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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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December 8th, 2006 by financetwitter
There're different types of terms being created and used as a standard to measure the performance or to forecast the potential revenue of a specific business sector. Of course this depends on whether the underlying factors which affecting the business is tangible or not. For example in telecommunica [...]
December 8th, 2006 by financetwitter
The Genting International-Star Cruises consortium has aced the Sentosa integrated resort project. The result which was announced at a press conference earlier came as no surprise as analysts had picked Genting as a frontrunner right from the start. Genting International (SIN : G13), the internationa [...]
December 8th, 2006 by financetwitter
The Singapore Tourism Board said in a statement that the government would announce the successful bid at a media conference which will start at 5.30pm today, 8-Dec-2006. A panel of government ministers will award the 30-year concession to run the integrated resort based on criteria such as the touri [...]
December 8th, 2006 by financetwitter
Less than a month after the mega-merger of Kumpulan Guthrie Berhad (GUTHRIE : stock-code 3131), Sime Darby Berhad (SIME : stock-code 4197) and Golden Hope Plantations Berhad (GHOPE : stock-code 1953), the contender IOI Corp Berhad (IOICORP : stock-code 1961)started its' chess-move in order not to be [...]
December 8th, 2006 by financetwitter
Bursa Malaysia (KLSE) stocks' price seems to rely and carry more weight on foreign research to the extent that stocks will only perform when it's being mentioned by this firm. The latest being Kumpulan Guthrie Berhad (GUTHRIE : stock-code 3131), Sime Darby Berhad (SIME : stock-code 4197) and Golden [...]
December 7th, 2006 by financetwitter
Internet search giant Yahoo (Nasdaq : www.yahoo.com, quote)announced a management overhaul and an aggressive company restructuring with the appointment of chief financial officer Susan Decker in charge of ad sales but it wasn't enough to satisfy investors when the stock price took a dive of 2.1% yes [...]
December 6th, 2006 by financetwitter
Digital Lifestyle Outfitters (DLO) has introduced the HomeDock Pro and HomeDock Deluxe, which lets custom installers easily add the functionality of the popular Apple iPod (Nasdaq : AAPL, quote) into any home integration network leveraging on the industry standard connectivity (RS-232) and an easy t [...]
December 6th, 2006 by financetwitter
I used to dream of having a plane toy when I was a kid simply because of the huge size of this monster. The only toy then was the 747 with the Boeing logo sticker staring at me proudly. Boeing used to be the only player who monopolize the aerospace industry till the Airbus came into picture but it s [...]
December 6th, 2006 by financetwitter
On Dec. 5, New York City's Board of Health voted to ban the use of artery-clogging trans fats at all city restaurants, from local pizzerias to national chains to high-end hot spots. Restaurants will have to stop using frying oils with trans fats by July, 2007, and eliminate trans fats from all foods [...]
December 5th, 2006 by financetwitter
After closing today, Bursa Malaysia (KLCI) Composite Index recorded another high with volume above 1.5 billion. It makes one wonder if this trend will ever stop for a while to catch some breathesI haven't seen any major correction except on the 1 day negative reaction in response to the U.S. major i [...]
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