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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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April 27th, 2020 by financetwitter
In his first address to the nation after sworn in as the 8th Prime Minister, Muhyiddin Yassin said - “I am a brother to the Malays, the Chinese, the Indians, the Sikhs, the Ibans, the Kadazans, the Dusun, the Murut and those of various ethnicities. I am your prime minister. Even if you are a farme [...]
April 26th, 2020 by financetwitter
Donald Trump warned China last week that it would face consequences if it was “knowingly responsible” for the Coronavirus pandemic. During his daily White House briefing, the U.S. president said - “It could have been stopped in China before it started and it wasn’t, and the whole world is [...]
April 25th, 2020 by financetwitter
On September 20, 2018, people were quite excited as there was a chance that Najib Razak could spend a night in police lockup. People were already frustrated that the crook was given so many special privileges by the new Pakatan Harapan government, including not having to wear the Malaysian Anti-Corr [...]
April 24th, 2020 by financetwitter
If you want to be successful in a corporate world or have your business thrive in the marketplace, the first step you’ll take is to gain potential clients. Indeed you’ve got the leadership skills, unique business marketing strategy but aside from those you have to learn the expert ways how to ea [...]
April 23rd, 2020 by financetwitter
The global lockdown approach adopted by almost every government in the world might not be the right, or the only solution, based on Coronavirus infection data collected and analysed by Professor Isaac Ben-Israel. After all, South Korea, Taiwan and Sweden didn't lock down and they did not appear to b [...]
April 22nd, 2020 by financetwitter
On Monday, investors, analysts, economists and even ordinary people were flabbergasted when the WTI (West Texas Intermediate) crude dropped to not only below US$10 a barrel, but also below zero to the negative territory. It was so bad that at one point, the price hit "negative US$40.32", before endi [...]
April 22nd, 2020 by financetwitter
Prime Minister Muhyiddin Yassin has appointed Tiong King Sing as the Special Envoy to China with ministerial rank. Effectively, the already bloated 70 ministries Cabinet is now consisting of an eye-popping 72 ministers, including the recent promotion of Hadi Awang as Special Envoy to the Middle Eas [...]
April 21st, 2020 by financetwitter
When the crude oil dropped to below US$30 a barrel, some said it's impossible for it to reach US$20. But when it finally breached the US$20 level, they said it's absolutely impossible to go US$10. Guess what, the US$10 a barrel of oil has just been breached. On Sunday, the U.S. benchmark - WTI (West [...]
April 20th, 2020 by financetwitter
Just when you thought some ministers would keep their mouth shut after their recent screw-ups, somehow they still fail to learn their lessons. Perhaps it's true that while ignorance can be educated and crazy can be medicated; there is absolutely no cure for stupidity. The most embarrassing part is - [...]
April 17th, 2020 by financetwitter
After insisting for weeks that the annual Ramadan bazaars will not be cancelled, Federal Territories Minister Annuar Musa had no choice but to ban it. As early as March 31, the UMNO warlord arrogantly said - “Just because Singapore or other parties have announced that there will be no bazaars this [...]
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