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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 11th, 2022 by financetwitter
Donald Trump's Mar-a-Lago resort was raided by the FBI on Monday (Aug 8). About 30 heavily armed officers carried out the operation as if Trump was Chicago mobster Al-Capone. The stunning raid was related to the Justice Department's inquiry about Trump's handling of classified material. The timing o [...]
August 10th, 2022 by financetwitter
Whether you are a private contractor or the owner of a construction company, contractor’s insurance is absolutely essential. Without contractors' insurance, you won’t be able to effectively protect yourself and your staff against the financial costs associated with accidents.
Workpl [...]
August 9th, 2022 by financetwitter
Zumwalt-class stealth destroyer from the United States and Chinese Type 055 stealth guided destroyer might be invisible and undetectable. But both ships are no match for Malaysia LCS (Littoral Combat Ship). None of the six warships, worth a staggering RM9 billion, can be detected since 2013 until to [...]
August 6th, 2022 by financetwitter
Singapore Prime Minister Lee Hsien Loong, Malaysia Prime Minister Ismail Sabri and Taiwan President Tsai Ing-wen all had met with Nancy Pelosi during the U.S. House Speaker's Asia Tour. But when Pelosi, second in line to the presidency, arrived in South Korea, the country's president - Yoon Suk-yeol [...]
August 4th, 2022 by financetwitter
Who the hell is China to tell the United States, the strongest and mightiest nation in the world, which country it can or cannot visit? That was basically the provocative and arrogant statement issued by both Republican and Democrats politicians. Adding fuel to the fire, news media like CNN and Fox [...]
August 2nd, 2022 by financetwitter
Salam is a common way of greeting among Malay-Muslims in Malaysia. In fact, it's a Malay culture that children kiss the hands of their parents every morning. Likewise, a wife will kiss the hand of her husband before going to work. Even the non-Malay might be shocked when a cute little 5-year-old kid [...]
August 1st, 2022 by financetwitter
Today, forex trading is very easy because accessing markets, information, and executing trades can be done through your mobile phone. If you have an internet connection and a device to access the internet through, you can trade any kind of currency from anywhere in the world. Trading, in general, is [...]
July 31st, 2022 by financetwitter
Former President Donald Trump once told a Republican Senator - "Taiwan is like two feet from China. We are 8,000 miles away. If they invade, there isn't a fucking thing we can do about it". The senator, who was trying to convince Trump to do everything possible in his power to persuade China not to [...]
July 29th, 2022 by financetwitter
Officially, the National Bureau of Economic Research says a "technical recession" has hit the United States. The world's largest economy had already declined by 1.6% in the first quarter - January to March, 2022. Now, the latest data unleashed on Thursday (July 28) shows the country's economy contra [...]
July 27th, 2022 by financetwitter
Former PM Najib Razak used to brag that he would never seek to have his criminal cases dropped, but instead want to clear his name in the courts. His so-called hotshot lawyer Shafee Abdullah previously said Mr Najib wanted to get acquittal through the court process. Of course, in reality, the serial [...]
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