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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 3rd, 2018 by financetwitter
Long before the trade war exploded between China and the United States, both superpowers have already engaged in military conflicts, thanks to tensions in the South China Sea. The current trade war only makes the military tensions in the region worse. As usual, the military superpower U.S. repeatedl [...]
October 2nd, 2018 by financetwitter
If you think the Sikh community is easy meat and you can insult their sacred headgear while hiding behind the British law, you are digging your own grave. Raja Petra Kamarudin (RPK), the owner of Malaysia Today portal, has found out that unlike the minority Chinese community whom he has been insulti [...]
October 1st, 2018 by financetwitter
UMNO's General Assembly, it's first since the Malay nationalist party lost the federal government in the May 9 general election, has come to its end. This could be the party's last assembly before it disintegrates - ending its journey of corruption, racism and extremism. All is not well with the par [...]
September 28th, 2018 by financetwitter
Which part of "UMNO is Game Over" that UMNO President Ahmad Zahid Hamidi and his lieutenants don't understand? As far back as May, just days after Pakatan Harapan took over as the new Government of Malaysia, Prime Minister Mahathir Mohamad has announced the rejection of a suggestion that UMNO will j [...]
September 27th, 2018 by financetwitter
Muslim pilgrims will have another reason to rejoice when they fly to Saudi Arabia - HSR (high-speed rail). King Salman has just launched the 450km (280-mile) Haramain High-Speed Rail System linking Mecca and Medina - Islam's two holiest cities - via the Red Sea coastal city of Jeddah on Tuesday. It [...]
September 26th, 2018 by financetwitter
It's not everyday that Johor Ruler Sultan Ibrahim gets really mad. So, when he jumps up and down demanding a head to roll, it raises eyebrows. This is perhaps the first time the monarchy goes berserk since the downfall of previous Barisan Nasional ruling government, a defeat which not even the Sulta [...]
September 25th, 2018 by financetwitter
In what appears to be Beijing's tightening grip over Hong Kong, it's only autonomous territory that practices democracy, pro-independence political party - Hong Kong National Party - has been banned. A notice from Hong Kong's security minister says - “I hereby order that the operation or continued [...]
September 24th, 2018 by financetwitter
Ahmad Zahid Hamidi is perhaps the most cowardly-president UMNO has ever produced. It's one thing to be clueless and directionless but a totally different thing to be a coward. If you still couldn't tell the difference, here's an example. President Donald Trump is a clueless and directionless leader, [...]
September 24th, 2018 by financetwitter
China's OBOR (One Belt, One Road) initiative appears to be in jeopardy ever since the stunning defeat of Malaysian Prime Minister Najib Razak, whose pro-Chinese policy was used by his mentor-turned-nemesis Mahathir Mohamad to attack him. However, Najib's pro-Chinese is not to be mistaken with his d [...]
September 23rd, 2018 by financetwitter
Almost all of travellers would seek online opinions before making a decision to splash money on a trip, or even on breakfasts offered by certain hotels. That's when they go and read reviews. Holidaymakers would most often than not influenced by positive reviews. Unfortunately, not all reviews are ge [...]
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