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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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March 8th, 2021 by financetwitter
Since the Malaysian Chinese Association (MCA) was founded in Feb 1949, it has been a uni-racial political party that comprises only Chinese members in the country - until 2018. It would take the party almost 70 years, and a humiliating loss in the May 2018 General Election, to reluctantly amend its [...]
March 5th, 2021 by financetwitter
The best way to provoke China is to play the Taiwan card. It works every time. And the trigger is always the United States. In January, the U.S. warned China - "We urge Beijing to cease its military, diplomatic, and economic pressure against Taiwan. We will continue to assist Taiwan in maintaining a [...]
March 3rd, 2021 by financetwitter
De facto Law Minister Takiyuddin Hassan appears to have committed sedition with his latest remarks. If it were the opposition lawmakers who said what he had said today, you can bet your last penny that thousands of police reports would be lodged for sedition. Days after the King said Parliament can [...]
March 2nd, 2021 by financetwitter
Volvo is set to reveal a new electric car today (2 March). The new 40-series compact model - C40 Recharge - will be the Swedish brand's second electric car after it launched its first fully electric car, the XC40 Recharge EV, last year. The second electric vehicle will be based on the same Compact M [...]
March 1st, 2021 by financetwitter
On 22 October 2018, former defence minister Hishammuddin Hussein boastfully said he will use his personal connections with Beijing to help to track down and repatriate fugitive businessman Jho Low (real name: Low Taek Jho) from China. Jho Low was partner-in-crime of former Prime Minister Najib Razak [...]
February 27th, 2021 by financetwitter
In the seven-emirate United Arab Emirates (UAE), if you have been in other Emirates and wish to travel to Abu Dhabi, you must present at the Abu Dhabi border your negative Covid‑19 PCR test results issued within 48 hours. In essence, residents who live in Abu Dhabi but travel daily to Dubai to wor [...]
February 25th, 2021 by financetwitter
The Proclamation of Emergency, which was consented by the Agong (King) on January 12, was a huge mistake from the beginning. King Sultan Abdullah, who had received briefings from a strong battalion of top government officials, including the Attorney General, Inspector-General of Police and Chief of [...]
February 23rd, 2021 by financetwitter
The coalition of three biggest Malay political parties - UMNO, PPBM and PAS - will most likely win the next 15th General Election. The only uncertainty is the emergence of young voters, thanks to electoral reforms passed by the Malaysian Parliament in 2019 to reduce the voting age to 18 from 21. Th [...]
February 22nd, 2021 by financetwitter
Trying to reverse Donald Trump's toxic "America's first" agenda, President Joe Biden has started rallying the Group of Seven - G7 - allies back to the American flag. In his first address before the world since his inauguration as the 46th President of the United States, Biden declared in a virtual a [...]
February 21st, 2021 by financetwitter
As an entrepreneur, having to choose what services your business should offer is often overwhelming. There are so many options that you may not know what to include and what to exclude. Nowadays, businesses can offer live chats, webcam consultations, 24/7 customer service, or same-day deliveries.
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