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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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June 11th, 2019 by financetwitter
China just revealed that its overall trade surplus registered US$41.65 billion last month (May 2019) - despite ongoing trade war with the U.S. That's a mind-boggling number as economists polled by Reuters had expected the country to post an overall trade surplus of only US$20.5 billion. Instead of f [...]
June 10th, 2019 by financetwitter
Latheefa Koya, the first female Chief Commissioner of MACC (Malaysian Anti-Corruption Commission), was appointed by the "Yang di-Pertuan Agong (King)" on the advice of the Prime Minister of Malaysia. It would be the biggest joke of the century if 93-year-old PM Mahathir Mohamad goes back to the king [...]
June 9th, 2019 by financetwitter
A warship from a U.S. aircraft carrier strike group and a Russian destroyer nearly collided in the Philippine Sea on Friday (June 7). The USS Chancellorsville, a Ticonderoga-class cruiser, and the Russian Udaloy-class destroyer Admiral Vinogradov (DD572) came within 50 to 100 feet with each other - [...]
June 8th, 2019 by financetwitter
Pork prices in China have been hitting the roof thanks to highly contagious African swine fever. Because there is no vaccine or treatment for this disease, the only option is to exterminate the infected pigs. More than 1-million pigs have been slaughtered so far. Between February and April, prices o [...]
June 6th, 2019 by financetwitter
With the exception of opposition leaders, all of whom were corrupt crooks during the previous Barisan Nasional (BN) coalition government, everybody seems to welcome the unexpected appointment of Latheefa Beebi Koya as the 5th Chief Commissioner of Malaysian Anti-Corruption Commission (MACC) - the co [...]
June 4th, 2019 by financetwitter
Oil prices' free fall has temporarily stopped - after Saudi Arabia hinted that the OPEC cartel would let its production cut stays for a while. Nevertheless, there has been chaos and panic among oil producing countries in recent days. In just 3 days (Thursday to Monday), the crude oil plunged from ab [...]
June 4th, 2019 by financetwitter
The NFCorp began in 2006 when AISB (Agro-based Industry contracted Agroscience Industries Sdn Bhd) was contracted by the Ministry of Agriculture to develop an integrated livestock farming and beef production facility. The objective was to boost and achieve nation’s beef self-sufficiency. AISB then [...]
June 2nd, 2019 by financetwitter
Donald Trump believes strongly that "tariff" is his most powerful weapon against China, and other countries for that matter, for refusing to kowtow to the supremacy of America. The weaponization of tariffs was used to the extreme on Chinese goods. When Beijing refused to surrender, the U.S. blacklis [...]
May 31st, 2019 by financetwitter
What former Inspector-General of Police (IGP) Mohamad Fuzi Harun could not do in 1 year since the new government took over, it seems the new IGP Abdul Hamid Bador could probably do in 1 month. The new police chief has just dropped the strongest hint that luck might be running out for chubby Jho Low, [...]
May 30th, 2019 by financetwitter
Having a side gig will help you boost your income for sure, but as you anticipate, it will be eating up most of your time. Juggling with a 9 to 5 job and another gig will keep you busy 24/7. So, what solutions do you have here? You can look closer into side income-generating investment ideas and tip [...]
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