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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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Comparing Premier League teams is not always as simple as checking their position in the table.
Two clubs can sit next to each other in the standings while having very different strengths, weaknesses, and styles of play. One may rely on a strong defence and narrow victories, while another may sc
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From accusing Democratic Action Party (DAP) of seeking to eliminate the Malays and Islam to defending the United Malays National Organization’s (UMNO) corruption and Ponzi scheme in the Tabung Haji’s scandal, Abdul Hadi Awang has again weaponized race and religion as political tools. The goal r
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Depending on who you ask, Pinduoduo could be a dangerous threat to traditional retail and small businesses, or a godsend app to consumers struggling with high cost of living. The massive e-commerce platform known for ultra-low prices through group-buying has taken the world by storm. It offers incr
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The U.S.-Iran conflict has evolved into a “game of chicken” in the Strait of Hormuz, with each side betting that the other will blink first and make concessions. For Tehran, threatening maritime traffic in the strait provides the only leverage over the global economy and a means of pressur
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Perak DAP has unanimously decided to remain in the unity government led by Prime Minister Anwar Ibrahim. That’s not surprising considering that the chief of the Perak Democratic Action Party (DAP) is Nga Kor Ming, who is also the powerful Minister of Housing and Local Government. To resign wou
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Troubling security information reached the upper tier of Trump’s team on July 7, the first day of the NATO summit. Hosted by Turkey for the second time in history, the 36th NATO summit in Ankara (July 7 – 8) came at a critical moment. As President Donald Trump’s motorcade rushed through Turke
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In May 2015, Mahathir Mohamad warned Tabung Haji to cancel its land purchase from 1MDB (1Malaysia Development Berhad). He disagreed that the Malaysia’s Pilgrims’ Fund was being used to bail out 1MDB – purchasing a small 1.56 acre of Tun Razak Exchange (TRX) land for RM188.5 million, when an
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A week ago, Donald Trump said he was calling off the biggest military attack since World War II because a deal to end the Iran War was imminent. When there was no deal, as the world had already anticipated, he changed his story. Now, he’s signalling the U.S. is in no rush to resolve the conflict,
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May 30th, 2009 by financetwitter
PKFZ (Port Klang Free Zone) scandal is perhaps the biggest scandal the country ever had so far from the legacy of former premier Mahathir Mohamad since the BMF scandal, that’s if you ignore the Central Bank’s losses from the foreign exchange speculation. BMF (Bumiputra Malaysia Finance Ltd) scan [...]
May 28th, 2009 by financetwitter
CIMB Investment Bank Berhad claimed that foreign investors returned in droves bringing in their hot money as if they have no where else to park their money. The funny part is CIMB can only target the KLCI to reach 1,060 points by year-end, another 20 points from today’s index of 1,040. Why not 1,2 [...]
May 27th, 2009 by financetwitter
General Motors Corp. (NYSE: GM, stock) announced that only a small fraction of the holders of its $27 billion in bonds agreed to swap their debt for a 10 percent equity share of a recapitalized GM. Without at least 90% of GM’s unsecured debt bondholders agreeable to the swap-plan, GM has no other [...]
May 24th, 2009 by financetwitter
Before we hear (hopefully not) any more bad news from the banking institution (if any) it seems General Motors Corp.’s (NYSE: GM, stock) overdue problem is running out of fuel and is set to be known as early as end of this month – May 31st. People are betting that GM will have no other choice bu [...]
May 19th, 2009 by financetwitter
Every Tom, Dick and his “Siu Keong” pet Cockroach knows that there’s no way Najib’s administration can win the Penanti by-election *yawn, what’s new?*. It was predictable from the moment Najib announced that his government “may” not contest for the by-election, another way to test the [...]
May 17th, 2009 by financetwitter
Not many moons ago I wrote that the no-brainer or average-Joes yardstick to measure if the economy was getting bad was to look at how Starbucks’ (Nasdaq: SBUX, stock) business was doing. Furthermore at about RM10 a cup of coffee it’s considered a luxury, at least to the majority of the men on th [...]
May 14th, 2009 by financetwitter
Speculators and punters are at the crossroads now. Stock market has arrived at the traffic light – would it pause before continue its journey to the north or would it make a U-turn and go south? It’s freaking fun to see the look on the face of the speculators or punters now. If the so-called bea [...]
May 13th, 2009 by financetwitter
Would it be too cruel to say “I told you so” now that the Court of Appeal granted the so-called illegitimate Chief Minister Zambry a stay of execution on the High Court ruling yesterday that the so-called legitimate Chief Minister Nizar was the rightful Menteri Besar (Chief Minister) of Perak? F [...]
May 11th, 2009 by financetwitter
I’ve to admit I was rather surprised with the High Court decision that declared Nizar Jamaluddin as the rightful Perak Menteri Besar (Chief Minister) instead of ruling government’s choice, Zambry. Equally surprise was the Zambry’s application for a stay pending appeal which was immediately rej [...]
May 9th, 2009 by financetwitter
Something is not right here although I hope I’m wrong. Not many months ago the stock market happily plunged with a single bad news although there were dozen of good news accompanied it. Now a single good news plus dozens of bad news is enough to send the stock market to the moon. Everything was up [...]
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