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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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March 28th, 2007 by financetwitter
Oil prices rose by more than $1 a barrel Wednesday but were still below an earlier spike of more than $5 on rumors - denied by the U.S. military - that Iran had fired a missile at a U.S. ship in the Persian Gulf.Rumors about a military confrontation spurred panic buying in after-hours trading Tuesda [...]
March 27th, 2007 by financetwitter
PSC Industries Bhd (PSCI) aims to return to the black for the year ending Dec 31, 2008, said executive deputy chairman Datuk Seri Ahmad Ramli Mohd Nor. PSCI recorded a net loss of RM93.7mil for 2006 versus RM533.5mil in 2005, while revenue fell to RM76.8mil from RM170.96mil previously. “We are wor [...]
March 26th, 2007 by financetwitter
EdgeDaily reported today how Bank Negara (Central Bank) Malaysia is getting smarter nowadays (or fear of losing more due to liberalization?) to prevent investors from by-passing capital control measures and take their monies out of the country by selling their stakes in Malaysian entities through sw [...]
March 25th, 2007 by financetwitter
One of the readers of FinanceTwitter wrote to me recently to ask how to get historical data of Malaysian stock market, for example Genting Berhad’s (KLSE: GENTING, stock-code 3182) 10-years past data. The data requested should include stock price, share split, dividends and so on. Wouldn’t it be [...]
March 25th, 2007 by financetwitter
Portugal was set to return Macao to China control after more than 440 years of colonial rule in 1999 but before the China could do so, rival gangs fought for control of the V.I.P rooms. Even official working for Stanley was murdered and a senior Portuguese official who tried to calm thing down was s [...]
March 25th, 2007 by financetwitter
In the shape of a soaring lotus flower, the new Grand Lisboa opened recently is the crown jewel of a casino empire controlled by Stanley Ho, the 85-year old billionaire who had held the “Asia’s Las Vegas”, Macau’s (Macao) only gambling license for 40 years. The opening of Grand Lisboa attrac [...]
March 24th, 2007 by financetwitter
During an interview with CNBC late Friday, Malaysian Prime Minister was quated as saying that the brand name “Proton” will not be wiped out amid negotiations on a possible merger with foreign partners. Abdullah stressed “We cannot decide to forget the name Proton and to allow it to disappear � [...]
March 23rd, 2007 by financetwitter
So, the Malaysian government has finally abolished the real property gains tax (RPGT) in the current not so robust economy. A big applause to them, not that they have any other choice if one was to look at the sluggish property market. This will definitely bring cheers to the industry players and lo [...]
March 22nd, 2007 by financetwitter
Malaysia's smallest mobile phone firm, DIGI.com Berhad (KLSE: DIGI, stock-code 6947) feels its balance sheet is under-geared and a capital repayment could be one way to restructure it, Chief Executive Morten Lundal said today. "Right now, we have too much cash and too little debt … Our balance she [...]
March 22nd, 2007 by financetwitter
The fund managers who were attending the “Invest Malaysia 2007” conference, which opened in Kuala Lumpur yesterday, hope to see more transparency and consistency in results, especially from the blue-chip companies.Simon Chan, investment director of the Hong Kong- based BNP Paribas Asset Manageme [...]
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