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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 21st, 2018 by financetwitter
It appears that under the new Mahathir government, racism and extremism have not improved at all. As a matter of fact, it has taken a turn for the worse, if the latest racist remark spewed by a man who goes by the Facebook profiles of "Edi Rejang" is any indicator. Not only the man was racist, he al [...]
November 20th, 2018 by financetwitter
After a record 12-session consecutive declines, oil prices finally finished higher on Wednesday last week. But it could only crawl up for 3 days before giving up. That's not a very convincing bull after the black gold plunged about 25% since early October, essentially entering the bullish market. Th [...]
November 18th, 2018 by financetwitter
UMNO President Ahmad Zahid Hamidi appears to be extremely panicked. After being slapped with 45 charges - a record so far, even more than ex-PM Najib Razak - of criminal breach of trust (CBT), accepting bribes and money laundering, you can bet your money that he would be the first to go to Sungai Bu [...]
November 17th, 2018 by financetwitter
Najib son of Razak continues to show he is still the boss, despite being charged at the Session Court today. The defiant crook deliberately refused to enter the "dock" during the case management over his 25 charges of graft and money laundering relating to transactions amounting to RM2.3 billion lin [...]
November 16th, 2018 by financetwitter
Dr Mahathir Mohamad, the Prime Minister of Malaysia, pledged to fix some problems which prevent or discourage Malaysians abroad from returning home during his visit to Singapore to attend the 33rd Asean Summit. As a medical doctor himself, the premier specifically mentioned complaints by well-quali [...]
November 16th, 2018 by financetwitter
In the last 6 months from April to September, Facebook reveals that it removed over 1.5 billion fake accounts. That's up from 1.3 billion accounts it removed in the previous six months. That speaks volumes just how widespread false content and accounts are on the social media platform. Yet, when it [...]
November 15th, 2018 by financetwitter
Dr. Maszlee Malik was never meant to become the Education Minister of the new government that brought down the previous corrupted Barisan Nasional government. Prime Minister Mahathir Mohamad wanted the portfolio for himself. Mahathir was actually the first Education Minister - not Maszlee - of the n [...]
November 15th, 2018 by financetwitter
The result is out for the Global University Employability Ranking 2018. Going to college or university doesn't guarantee you for the job or career you desire. Hence, many students around the world could not find a job upon graduation. It is definitely a sad moment, not to mention a humiliating situa [...]
November 14th, 2018 by financetwitter
After Malaysia's 14th general election on May 9, 2018, the joke at coffee shops has been that the easiest way to spot and catch a corrupt politician from the previous Barisan Nasional government is to look at how fat they are. Their level of obesity is the measurement of how much the corrupt officia [...]
November 14th, 2018 by financetwitter
Attending the 33rd ASEAN Summit, Mahathir Mohamad, the world's oldest prime minister has been having fun condemning everyone he does not like - including Myanmar’s Aung San Suu Kyi and US President Donald Trump. But the biggest culprit the 93-year-old Prime Minister of Malaysia has criticised was [...]
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