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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 10th, 2022 by financetwitter
Desktop trading platforms are still popular, and traders are unlikely to abandon them soon. But times are changing, and it is more important than ever for an investor to respond quickly to all opportunities, take advantage of opportunities and chances, and not lose any perspective. That is why it is [...]
November 9th, 2022 by financetwitter
Khairy Jamaluddin has insisted that Ismail Sabri is still UMNO-led Barisan Nasional's prime ministerial candidate. What do you expect the health minister to say? Do you expect him to honestly spill the beans and reveal that the turtle-egg man was already "game over" the moment the un-elected backdoo [...]
November 7th, 2022 by financetwitter
Pakatan Harapan coalition, comprising PKR, DAP, Amanah and UPKO, is in full steam ahead with its election campaign - leaving rivals behind in the dust. Apparently, the top leadership, based on surveys using sophisticated big data, believes they currently have between 80-90 parliamentary seats in its [...]
November 6th, 2022 by financetwitter
Sheikh Umar Bagharib Ali is a Malay-Muslim. But because he is contesting under the Democratic Action Party (DAP) ticket in the 15th General Election, which is about 2 weeks away, he was insulted as a "Chinese dog" by rival Barisan Nasional (BN) supporters. Make no mistake, those BN minions were sent [...]
November 5th, 2022 by financetwitter
German Chancellor Olaf Scholz's official visit to Beijing on Friday (Nov 4) marked the first time a leader of the Group of Seven (G7) nations rubbed shoulders with Chinese President Xi Jinping after the 20th National Congress of the Communist Party. His arrival was also the first by a leader of the [...]
November 4th, 2022 by financetwitter
History will record how opposition Pakatan Harapan stunningly defeated the ruling Barisan Nasional (BN) government in the 2018 General Election. For the first time in history, the corrupt UMNO-led BN coalition lost power after 61 years of one-party rule. And for the first time in history, a former p [...]
November 2nd, 2022 by financetwitter
Next month's polls will be the second time the general election is being held during the monsoon season. The last time it was held in November was in 1999. At that time, Prime Minister Mahathir Mohamad deliberately called an early election to coincide with the rainy season to discourage Malays, ange [...]
October 31st, 2022 by financetwitter
After the Nord Stream gas pipeline was blown up last month (Sept 26), questions have been raised over who did it. Both the West and Russia agreed it was sabotage, which means it was not an accident. It was a pre-planned terrorist attack to permanently terminate any hope of Europe going back for Russ [...]
October 30th, 2022 by financetwitter
Karma - that's the short answer to describe the internal crisis plaguing Parti Bangsa Malaysia (PBM or Malaysian Nation Party). The long answer - you live by the sword, you die by the sword. There's no honour among thieves, let alone traitors who are trying to butcher each other trying to take over [...]
October 29th, 2022 by financetwitter
Liow Tiong Lai, the 10th President of the Malaysian Chinese Association (MCA) from 2013 to 2018, has started attacking bitter rival Democratic Action Party (DAP) as the 15th General Election is going full steam. The ex-MCA chief is making a comeback to contest Bentong parliamentary seat, which he [...]
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