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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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June 24th, 2008 by financetwitter
Before the invention of internet on the scale we’re seeing today there were not many nice and exciting stocks investing game around. If my old memory still serves me right, the games available during the old time were developed for MS-DOS, the oldest Microsoft operating system. Somehow I was hooke [...]
June 23rd, 2008 by financetwitter
Whoa! I was out of town for a short break and when I came back there were so many happenings, not the same type of happenings you get during clubbing mind you. Some friends suggested we should try one more round of cheap foods before it disappears thanks to the recent 41 percent fuel hike. At first [...]
June 20th, 2008 by financetwitter
Seriously if not for the name Robert Kuok, Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) could turn to penny stock today – name speaks volume. Despite huge debts amounting to RM535.8 million thanks to accounting irregularities discovered about a year ago, the tycoon continues to hold on. [...]
June 19th, 2008 by financetwitter
After the recent 12th general election on 8th Mar 2008 that saw the once giant National Front (Barisan Nasional) tumbled without knowing what hit them, I’ve wrote that the political landscape has changed and one should really take this into consideration before commit any more money into the stock [...]
June 18th, 2008 by financetwitter
Guess the law has been proven right again – whatever goes up must comes down and vice versa. This does not applies only to stock investing or option trading but also to other fields such as politics and lifes. You experience ups and downs throughout the journey of your life and so the end of the p [...]
June 17th, 2008 by financetwitter
Remember the advices from your mum and dad when you were a kid that you should study hard in order to get a good job? Assuming most of the readers are not above 50-years-old, you might laugh at the older advises to get a job with a bank because basically it was a job synonym with golden-bowl – mea [...]
June 16th, 2008 by financetwitter
Did you enjoy the Father’s Day yesterday? Strangely I found that most restaurants are not as packed as during Mother’s Day celebration. Guess the labour pain makes the difference although with the current escalating cost of living, thanks to the “competent” government we have now, the father [...]
June 14th, 2008 by financetwitter
As I was renewing my road-tax and insurance today, I noticed that the staffs were busy chatting and explaining to their customers about the hottest news of the day – claiming the RM625 cash rebate for cars below 2000cc. Indeed it was the busiest day in the history of local post offices nationwide. [...]
June 13th, 2008 by financetwitter
After Google offer the oxygen tank to Yahoo Inc. in order to cut off Microsoft from acquiring the latter, Yahoo is like a drug addict who has nowhere else to go but back to Google for the fix. Now that Microsoft is off from the deal, Yahoo is firefighting at its own backyard – rebellion among its [...]
June 12th, 2008 by financetwitter
Wall Street tumbled more than 200 points to its lowest close since mid-March thanks to surging oil prices which was traded as high as $138.30 a barrel on the New York Mercantile Exchange. The culprit – U.S. Energy Department data Wednesday showed that gasoline supplies grew last week but that crud [...]
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