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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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January 30th, 2019 by financetwitter
By hook or by crook, Najib Razak had to meet Donald Trump before calling a snap election, which had to happen on or before 24 August, 2018. So, after paying millions of taxpayers' money to lobbyists, accommodation at Trump International Hotel, flight expenses, food, laundry and whatnot, Najib finall [...]
January 29th, 2019 by financetwitter
Youth and Sports Minister Syed Saddiq, in his attempt to suck up to his boss - PM Mahathir Mohamad - appear to have made a fool of himself after the International Paralympic Committee (IPC) stripped Malaysia of the right to host the 2019 World Para Swimming Championships, scheduled to be held in Ku [...]
January 28th, 2019 by financetwitter
As expected, the new Pakatan Harapan government fails to snatch the Cameron Highlands parliamentary seat from Barisan Nasional. On Saturday (Jan 26), Barisan's Ramli Mohd Nor became the first indigenous "Orang Asli" to be elected as a Member of Parliament. He won the seat with a 3,238-vote majority [...]
January 25th, 2019 by financetwitter
Federal charges have been made against three additional women in a Maryland case involving multi-million investment fraud. The supposed sales and marketing company attempted to defraud investors across the United States and the world by using binary options, which were fraudulently sold and marketed [...]
January 25th, 2019 by financetwitter
Venezuela, a country that has produced truckloads of beauty pageants in the past, is now entering a new crisis. Superpower United States of America had finally made its move to recognise the opposition leader Juan Guaidó as the country's interim president, a move that could plunge the nation into [...]
January 24th, 2019 by financetwitter
There is one glaring issue since the arrest of China tech giant Huawei's CFO by the Canadian authorities on Dec 1, 2018 in Vancouver, Canada, apparently at the request of the U.S. for allegedly breaking U.S. imposed sanctions on Iran. From the beginning, the arrest screams "politically motivated" be [...]
January 23rd, 2019 by financetwitter
The clock is ticking and the U.S. has finally informed the Canadian government of its intention to proceed with a formal request to extradite Meng Wanzhou, otherwise known as Sabrina Meng or Cathy Meng. The daughter of Huawei’s founder Ren Zhengfei was arrested on Dec 1, 2018 in Vancouver, Canada, [...]
January 22nd, 2019 by financetwitter
Malaysia is consists of Peninsular Malaysia and East Malaysia (also known as the Malaysia Borneo). The East and Peninsular are separated by the South China Sea. Perhaps it's a blessing in disguise that travelling to Indonesia (Sumatra) from Peninsular is easier and faster than flying to Sabah and Sa [...]
January 22nd, 2019 by financetwitter
Small businesses often require influxes of money at short notice. Sometimes they cannot survive 3 to 4 weeks to secure a traditional business loan. As a small business owner, you may wonder how you can secure a business loan in a matter of days or hours. Fortunately, there are many quicker alternati [...]
January 21st, 2019 by financetwitter
Malaysian drivers are infamous for their reckless driving and more often than not, transform into "speed demons" the moment they are in command of the steering wheel. Cutting queues, beating traffic lights, honking at everybody, switching lanes abruptly, showing middle fingers and refusal to use ind [...]
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