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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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October 24th, 2018 by financetwitter
We know Ahmad Zahid Hamidi was a thug. Not only the Java-migrant was a gangster, he was also a bloody coward mugger. That explains why his family, obviously terrified and panicked after being slapped with 45 charges, had resorted to coaching his own 9-year-old granddaughter Sofee to unleash threats [...]
October 23rd, 2018 by financetwitter
Hishammuddin Hussein, the cousin of disgraced ex-premier Najib Razak, has been keeping a low profile since the corrupt Barisan Nasional government he was part of lost its power in May polls. While his colleague, ex-deputy PM Zahid Hamidi, eagerly wanted the UMNO presidency, Mr. Hishammuddin cleverly [...]
October 22nd, 2018 by financetwitter
Armed with 49 seats in parliament and 4-million votes in the May 9th general election, UMNO should theoretically be a force to be reckoned with. Although the Malay Nationalist party had lost its power for the first time in 61 years, it has nevertheless become the biggest opposition party. UMNO could [...]
October 20th, 2018 by financetwitter
In what appears to be yet another U-turn, President Donald Trump acknowledged that Jamal Khashoggi is likely dead. And the president has once again said he will consider "very severe consequences" for the oil rich U.S. ally Saudi, reversing his earlier defence of the House of Saud that news media we [...]
October 19th, 2018 by financetwitter
Zahid has finally been charged with multiple criminal breach of trust (CBT), abuse of power and money laundering, and he is already looking at 45 charges altogether. But this is just the beginning for the UMNO president. The authorities have not even slapped him with charges related to 1MDB yet. It [...]
October 18th, 2018 by financetwitter
Initially, Trump promised "severe punishment" for Saudi Arabia if the United States determined that Saudi agents were responsible in the gruesome murder of journalist Jamal Khashoggi. But in a sudden twist, the U.S. president has since suggested an alternative theory - rogue killers, not Crown Princ [...]
October 18th, 2018 by financetwitter
Among the four component parties of the new Pakatan Harapan government, it appears only DAP is extremely concerned about the risk of becoming a devil itself. After 61 years of fighting the evil Barisan Nasional (BN) government, the Democratic Action Party (DAP) realises that its May 9th victory at o [...]
October 17th, 2018 by financetwitter
Jamal Khashoggi had probably died a horrible death. According to a Turkish source who has listened in full to an audio recording of the Saudi journalist's last moment, Khashoggi was dragged from the Consul General’s office at the Saudi consulate in Istanbul. Revealed by Middle East Eye portal, ho [...]
October 16th, 2018 by financetwitter
China has always wanted a corrupt leader such as Najib Razak to lead Malaysia for obvious reason. A crook such as ex-premier Najib could easily be bribed, controlled and manipulated. Likewise, neighbouring Singapore also loved Najib, so much so that its founding father Lee Kuan Yew took the trouble [...]
October 16th, 2018 by financetwitter
Building an ecommerce business can be a rush, but there are more challenges to overcome and more businesses to build. If you want to go on to your next opportunity, you may need capital to get started. Since you own a business, why not make money from the sale of your business to get the capital you [...]
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