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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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January 22nd, 2021 by financetwitter
If you were asked to name two financial markets that should command your attention in the digital age, cryptocurrency and the foreign exchange would probably come at the top of your list.
After all, the forex market sees an estimated $6.6 trillion traded globally every single day, while [...]
January 22nd, 2021 by financetwitter
Singapore reported only 38 new cases of Covid-19 on Thursday (Jan 21), where 34 cases were imported. In contrast, neighbouring Malaysia recorded 3,170 new infections and 12 deaths. Ironically, there was a period of time when an outbreak appeared to be out of control in Singapore, while Malaysia was [...]
January 20th, 2021 by financetwitter
As early as March 2020, medical experts and leaders in Washington quietly debated a plan to decide who gets care when hospitals fill up. It might be a morally troubled question, but a valid argument as a result of a crisis in Italy. An Italian crisis management team in Turin had proposed that Coron [...]
January 19th, 2021 by financetwitter
Careers certainly have taken a twist after the Covid-19 outbreak. As the pandemic continues to leave a trail of destruction in the New Year, careers in healthcare, education and digital services are set to become the fastest-growing in Southeast Asia in 2021. The change in jobs landscape is not hard [...]
January 18th, 2021 by financetwitter
Millions of WhatsApp users have retaliated, and Mark Zuckerberg's team has responded. The Facebook-owned messaging service app has decided to delay its initial Feb 8 deadline to suspend the accounts of those who disagreed to comply with its new privacy policy. On Saturday (Jan 16), WhatsApp said "no [...]
January 17th, 2021 by financetwitter
A whopping 4,029 Covid-19 new cases and 8 deaths have been reported in the past 24 hours (Jan 16, 2021). The country hit another new record and for the first time, infections number breaches the 4,000 milestone. Congratulations to the backdoor Prime Minister Muhyiddin Yassin, who does not dare to cl [...]
January 16th, 2021 by financetwitter
Getting a mortgage is one of the biggest decisions you will have to make in your lifetime. Of course, when you start this process, your goal will be to secure the best deal, instead of just rushing into working with the first lender you come across. As explained on this page, finding t great deal is [...]
January 15th, 2021 by financetwitter
Donald Trump had fought fiercely trying to bring China to its knee. But after close to 3 years since the U.S. president started the trade war in March 2018, the dragon is still standing tall - alive and kicking with a smile. Trump's famous tweet - "trade wars are good, and easy to win" - which he ar [...]
January 15th, 2021 by financetwitter
One of the keys to being financially independent is to have multiple streams of income. This is something that is easier to do in the current environment thanks to the widespread use of the internet. The fact that computers are becoming more affordable, and more powerful, is something that also make [...]
January 14th, 2021 by financetwitter
Has anybody noticed that since March 2020, former Prime Minister Najib Razak no longer performs his "Bossku" stunt, riding a motorcycle with a smile to meet gullible village folks? Najib, whose "Malu apa bossku" (What's the shame, my boss? ) moniker had taken the country by storm after his 2018 ele [...]
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