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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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July 11th, 2021 by financetwitter
HMS Queen Elizabeth is not only the United Kingdom's latest aircraft carrier, but also the most expensive flagship in the British Royal Navy. Costing roughly £3 billion (US$4 billion) to build, the aircraft carrier made headlines in 2017 after a faulty shaft seal forced it to be sent back for repai [...]
July 9th, 2021 by financetwitter
It took hours of virtual meeting that began at 8.30pm on Wednesday (July 7) and stretched till the early hours of Thursday (July 8) for UMNO president Ahmad Zahid Hamidi to make a simple decision, which was actually long overdue. But the withdrawal of UMNO's support, which was half-baked itself, for [...]
July 8th, 2021 by financetwitter
Traders can’t avoid facing losing streaks. This means they need to take the steps to recover their loss. But, it’s not easy to get money back. To recover your losses, it’s necessary to improve your trading performances. Some traders try to take action immediately and so they face big problem [...]
July 8th, 2021 by financetwitter
Since the interest rates are definitely changing quite often and since they might have reached a sort of a low point recently, a lot of people have started thinking about refinancing their personal debts with the aim of getting some more advantageous terms and conditions. Given the fact that you are [...]
July 7th, 2021 by financetwitter
As UMNO president Ahmad Zahid Hamidi continues to drag his feet, undecided whether to quit the Perikatan Nasional coalition or not, Prime Minister Muhyiddin decisively throws some bigger candies to two UMNO warlords to further split and weaken the United Malays National Organization. The decision ca [...]
July 6th, 2021 by financetwitter
Using data of about 6,000 matches played since 1980, American investment bank Goldman Sachs has devised a probability model which predicts that England will win the Euro 2020. If the prediction comes true, it will be the "Three Lions" first major soccer tournament victory in 55 years since 1966. Eng [...]
July 5th, 2021 by financetwitter
As Prime Minister Muhyiddin continues his childish hide-and-seek game to cling to power, his boys are running around like a headless chicken - begging not to be booted. Having been hospitalized for diarrhoea since Wednesday (June 30), this Malaysian chief executive could break the Guinness World Rec [...]
July 3rd, 2021 by financetwitter
As China marked the 100th anniversary of the founding of the ruling Chinese Communist Party with demonstration of heavy military hardware, including J-20 stealth fighter jets, Z-8L 15-ton-class helicopter and Type 99A battle tank, President Xi Jinping unleashed his warning - China will never allow a [...]
July 1st, 2021 by financetwitter
From international news media to punk rockers to comedians, everyone seems to have taken notice of the breaking news - Malaysian Prime Minister Mahiaddin was hospitalized after suffering a bout of diarrhoea. The condition must be life threatening for the Prime Minister Office to issue an official st [...]
June 30th, 2021 by financetwitter
It’s high time you took your retirement seriously. No, this has nothing to do with your age, so you can keep on reading even if you are a 20-something, since it is most definitely never too early to start planning for your future. Most young people tend to ignore and neglect their retirement up un [...]
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