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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 19th, 2007 by financetwitter
iPhone is everybody's dream-gadget (including me) - it's cool, it's great, it's innovative, it's all-in-one, it's fantastic and it's just gorgeous. But it's abit pricey, compare with other smart-phone and it won't be available till June-2007. According to Silicon Valley market research firm iSuppli [...]
January 19th, 2007 by financetwitter
Would you mind if you can make a FREE call for directory assistance but in return you need to listen to an short audio advertisement before that? Most of us won't as human has the perception of wanting everything free. If you call for pizza for example, you might get a 10-second sales pitch about Do [...]
January 19th, 2007 by financetwitter
The nightmare started again with Apple Inc (Nasdaq: AAPL, stock) after the earning announcement on Wed, 17-Jan-2007 after the bell. It beats estimated earnings all right, just like what I predicted but as what I blogged earlier, my concern were related to the possible of not-so-nice figure that Appl [...]
January 18th, 2007 by financetwitter
So, the rumors about the possible hiccup is confirmed on the merger of Malaysia newspaper publishers The New Straits Times Press Berhad (KLSE: NSTP, stock-code 3999) and Utusan Melayu (Malaysia) Berhad (UTUSAN : stock-code 5754) when NST announced both parties have scrapped a plan to merge.Both comp [...]
January 18th, 2007 by financetwitter
The New Straits Times Press Berhad (KLSE: NSTP, stock-code 3999), the country's oldest newspaper group, had filed suits against two bloggers, Ahirudin Attan and Jeff Ooi, for defamation over numerous postings in their respective blogs attacking top company officials today - according to Reuters news [...]
January 17th, 2007 by financetwitter
Do you feel frustrated every time you want to make cheque payment for your credit-card, be it on monthly or ad-hoc basis? Either you have difficulty finding a free parking or you're being forced to park at places where you need to pay parking-fees when in fact the process of dropping the cheque take [...]
January 17th, 2007 by financetwitter
When there're known reasons why oil price went up to above $70 per barrel not long ago, everyone understand. All the analysts, investors and even governments justify in their speeches that China consumed energy as if it was drinking mineral water, oil production was at its peak and will take months [...]
January 17th, 2007 by financetwitter
I gave up. Nope, I didn't mean investing stocks or option trading. I meant the excitement and the volatility of Apple Inc (Nasdaq : AAPL, stock) stock since its' launching of iPhone. Remember when I mentioned I invested 5 contracts of April 2007 85.0 Call Option in my previous blog iPhone Definitely [...]
January 17th, 2007 by financetwitter
That's the headline from Business Times today, when Sime Darby Bhd (KLSE: SIME, stock-code 4197) is said to have won the contract worth USD 4.3 billion to erect undersea submarine power cables linking Sarawak's Bakun hydroelectric dam to Peninsular Malaysia. The cables would take power from the 2,40 [...]
January 16th, 2007 by financetwitter
The earning season is here again and it's time to make money investing stocks or trading option (depending on your trading strategy). Apple Inc. (Nasdaq : AAPL, stock) will be releasing its’ earning tomorrow, Wednesday 17-Jan-2007, after the bell. I don't think this stock need any more introductio [...]
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