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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 5th, 2019 by financetwitter
When Ahmad Zahid Hamidi was slapped with 47 charges of criminal breach of trust (CBT), money laundering and corruption involving RM124 million, it was already a record. At that time, his former boss Najib Razak was just facing 32 charges while wife Rosmah Mansor 17 charges. The charges against forme [...]
December 4th, 2019 by financetwitter
As part of the ongoing trade war with China, Donald Trump thought it would be a great idea to start a tech war with the Chinese as well. It would put tremendous pressure on President Xi Jinping to negotiate and surrender to the terms to be dictated by the United States. The target - Huawei Technolog [...]
December 3rd, 2019 by financetwitter
Mahathir's previous policy of allowing so-called "minimal and manageable" corruption among the warlords of UMNO, the dominant political party he once led, has proven more damaging than anticipated. The tentacles of corruption have not only spread deep into government and private institutions, but al [...]
December 2nd, 2019 by financetwitter
Will they ever learn? In yet another terrorist attack, two innocent people were killed at the north end of London Bridge on Friday by 28-year-old Usman Khan, a man who was convicted in 2012 for terrorism. Three others - a man and two women - were also injured and remain in hospital. The terrorist, a [...]
November 29th, 2019 by financetwitter
As the grand plan to form a new "Malay only" government fails to take off, the opposition continues their search for new racial and religious issues to play. The intention is to ensure ethnic Malays keep on hating the ethnic Chinese. The fallen Barisan Nasional coalition, after losing the government [...]
November 27th, 2019 by financetwitter
It is not as easy as people think to start a business. The very first steps taken dictate failure or success. Also, there is a huge pressure put on the shoulders of the owner that can easily lead to poor decisions. Then, we also have to factor in the fact that there is no such thing as a foolproof p [...]
November 27th, 2019 by financetwitter
Made-in-China products were said to be of inferior quality. The Chinese goods were poorly manufactured because the Chinese businessmen have poor business ethics. Any products made in China were viewed as junks, fit only to be consumed by consumers from the third world countries who could not afford [...]
November 26th, 2019 by financetwitter
If you are currently practicing as a registered nurse and you want to take your next steps in your nursing career, but you are just not sure which way to go, then you are not alone. There are many different directions you could take and specialties you could focus on; the sheer amount of choice can [...]
November 26th, 2019 by financetwitter
Azmin Ali has dug a hole so deep that it's hard to see how he could survive. Not only is he trapped in the hole, his buddy-turn-nemesis Anwar Ibrahim has thrown a rope for him to hang himself. But he has only himself to blame. He becomes an arrogant scumbag upon being promoted as the Minister of Eco [...]
November 23rd, 2019 by financetwitter
The holiday season may have already started to some parents and their kids. Naturally, gadgets would be on the top of "items to bring" list. Those devices, however, are the beasts which are forever hungry for power. Everyone seems to bring along a pack or two of power banks nowadays. But even such p [...]
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