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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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Comparing Premier League teams is not always as simple as checking their position in the table.
Two clubs can sit next to each other in the standings while having very different strengths, weaknesses, and styles of play. One may rely on a strong defence and narrow victories, while another may sc
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July 3rd, 2024 by financetwitter
Since Anwar Ibrahim became the PMX (10th Prime Minister) on Nov 24, 2022, he has done three incredible things. First, he has splashed tens of billions of Ringgit to appease fellow ethnic Malays, 80% of whom did not vote for him. Second, his government has donated RM100 million to the Palestinians, [...]
June 29th, 2024 by financetwitter
After chickening out from Kuala Kubu Baharu by-election last month, Anwar Ibrahim has again decided to skip campaigning for the coming Sungai Bakap polls on July 6. This alone suggests that the prime minister's political party - PKR (People's Justice Party) - is set to be crushed by PAS Islamist pa [...]
June 27th, 2024 by financetwitter
Since the price of gold broke the US$2,300 level for the first time in April this year, it has met with resistance after hitting US$2,450 an ounce. The commodity is now trading between the support level of US$2,300 and resistance level of US$2,400. The spectacular climb was due to not only geopolit [...]
June 23rd, 2024 by financetwitter
BlackRock was founded in 1988 by Laurence Fink, Robert Kapito and Susan Wagner. An American multinational investment company which does not discriminate, it invests in everything under the Sun that makes money - from fossil fuels to Chinese People's Liberation Army. It does not care about climate c [...]
June 20th, 2024 by financetwitter
China has been Malaysia’s crucial partner since 2009, with total trade last year hitting RM450.84 billion (US$95.65 billion). Although trade with China fell by 7.3% in 2023, China continued to be Malaysia’s largest trading partner for 15 consecutive years, commanding 17.1% share of Malaysia’s [...]
June 15th, 2024 by financetwitter
Until the diesel subsidy was scrapped beginning June 10, the country had to spend RM14.5 billion annually on the subsidy. Minister of Finance II Amir Hamzah Azizan said diesel subsidies cost Malaysia RM1 billion a month, while losses from leakages or smuggling amount to a staggering RM4.5 million e [...]
June 14th, 2024 by financetwitter
Vladimir Putin has sent a powerful fleet of warships to Cuba on Wednesday (12-June) ahead of planned military exercises in the Caribbean. It was a calculated move to flex Russian muscle in the backyard of the United States. Just roughly 90 miles (150 kilometres) away from its traditional enemy U.S. [...]
June 10th, 2024 by financetwitter
From RM12 just to follow a TikTok creator to RM15 just to like a YouTube channel, you can earn easy money by doing some very simple jobs. To the gullible users, these appear to be a heaven-sent opportunity to get rich very quickly. They somehow believe this is a social media hype job, which pays RM [...]
June 8th, 2024 by financetwitter
Once considered a luxury, bicycles were introduced in China about 150 years ago. But after a bicycle-manufacturing factory was set up in Tianjin in 1936, it quickly grew to meet the increasing demand. At one time, China was known as the "kingdom of bicycles" because it had a mind-boggling 670 millio [...]
June 2nd, 2024 by financetwitter
Ong Ing Keong, like any other e-hailing drivers, was just trying to make a living. The only difference is the 46-year-old Grab driver is deaf. But he isn't blind, hence he's perfectly fit to work. As usual, on May 28, 2024, he was waiting to pick up four passengers at the St Regis Hotel in Kuala Lum [...]
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