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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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March 9th, 2009 by financetwitter
Economists at the World Bank predicted that the global economy will shrink for the first time since World War II with trades at its lowest in 80 years. You may not like it but it seems this Great Recession that we’re riding on is going to be the longest since World War II, making the 1981-82 and 1 [...]
March 6th, 2009 by financetwitter
Who would have thought that the mighty Citigroup Inc. (NYSE: C, stock) could become a penny stock one day? It was unthinkable as the American brand was once the most powerful bank on the planet earth and to flash your Citibank Credit Card was a privilege that Mr. Bean would not get tired of. Citigro [...]
March 4th, 2009 by financetwitter
Like it or not we may be entering the Great Recession without us realizing it and only time will tell if we’re indeed walking into the history. So how does it feels or just how comprehensive is this so-called Great Recession? In reality unless you’re in the manufacturing or other vulnerable sect [...]
March 3rd, 2009 by financetwitter
Two scariest (or rather amazing) things are to be remembered as we entered the month of Mar 2009. First – the Dow Jones Industrial Average has finally breached the 7,000-level when it closed at 6,763.29; a loss of almost 300 points. The Dow hadn’t traded below 7,000 since Oct. 28 1997 – 11 yea [...]
March 1st, 2009 by financetwitter
Malaysia‘s GDP (gross domestic product) registered a growth of 4.6% for 2008, shrunk from 6.3% recorded in 2007 and lower that earlier projection growth of 5% (for 2008). However the fourth quarter’s (Oct-Dec 2008) growth was at disturbing 0.1% growth compared with 4.7% in the third quarter. Tha [...]
February 26th, 2009 by financetwitter
It’s funny how the government could be held ransom by the already fat toll operators making millions of dollars of profit from the lopsided concession agreement. But I supposed it’s not the fault of the current administration namely the outgoing Prime Minister Abdullah Badawi and certainly nobod [...]
February 25th, 2009 by financetwitter
I was wondering if some hackers were recruited by the federal government to hack my notebook to either plant some Trojan horses or just to deny my access to the internet – surfing was bloody slow that I could leave my notebook to fetch its pages while I disappeared into kitchen to cook a bowl of i [...]
February 24th, 2009 by financetwitter
U.S. financial crisis is getting worse and it seems the current cycle of recession could stretch deep into 2010. While it was a good sign for traders to short the stock or whack the Put Options when Dow Jones plunged below 8,000-level recently, the global financial systems could experience turmoil m [...]
February 22nd, 2009 by financetwitter
Ever since the federal government (or rather UMNO) forcefully taken over one of opposition’s states of Perak the de-factor opposition leader Anwar Ibrahim couldn’t afford to smile as much as he used to be. Just like the stock market Anwar was charging like a bull as if the market was experiencin [...]
February 21st, 2009 by financetwitter
One of the readers asked me about Genting Group’s (KLSE: GENTING, stock-code 3182) stock, a company I last wrote in June 2008 and since then I never look back. The stock was on free-fall back then and I presumed nobody dares to catch a falling knife. In fact when the group succeeded in its bidding [...]
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