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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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December 3rd, 2007 by financetwitter
Computer gamers out there should know who’s Blizzard Entertainment. No? Then games such as “World of Warcraft” and “Diablo” might ring the bell. Of all the games I’d played my favorite was easily Diablo II - thereafter you saw some other games built within the same story-line or concept [...]
December 2nd, 2007 by financetwitter
To Hong Kong billionaire Li Ka-shing 60 million dollars are just loose change. Considering his fortune was estimated to be worth 23 billions and the ninth richest person in the world by Forbes, 60 million dollars toy would not looks excessive. The tycoon could probably talk days and nights when come [...]
December 2nd, 2007 by financetwitter
Your personal web hosting normally comes into mind whenever you’ve decided to host your own domain name. Most bloggers would not jump into real blogosphere by having their own domain name plus the hosting server as they won’t know if blogging is what they’re looking for. Hence free blogging vi [...]
December 1st, 2007 by financetwitter
Someone who tried to please Malaysian PM Abdullah Badawi said recently that the PM was perhaps the nicest and bestest premier as he has not used the draconian Internal Security Act (ISA) and the people should appreciate it. Not many months later the PM threaten to use the ISA in the wake of the rall [...]
November 30th, 2007 by financetwitter
StockTube had said previously that investors shouldn’t run naked but take their own sweet time to put on their clothes so that nobody could call you cuckoo. Speculators or gamblers on the other side ran helter skelter and unfortunately investors whose emotion were put to test decided to join in th [...]
November 28th, 2007 by financetwitter
One of the most spectacular things you can find amongst the politicians in Malaysia is the way they talk faster (output) than what their brain machines could process (input). Most of the government controlled-media reported news that the Cabinet has agreed not to raise the toll charges at four main [...]
November 27th, 2007 by financetwitter
One of my property stocks, Eastern and Oriental, has requested suspension on the shares trade of both the parent and its subsidiaries. Eastern & Oriental Berhad (KLSE: E&O, stock-code 3417) has signaled a major corporate transaction involving itself (parent) and its property arm, E & O P [...]
November 27th, 2007 by financetwitter
Electronic Games such as Nintendo Wii, Xbox or Playstation are the favorites and hot-selling items during the year-end holiday Christmas. These are just a small portion of other holiday gifts which could sell-off before you can blink your eyes. Thanks to internet grabbing a piece of the items online [...]
November 26th, 2007 by financetwitter
Boy! You should see the face of the Malaysian Prime Minister Abdullah Badawi when he was giving his opinion about Sunday’s rally by thousands of minority Indians. After Hindraf (Hindu Rights Action Force) filed a $4 trillion lawsuit against the British Government in London, August 2007, it raised [...]
November 24th, 2007 by financetwitter
The recent privatization announcement involving yet another sector, number forecast operator (NFO), has created some excitements since the stock market took the plunge taking the cue from U.S. continuous sub-prime worries. Magnum Corp Berhad, the oldest NFO in Malaysia is set to be taken private by [...]
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