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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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April 18th, 2018 by financetwitter
You might have read how specially trained dogs could detect prostate cancer at an early stage. Cancer is the second leading cause of death globally, and was responsible for 8.8 million deaths in 2015. And depending on your country, cancer could be the biggest killer. Cancer is so deadly primari [...]
April 17th, 2018 by financetwitter
Like a broken record, Najib's paid cybertroopers, propagandists and bloggers are still drumming the same old song - that Chinese-based DAP (Democratic Action Party) is going to rule Malaysia if the ethnic-Malays do not vote for Malay-based UMNO (United Malays National Organisation), Malaysia's larg [...]
April 16th, 2018 by financetwitter
Business has been roaring for American shale producers. No matter how much and fast they drill, it appears they can't beat the Arabs, whose production cut works marvellously. Crude oil prices continue skyrocketing with extremely strong support at US$60 a barrel. Global inventories have plunged. OPEC [...]
April 16th, 2018 by financetwitter
The just concluded military strike in Syria is perhaps one of rare bombardments where both attacker and defender came out celebrating. Both sides claim victory, and it's not hard to understand why. In spite of raining more than 100 smart cruise missiles, initial report said only three people were in [...]
April 14th, 2018 by financetwitter
When U.S. President Donald Trump ordered the attack by sending 59 Tomahawk missiles on a Syria military air base last year, Russian President Vladimir Putin was reportedly furious. Considering that the Russians were given ample notice to evacuate before the military strike, it was most likely a dr [...]
April 14th, 2018 by financetwitter
They're both billionaires, but their similarities end there. President Donald Trump and investor Warren Buffett are not friends, and chances are they won't become friends. They're simply too incompatible. Both Trump and Buffett have very different business philosophy, let alone political belief. Tr [...]
April 13th, 2018 by financetwitter
When it comes to managing global and cross-border businesses, the management of your supply chain is absolutely crucial.
The supply chain, which essentially refers to the numerous processes associated with producing and ultimately distributing a commodity, has a huge bearing on your bus [...]
April 13th, 2018 by financetwitter
In anticipation of an imminent missile strike by U.S.-led coalition, the crude oil price skyrocketed. The Dow Jones plunged more than 200 points. British Prime Minister Theresa May has ordered British submarines to move within missile range of Syria. U.S. President Trump has cancelled his schedule [...]
April 12th, 2018 by financetwitter
Call it redemption or whatever you like. Taking a page from Malaysian Prime Minister Najib Razak, the Crown Prince of Johor - Tunku Ismail Sultan Ibrahim - shows the meaning of "Cash is King". Splashing over a million ringgit, the prince received rounds of applause by shoppers at Aeon Mall supermark [...]
April 11th, 2018 by financetwitter
Trump has finally struck Putin where it hurts the most. On Friday (April 6), the powerful U.S. Treasury Department slapped sanctions against Russia. As a result, 7 Russian oligarchs, 12 businesses and 17 government officials were put on the Treasury's Specially Designated Nationals (SDN) list. Effec [...]
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