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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 27th, 2018 by financetwitter
Mahathir almost didn't make it. The urbanites - regardless of ethnic-Chinese, ethnic-Malay or ethnic-Indian - understood ex-prime minister Najib Razak's thievery in 1MDB scandal. There was little doubt that those educated urban people were anxious to vote Najib out. The rural people, especially the [...]
June 26th, 2018 by financetwitter
Australia is one of foreign countries which many perceive to be squeaky clean, at least its Southeast Asia neighbour thought so. It was quiet a news when Prime Minister Malcolm Turnbull accused the alternative prime minister, Bill Shorten, of taking "backhanders" when he was a trade union supremo. B [...]
June 25th, 2018 by financetwitter
China, if not stopped in time, will absolutely become the world's new leader in technology. It's a public knowledge that China is working tirelessly to catch up with rivals like the United States and Germany in high-end technology. Enter "Made in China 2025" - a strategy plan to move the country's m [...]
June 24th, 2018 by financetwitter
Home Minister Muhyiddin Yassin and Inspector-General of Police (IGP) Mohamad Fuzi Harun have each struck gold again. As the new government moves forward to a new "Malaysian Malaysia", it appears the extremely corrupted institution - Royal Malaysia Police - has continued to prove that it's the most i [...]
June 24th, 2018 by financetwitter
Exactly how much OPEC will increase the oil production is still a question mark. However, OPEC ministers announced a deal that is likely to add around 600,000 to 800,000 barrels a day to the market. That would be the first increase oil supplies from the producer group ever since the cartel cut prod [...]
June 22nd, 2018 by financetwitter
One of the most gratifying things in the world is to work for yourself. Owning your own business, while it can be stressful, is meaningful because the effort you put in helps you personally, rather than building something for someone else.
The key is that you must choose something that [...]
June 22nd, 2018 by financetwitter
The rivalry between Saudi Arabia and Qatar appears to have entered a point of no return. For more than a year, a Saudi-led bloc has staged a boycott of Qatar, accusing the tiny but gas-rich Persian Gulf state of sponsoring terrorism and committing other menaces. However, Qatar has proven to be a to [...]
June 21st, 2018 by financetwitter
Make America Great Again, or simply MAGA, was Donald Trump's 2016 presidential campaign slogan. It was a great success. Defying all odds, Trump emerged as the 45th President of the United States of America. About 15,000-km away, Najib Razak, whose obsession with American presidents is an open secret [...]
June 21st, 2018 by financetwitter
Donald Trump's favourite game of forcing China into obedience is slapping tariffs on Chinese goods. Like it or not, the U.S. president will most likely win the game simply because Beijing enjoys US$375 billion trade surplus with the U.S. Trump has repeatedly highlighted China's US$375 billion surplu [...]
June 20th, 2018 by financetwitter
On May 15, just five days after the inauguration of Mahathir Mohamad as the world's oldest prime minister, Daim Zainuddin fired a warning shot. He said it would be foolish for Anwar Ibrahim to be made prime minister immediately upon returning to parliament. The warning shot was aimed at Anwar, and n [...]
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