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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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From accusing Democratic Action Party (DAP) of seeking to eliminate the Malays and Islam to defending the United Malays National Organization’s (UMNO) corruption and Ponzi scheme in the Tabung Haji’s scandal, Abdul Hadi Awang has again weaponized race and religion as political tools. The goal r
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Depending on who you ask, Pinduoduo could be a dangerous threat to traditional retail and small businesses, or a godsend app to consumers struggling with high cost of living. The massive e-commerce platform known for ultra-low prices through group-buying has taken the world by storm. It offers incr
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The U.S.-Iran conflict has evolved into a “game of chicken” in the Strait of Hormuz, with each side betting that the other will blink first and make concessions. For Tehran, threatening maritime traffic in the strait provides the only leverage over the global economy and a means of pressur
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Perak DAP has unanimously decided to remain in the unity government led by Prime Minister Anwar Ibrahim. That’s not surprising considering that the chief of the Perak Democratic Action Party (DAP) is Nga Kor Ming, who is also the powerful Minister of Housing and Local Government. To resign wou
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Troubling security information reached the upper tier of Trump’s team on July 7, the first day of the NATO summit. Hosted by Turkey for the second time in history, the 36th NATO summit in Ankara (July 7 – 8) came at a critical moment. As President Donald Trump’s motorcade rushed through Turke
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In May 2015, Mahathir Mohamad warned Tabung Haji to cancel its land purchase from 1MDB (1Malaysia Development Berhad). He disagreed that the Malaysia’s Pilgrims’ Fund was being used to bail out 1MDB – purchasing a small 1.56 acre of Tun Razak Exchange (TRX) land for RM188.5 million, when an
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A week ago, Donald Trump said he was calling off the biggest military attack since World War II because a deal to end the Iran War was imminent. When there was no deal, as the world had already anticipated, he changed his story. Now, he’s signalling the U.S. is in no rush to resolve the conflict,
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August 20th, 2007 by financetwitter
With the exception of China, almost all the stock markets worldwide depend very much on U.S. Wall Street. The Wall Street in turns depends on the internal American’s economy data of which depends on one person who set the tune of the financial pulse. This person is said to be more powerful than th [...]
August 17th, 2007 by financetwitter
Slightly more than 12 hours a go, FinanceTwitter blogged that the investors should “Get Ready for Asian Black Friday” as the U.S.’s Countrywide Financial Corp decision to borrowed $11.5 billion from a group of 40 banks would be used as the scape-goat by investors to further punish the stock ma [...]
August 16th, 2007 by financetwitter
More bad news hitting the Wall Street again on Thursday. Countrywide Financial Corp., the nation's largest mortgage lender said it had borrowed $11.5 billion from a group of 40 banks to fund loans in a move that shows just how deep the lending crisis has become - reported AP. Countrywide shares fell [...]
August 16th, 2007 by financetwitter
This is not something new but rather to re-confirm the market’s expectation of the next subsequent steps to be taken by EPF (Employees Provident Fund) after it successfully or forcefully acquired Rashid Hussain Bhd (KLSE: RHB, stock-code 1309) of which its jewel in the form of RHB Bank attracted n [...]
August 16th, 2007 by financetwitter
Asian stocks tumbled today, Thursday, heading for their biggest daily fall since the attacks on the United States in September 2001, as persistent fears about a global credit squeeze sapped investor appetite for risky assets. The latest scare was set off by worries that Countrywide Financial, the la [...]
August 16th, 2007 by financetwitter
The plan and proposal by the Securities Commission (SC) to introduce new rules that will make it mandatory for companies to choose from a select group of accounting firms when they submit rescue plans and initial public offerings (IPOs) would be a positive move to instill confidence lost from the re [...]
August 15th, 2007 by financetwitter
Sometimes thing will never change for the better if the cancer-cells never removed. Worst still when a national-status company couldn’t recognize the basic flaw in its designing methodology and production. Days before the country’s 50th Independence celebration, Proton Holdings Bhd (KLSE: PROTON [...]
August 14th, 2007 by financetwitter
Stocks which originally were lifted in early trading on government data that indicated that inflation remains in check couldn't sustain the fears spread across the investors in Wall Street. In mid afternoon trading, the Dow Jones industrial average fell 179.73, or 1.36 percent, to 13,056.80. The Sta [...]
August 14th, 2007 by financetwitter
Please allow FinanceTwitter to stop blogging about making money investing stocks and option trading for some minutes as a small way to extend our condolences to the families in the “worst ever” road accident in the history of Malaysia in which 20 people were killed while nine others injured.As u [...]
August 14th, 2007 by financetwitter
What had happened last Friday was indeed an amazing but the Malaysian authorities should put in a better framework to prevent it from happening again. Everyone was wondering what actually happen when the big block of Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) shares changed hands at RM1 [...]
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