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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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November 22nd, 2019 by financetwitter
It's always fun to "eat, drink and be merry" with family, friends and loved ones. However, it's important to note that you can't do these things for free. Someone will get hungry or want to enjoy an activity. While there are ways to cheat the system, it's always great to keep a few bucks on hand for [...]
November 20th, 2019 by financetwitter
Mahathir should not have had sent a boy to do a man's job. Azmin Ali, his errand boy recruited to weaken the position of prime minister-in-waiting Anwar Ibrahim, has been caught not only engaging sexual activity with another man but was also sued by a travel agency over unpaid family holidays. That [...]
November 19th, 2019 by financetwitter
Would you find surprising to learn that 75% of businesses are underinsured? What’s more, 40% of the total of small businesses don’t have any insurance. Some entrepreneurs choose not to insure their businesses because they try to save money, but they don’t know that in the long run its lack lea [...]
November 19th, 2019 by financetwitter
Investors, speculators and punters were cheering as the U.S. stocks hit fresh record highs on Friday on hopes for a US-China trade deal despite mixed economic data. The Dow Jones Industrial Average (DJIA) holds above 28,000 points on Monday, after the index hit the level for the first time after po [...]
November 18th, 2019 by financetwitter
Much has been said in the press about the oversupply of doctors. Nearly all believe that this is a bad thing for the country. However, they fail to realise that this situation arose due to the government not spending on needed infrastructure such as hospitals and schools for the common man and inste [...]
November 17th, 2019 by financetwitter
More than 3 weeks ago (Oct 21), FinanceTwitter had already predicted a humiliating defeat for Prime Minister Mahathir Mohamad in the Tanjung Piai by-election (click here to read the article). The official result is out - opposition Barisan Nasional has beaten Pakatan Harapan with a jaw-dropping majo [...]
November 15th, 2019 by financetwitter
Aramco is the world's largest oil company. It is also currently the most profitable company in the world, and based on the 2019 listing by Fortune, the company's profitability is almost double that of Apple. As a private organization that produces about 10% of the world's crude oil, Aramco's revenu [...]
November 13th, 2019 by financetwitter
There are dozens of reasons why Mahathir has been flip-flopping from his initial promise to step down after serving 2 years as interim prime minister. First, the 94-year-old premier said he would honour an agreement by the four partners of the Pakatan Harapan (PH) alliance to step down after two y [...]
November 12th, 2019 by financetwitter
Some 6 months after Trump administration officially banned Huawei, the Chinese tech company is still alive and kicking. Even though the war is not over, the battle has been well fought. During this period, key U.S. components and software like Google’s Android operating system, Synopsys' semico [...]
November 12th, 2019 by financetwitter
Malaysia has now joined the likes of Bangladesh, Ghana, Costa Rica and neighbour Thailand after the U.S. Federal Aviation Administration (FAA) unexpectedly downgraded the country's air safety rating to Category-2. Effectively, airlines from the Southeast Asian nation are not allowed to add new fligh [...]
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