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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 11th, 2007 by financetwitter
It’s a known-fact in the industry that Apple is legendary when come to safeguards new product announcements. It sure isn’t an easy task to keep secret about iPhone for 30 months from friends and close family members but Apple has its’ own proprietary cultures and policies to the envy of Pentag [...]
January 11th, 2007 by financetwitter
AirAsia reported that more than 12% of its' 1,000,000 FREE SEATS have been snapped up within 12 hours the promotion started. AirAsia Berhad executive vice-president of commercial Kathleen Tan described the response as “massive” with the website’s network usage capacity jumped to 90% from norma [...]
January 11th, 2007 by financetwitter
A day after Steve Jobs received thunderous applause for releasing the much-hype iPhone at MacWorld, Cisco smile at the face of Steve and said "Steve, your iPhone is very excisting but Steve, your Apple is SUED".My previous blog mentioned how I thought Apple Computer’s (Nasdaq : AAPL, stock) should [...]
January 10th, 2007 by financetwitter
I believe there’s problem with Google’s blogger site today when I couldn’t get connected to it almost the whole day. So it took me hours before I can blog about the most exciting event which happened last night at San Francisco.At last, Apple (or rather Steve Jobs) reveals the rumored iPhone a [...]
January 9th, 2007 by financetwitter
Finally Mahathir Mohamad, the former Prime Minister of Malaysia admitted the government (during his time) have erred in signing the toll concession agreements and urged the present administration to be more careful before agreeing to toll hikes. He also urged the toll concession companies to be open [...]
January 9th, 2007 by financetwitter
Low-fare airline AirAsia Berhad (KLSE : AIRASIA, 5099) is kicking off its biggest regional marketing campaign which offers one million FREE seats since the previous campaign back in 2005. The free seats, available for online booking, are for all its six hubs, mainly in Malaysia (Kuala Lumpur, Kota K [...]
January 9th, 2007 by financetwitter
If today's financial reported by TheStar on "More FDIs from Gulf countries" is any indicator to goes by, this piece of news will definitely a "strong hint" that Kuwait Finance House ( KFH ) is very close in signing the agreement to buy over the 32.8% stake in financial supermarket, Rashid Hussain Bh [...]
January 9th, 2007 by financetwitter
This week will see tech-giants flexing their muscles to gain attention after a week of New-Year celebration. Two technology conferences, each in Las Vegas and San Francisco will be the battle locations. CEOs of Microsoft Corporation (Nasdaq : MSFT, stock), Motorola (NYSE : MOT, stock), Hewlett-Packa [...]
January 8th, 2007 by financetwitter
Supposing you're trading option online (meaning you trade via internet) in the U.S. market from your comfort home in Malaysia, have made profits and would like to transfer some of your money back to your account in Malaysia. Either it's for living expenses, luxury spending, re-invest into Malaysia s [...]
January 7th, 2007 by financetwitter
If you've been using Google (Nasdaq : GOOG, quote) as your preferred search engine, you can't miss the different artistic design of the Google logo every now and then in celebration of certain festival such as Christmas, Independence Day or even Chinese Lunar New Year. And if you got the chance to v [...]
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