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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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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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September 21st, 2024 by financetwitter
At approximately 3:25 p.m. Tuesday (Sept 17), two members of Hezbollah terror group were having lunch at a shopping mall in Beirut. A pager, also known as a beeper or bleeper, which is considered an obsolete one-way communication device that can only receive messages, carried by one of the men sudd [...]
September 19th, 2024 by financetwitter
As expected, Perikatan Nasional (PN) has rejected the draft MOU (Memorandum of Understanding) on constituency allocations for opposition MPs. Interestingly, while leaders of ultra-Malay Bersatu and Islamist party PAS were screaming their lungs out, they didn't realize how their rejection has expose [...]
September 16th, 2024 by financetwitter
When China officially connected to the internet on April 20, 1994, it was a huge milestone despite the 64-kilobit special line, which was made possible thanks to the service of U.S. telecommunication company Sprint. Back then, it would be a challenge for tourists to find a decent public toilet. The [...]
September 12th, 2024 by financetwitter
Does anyone get a feeling the current Anwar administration, despite less than 2 years old, actually feels extremely familiar as if it has been six decades? Yes, it feels and smells like the previous ruling Barisan Nasional government is running the show even though the driver is Pakatan Harapan cha [...]
September 10th, 2024 by financetwitter
When was the last time you see a restaurant with a sign saying "No Pork, No Lard" doing a roaring business with Malay-Muslim customers in Peninsular Malaysia? Chances are, no Malays would step their foot into such shops. If it was halal in the first place, the restaurant would put "Halal" instead o [...]
September 8th, 2024 by financetwitter
Former backdoor Prime Minister Muhyiddin Yassin has sworn in the name of God that he did not take a single penny from the scandalous RM4 billion 1BestariNet project during his tenure as Education Minister in 2011. Well, his former boss, disgraced ex-prime minister Najib Razak, too, had misused God' [...]
September 6th, 2024 by financetwitter
Artificial Intelligence (AI) chip maker Nvidia has been minting tonnes of millionaires among its 30,000 employees. The nearly US$3 trillion company generated US$27 billion in revenue in its fiscal 2023. Then, something spectacular happened. Nvidia revenue for the 12 months ending July 31, 2024 skyr [...]
September 3rd, 2024 by financetwitter
For the first time since Independence in August 31, 1957, the National Day celebration this year saw something very different from the previous governments. The Anwar-led Unity Government, with the theme "Malaysia Madani: Jiwa Merdeka", has unleashed a special performance that reflects a long overd [...]
August 30th, 2024 by financetwitter
Wee Ka Siong burst with anger last month after his flight to Sandakan from Kota Kinabalu was delayed several times. The former Transport Minister was so angry that he whined, moaned and bitched non-stop on social media about his suffering. If even a mega-rich and powerful man like him went nuclear, [...]
August 27th, 2024 by financetwitter
Even if you're not a gamer, you would have heard of the international success of China's first "Triple-A" game called "Black Myth: Wukong", an action RPG developed by Chinese studio Game Science. It was so successful that it has sold a jaw-dropping 10 million copies in just 3 days - and made a cool [...]
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