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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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January 13th, 2022 by financetwitter
Defiant MACC (Malaysian Anti-Corruption Commission) Chief Commissioner Azam Baki has decided to dig his heels in, refusing to take garden leave, let alone resigning amid his corruption scandal over the purchase of millions of shares in the stock market. Worse, he actually believed that he was so pow [...]
January 11th, 2022 by financetwitter
It may sound like Megatron - the villain and the supreme leader of the Decepticons, a faction of warmongering Transformers who seek to conquer their home planet of Cybertron, and the rest of the universe. But "Deltacron", a Covid-19 new variant that possessed characteristics of Delta and Omicron var [...]
January 11th, 2022 by financetwitter
When saving for your retirement, you might want to consider opening an individual retirement account (IRA). Compared with, say, 401k pension plans (read more), retirement savings accounts for employees, IRA will also let you invest, but with more extensive options for investment vehicles ranging fro [...]
January 9th, 2022 by financetwitter
The field and demand for registered nurses with advanced practice are growing by the day. An increase projection of 52% is stated to occur between 2020 and 2030. As a result of the phenomenal growth of this healthcare profession, many nurses are considering getting a master’s degree. It might inte [...]
January 7th, 2022 by financetwitter
MACC's (Malaysian Anti-Corruption Commission) Chief - Azam Baki - should have learned from former Prime Minister Najib Razak that a lie would need 10 more lies to cover-up. Mr "Pink Lips Najib" was a great liar, probably the best liar the country has ever produced. Still, the compulsive liar failed [...]
January 5th, 2022 by financetwitter
We had warned back in 2020 the consequences of dipping into KWSP / EPF retirement funds during the Covid-19 pandemic. Its contributors should reject any proposal to use their own retirement funds - prematurely. However, as many as 7 million members had chosen to withdraw their own savings from vario [...]
January 4th, 2022 by financetwitter
On Christmas Eve, former Soviet leader Mikhail Gorbachev said that the United States grew "arrogant and self-confident" after the collapse of the Soviet Union, leading to the expansion of the NATO military alliance. Russian president Vladimir Putin, who once called the humiliating collapse "the grea [...]
December 31st, 2021 by financetwitter
When Barisan Nasional coalition, which had ruled for 61 years since independence in 1957, was defeated in the May 2018 General Election, Malaysia became worse. This is due to the new alliance between Malay ultras (UMNO) and Muslim extremists (PAS) who joined forces to undermine the democratically-el [...]
December 30th, 2021 by financetwitter
The Ria Money Transfer App offers you one of the most simple and easy-to-use interfaces, allowing you to make a transfer with a single click. Available in the United States and Canada, the app saves you a lot of hassle and time; you can make all the international transactions you want without ever h [...]
December 29th, 2021 by financetwitter
Donations and charities have often been misused and abused by certain individuals and organizations to do bad things like money laundering, tax evasion, tax fraud and whatnot. Just ask former Prime Minister Ahmad Zahid Hamidi how his families hid behind charity foundation Yayasan Akalbudi and used [...]
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