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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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May 30th, 2021 by financetwitter
First, it was the race to become the first to produce Covid-19 vaccine. Now, it's the race to become the first to vaccinate the entire population. As China, the world’s second largest economy, tries to catch up to Europe and the United States, a new record is being broken again. After hitting 15 m [...]
May 28th, 2021 by financetwitter
Muhyiddin Yassin, the power-hungry, but clueless and incompetent prime minister has finally declared a full lockdown effective June 1 to 14. The 2-week nationwide lockdown decision comes on Friday evening (May 28) after the country reported its fourth consecutive day of record infections - a whoppin [...]
May 27th, 2021 by financetwitter
LRT (Light Rail Transit) commuters today were being crammed in the packed trains like sardines. It was not possible to observe social distancing. Exactly what was the purpose of reducing the frequency LRT, MRT, monorails and buses by 50%, a brilliant plan which will definitely cause congestion, is b [...]
May 26th, 2021 by financetwitter
Another day, another record Coronavirus cases and deaths for Malaysia, a country in the Southeast Asia that is still struggling with the pandemic since last year. Today (May 26), the country reported 7,478 new infections and 63 deaths - two records in a single day. Based on the increasing number of [...]
May 25th, 2021 by financetwitter
When Mahiaddin alias Muhyiddin says he does not mind general public calls him a "stupid prime minister", he was actually playing reverse-psychology. He was not stupid at all. In fact, the cunning and power-hungry man was very clever, at least that was the tactic. Inviting people to call him stupid w [...]
May 23rd, 2021 by financetwitter
India's daily Coronavirus cases appear to have dropped from above 400,000 in the first week of May to just 240,842 on Saturday (May 22). Malaysia, on the other hand, is still at its early stage of hitting new records. Today, the country hit another jackpot when it recorded a new record of Covid-19 c [...]
May 21st, 2021 by financetwitter
China only managed to vaccinate more than 15 million people in the third week of January this year, even though it had actually started giving emergency vaccinations as early as July, 2020. The country officially kicked off of its mass vaccinations on 15 December, 2020, targeting high-risk groups su [...]
May 21st, 2021 by financetwitter
Are you a new entrepreneur and is looking for funds to get your business started? If you are on a tight budget, Payday Depot loans will help you with your capital. To know about other funds and grants you can apply for, read ahead!
What Are Small Businesses?
Like other businesses [...]
May 20th, 2021 by financetwitter
Someone should congratulate the power-hungry Muhyiddin regime for breaking another new Covid record today - 6,806 cases and 59 deaths - after yesterday’s 6,075 infections. Thanks to his coup to seize power, leading to the Sabah state election last September, the third wave of Coronavirus pandemic [...]
May 20th, 2021 by financetwitter
If you are thinking about how your local chamber could deliver relevant information to the public and possibly increase people’s interest in certain business possibilities, or convey any messages that it wants to convey, then you will definitely have a lot of options to choose from. The technologi [...]
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