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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 16th, 2007 by financetwitter
comScore today released its monthly qSearch analysis of activity across competitive search engines. In December 2006, Google Sites (Nasdaq : GOOG, stock) captured 47.4 percent of the U.S. search market, gaining 0.4 share points from the previous month. Yahoo! Sites (Nasdaq : YHOO, stock) on the othe [...]
January 16th, 2007 by financetwitter
In a financial breaking news today, Malaysian Utama Banking Group Berhad (KLSE : UBG, stock-code 6831) agreed to sell its' 32.5% stake in Rashid Hussain Berhad (KLSE : RHB, stock-code 1309) to Kuwait Finance House ( KFH ) - confirming my suspicious when I blogged "Consider RHB SOLD to KFH".Meanwhile [...]
January 16th, 2007 by financetwitter
Since Apple Computer’s (Nasdaq : AAPL, stock) unveiled the much-awaited iPhone last week, Apple's fans have been attacked by the phenomenal of the great and cool looking icons. Bloggers all over the world have been blogging about this great product (I bet President Bush was himself envy with the h [...]
January 16th, 2007 by financetwitter
In a latest breaking financial news reported by Straits Times Singapore, Macau casino mogul Stanley Ho is in the process to buy a stake in Star Cruises, a cruise and gaming company controlled by Malaysia's Genting Group (KLSE : GENTING, stock-code 3182).It was reported that Stanley is invited to buy [...]
January 15th, 2007 by financetwitter
Genting Berhad (KLSE : GENTING, stock-code 3182) and its subsidiary Resorts World Berhad (KLSE : RESORTS, stock-code 4715), whose share prices have gained in recent months, have proposed a share split of their 50 sen shares into five 10 sen shares each. Genting and Resorts World said today, 15-Jan-2 [...]
January 15th, 2007 by financetwitter
Stock price of Malaysian auto maker Proton Holdings Bhd (KLSE : PROTON, stock-code : 5304) jumped 10 percent to a 13-month high today, Monday 15-Jan-2007, after a newspaper reported U.S. car giant General Motors Corp. (NYSE : GM, stock) planned to bid for Proton at a 56 percent premium to its market [...]
January 15th, 2007 by financetwitter
Major ground testing has wrapped up for the Airborne Laser, the Pentagon's long-in-development antimissile weapon that will enable a jumbo jet packed with gear designed to shoot down enemy missiles half a world away, at the speed of light. Next phase: Testing the lasers in flight. "Today we are taki [...]
January 15th, 2007 by financetwitter
Donald Trump might be one of the tycoons who have appeared in dozens of TV shows – The Today Show, The O'Reilly Factor, Access Hollywood, Larry King Live, David Letterman. But most of us know him through the Apprentice – so successful that the show enter its' sixth season which was launched on N [...]
January 12th, 2007 by financetwitter
Are you frustrated because after years since Internet was created, the basic information such as real-time stocks quote are still a rare animal in this kingdom? Today, if you wish to have real-time quotes, chances are you need to subscribe to their service(s) which will impose some sort of charges. [...]
January 12th, 2007 by financetwitter
Telecommunications landscape in Malaysia is pretty stagnant, both in terms of subscribers' growth as well as technology changes (or rather innovation). Telekom Malaysia (TM : stock-code 4863), Time DotCom Berhad (TIMECOM : stock-code 5031), Maxis Communications (MAXIS : stock-code 5051) and the blac [...]
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