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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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May 31st, 2007 by financetwitter
Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000), the cargo carrier whose shareholders include Malaysia's richest man Robert Kuok may have overstated its consolidated revenues by US$157 million dollars (RM 530 million) over the past two years – such was the statement to the stock exchange w [...]
May 30th, 2007 by financetwitter
TIFFANY & CO (NYSE: TIF, stock) is set to announce its’ earning on Thursday, May-31-2007 before market open. The Company is engaged in product design, manufacturing and retailing activities. Tiffany offers a selection of TIFFANY & CO. brand jewelry at a range of prices. In addition to jewe [...]
May 30th, 2007 by financetwitter
Robert Zoellick, a Goldman Sachs executive who has built contacts around the globe as President Bush's trade chief and as the country's No. 2 diplomat, is the White House's choice to be the next World Bank president. AP reported that Bush was to announce the decision Wednesday, according to a senior [...]
May 30th, 2007 by financetwitter
As expected, Lina Joy lost her final round of appeal when the Federal Court dismissed on Wednesday her appeal against a ruling that the National Registration Department was right not to allow her to remove the word "Islam" from her identity card. On Sept 19, 2005, the Court of Appeal decided that th [...]
May 29th, 2007 by financetwitter
Finally the unstoppable online search and advertising giant Google Inc. (Nasdaq: GOOG, stock) has been given the temporary road-block in the sense of an open preliminary antitrust investigation by the Federal Trade Commission into the former’s acquisition into the $3.1 billion acquisition of Doubl [...]
May 28th, 2007 by financetwitter
Last Friday I blogged about TOP 10 Things You Can Do With RM15,600, an open suggestion on what you can do with those 5-figure cash. One of the reasons I gave out the ten alternatives to readers is to plan well with the money gained (should you decide to let go of your Maxis shares) and to grow it in [...]
May 27th, 2007 by financetwitter
I’ve taken some time during the weekend to evaluate my blog design and positioning to make it better (of course you can chip in some suggestions if you want) from the eyes of my readers. Due to the fact that I’m running this blog on Google's (Nasdaq: GOOG, stock) Blogger platform I’m at their [...]
May 25th, 2007 by financetwitter
Malaysia's securities watchdog said Friday it raided the offices of major cargo carrier Transmile earlier this week to probe accounting irregularities. The Securities Commission said in a statement that it entered Transmile premises as it "is investigating Transmile for possible irregularities in th [...]
May 25th, 2007 by financetwitter
Supposing you’re holding Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) share now and has been cursing Ananda Krishnan for the low offer price for his ambitious privatization plan. Since then you’ve been dreaming It's RM15.60 for Your MAXIS Shares - Would You Sell? You couldn’t mak [...]
May 24th, 2007 by financetwitter
There’re basically two major announcement from the online search and advertisement giant Google Inc. (Nasdaq: GOOG, stock) today. First, the rumors about Google flexing its’ muscle to buy yet another company, Feedburner has been confirmeded – according to TechCrunch who picked up the news from [...]
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