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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 31st, 2024 by financetwitter
Justice Collin Lawrence Sequerah had refused to be made a fool by the political circus in the country as the executive branch was piling pressure on the judiciary to free disgraced former Prime Minister Najib Razak. On the eve of Hindu festival of lights Divali, also known as Deepavali, the High Co [...]
October 30th, 2024 by financetwitter
Donald Trump's odd of winning the upcoming presidential election on November 5 has jumped to 66.3%, according to a top betting market called Polymarket, a crypto trading platform. Betfair Exchange, the biggest U.K. peer-to-peer betting platform, predicts that Trump was on the brink of "likely [...]
October 28th, 2024 by financetwitter
Look no further than Mr Anwar Ibrahim if you want to find a fine example of "Arrogance of Power". It took him just 23 months - less than 2 years - in power to reveal his true colour. He thought he is "The People's Champion" like boxer Muhammad Ali or wrestler The Rock. Worse, he thought he is The P [...]
October 26th, 2024 by financetwitter
On one hand, Iran has mocked and laughed at Israel's weak military retaliation against its 180 ballistic missile attack on October 1. On the other hand, however, Tehran has strongly condemned Tel Aviv’s attack on their military targets on Saturday (October 26). If indeed Israel's attack had infli [...]
October 25th, 2024 by financetwitter
Both Anwar Ibrahim and Najib Razak are delighted that the drama runs according to the script. To ensure the 10th Prime Minister could continue his 5-year term without any interruption, former PM Najib would not abruptly withdraw support just like how his faction did in July 2021, which led to the c [...]
October 23rd, 2024 by financetwitter
Prime Minister cum Finance Minister Anwar Ibrahim has bulldozed two important policies for workers during last Friday's presentation of the Budget 2025. It was actually a brilliant and bold policy to ensure fair treatment for all workers - regardless of nationality. Mr Anwar should be given the Nob [...]
October 21st, 2024 by financetwitter
Momentum appears to be shifting towards Donald Trump in the upcoming U.S. election, if polling numbers are any indicator. With about 2 weeks to go (November 5), the 2024 Presidential Election continues to be the closest of the century. Surveys show extremely tight margin between Vice Pres [...]
October 20th, 2024 by financetwitter
For the first time in the history of Malaysia since Independence, a prime minister has expressed his concern about the welfare for a crook while presenting an annual budget. Najib Razak, the world's biggest crook by U.S. standard, must be ROFL (rolling on the floor laughing) watching the Budget 202 [...]
October 18th, 2024 by financetwitter
You live by the sword, you die by the sword. In the case of Yahya Sinwar, his final weapon was a piece of stick - not a sword or a gun - which he used desperately to defend himself by throwing it at a mini drone hovering nearby. With his right arm severely wounded, he must be in excruciating pain, [...]
October 16th, 2024 by financetwitter
How does a fashion show make an explosive and electrifying come bank after an absence of nearly six years? First, assemble an army of familiar faces like Tyra Banks, Gigi Hadid, Bella Hadid, Adriana Lima, Alessandra Ambrosio, Cher and more. Second, the show should be all about celebrating women. Th [...]
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