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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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March 21st, 2020 by financetwitter
As adults, we need a job to survive. Living in this world means that you need to find money to support yourself as much as possible. You cannot just sit and wait; even in the ancient civilizations, those who wait to end up dead. The world may not be as savage as it was back then, but it has become m [...]
March 21st, 2020 by financetwitter
As early as January, before Muhyiddin Yassin launched his "Sheraton coup" to topple his own government in order to form Perikatan Nasional backdoor government with corrupt regime UMNO and extreme Islamist party PAS, the then-Pakatan Harapan government had categorized face masks as price control item [...]
March 19th, 2020 by financetwitter
The backdoor government of Muhyiddin Yassin has screwed up so spectacularly in handling the Coronavirus crisis that the previous legitimately elected Pakatan Harapan (PH) government looks like a gem. The present regime has made so many fatal U-turns that it makes former Prime Minister Mahathir, know [...]
March 18th, 2020 by financetwitter
In a world called the planet Earth, three powerful men determine, influence and control the world oil prices. They are U.S. President Donald Trump, Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman. Until 2018, Trump was still the most powerful of the trio, where his foreig [...]
March 18th, 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 [...]
March 17th, 2020 by financetwitter
Malaysia has finally joined France, Spain and Italy in imposing lockdowns on tens of millions of people after the country recorded a disturbing jump - a jaw-dropping 190 patients - in new Covid-19 cases on Sunday (March 15). But hours before Prime Muhyiddin Yassin reveals his 2-week lockdown, confus [...]
March 16th, 2020 by financetwitter
Some said a mosque is a sacred place, hence it's fully protected from the infectious Covid-19 coronavirus. Others argued that it was foolish to fear the virus more than the God because the pathogen was part of the God's creation. Hence, some simple-minded people said instead of closing down the mosq [...]
March 15th, 2020 by financetwitter
Bersatu or Malaysian United Indigenous Party won only 13 out of 222 Parliamentary seats in the May 2018 General Election. Mahathir Mohamad, the founder of Bersatu (PPBM), was crowned as the 7th Prime Minister because Wan Azizah Wan Ismail allowed the 93-year-old man to become premier again. That's b [...]
March 13th, 2020 by financetwitter
A sea of red on global stock markets continue as the Coronavirus crisis deteriorated and the meltdown in the U.S., the world’s biggest economy, crashes confidence. The DJIA (Dow Jones Industrial Average) fell 10%, or 2,352.6 points - its largest one-day percentage drop since the October 1987 cras [...]
March 12th, 2020 by financetwitter
The new cabinet was designed in such a way to ensure the survivability of not only Prime Minister Muhyiddin, but crucially the continuous existence of Bersatu (if they failed to take over UMNO) "after" the next 15th General Election. And if you look at the position of the chess pieces, some hidden h [...]
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