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I have stated my views honestly, guided by my conscience and with the best interests of the nation in mind – says Hannah Yeoh. About a week later, the Federal Territories Minister, who is also a critical member of the Pardons Board, denied ever signing a house arrest order for former Prime Minist
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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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October 23rd, 2007 by financetwitter
YES! Apple did it again. Apple saved the day. Apple is incredible. What a wonderful Apple stock. You simply got to love Apple Inc. and Steve Jobs. I might sound exaggerated with all the praises for Apple but it's simply lovely. Not only it re-injected the optimism into the stock market especially Na [...]
October 22nd, 2007 by financetwitter
Somehow I like this thing about bargain hunting. And I like the law of whatever goes up must comes down and vice versa. We saw the Dow plunged by 366 points last Friday and today we saw a slight rebound in the afternoon after a three-digit plunge in the morning trading. Traders are still nervous obv [...]
October 22nd, 2007 by financetwitter
Meritocracy is perhaps the last word a government would like to hear that practice nepotism, cronyism or racism policies. You can bet your last penny such government would have pathetic policies implemented in large-scale ranging from education to corporate business. There’s nothing wrong with suc [...]
October 21st, 2007 by financetwitter
Call it coincidence, myth, haunted, eerie or whatever you wish but the fact is on 20th anniversary of Oct 19th 1987’s “Black Monday” crash that saw Dow Jones plunged by 26 percent, the same happened last Friday (19th Oct 2007). Only this time the Dow fell by a lower percentage which is 2.64 pe [...]
October 19th, 2007 by financetwitter
First the bad news! You’re just inches away from having to pay the biggest quantum of fuel hike next year (I said next year because it would be silly for the Malaysia government to increase the rate this year), probably after general election. At the same time the government is just inches from an [...]
October 18th, 2007 by financetwitter
Google Inc. stock was trading in a very narrow range and for the most of the morning session it was trying to breach the $632 resistance. It managed to do so at 1:45pm trading time (as of writing). So some crazy ideas pop-up into my brain and I’ve decided to let my little GOOG Nov 570 Call Options [...]
October 18th, 2007 by financetwitter
Oil prices dominated most of the businesses, stocks and economies discussion lately. Due to the fact that the fuel prices affect our daily life, we simply cannot ignore its impact no matter how hard we try. One of my friends who bought a brand new BMW 3-Series recently somehow didn’t looks happy a [...]
October 18th, 2007 by financetwitter
When the subprime crisis exploded, the U.S. largest mortgage lender, Countrywide Financial Corp was perhaps the most talked about company after Merrill Lynch analyst ticked off the possibility of a bankruptcy. And now The Securities and Exchange Commission is investigating the obvious insider-tradin [...]
October 17th, 2007 by financetwitter
It appears both Apple Inc.’s (Nasdaq: AAPL, stock) and Google Inc. (Nasdaq: GOOG, stock) behave very well in the morning trading session today. So I’ll just let it trade whichever direction it wish to. As blogged earlier, Google is expected to announce its earning tomorrow, Thursday 18th Oct 200 [...]
October 17th, 2007 by financetwitter
StockTube has been bashing Yahoo Inc. (Nasdaq: YHOO, stock) whenever the opportunity presents itself in favor of Google Inc. (Nasdaq: GOOG, stock). While you might see me as a mean-creature just short of sexually abuse both Jerry Yang and David Filo, in contrast my intention was for “Yahoo’s own [...]
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