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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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August 3rd, 2014 by financetwitter
Don't reinvent the wheel - that's what Casio believes while others such as Apple, Samsung, LG, Xiaomi and others are struggling the opposite. While these players thought they should reinvent watches to be smart, veteran watch maker Casio is taking it cool and didn't bother to join the crazy crowd. L [...]
August 2nd, 2014 by financetwitter
Three years ago in 2011, researchers at the Karlsruhe Institute of Technology in Germany made headlines when they successfully created world record by transmitting data at mind-boggling 26Tbps (terabits per second) over a single optical fiber. At a rate of 26Tbps, that's equivalent to 3.25TBps (1 by [...]
July 31st, 2014 by financetwitter
Since 2009, Samsung Electronics Co has been the most successful smartphone manufacturer in the world. But not anymore. Samsung's latest financial results for the second quarter 2014 shows the first drop in net profit in three years for the Korean electronics giant. It made a net profit of 6.25 trill [...]
July 31st, 2014 by financetwitter
RIMPAC (Rim of the Pacific Exercise) is the world's largest international maritime warfare exercise. Held biennially during June-July from Honolulu, Hawaii, which was started in 1971, is hosted and administered by the United States Navy's Pacific Fleet, headquartered at Pearl Harbour. The main r [...]
July 30th, 2014 by financetwitter
This is not a global puzzle that requires a resurrection of Albert Einstein to solve it. Can someone explain why every time after a major iOS upgrade, my iPhone slows down tremendously, so much so that the smartphone seemed to be unresponsive? Apple fanatic fans would laugh at such question and conv [...]
July 27th, 2014 by financetwitter
Where do you go for help when you want to watch movies or TV series, listen to songs or read some e-books, but don't want to pay for it? The Pirate Bay, of course, and it's not that hard to understand why. Sure, downloading copyrighted materials from the site is illegal but not everybody did it beca [...]
July 25th, 2014 by financetwitter
When Malaysia Prime Minister Najib Razak's daughter, Nooryana Najwa engaged to Daniyar Nazarbayev, whose stepfather Bolat Nazarbayez is the brother to Kazakhstan President Nursultan Nazarbayev; we thought Kazakhstan must have very few beautiful women. We're of course not saying the Najib's daughter [...]
July 24th, 2014 by financetwitter
Almost a week after Malaysian Airlines Flight MH17 was shot down from Ukraine skies at 33,000-feet, the first 40 bodies arrived in the Netherlands. The country bore the heaviest casualties at 193 of the 298 killed. The first Royal Dutch Air Force C130 plane landed in the city of Eindhoven Air Base, [...]
July 23rd, 2014 by financetwitter
Malaysian prime minister Najib Razak became an instant celebrity after he successfully secured an agreement with pro-Russian separatists, who were accused of downing Malaysian Flight MH17, killing 298 innocent lives. Four days after the aircraft fell from the sky, the black box is in Malaysian autho [...]
July 22nd, 2014 by financetwitter
He is the most powerful and fearful person in North Korea. He also has the most innovative hair style money can buy in this century, so much so that he encourages his people to imitate his fashion. And his people would cry as if it was the end of the world whenever they get to meet or touch him. Bu [...]
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