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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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June 17th, 2007 by financetwitter
Regular readers of this blog should have notice some minor changes to the design (or rather repositioning) particularly the header and the logo (if you can call it logo at the first place) which I made yesterday. The minor facelift is to improve and simplify the header in order not to clutter it. I [...]
June 15th, 2007 by financetwitter
This is what the Malaysia premier Abdullah Badawi envisages for 2057 - to see the nation achieve the unimaginable. He further added “But the more I think about 50 years of Merdeka, the more I start dreaming about what might be in another 50 years.” Abdullah said if Vision 2020 was about the foun [...]
June 15th, 2007 by financetwitter
Just a day after it bought the shares at a massive discount, Multi-Purpose Holdings Bhd (KLSE: MPHB, stock-code 3859) has sold a big block of shares in rubber glove maker Latexx Partners Bhd (KLSE: LATEXX, stock-code 7064). The block involved comprises 32.3 per cent stake at a slightly higher price [...]
June 15th, 2007 by financetwitter
The stings must have been too painful, so much so that the Malaysian government finally has to raise the bar for bumiputra contractors to be placed in the various classes following public outcry over shoddy workmanship and leakages in public buildings. Entrepreneur and Cooperative Development Minist [...]
June 14th, 2007 by financetwitter
China's Premier Wen Jiabao said monetary policy needs a "moderate tightening" to prevent the economy from overheating, Bloomberg said today. However he didn't say when the country will do so.The People's Bank of China has raised interest rates twice this year and ordered commercial lenders five time [...]
June 13th, 2007 by financetwitter
In a blow to Malaysia’s plan to develop another mega project, oil industry players have given only cautious approval to the multi-billion-dollar northern pipeline project, citing slowing oil demand in the Asian region and cost concerns, reported AFP. On completion in 2014, the pipeline will divert [...]
June 13th, 2007 by financetwitter
Wall Street plunged Tuesday as investors, driving the Dow Jones industrial average down nearly 130 points, grappled with a seemingly relentless rise in bond yields. The blue chip index is 381 points, or 2.8 percent, below its record close of 13,676.32, reached June 4. The Standard & Poor's 500 i [...]
June 12th, 2007 by financetwitter
TheStreet.com, a name synonym with Jim Cramer has announced the cancelation of the first round of its "Beat the Street" competition due to cheating. Although the financial news site did not disclose the tactics of the cheats, it said that all participants of the first contest could enter its next st [...]
June 12th, 2007 by financetwitter
It was a mission impossible for Malaysia second finance minister Nor Yakcop who traveled all the way to New York to ask for a credit rating increase, only to be turned down by Moody who maintains the country credit rating remains “constrained”. Malaysia, which has spent more than it brings in fo [...]
June 12th, 2007 by financetwitter
Well, what do you know, Apple Inc.’s (Nasdaq: AAPL, stock) dropped like a bomb-shell immediately after a so-called “underwhelming” presentation by Steve Jobs. CEO Steve Jobs opened the company's annual MacWorld developer conference on Monday in San Francisco and almost as soon as he left the s [...]
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