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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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June 19th, 2021 by financetwitter
PAS president Abdul Hadi Awang has gone bonkers again. This is the second time he had gone ballistic in less than 2 weeks. The first time he had gone mad was when the news flashed last week about the special meetings between Malaysian King Sultan Abdullah and political party leaders, including the O [...]
June 18th, 2021 by financetwitter
Since China emerged from the Coronavirus pandemic last year, the world’s second largest economic powerhouse has not looked back. Its economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year - the biggest jump in gross domestic product (GDP) since China star [...]
June 17th, 2021 by financetwitter
Backdoor Prime Minister Muhyiddin should have consulted a “Feng-Shui” master on the most prosperous date and time to officially use his given name – Mahiaddin Md Yasin – instead of his glamour name “Muhyiddin Yassin”. Of all the dates available, he chose June 16 to publicly instruct all [...]
June 17th, 2021 by financetwitter
When Coronavirus spread to the United States last March, the Wall Street was so shocked with the outbreak that the Dow Jones crashed nearly 3,000 points - about 13%. Everyone was panicked as none had experienced such a pandemic before. After all, the last time the world faced a pandemic at a similar [...]
June 15th, 2021 by financetwitter
With less than 24 hours before King Sultan Abdullah is scheduled to meet his brother Rulers tomorrow (June 16) at 2:30pm for an emergency meeting, the monarch had mysteriously granted an audience to Prime Minister Muhyiddin Yassin today. It came after the chairman of Special Independent Emergency Co [...]
June 15th, 2021 by financetwitter
When you own a business, it’s a good idea to have a medium-term goal in mind. This way, early concepts about how to proceed can percolate through, leading to breakthroughs when filtering to find the best ideas to pursue. Here is how to grow your business and then make it passive later.
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June 14th, 2021 by financetwitter
Unless he pays about RM1.74 billion (approximately RM1,738,804,204.16), Najib Razak, the world's biggest crook, will soon face bankruptcy. The former Malaysian prime minister owes LHDN (Lembaga Hasil Dalam Negeri or Inland Revenue Board) the taxes for the years 2011 to 2017 for additional income ta [...]
June 12th, 2021 by financetwitter
Last October, when King Sultan Abdullah rejected the ruling Perikatan Nasional government's request to declare a State of Emergency, the monarch had also warned MPs against destabilizing the government. At lightning speed, PAS Islamist party president Abdul Hadi Awang lectured the Opposition to obey [...]
June 11th, 2021 by financetwitter
If reactions from Abdul Hadi Awang are any indicator, the backdoor government of Muhyiddin Yassin is extremely panicked. When the news flashed about the special meetings between Malaysian King Sultan Abdullah and political party leaders, including the Oppositions, the bedridden Hadi was so shocked h [...]
June 10th, 2021 by financetwitter
For about 3 weeks since India recorded its highest daily Coronavirus deaths - 4,529 deaths on May 18 - the country has been on its way to recovery. At least that was the perception based on official data. Yesterday (May 9), the data showed it recorded only 2,177 deaths, a spectacular achievement com [...]
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