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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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October 1st, 2007 by financetwitter
It was about three months ago when former Maxis Communications Bhd group CEO, Datuk Jamaludin Ibrahim, announced his decision to call it a day. On the day of the resignation announcement there were plenty of speculations as to which company that managed to win the heart of Jamaludin. Of course Jamal [...]
September 30th, 2007 by financetwitter
By now you and everyone should know that the once listed Celcom will be re-listed again. Who said deadman cannot rise and pig cannot fly in Malaysia? And to think of the possibility that Maxis Communications Berhad could be making its way back to the local stock market one of this day after Ananda d [...]
September 28th, 2007 by financetwitter
3Com Corporation, a maker of networking hardware and software, will be sold to affiliates of private equity firm Boston-based Bain Capital Partners LLC for $2.2 billion and taken private. The cash deal will also gives Huawei Technologies, China's largest manufacturer of telecommunications equipment, [...]
September 28th, 2007 by financetwitter
Competition is always the best way not only for companies to offer better service but also to provide the most cost-effective solution for consumers. A classic example will be how everyone can fly with AirAsia, without which consumers will still be paying top dollars to fly. And to continue with his [...]
September 27th, 2007 by financetwitter
Are you previously one of the proud shareholders of Maxis Communications Berhad stocks who got a shocked by the privatization mooted by tycoon Ananda? If you are, you might either have relocated the money gotten from the disposal to other telco-stocks or maybe non-telco stocks. Maybe you’re still [...]
September 27th, 2007 by financetwitter
Bakery business is never easy, what more with the Asian culture where breads are never considered the main staple foods. People still opts for rice (nasi lemak anyone?) or noodles for their daily breakfast. Morning breakfast is the only time breads can stand tall with pride as it will seldom appear [...]
September 26th, 2007 by financetwitter
The morning on Wednesday, 26th Sept 2007 would be another milestone as far as about 1,000 lawyers are concern. Seven buses chartered by Bar Council begun their march for “Justice”, only to be stopped and barred from entering Putrajaya, the central government administration of Malaysia. In the hi [...]
September 26th, 2007 by financetwitter
Having lost the battle in acquiring Rashid Hussain Berhad’s jewel RHB Bank despite putting the highest offer on the table to Utama Banking Group (KLSE: UBG, stock-code 6831), EON Capital Berhad (KLSE: EONCAP, stock-code 5266) was directionless since then. Many predicted EON Capital could be the ta [...]
September 26th, 2007 by financetwitter
Whoa! Did you see how Apple Inc.’s (Nasdaq: AAPL, stock) breached the strong resistance of $150.00 per share on Tuesday’s trading? I was about to lock-in the profit when I saw how it tried for more than 3 hours alone trying to push pass that level. Honestly I rarely saw such a stubborn stock con [...]
September 25th, 2007 by financetwitter
When people talk about tycoons, you can’t float too far away without taking a hard look at shipping industry. Pre-technology age, building an empire (always associated with shipping) was a hard work which not only required huge resources but also tons of precious time. Shipping tycoons such as Y.K [...]
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