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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 3rd, 2008 by financetwitter
Not many moons ago, I’ve wrote why I don’t really fancy the local Ringgit to appreciate further against U.S. dollar. In fact I would love the local currency to float at RM3.80 to US1.00 or even weaker. Why am I so cruel and unpatriotic? The reason is pretty simple (hey I’m not a complicated pe [...]
June 2nd, 2008 by financetwitter
Developers were particularly happy with Google’s Android program though they hope Apple could grant them the same priviledges on iPhone. If there would be one day the Google’s phone could overtake iPhone as the most popular smart phone, the credits would definitely go to the developers, thanks t [...]
June 2nd, 2008 by financetwitter
Blogging has entered a new horizon when politicians including former premier Mahathir could not resist the temptation to start his own blog. Mahathir blog registered 1 million hits within a month, an achievement most of bloggers would dream of. Since the recent 12th general election, mysteriously bl [...]
June 1st, 2008 by financetwitter
I thought I could get a good rest today after a tiring house-warming party yesterday but somehow amazing stories kept coming. People familiar with the local political scene once said (after the recent 12th general election) although UMNO (main component party of National Front) was made of mostly br [...]
May 31st, 2008 by financetwitter
Apple’s two bucks jump in the stock price Friday was primarily due to Dell Inc.’s strong earnings result that pushed up technology shares and the expectation that Apple Inc. is preparing for the much talked-about 3G iPhone launch. This time it’s for real considering that it was Apple itself th [...]
May 30th, 2008 by financetwitter
Even if Maybank or some other hidden hands in this matter would eventually pull it through, the real reasons for paying exorbitant price for Indonesian PT Bank Internasional Indonesia (JAK: BNII) should be revealed to the public especially the stock investors. At least investors who are thinking of [...]
May 29th, 2008 by financetwitter
Whenever the discussion about Google vs Facebook pops there’s always a group of people who would scream “Huh? Google and Facebook are of different business dude!” Of course I know that silly. Every Tom, Dick and his dog knew Google is in online search business while Facebook is in one of Web 2 [...]
May 28th, 2008 by financetwitter
You cannot help but get very suspicious of the whole Grand Saga-Bandar Mahkota Cheras crisis. After the recent police brutality I thought it won’t happen again, well at least not so soon, but how wrong I was. It was just like those Bollywood movie whereby the tyranny of the rich crossed all the bo [...]
May 28th, 2008 by financetwitter
One of the strategies to tell the speculators that they’re screwed with their greediness in making money by jacking up the oil prices is to boycott them. How? Use less fuel or stay at home. That’s precisely what happened during the Memorial Day when analysts predicted that people were going out [...]
May 26th, 2008 by financetwitter
Ask yourself if you’ve voted the opposition namely DAP, PKR or PAS during the 12th general election three months ago and if the answer is “yes” then give a round of applause to yourself. I was pretty sure there were hidden hands at work in manipulating the price of rice ever since the Padibera [...]
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