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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 16th, 2021 by financetwitter
Former backdoor Prime Minister Mahiaddin (glamour name: Muhyiddin) has officially resigned today (August 16). It's quite stunning that the day his backdoor Perikatan Nasional government collapse is also the same day Talibans captured Kabul, leading to the collapse of President Ashraf Ghani governmen [...]
August 15th, 2021 by financetwitter
Muhyiddin Yassin is set to resign on Monday during an audience with King Sultan Abdullah. After his too-little-too-late offers to the Opposition were flatly rejected without even a roundtable talk, it was game over for the 74-year-old prime minister, whose leadership has been plagued with the legiti [...]
August 14th, 2021 by financetwitter
If you run a business or an organization of any kind, you don’t need to be told that keeping your data safe is important. Along with preventing your data from being stolen, you also want to ensure that it’s available and has not been compromised.
That’s why you need to prioritize [...]
August 13th, 2021 by financetwitter
The emergence of a letter from House Speaker "Art Harun" Azhar Azizan Harun dated August 3 to the King Sultan Abdullah, informing the Palace that Prime Minister Muhyiddin Yassin had only support from 106 MPs, was the last straw that broke the camel's back. August 3 was the same Tuesday UMNO presiden [...]
August 11th, 2021 by financetwitter
First, 15 MPs from his own biggest ally - UMNO - withdrew support and abandoned him. Then, 105 Opposition MPs followed suit. Altogether, 120 letters were sent to the Palace, informing King Sultan Abdullah that 120 MPs have rejected the leadership of Prime Minister Mahiaddin alias Muhyiddin. The scor [...]
August 10th, 2021 by financetwitter
In many ways, Covid-19 vaccine manufactured by Moderna is very similar to the Pfizer vaccine. Both brands are based on genetic material called mRNA. The vaccine introduces the mRNA to the human body, triggering human cells to produce a "spike proteins". As a result of these proteins, the human body [...]
August 9th, 2021 by financetwitter
A record 360 people died on Sunday (August 8) due to Covid-19, bringing the death toll to 10,749. Daily cases increased by another 18,688, pushing the total infections to 1,262,540 since the pandemic began last year. But those numbers mean nothing to backdoor Prime Minister Muhyiddin, as he struggle [...]
August 8th, 2021 by financetwitter
Larry Page, co-founder of Google, has officially been granted New Zealand residency. The Ministry of Business, Innovation and Employment (MBIE) confirmed on Thursday that the world's sixth richest man has Kiwi residency, just 2 days the same ministry said - "Mr Page is not a permanent resident". Int [...]
August 6th, 2021 by financetwitter
Deputy Prime Minister Ismail Sabri Yaakob, probably thought he was doing his new boss - Prime Minister Muhyiddin Yassin - a great favour, has paraded some lawmakers today (August 6) to show support for the government. Mr Sabri said that 31 MPs from the UMNO-led Barisan Nasional (BN) coalition will c [...]
August 5th, 2021 by financetwitter
Under the clueless leadership of Mahiaddin alias Muhyiddin, Malaysia has broken more Coronavirus records today - 20,596 daily infections, a total 10,019 deaths, 217,061 active patients and 1,078 patients in ICUs (including 549 who required ventilators). The total cumulative Covid-19 cases have jumpe [...]
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