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Unemployment rate plunged to 2.9% in November 2025, reaching its lowest level in 11 years. Prime Minister Anwar Ibrahim quickly claimed the credit in January 2026, attributing the milestone to his Madani Government’s so-called economic reforms. Today, with Johor state election at high gear, Deput
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Ever wonder why Najib Razak’s lawyer - Muhammad Shafee Abdullah – has suddenly gone silent over a royal pardon and house arrest? Shafee, who had whined, cried, and bitched till foaming at the mouth about the government’s obstruction of a purported "addendum order" by the previous King allowin
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While Malaysia's multi-coalition Unity Government remains intact at the federal level, the United Malays National Organization (UMNO), a governing partner, is waging selective wars in its strongholds that are threatening to expose the fragility and weakness of Prime Minister Anwar Ibrahim’s admin
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You don’t actually have to win your match to reach the knockout stage at the FIFA World Cup. At a time when Asian soccer giant South Korea failed to make it, a tiny island with the same population as Maldives but few people knew existed stunningly made it through – without winning a single matc
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UMNO-led Barisan Nasional (BN) may have miscalculated when Johor Chief Minister Onn Hafiz Ghazi arrogantly declared war on Pakatan Harapan (PH). Not only he announced that BN will “go solo”, will contest all 56 seats in the next Johor state election, and will leave no space for cooperation or n
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On May 1, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) – under Executive Order (E.O.) 13902 - designated three Iranian foreign currency exchange houses and their associated front companies as part of Economic Fury and Treasury’s ongoing efforts to disrup
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One of the easiest gimmicks to scam voters to win elections is to create problems and then pretend to solve them, and voila, people would burst into tears in appreciation and gratitude. Taking away something before giving it back has been one of the oldest tricks used by many parents to handle misb
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What goes around comes around - meaning your actions, whether good or bad, will eventually have consequences that return to you. When politicians from Bersatu, Barisan Nasional, PAS, and a splinter faction of PKR met at the Sheraton Hotel on February 23, 2020, all eyes were on Muhyiddin Yassin and
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Among the 40 DAP Members of Parliament, Hannah Yeoh arguably is the most rewarded lawmaker. Not only Asia Mobility Technologies Sdn Bhd, owned by her husband, was awarded the Selangor's Demand-Responsive Transit (DRT) controversial billion-ringgit project, but she also received a promotion as the F
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President Donald Trump has said a deal to end fighting between the U.S. and Iran is scheduled to be signed on Sunday (June 14), despite Iran casting doubt on the timing. On Saturday, Pakistan, a key mediator, also said the deal was "likely expected" to be finalized within 24 hours and they were "pr
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November 8th, 2007 by financetwitter
Again the U.S. Dow Jones plunged 360 points Wednesday *yawn*. Is that the best it can do? I’m still waiting for 4-digits drop as I’ve not seen that before but 3-digits drop is quite normal nowadays, no? And aren’t you sick and tired with this subprime crisis being put as target on the shooting [...]
November 7th, 2007 by financetwitter
Stocks tumble again on the Wall Street and this time we’ve another culprit that we can point our finger at. Blame it on General Motors Corp. (NYSE: GM, stock) - the company reported a loss of $39 billion, or $68.85 per share, more than the loss of $147 million, or 26 cents per share GM reported in [...]
November 7th, 2007 by financetwitter
Malaysian crude palm oil futures broke past the key RM3,000 resistance level to strike a new high today, after crude jumped to a record peak and soyoil soared to a near 33-year high. Prices also gained as financial players covered their short positions ahead of an Indonesian industry conference tomo [...]
November 6th, 2007 by financetwitter
The way Google move along its roadmap (I assumed they have one) is simply fantastic. The company is one of the rare species that do not give earnings guidance and this could be the reason for its success. Probably Google itself couldn’t measure how far the company will jump in every coming quarter [...]
November 5th, 2007 by financetwitter
Question: Name me a stock that defies the gravity and appears to have everlasting rocket fuel blasting into the space. Answer: Google Inc. of course. Not only the stock doesn’t give the stock market a damn even though the Dow was in red for sometime now, it also continues to attract analysts.
I [...]
November 5th, 2007 by financetwitter
The global financial market has a new champ – PetroChina, which became the world’s largest company by market capitalization worth nearly one trillion dollars – double the value of ExxonMobil. PetroChina’s stock prices were trading at 48.62 yuan from IPO price of 16.7 yuan today, Monday 5th N [...]
November 4th, 2007 by financetwitter
Some of you asked how on earth a non-U.S. citizen can open an account with the intention to invest U.S. stocks or to trade its options. The facilities to do so were there for years and the process was simple. It just that after the tragic Sept-11 incident the U.S. government has put on multiple proc [...]
November 3rd, 2007 by financetwitter
The wind of general election is blowing. And it’s blowing real fast and strong, so much so that I overheard not once, twice but thrice conversations about it from the next table when I was having a glass of “Teh Tarik kurang manis” (pulled tea minus condensed milk) with my buddies within this [...]
November 2nd, 2007 by financetwitter
Wow! For investors who are keen to trade the U.S. stocks or options but not sure how to do it, fret not. There’s good news for you thanks to the aggressive issuer OSK Investment Bank. OSK Investment Bank has been fighting heads on with CIMB in the call warrants market lately. Both are willing to l [...]
November 2nd, 2007 by financetwitter
Japan's benchmark stock index, Nikkei 225, plunged more than 300 points and Hong Kong blue chip Hang Seng Index was down 710.62 points in early trading. Malaysian KLCI dropped below its crucial and glory level of 1,400 marks by 15 points to the 1,394 level. Blame it on Wall Street which pulled the D [...]
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