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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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November 22nd, 2022 by financetwitter
Muhyiddin Yassin knew his scam didn't work when Anwar Ibrahim was also invited to the Palace to meet Yang di-Pertuan Agong (King) today (Nov 22), the third day after the 15th General Election that has produced a hung Parliament. In Feb 2020, he managed to cheat his way to become the 8th Prime Minist [...]
November 21st, 2022 by financetwitter
Utusan Malaysia reported on Sunday (Nov 20) that all 29 Barisan Nasional MPs - except UMNO president Ahmad Zahid Hamidi - had signed statutory declarations (SDs) backing Muhyiddin Yassin as the 10th Prime Minister. The news was then published by other media, especially MCA-owned "The Star" as part o [...]
November 20th, 2022 by financetwitter
Malaysia is plunged into unchartered water after the 15th General Election. For the first time in history, the country is facing a hung parliament. As expected, opposition Pakatan Harapan has emerged as the single biggest bloc, winning 82 of the total 222 parliamentary seats. Widely believed to be a [...]
November 18th, 2022 by financetwitter
When the democratically-elected Pakatan Harapan (PH) government was toppled after just 22 months in power in March 2020, some conservative Malays were extremely excited. They did not think it was wrong that a Malay leader like Mahiaddin Yassin had betrayed friends and allies. The obsession for a "Ma [...]
November 18th, 2022 by financetwitter
With less than 24 hours before the polling day on Saturday (Nov 19), signs are showing that opposition Pakatan Harapan (PH) could spring a surprise victory in the 15th General Election. Based on the size of its mega "ceramah (campaign speech) programme" compared to opponents Barisan Nasional (BN) an [...]
November 16th, 2022 by financetwitter
As Russian forces fired at least 85 missiles across Ukrainian cities, a missile hit the village of Przewodów, Poland, killing 2 people and forced Biden to convene an emergency meeting on the final day of the Group of 20 (G-20) meeting in Indonesia. The U.S. president, who was awakened overnight by [...]
November 15th, 2022 by financetwitter
If you want to roll over your IRA into a gold IRA, you'll need to do some research. Read through the website, and then contact a representative to talk about your options. Make sure you choose a company with solid expertise and superior service. A gold IRA can be a good way to diversify your portfol [...]
November 14th, 2022 by financetwitter
Barisan Nasional (BN), under the leadership of Zahid Hamidi, is in deep trouble the moment Prime Minister Ismail Sabri was pressured to hijack King Sultan Abdullah for an unscheduled meeting. Disappointed, the monarch granted the request to dissolve the Parliament, paving the way for the 15th Genera [...]
November 13th, 2022 by financetwitter
Unable to convince voters, even among Malay-Muslim voters, that Perikatan Nasional (PN) could manage the economy, PAS has started playing racial and religious issues. Desperate for votes, the radical party - riding on Islam platform - had warned Malaysian voters that they would "go to hell" if they [...]
November 11th, 2022 by financetwitter
Wee Ka Siong, MCA president and Transport Minister, was nowhere to be found when the service of Light Rail Trains (LRT) was crippled on Tuesday (Nov 8). The worst service interruption in the history of LRT since its operations started in 1996 had knocked out 16 stations. As chaos erupted in the Klan [...]
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