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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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May 27th, 2020 by financetwitter
When President Trump signed into law a Coronavirus relief package on March 27, 2020, called the Federal Pandemic Emergency Unemployment Compensation (PEUC) program, offered through the federal CARES Act, the US$2.2 trillion stimulus package was the largest in the history of the United States. The la [...]
May 25th, 2020 by financetwitter
Very few people wanted Mahathir to lead the opposition - again - and bring back the legitimate government of Pakatan Harapan (PH). Some think Mahathir cannot be trusted to lead the opposition, but is welcomed to join the Opposition benches. Most people wanted Mahathir to retire, for real, because hi [...]
May 22nd, 2020 by financetwitter
Australia was, and is still known as the United States' "deputy sheriff" in the Asia-Pacific region. That perception was reinforced during John Howard administration, when the Australian prime minister became a key supporter of the 2003 Iraq War, a war started by President George W Bush under the pr [...]
May 21st, 2020 by financetwitter
Muhyiddin Yassin is a desperate man. He was so desperate that his administration had shamelessly forced a Member of Parliament (MP), Masir Kujat, to be seated together with his backdoor government - Perikatan Nasional - in the Dewan Rakyat (Lower House of Representative) on May 18, despite the fact [...]
May 20th, 2020 by financetwitter
Donald Trump told all and sundry that he has been taking a drug called hydroxychloroquine - "every day" - for about a week and a half. The 73-year-old president proudly told reporters on Monday how the anti-malaria drug has helped shield him from being infected by Coronavirus, despite public health [...]
May 18th, 2020 by financetwitter
Riza Aziz, the stepson of former Prime Minister Najib Razak and favourite son of Rosmah Mansor, can now laugh all the way to the bank. In fact, the entire crooked family of Najib-Rosmah was extremely delighted. If Riza can be freed, that means Najib and his wife Rosmah will most likely walk away fre [...]
May 16th, 2020 by financetwitter
Coronavirus has left a trail of destruction across the world. No country is spared, including economic powerhouse United States and China. The last thing the world needs now is escalating tensions between both superpowers over the endless blaming game of China's handling of the pandemic. But it appe [...]
May 14th, 2020 by financetwitter
At first, Muhyiddin Yassin, who was newly crowned as the 8th Prime Minister of Malaysia on March 1, decided to postpone the Parliament session until May 18. That session was originally scheduled on March 9. He had just toppled his own Pakatan Harapan (PH) government by forming a new "Malay only" bac [...]
May 14th, 2020 by financetwitter
The concept of "work from home" or remote work has been in the market for decades - even centuries. Some said working remotely has been around between 1.4 and 1.9 million years ago. Obviously, modern office did not exist back then. Communities would pool their resources to make tools, hunt animals, [...]
May 12th, 2020 by financetwitter
Some believed that Muhyiddin Yassin had outfoxed the old fox Mahathir Mohamad in the coup that toppled his own Pakatan Harapan government. If that is true, then surely Mr. Muhyiddin, a pancreatic cancer survivor, was clever enough to have a plan on how to control his new allies - UMNO and PAS - once [...]
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