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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 20th, 2014 by financetwitter
In 2004, an air bag exploded in a Honda Accord in Alabama, shooting out metal fragments and injuring the car’s driver. Strangely, Honda and its Japanese air bag supplier deemed it “an anomaly” and did not issue a recall or seek the involvement of federal safety regulators. Last month, after 1 [...]
October 17th, 2014 by financetwitter
You've probably heard of blood bank, although not necessary have donated it. But have you heard of stool bank, or sh*t bank? As disgusting as it may sound, you can actually make good money by just selling your poop. And if you're under 50 years old and don't mind making daily trips to Medford, MA, y [...]
October 17th, 2014 by financetwitter
By now, the whole world knows about Hong Kong Police's brutality. Well, they're no ordinary police in uniform unleashed by corrupt CEO C.Y. Leung firing tear gas and pepper spray. Nor they're triad gangs used by Mr. Leung to intimidate teenage students involved in the pro-democracy demonstration. Th [...]
October 16th, 2014 by financetwitter
Despite the infamous "BendGate" and "HairGate" naughty scandals, iPhone 6 and iPhone 6 Plus are the most successful iPhone ever sold in the history of Apple Inc. Haters can say whatever they want about the latest iPhone, but when both latest models pre-orders began on Friday in China, Apple reported [...]
October 16th, 2014 by financetwitter
Kuala Lumpur Petronas Towers is still the tallest building in Southeast Asia. Standing at 452 metres with 88-floors, the Twin Towers were built in 1998 and have been holding the throne ever since. The pride of Malaysians is also the world's fifth tallest building, behind Hong Kong International Comm [...]
October 15th, 2014 by financetwitter
In spring 2014, a competition was held for the design of motifs for the new Norway banknote series. The purpose of the competition was to arrive at a proposal that can be the artistic basis of the new banknote series and communicate the theme “The Sea” in an appropriate manner. Eight participan [...]
October 15th, 2014 by financetwitter
Ebola is as deadly as the most accepted theory that a giant asteroid crashed into Earth and wiped out dinosaurs. Although it's very unlikely that mankind would become extinct this century due to Ebola, thousands and perhaps tens of thousands more people will have to die before it can be contained - [...]
October 15th, 2014 by financetwitter
Beware car owners, if you drove a red car, you would most likely stopped by police officers. Whether it's a fact or simply a myth that red car owners would attract police attention and hence traffic tickets remains a mystery. It could be due to the perception that most sporty or high performance car [...]
October 15th, 2014 by financetwitter
You have a great product that could potentially brings in tons of money. Without a good marketing team to introduce it to the market, your product can't go far. But a good marketing strategy will not work if the product packaging sucks. Companies are spending billions of dollars conducting research [...]
October 14th, 2014 by financetwitter
What have you done since we published an article about grand-daddy George Soros betting US$2 billion on SPY Puts? If you have been trimming your stock portfolio and take some money off the table, congratulations. If you have done nothing, it's okay, because by nature you're just a normal human. You' [...]
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