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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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November 17th, 2020 by financetwitter
Exactly how many grand coalitions the dubious "Malay-Muslim" government consisting of UMNO, Bersatu (PPBM) and PAS wanted to create? It appears that in spite of having cornered 90% of Malay-Muslim voters, the Perikatan Nasional backdoor regime still has no confidence of winning the next 15th General [...]
November 17th, 2020 by financetwitter
After American pharmaceutical Pfizer and the German biotech company BioNTech last Monday that they finally had produced the vaccine, which is more than 90% effective against Covid-19, the stock markets around the globe immediate hit the roof. But soon the stock rally fades away as the vaccine is un [...]
November 15th, 2020 by financetwitter
After crossing the 270 Electoral College vote threshold needed to claim victory, President-elect Biden appears to have strengthened his grip on Friday (Nov 13) by winning the state of Georgia. Even though North Carolina may go to President Trump, the final result would see Biden's 306 votes against [...]
November 14th, 2020 by financetwitter
In another U-turn, the backdoor government of Muhyiddin Yassin has now decided to allow three people from the same household to travel in a same car. Senior Minister Ismail Sabri Yaakob claimed the decision was agreed upon after receiving complaints from the public, as well as consideration based on [...]
November 13th, 2020 by financetwitter
Technology is taking over the world. In a bid to create ultimate efficiency, cutting-edge technology is being deployed to design supercomputers that will take over the work done by humans in the near future. According to experts, AI, machine learning, deep learning, and big data are just some of the [...]
November 12th, 2020 by financetwitter
Alibaba has set another new sales record for this year's annual "Singles Day" shopping spree. The Singles Day, first started in China as a 24-hour shopping event that celebrates people who are not in relationships, has been such a massive success that it makes Black Friday and Cyber Monday in the Un [...]
November 10th, 2020 by financetwitter
There's a good reason why the backdoor government of Muhyiddin is seen as incompetent and clueless. It's one thing to be a traitor and conspired with crooks to steal a legitimately elected government via a political coup. It's another thing to run the country into the ground with double standards, h [...]
November 10th, 2020 by financetwitter
Four days after the November 3 election, Americans took to the streets - some celebrate Joe Biden's victory while others protest against Donald Trump's loss. The nation is as divided, if not more divided, as when Trump stunningly won the White House in 2016. Having passed the 270 Electoral College v [...]
November 8th, 2020 by financetwitter
Financial planning 101 say if you consistently spend more than you earn, it becomes the secret recipe of huge debt. In the case of (previous) Barisan Nasional government, not only did they spend lavishly beyond their ability to grow the economy, they also plundered and stole money from the national [...]
November 6th, 2020 by financetwitter
Trading is challenging because getting things right doesn't just happen. The following are a few tips that could help you grow in this industry by refining trading.
1. Work on Your Emotions
Your emotional state matters when it comes to trading. This may not sound too important, [...]
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