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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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February 19th, 2007 by financetwitter
Last Thursday, Mesdaq-listed NasionCom Holdings Berhad (KLSE: NSCOM, stock-code 0073) was publicly reprimanded by the Malaysia SC (Securities Commission) for submitting inflated revenue figure in its fiscal 2005 financial statements, and was told to re-issue the accounts within a month. NasionCom ha [...]
February 15th, 2007 by financetwitter
Malaysia Stock Exchange records another impressive 10-year high-volume today, Feb-15-2007 after yesterday’s Valentine celebration. The continuous bull in U.S. stock market and the comment by Ben Bernanke definitely has helps the situation. Somehow I noticed penny stocks better known as second and [...]
February 15th, 2007 by financetwitter
Do you know what the main Hewlett-Packard Company’s (NYSE: HPQ, stock) business is? Or rather where does HP derives its’ revenue from? Most of us might think its’ personal computer, some say servers but the actual revenue contribution to HP is printers. Printers generate the bulk of its’ bil [...]
February 15th, 2007 by financetwitter
On Feb-14-2007, Ben Bernanke gave one of the best Valentine gift to everyone. He predicted that unemployment was likely to remain low over the next two years even as inflation declined slightly, giving Congress an upbeat view of the economy.With this comment, he suggested he is comfortable with curr [...]
February 14th, 2007 by financetwitter
Guess?, Inc. (NYSE: GES, stock) has confirmed to announce its’ earning today, Wednesday, Feb-14-2007, after market close. Guess? designs, markets, distributes and licenses a lifestyle collection of casual apparel and accessories for men, women and children. Its apparel is marketed under trademarks [...]
February 14th, 2007 by financetwitter
Citigroup Inc (NYSE: C, stock) is selling its red umbrella logo to the St. Paul Travelers Companies (NYSE: STA, stock), an insurance company. Citigroup would tie its businesses together under the Citi brand, with a simple stylized arc over its name. Starting next quarter, its various businesses will [...]
February 14th, 2007 by financetwitter
Don’t you disturbed when you read that a government is venturing into business instead of focusing in politic – the area which they were elected by the voters to perform? That’s the headline from Business Times when it carry the report that Umno Set To Surface In PECD. According to the report, [...]
February 14th, 2007 by financetwitter
Inspired by how "Superman Li Ka-shing Has Done It Again", I decided to take money off the table by locking-in my profits since I have quite a number of opened positions which are profitable. I know I’m not Li – he’s a property tycoon while I merely investing in stocks and trading option to mak [...]
February 13th, 2007 by financetwitter
NVIDIA Corporation (Nasdaq: NVDA, stock) will announce its’ earning today, Feb-13-2007 after the market close. NVIDIA designs, develops and markets graphics processing units (GPUs), media and communications processors (MCPs), wireless media processors (WMPs) and related software. The Company's pro [...]
February 13th, 2007 by financetwitter
Measat-3 satellite was launched back in Dec-2006 with lots of “ooh” and “wah” from 50 Malaysians gathered at the Proton Club – some 8 kilometers from the launch pad of Baikonur Cosmodrome, Kazakhstan. The Malaysian group was led by Science, Technology and Innovation Minister Dr Jamaluddin [...]
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