most, on top of family and education for kids. But the Chinese's presence are all over the globe, thanks to thousands of years of migration. So from which part of the world can we find the top Chinese businessmen? You don't have t [...]
October 26th, 2014 by financetwitter
First, 26-year-old Alvin Tan Jye Yee fled to United States to seek political asylum. Now, 29-year-old Ali bin Abdul Jalil has fled to Sweden to seek the same thing - political asylum. Sex-blogger Alvin Tan got himself into trouble with the authorities when he and his ex-girlfriend uploaded a photo [...]
October 25th, 2014 by financetwitter
There's a new bank established to rival the World Bank, but it was boycotted by the world superpower United States and its supporters. The new leader who will control this new "supposedly" Asia bank is none other than China, the emerging biggest economic powerhouse that will give United States a r [...]
October 24th, 2014 by financetwitter
If you're on diet or have severe obesity problem, you should stop reading this article. But hey, it's Friday and your morale skyrocket to the roof while your appetite tells you to forget about calories for the day. You make a promise to double your time at gym but in case you couldn't, it's KFC's [...]
October 24th, 2014 by financetwitter
Denmark is one of the top countries to retire. But before you even think about retirement, this awesome country is already one of the best countries to live and work. Well, if you know about this country, you probably know that it consistently tops international rankings as the happiest nation in t [...]
October 22nd, 2014 by financetwitter
McDonald's Corp has just released its third quarter results, and it's ugly. Its net income tumbled 30% to US$1.07 billion. CEO Don Thompson admitted the company that serves some 70 million customers daily worldwide is having some corporate image problems. Last week, McDonald's launched a U.S. online [...]
October 22nd, 2014 by financetwitter
William Jefferson Clinton, or simply President Bill Clinton, was impeached on Dec 20, 1998 for his efforts to cover up his affair with Ms. Monica Lewinsky, then a former White House Intern. Mr. Clinton became the only second President in history to be impeached, after Andrew Johnson in 1868. But Bi [...]
October 21st, 2014 by financetwitter
After more than 7-months Malaysian flight MH370 disappeared, not a single item from the ill-fated plane has been found. The cause of the mystery disappearance could be anything, including hijack for terrorism purpose. If it's true, then somehow the country's extremism policies contributed to the dea [...]
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