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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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August 23rd, 2022 by financetwitter
All 11 sectors in the S&P 500 were in the red on Monday (Aug 22) with a whopping 480 stocks in red and just 23 in green. The Standard and Poor's 500 lost 2.14% - biggest drop since June 28. The Dow Jones Industrial Average plunged 643.13 points, while the Nasdaq Composite tumbled 2.55% - the wor [...]
August 21st, 2022 by financetwitter
Abdul Hadi Awang, president of Islamist party PAS, has revealed yet another mind-blowing theory - the root cause of corruption was not the fault of Malays, but the non-Malays. With his brilliant twisted formula, he has basically legitimized corruption for ethnic Malay. Now, Malays do not need to fee [...]
August 19th, 2022 by financetwitter
Will the people finally get to see the country's biggest crook wear the iconic orange jumpsuit before the Christmas? Will the five-member bench Federal Court led by Tengku Maimun, the country's first Chief Justice, unanimously upheld the guilty verdict on former Prime Minister Najib Razak? Will the [...]
August 19th, 2022 by financetwitter
Whether you are a beginner or an experienced trader, there are always new things to learn about the markets. In this article, we will share with you 8 trading tips that we think will be particularly useful for traders of all levels. It's always a good idea to brush up on your trading knowledge, so l [...]
August 18th, 2022 by financetwitter
Since the 1988 Malaysia Constitutional Crisis (also known as the 1988 Judicial Crisis), which ended with the suspension and the eventual removal of Lord President of the Supreme Court Salleh Abas, the country's judiciary system has become UMNO playground. Mahathir Mohamad, the prime minister who d [...]
August 17th, 2022 by financetwitter
Last month, the People's Liberation Army Navy (PLAN) formally commissioned a new submarine to be deployed to China's East Sea Fleet. The sub has raised eyebrows due to its strange design - a distinctive new conning tower or sail. Instead of being streamlined to improve water flow like more designs, [...]
August 16th, 2022 by financetwitter
Malaysia's Judicial system will be a laughing stock if former Prime Minister Najib Razak is acquitted in his final appeal in the Federal Court for corruption. All hell will break loose if the same judiciary later finds opposition figure Lim Guan Eng guilty of his current ongoing corruption trial. Ca [...]
August 15th, 2022 by financetwitter
When Joe Biden stepped on the Saudi soil last month (July 2022), the U.S. president knew he would receive a low-key reception. He had no choice but to visit the oil-rich kingdom. He can't blame anyone except himself for a declaration of war against Saudi when he was a presidential candidate. Biden d [...]
August 14th, 2022 by financetwitter
Najib Razak, the disgraced son of Malaysia's second Prime Minister Abdul Razak, has started to panic over the scandal involving LCS (Littoral Combat Ship). After close to 10 years since the project took off, none of the six warships, worth a staggering RM9 billion, has been delivered. Worse, despite [...]
August 12th, 2022 by financetwitter
Injuries are common and they can be caused by different things. For instance, you can get hurt at work, in a road accident, slip and fall, or even get bitten by a stray dog. An injury can affect your physical, mental, and emotional health. It also takes a toll on your finances. If you are injured as [...]
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