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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 12th, 2020 by financetwitter
Go to Google and type "consider" and it explains the word means to "think carefully about something, typically before making a decision". Another meaning, as explained by Mr. Google, includes "take into account when making a judgement". Alternatively, "consider" also means to "look attentively at". [...]
August 10th, 2020 by financetwitter
A smartphone, no matter its brand, is as good as the apps in it. Without apps, the gadget is useless. Hence, when President Donald Trump signed an executive order last Thursday to ban yet another Chinese app - WeChat - in the U.S., all hell broke loose. Trump, desperate to win the November re-electi [...]
August 8th, 2020 by financetwitter
Travelling is one of life’s greatest pleasures. Almost nothing could ever top going to the places that you want and enjoying life there. It can be quite expensive depending on where you are going but it is something that people want to do. For the most part, most would enjoy almost any kind of tra [...]
August 8th, 2020 by financetwitter
Get real. If backdoor Prime Minister Muhyiddin Yassin wanted to, he could save the pathetic life of Najib Razak, the former prime minister who was the same man who had sacked him in 2015. But why should he? Allowing the judge to "do his job" - delivering a guilty verdict - would mean Najib cannot pa [...]
August 7th, 2020 by financetwitter
The Speaker's official role is to moderate debate, makes rulings on procedure, announces the results of votes and decides who may speak in the House of Parliament. The Speaker also has the powers to discipline members who break the rules and procedures of the House. As the chief officer of the H [...]
August 5th, 2020 by financetwitter
Tech giants like Facebook and YouTube compete directly with TikTok and for years, tensions have been growing between them. In April, thanks to Coronavirus lockdown, TikTok amassed over 2-billion downloads on Google Play Store and Apple’s App Store, largely because people "trapped" at home wanted t [...]
August 4th, 2020 by financetwitter
When Tengku Zafrul Tengku Abdul Aziz was appointed as finance minister by backdoor Prime Minister Muhyiddin Yassin in March, we unveiled that the former chief executive of Malaysian banking group CIMB was the same superstar singer in a "Hebat Negaraku" music video - a four-and-a-half-minute clip des [...]
August 3rd, 2020 by financetwitter
When the Coronavirus first erupted in the West, Italy was the hellish epicentre outbreak in Europe. The virus was first confirmed to have spread to Italy on 31 January 2020, when two Chinese tourists in Rome tested positive. By 19 March, the death toll in Italy has hit 3,405, more than China's 3,2 [...]
August 2nd, 2020 by financetwitter
Musa Aman was indeed a very frustrated man after his evil plan to topple Chief Minister Shafie Apdal failed spectacularly. It was the last fireworks for the month of July after former Prime Minister Najib Razak was pronounced "guilty" by the High Court in relation to all the 7 charges of money laund [...]
August 1st, 2020 by financetwitter
Philippines President Rodrigo Duterte has again advised people on Friday (July 31) how to disinfect their face mask. The formula is to clean your face mask with gasoline or petrol, and he insisted that he was "not joking". It appears that Duterte, arguably the most powerful man in Southeast Asia wa [...]
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