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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 13th, 2007 by financetwitter
Superman Li has done it again. Billionaire Li Ka-shing has just pocketed a huge profit from the sale of a controlling stake in Indian mobile carrier Hutchison Essar Limited to Vodafone Group Ltd (NYSE: VOD) for US$ 11 billion (his investment was said to be only US$2 billion). 78-year-old Li has the [...]
February 12th, 2007 by financetwitter
Priceline.com Incorporated (Nasdaq: PCLN, stock) is set to announce its’ earning today, Feb-12-2007 after the market close. Priceline.com Incorporated (priceline.com) is an online travel company that offers its customers a range of travel services, including the opportunity to purchase airline tic [...]
February 12th, 2007 by financetwitter
I’ve asked this question before and I’m going to ask you again. Did you make money from the current so-called bull-run in Kuala Lumpur Stock Exchange? And I meant lots of money, not just a couple of hundreds from your thousands of ringgit portfolio. Or maybe I should ask from the other angle – [...]
February 11th, 2007 by financetwitter
It’s confirmed that Singapore’s casino regulators are seeking “clarification” from Genting Group (KLSE: GENTING, stock-code 3182 over its links with Macau casino tycoon Stanley Ho – according to the Star. I think that’s a strong statement to make when Stanley was said to be connected to [...]
February 11th, 2007 by financetwitter
Malaysia Government seems (on the surface) to have started some sort of liberalization, at least at the financial sector level, looking at the corporate landscape changes recently. Australia and New Zealand Banking Group Ltd (ASX: ANZ) gained entry into AMMB Holdings Berhad (KLSE: AMMB : stock-code [...]
February 9th, 2007 by financetwitter
Fancy staying in a five-star hotel but only want to pay peanuts? Then head straight to Tune Hotels.Com and pay as low as RM 9.99++ to RM 59.99++ per night. Tune Hotels.Com with its' flagship hotel located next to Maju Junction (intersection of Jalan Sultan Ismail and Jalan Tuanku Abdul Rahman) in Ku [...]
February 9th, 2007 by financetwitter
Option Trading can be fun and relatively easy to make money if you did your research well and apply a simple technique. Well, maybe the word technique is over-used – perhaps I’ll call it check-list condition. It’s of paramount important that you have “TIME-VALUE” on your side – without w [...]
February 9th, 2007 by financetwitter
The Malaysian billionaire, Quek Leng Chan is synonym with Hong Leong Bank Berhad (KLSE: HLBANK, stock-code 5819), one of the remaining Chinese-owned banks in Malaysia after banking consolidation initiative pushed by the Malaysian government 10-years ago. Unlike other banks which need bail-out from t [...]
February 8th, 2007 by financetwitter
Digital River Inc. (Nasdaq: DRIV, stock) is set to announce its’ earning today, Feb-8-2007, after market close. Digital River) provides outsourced e-commerce solutions globally to a variety of companies primarily in the software and high-tech products markets. The Company's services include online [...]
February 8th, 2007 by financetwitter
When Google Inc. (Nasdaq: GOOG, stock) acquired YouTube for $ 1.65 billion recently, everyone look at the two founders with envy. Who won’t consider the company was less than two years old during the take-over announcement? But do you know there’re actually three founders who destined to create [...]
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