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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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February 21st, 2008 by financetwitter
Stop haggling over the price like some housewives at wet-markets, says Bill Gates. It’s a logical statement to make when you’re talking about coughing extra billions if the bid price of $31 a share were to be raised. But the richest man on earth did not say the first bid price was final and not [...]
February 20th, 2008 by financetwitter
It’s not easy to make money trading option or investing stocks during such a bearish market. I hope you’re aware (or at least read about it either from analysts or FinanceTwitter) the bear is still roaming and perhaps will continue to do that for a couple of months to come. But when you’re tra [...]
February 19th, 2008 by financetwitter
When the managing director of MAS, Idris Jala, said the company is interested in M&A (mergers and acquisitions) with other Asia Pacific carriers to grow the company, it didn’t raise my attention. The reason was quite easy – on its own, the Malaysia Airline System (KLSE: MAS, stock-code 3786) [...]
February 18th, 2008 by financetwitter
There’re many ways to skin a cat, so goes the saying. As far as a leader of a nation is concerned, there’re many ways to attract international attention as well. Former premier Mahathir chose to worship the Japan while blasted the Western during his dictatorship, so much so that he was labeled a [...]
February 17th, 2008 by financetwitter
Astro which has a virtual monopoly on pay-TV services in Malaysia has almost nowhere to expand except internationally although its venture into Indonesia was met with losses. Reuters reported that Astro All Asia Network Plc (KLSE: ASTRO, stock-code 5076) is now trying to bid for United Kingdom-based [...]
February 16th, 2008 by financetwitter
Donald Trump used to be a billionaire and lost everything with lots of debts, so much so that once he envied man on the street because those people have more money than him. But he learnt his lesson and diversification was the name of the game. He’s back to the status of a billionaire now of cours [...]
February 15th, 2008 by financetwitter
The heat of 12th Malaysia General Election already started this year, 2008, although it has not reach the climax and boiling level yet. It’s not too much to say that most of the politicians are still warming up their belly since the final candidates list is not officially out yet. Majority of the [...]
February 15th, 2008 by financetwitter
The last thing you wish to see, or rather hear, is the pessimism from the most powerful person in charge of nation’s economy. This of course applies to person(s) who is transparent about the economy status and do not beat around the bush, never mind he was late in taking the necessary action to pu [...]
February 14th, 2008 by financetwitter
Four months ago businessman Syed Mokhtar tried to purchase stocks he didn’t own from shareholders cheaply. The offer prices were ridiculously cheap as if he was trying to insult the shareholders’ intelligence, although his primary intention was to ensure he get hold of the RM597 million to repay [...]
February 14th, 2008 by financetwitter
If you’re a good American citizen who pay taxes or earn at least $3,000, you’re one of the 130 million lucky people selected by President Bush for the “Rebate Checks” scheduled to arrive at your doorstep around May 2008. Most taxpayers will receive a check of up to $600 for individuals and $ [...]
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