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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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June 10th, 2020 by financetwitter
By now, it's crystal clear that the newly appointed Attorney General Idrus Harun is as corrupt, if not more corrupt, than former Attorney General Apandi Ali, who despite stacks of evidence and international investigations, went ahead to clear his boss - former Prime Minister Najib Razak - of wrongdo [...]
June 10th, 2020 by financetwitter
Getting a loan is easy for some people who have great credit and a good income. However, for those with damaged credit, a low income, and other issues, getting a loan can be extremely difficult if not impossible. With mainstream lenders, you have to meet strict criteria to be eligible for a loan, an [...]
June 9th, 2020 by financetwitter
One of the questions which anti-Pakatan Harapan (PH) coalition likes to provoke is this - who will become the Prime Minister if the Opposition bloc succeeded in unseating the backdoor government of Muhyiddin? Will it be former PM Mahathir Mohamad or former PM-in-waiting Anwar Ibrahim? But both are n [...]
June 7th, 2020 by financetwitter
Wall Street economists and analysts were looking at a nonfarm payrolls loss of 8.3 million for the month of May. That estimation would see an unemployment rate of 19.5% - the nation’s worst since the 1929 Great Depression. Instead, the month surprised everyone when payrolls added a whopping 2.5 mi [...]
June 4th, 2020 by financetwitter
Two of the country's biggest crooks - Najib Razak and Zahid Hamidi - are tag-team again. After speculations that both were fighting tooth and nail to become the next prime minister, it appears that the former PM and the former Deputy PM have reached a consensus. Regardless who will become the next P [...]
June 3rd, 2020 by financetwitter
When Hong Kong was plagued with a series of protests last year, which were triggered by the introduction of the Fugitive Offenders Amendment Bill, it attracted the attention from superpower United States - the champion of human rights, freedom of speech and democracy. First started in mid March 201 [...]
June 1st, 2020 by financetwitter
First, they said Najib Razak and Rosmah Mansor were involved in the gruesome murder of Mongolian Altantuya Shaariibuu. Then, they said the despicable couple was as innocent as a newborn baby, even though they can't explain why Najib's bodyguard who did not know the Mongolian at all would end up kill [...]
May 31st, 2020 by financetwitter
2020 just started, but it is already shaping up to be one of the worst years for the automotive industry ever. Lockdowns around the world have simultaneously shuttered production lines, made it hard for car owners to pay off their loans, and set many credit scores on fire. While it is too early to k [...]
May 30th, 2020 by financetwitter
Beijing has passed a controversial security laws for Hong Kong. The National People's Congress voted 2,878-to-1 (6 abstained) to the proposed new law, dealing what critics have called a "killer blow" to the city's freedoms and autonomy. With the approval, the next step is to draft a detailed and off [...]
May 29th, 2020 by financetwitter
Mahathir had challenged his former lieutenant Muhyiddin to sack him. And Prime Minister Muhyiddin did exactly that. Mahathir's successors - Abdullah Badawi and Najib Razak - did not dare sack their former boss. At the most, Najib regime only dared to harass Mahathir's wife, 91-year-old Siti Hasmah, [...]
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