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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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January 7th, 2008 by financetwitter
As their competitor you got to hate them but as their customer you simply got to love them, although you might have thousand and one reason to criticize them because you were comparing an apple and an orange. Before the creation of this creature called AirAsia Berhad (KLSE: AIRASIA, stock-code 5099) [...]
January 6th, 2008 by financetwitter
Just what could be the problem with Malaysia’s fifth Prime Minister Abdullah Badawi’s administration? He got the highest votes from the public during his first election since taken over from former premier Mahathir but it appears he’s screwing it up pretty fast. Hold on! It was not only the vo [...]
January 5th, 2008 by financetwitter
Weaker job growth and a rise in the unemployment rate enabled Wall Street to take the 3-digit plunge again Friday. The Dow fell 256.54 (1.96 percent) to 12,800.18, below the psychological 13,000 points while the Standard & Poor's 500 index declined 35.53 (2.46 percent) to 1,411.63. Meanwhile The [...]
January 4th, 2008 by financetwitter
Who would have thought that the traditional boring plantation stocks will be the sector that jump-starts the New Year 2008 with a bang? People would most likely put their bet on financial, property or even oil and gas companies to be the hero entering the new calendar. But the crude palm oil (CPO) p [...]
January 3rd, 2008 by financetwitter
While Baidu.com, Inc. (Nasdaq: BIDU, stock), the Chinese search engine that often said to be Chinese version of Google, lost their Chief Financial Officer, Shawn Wang, who died in an accident in China, its stock is still mourning. With the next support at $350 the stock could see further downtrend � [...]
January 3rd, 2008 by financetwitter
Fuel prices touched the frightening level of $100 a barrel before eased Thursday. Light, sweet crude for February delivery fell 38 cents to $99.24 a barrel in Asian electronic trading but not before rose $4.02 to $100 a barrel Wednesday, only to slipped back below $100 to a record $99.62 – up $3.6 [...]
January 2nd, 2008 by financetwitter
The first political casualty from the ruling government starts the second day of the New Year 2008 today when Malaysian Health Minister cum MCA vice president, Dr Chua Soi Lek, announced his resignation (or sacked by his own boss?) one day after he refused to do so. Chua Soi Lek’s sex DVDs scandal [...]
January 1st, 2008 by financetwitter
What a day to start the first day of the New Year 2008. And if you’re living in the land of a nation called Malaysia, you should be proud of the great abundant of stories that never fail to amuse you. While everyone was celebrating the New Year with great fireworks, you have groups of Mat Rempit ( [...]
December 31st, 2007 by financetwitter
StockTube first blogged about Vincent Tan’s stocks in Oct 2006 when Berjaya Capital Berhad was still a listed company. Then Berjaya Corporation Berhad (KLSE: BJCORP, stock-code 3395), formerly known as Berjaya Group Berhad together with its Irredeemable Convertible Loan Stocks, ICULS (2005/2015) B [...]
December 30th, 2007 by financetwitter
Not many hours left before we welcome yet another new year and bid farewell to the year 2007. The holiday mood should have started since the middle of Dec 2007 when most of you are clearing your annual leaves and probably will see your colleagues again in 2008. Kuala Lumpur Stock Exchange is set to [...]
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