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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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December 23rd, 2019 by financetwitter
What was the objective of the Kuala Lumpur Summit, which has just concluded? Its website says that it is an international platform for Muslim leaders, intellectuals and scholars from around the world to discuss and exchange ideas about the issues revolving in the Muslim world. The first Summit was a [...]
December 20th, 2019 by financetwitter
In front of a thousand curious people watching at Masjid Jamek Kampung Baru, Najib Razak performed his drama - taking a "sumpah laknat", or swearing in the face of divine retribution to deny former elite police commando Azilah Hadri's statutory declaration (SD) that he (then deputy prime minister) g [...]
December 19th, 2019 by financetwitter
For as long as one can remember, Najib Razak has denied any involvement in the 1MDB scandal, despite caught with his hand in the cookie jar - a jaw-dropping US$681 million in his private bank accounts. Instead, he claimed that the huge sum of money was donations from Saudi royal family, a claim [...]
December 17th, 2019 by financetwitter
In the modern age, marketing is as important as your business’ product or service. Getting the message out that you are serious, committed and professional will attract more customers and business than projecting a bad image that does not look the part of how you want to be perceived. Image is eve [...]
December 17th, 2019 by financetwitter
There are many ways to skin a cat, especially a fat cat like former Prime Minister Najib Razak. Already hit with 42 charges of criminal breach of trust (CBT), money laundering and abuse of power - a world record for a former prime minister - he was also slapped with a tax bill for an extra RM1.5 bil [...]
December 15th, 2019 by financetwitter
Accusations of favouritism and hypocrisy - even evil conspiracy - have been slapped on Mahathir Mohamad, the oldest prime minister in the world. That was the anger and displeasure expressed by netizens on social media over the double standard practised by the prime minister after premier-in-waiting [...]
December 13th, 2019 by financetwitter
After Indonesian budget airline Lion Air Flight 610 crashed on Oct 29, 2018, killing 189 people, the Federal Aviation Administration (FAA) scrambled to investigate. The air safety regulator did nothing until a second crash involving Ethiopian Airlines Flight 302 on Mar 10, 2019, killing all 157 peop [...]
December 10th, 2019 by financetwitter
Oil giant Saudi Aramco priced its IPO (initial public offering) at 32 riyals (US$8.53) per share last Thursday, marking the biggest share listing in history - beating Alibaba's record US$25 billion listing in 2014. In essence, Aramco will become the world's most valuable publicly traded company. Sti [...]
December 9th, 2019 by financetwitter
As Trump administration scrambles to shield Saudi Arabia from an unexpected attack by a Saudi national at a U.S. Navy base in Florida, the memory of September 11, 2001 attacks by the Islamic terrorist group al-Qaeda against the United States re-emerges. Of the 19 hijackers of the 9/11 attacks, 15 of [...]
December 7th, 2019 by financetwitter
When prime minister-in-waiting Anwar Ibrahim said he was a patient man, but there was a limit to it, he was sending a message to Prime Minister Mahathir Mohamad. When he warned - "Don't test me" - he was sending a message to his traitor deputy Azmin Ali. Anwar's statements two days ago were unleashe [...]
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