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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 7th, 2020 by financetwitter
Germany has unleashed a "To-Do List" to enable the country to lift, or at least scale down the lockdown, scheduled to end on April 19. The government hopes with the list of measures to be implemented, people could return to their normal life. Since its March 22's lockdown, the Europe's largest econo [...]
April 6th, 2020 by financetwitter
The simple fact that Muhyiddin Yassin refused to promote Hadi Awang as either the deputy prime minister or a religious affairs minister shows the deep distrust the prime minister has on the PAS president, whose Islamic extremism and radicalization would do more damage than good to the fragile backdo [...]
April 5th, 2020 by financetwitter
As early as February 29, the U.S. Surgeon General told people to "stop buying masks" because the face masks were simply not effective in preventing them from catching the highly infectious Coronavirus. Vice President Mike Pence then told a press conference that there was no need for Americans to wea [...]
April 4th, 2020 by financetwitter
In January 22, as the nation saw the first American diagnosed with Coronavirus after returning from China, President Donald Trump told CNBC - "We have it under control. It's one person coming in from China. It's going to be just fine." He was asked during the interview if people should be worried ab [...]
April 3rd, 2020 by financetwitter
The appointment of Islamist party PAS president Hadi Awang as special envoy to the Middle East with ministerial rank has raised eyebrows. Does Prime Minister Muhyiddin Yassin plan to appoint UMNO president Ahmad Zahid Hamidi as special envoy to Indonesia with the same ministerial rank too? After all [...]
April 2nd, 2020 by financetwitter
Some people can’t wait to retire to just sit by the beach and do nothing all day. Others just don’t want to punch a time clock. Whatever your retirement dreams, you are probably going to need more than just your Social Security payments to get by every month.
With all the different [...]
April 2nd, 2020 by financetwitter
Muhyiddin Yassin probably had no idea how incompetent his government is when he announced his bloated Cabinet comprising 70 ministries. But with a very limited pool of intellectuals to choose from, he could only pray that his backdoor government would do as little damage as possible in the first 100 [...]
April 1st, 2020 by financetwitter
The mask is arguably the single most sought after commodity during the current Coronavirus pandemic. The dramatic increase in demand for face masks has seen its price skyrocketed to unbelievable levels. On Amazon, a package of 20 N95 particulate respirators made by Honeywell has quintupled from US$1 [...]
March 31st, 2020 by financetwitter
Have a big billion-dollar idea for a new business? Great! Now what? How do you get the money to get it out there?
So, inspiration hit you overnight and you found the most brilliant business idea that will certainly be a big hit. You already see yourself being a famous entrepreneur, th [...]
March 31st, 2020 by financetwitter
The war against the Coronavirus is left entirely to Health Director-General Dr. Noor Hisham Abdullah, which is a good thing because in comparison to Health Minister Adham Baba, this Dr. Noor certainly looks like a genius. He talks about facts and figures and knows what he was talking about, unlike p [...]
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