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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 5th, 2007 by financetwitter
After a decade of maturing process, internet seems to start the learning process of understanding your environment, culture and lifestyle. Recently Yahoo (Nasdaq: YHOO, stock) launched OurCity which is still in Beta. Surprisingly it started with a country which is booming with I.T. (information tech [...]
February 4th, 2007 by financetwitter
Jackson Loy, assistant director for communications for Resorts World Sentosa, referring to earlier reports that Genting was planning to allow Ho to gain a stake in the Singapore development in return for a foothold in the booming Macau casino market said Macau casino tycoon Stanley Ho will not have [...]
February 4th, 2007 by financetwitter
Last Friday, Feb-2-2007, marked the historical moment in Malaysia as the local bourse, Bursa Malaysia or popularly known as KLSE (Kuala Lumpur Stock Exchange) Composite Index closed at 10-year high when it added 20.13 points or 1.69% to 1,209.48. The external factor which helped the KLCI was the Wal [...]
February 2nd, 2007 by financetwitter
I found out today FinanceTwitter has been assigned a PageRank after almost three months (a quarter) waiting for the ranking since the birth of FinanceTwitter website. It could be assigned earlier this month but I have not checked it since. According to Wikipedia, PageRank is a link analysis algorith [...]
February 2nd, 2007 by financetwitter
I’m getting ready to take money off the tables on some other option positions previously opened. Not that I’m greedy, but my profit target has not been reached on these fundamental stocks. Let’s begin with Caterpillar Inc.I mentioned I was still researching Caterpillar Inc. (NYSE: CAT, stock) [...]
February 2nd, 2007 by financetwitter
Cognizant Technology Solutions Corp. (Nasdaq: CTSH, stock) will announce its’ fourth-quarter earnings next Monday, Feb-5-2007, before market opening. Cognizant Technology Solutions Corporation (Cognizant) is a provider of custom information technology (IT) consulting and technology services, as we [...]
February 2nd, 2007 by financetwitter
I finally gave-up the crowded cyber-café and the slow bandwidth, instead I drove to the nearest Starbucks again (yeah, and another cup of latte) for the precious internet access. My own internet line is still down and my temper is about to erupt anytime now considering it’s been more than 48 hour [...]
February 2nd, 2007 by financetwitter
You must have realized by now that my blog FinanceTwitter has not been updated since two days ago. Reason being the fixed-phone line which is the gateway for my internet connection is out of order. Numerous reports have been made to customer service - it seems my area is affected by so-called cablin [...]
January 31st, 2007 by financetwitter
From the start, I do not think Rashid Hussain Bhd (KLSE : RHB, stock-code 1309) will have a smooth sailing in order to put its’ messy massive debts in place. Since the 1997 Asia Economy Crisis, most of Malaysian banks which were over-exposed to U.S. denominated debts drop like a dead-corpse. Utama [...]
January 31st, 2007 by financetwitter
My bet on SanDisk Corp. (Nasdaq: SNDK, stock) didn’t take off after the earning announcement today. Though the sales surge by 55%, it reported a loss due to massive charges related to its acquisition of Israeli flash memory maker M-Systems. Net loss for the forth-quarter was $35.1 million, or 17 c [...]
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