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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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February 3rd, 2021 by financetwitter
The clueless government under the leadership of Muhyiddin Yassin has to make up its mind - either impose a full economic lockdown or reopen every economic sector. A half-baked lockdown like the MCO 2.0 isn't working. In fact, it makes the situation worse for business. What's the point of allowing bu [...]
February 2nd, 2021 by financetwitter
As predicted, the half-baked second MCO (movement control order) lockdown, announced by backdoor Prime Minister Muhyiddin Yassin on Jan 11, 2021, has now been extended for another 14 days. The MCO 2.0, initially implemented for 14 days - effective from Jan 13 to 26, 2021 - had already been extended [...]
February 1st, 2021 by financetwitter
For months, we've been saying that the backdoor government of Muhyiddin is not only illegitimate and fragile, but also clueless and incompetent. The loosely glued Perikatan Nasional coalition, consisting of three biggest "Malay" political parties - PPBM, UMNO and PAS - successfully snatched power th [...]
January 31st, 2021 by financetwitter
After boasting on January 13 how its active users breached the 500 million milestones, thanks to WhatsApp new privacy policy, Telegram happily blasted another notification to its users on January 29. It claims over 100 million new users joined Telegram in January 2021 alone, seeking more privacy and [...]
January 30th, 2021 by financetwitter
In less than 24 hours, Senior Minister Ismail Sabri Yaakob has made a spectacular U-turn from his initial green light to management boards of apartments and condominium to demand tenants to prove they are free of Covid-19. After being criticised for his incompetency and silly decision, he claims his [...]
January 28th, 2021 by financetwitter
China, despite a trade war with the economic superpower United States and a pandemic war with Covid-19, has been expected to register a positive economic growth in 2020. Every single analyst, economist, think tank or financial institution knew that despite being the first country hit by Coronavirus, [...]
January 27th, 2021 by financetwitter
Italy is an excellent destination for migrants. According to the World Population Review 2020 Italy provides the second best healthcare in the world. The country's public healthcare system is efficient and affordable. Here is a quick look at various aspects including accessibility, costs, and qualit [...]
January 26th, 2021 by financetwitter
As expected, the controversial and half-baked second MCO (movement control order) lockdown comes and goes - without any improvements. Supposedly to be effective from Jan 13 to 26, 2021, the MCO 2.0 was later extended until Feb 4. Had the partial lockdown not been extended, today would be the expiry [...]
January 25th, 2021 by financetwitter
UMNO warlord Johari Abdul Ghani, a former finance minister, arrogantly said in 2010 that minorities Chinese and Indian votes were not needed for his party to win the general election. The former Titiwangsa MP once said - "We just want Malay votes. There is no need for Chinese or Indian votes." In sh [...]
January 23rd, 2021 by financetwitter
If you are interested in how insurance works in Germany and you want to find your best option in this country, then you will definitely need to do a lot of research. As you can see here, there are certainly a lot of different options to consider, meaning that you should take your time to do your rea [...]
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