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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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January 30th, 2007 by financetwitter
Flash memory maker SanDisk Corp. (Nasdaq: SNDK, stock) is set to announce its’ fourth-quarter earnings today, Tuesday Jan-30-2007, after the normal stock market hour. SanDisk Corp. obtained approval from M-Systems Flash Disk Pioneers Ltd. shareholders in November-2006 to go ahead with its $1.56 bi [...]
January 30th, 2007 by financetwitter
You’ll notice the 4 (four) new call-warrants being listed today in Bursa Malaysia (KLSE) which attached to listed companies of Bursa Malaysia Berhad (KLSE: BURSA, stock-code 1818), Genting Berhad (KLSE: GENTING, stock-code 3182), Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) and Tenag [...]
January 30th, 2007 by financetwitter
Malaysian media tycoon Tiong Hiew King is making a bid to merge his three Chinese-language publishing groups in Malaysia and Hong Kong to create one of the world's largest Chinese media conglomerates. The merger will combine Tiong's Sin Chew Media Corp. (KLSE: SINCHEW, stock-code 5090) and Nanyang P [...]
January 29th, 2007 by financetwitter
It seems Malaysian prime minister Badawi is a die-hard fan of Britney Spears and the song he loves so much is none other than "Oops I Did It Again". After the recent rumors of the prime minister buying a RM30 million yacht as reported by a newspaper in Turkey of which he denied, Reuters reported tha [...]
January 29th, 2007 by financetwitter
After Lingui Developments Berhad (KLSE: stock-code 2011) recent AGM (Annual General Meeting) back in Nov-2006, managing director Yaw Chee Ming told reporters that the company is getting ready to reap the profit from the pine plantation in its’ 35,000ha in New Zealand in another couple of years. He [...]
January 28th, 2007 by financetwitter
Now, if you are crazy about video so much that you must go to YouTube website numerous times per-day and you've uploaded your own original video before, you might be delighted to hear that you can now make money with your hobby. YouTube founder Chad Hurley confirmed to the BBC that his team was work [...]
January 27th, 2007 by financetwitter
The revolutionary iPhone introduced by Steve Jobs recently had created the talk of the year. Everyone from United States to Saudi Arabia to China to Nigeria to Fiji talked about this gadget either in the printing media, television, video or the internet. People were amazed, pretend-not-to-care, and [...]
January 27th, 2007 by financetwitter
Do you fancy having a smart-home just like Microsoft’s (Nasdaq: MSFT, stock) Bill and Melinda Gates’s in Medina, Washington? Instead of paying over $100 Million hiring the same contractor as Bill’s to do the same to your home, now you can have it for a mere $10 a month. If you’re staying in [...]
January 27th, 2007 by financetwitter
Rick Newman recently wrote about How to Compete in a Global Economy and how the global business is getting hotter each day as the world’s business slowly but surely enter the hole of globalization. American dominance in the business world is said to be fading, which I agreed looking at the emergen [...]
January 26th, 2007 by financetwitter
Firstly, I mentioned yesterday that Illumina, Inc. (Nasdaq: ILMN, stock) will announce its’ earning today, Friday Jan-26-2007 before market open but seems it was an unconfirmed date and Briefing noted Illumina has postponed it to Jan-30 before market but this date is still unconfirmed. Florida Roc [...]
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