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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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August 25th, 2020 by financetwitter
For several months since the entertainment brought by "Doraemon" Minister Rina Mohd Harun, "Warm Water" Health Minister Adham Baba and "TikTok" Higher Education Minister Noraini Ahmad, life has been very boring. If there's one crown jewel that the backdoor government of Muhyiddin possesses, it has t [...]
August 24th, 2020 by financetwitter
Donald Trump is a very desperate man, and desperate times call for desperate measures. The only way he can win the coming re-election is to present a vaccine - any type of vaccine - to the voters before November. It doesn't matter if the half-baked vaccine does not really work. The important trick i [...]
August 23rd, 2020 by financetwitter
After being exposed, Mohd Khairuddin Aman Razali claimed that upon arrival at the Kuala Lumpur International Airport (KLIA) from Turkey, he was given a "special Covid-19 test" that produced a negative result after 5 hours. Unlike any ordinary folks, the Plantation Industries and Commodities Minister [...]
August 21st, 2020 by financetwitter
Slowly but surely people begin to see not only how "munafiq" (hypocrite) Muhyiddin Yassin is, but also how his bloated ministers freely abuse their power. It was only last month that the backdoor prime minister warned the 32-million populations that the country could be forced into another Movement [...]
August 21st, 2020 by financetwitter
Indonesia has the largest Muslim population in the world, with approximately 225 million Muslims (as of 2010). It is also the largest archipelago in the world, consisting of a whopping 17,508 islands, including 5 major islands (Sumatra, Java, Borneo, Sulawesi and New Guinea). The country is so eth [...]
August 19th, 2020 by financetwitter
On Tuesday (August 18), the S&P 500 closed at a record 3,389.78 points - higher than the previous record of 3,386.15 recorded on February 19, 2020. The benchmark plunged from the Feb's all-time high to a low of 2,237.40 on March 23, effectively losing 33.9% thanks to the Coronavirus pandemic. It [...]
August 17th, 2020 by financetwitter
Former Prime Minister Najib Razak and his former deputy, Ahmad Zahid Hamidi, have something in common - both crooks could be prison cellmates. While disgraced Najib faces a total of 42 criminal charges related to money laundering, corruption and criminal breach of trust (CBT), the despicable Zahid h [...]
August 16th, 2020 by financetwitter
On Thursday (August 13), U.S. President Donald Trump made a surprise announcement via his favourite Twitter - the United Arab Emirates (UAE) and Israel agreed to establish normal diplomatic relations. Essentially, the UAE will officially recognise the state of Israel. In exchange, Israel will suspe [...]
August 14th, 2020 by financetwitter
As early as August 2017, some 9 months before the May 2018 General Election which saw the stunning defeat of the Barisan Nasional government for the first time in 61 years, then-Opposition Warisan party led by Shafie Apdal promised to abolish "Sabah Communal Land Title" - if they win the election in [...]
August 13th, 2020 by financetwitter
As expected, Vladimir Putin's announcement that his country has become the first country in the world to approve a Coronavirus vaccine fails to win applause. The Russian president announced the great news on Tuesday - "As far as I know, a vaccine against a new Coronavirus infection has been register [...]
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