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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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March 14th, 2018 by financetwitter
Pennsylvania's 18th Congressional District should be an easy meat for President Donald Trump and Republicans. After all, this is the same district where Trump won by about 20 points in 2016. But as stunning as his victory in the 2016 Presidential Election, Trump finally gets a taste of a loss - a st [...]
March 14th, 2018 by financetwitter
In what appears to be a rerun of Malaysia-vs-North Korea episode, Britain has threatened to take action against Russia for allegedly unleashing chemical attack on former Russian spy Sergei Skripal and his daughter Yulia in Salisbury. Theresa May had earlier issued Russian President Vladimir Putin 24 [...]
March 13th, 2018 by financetwitter
Unless you've been living under a rock this year, you should know that Saudi billionaire Alwaleed has been released. Prince Alwaleed bin Talal was released in January, more than 2 months after he was taken into custody in a sweeping crackdown on corruption. A senior Saudi official said Alwaleed was [...]
March 13th, 2018 by financetwitter
There's a reason why President Donald Trump loves the Philippine President Rodrigo Duterte. He has very little respect for human rights, especially scumbags like illegal drug addicts and pushers. Trump also likes the way Duterte handles so-called international organizations such as the United Nation [...]
March 12th, 2018 by financetwitter
Indonesia used to be one of the most corrupt countries in the world. Foreigners were advised to do themselves a favour by attaching money notes with their passports for ease of clearance at immigration counters. The corruption in Indonesia was both frightening and entertaining at the same time. And [...]
March 11th, 2018 by financetwitter
An unexpected but wonderful event is about to happen in May. Nobody had expected "Dotard" Trump would meet "Rocket Man" Kim. After all, it was only months ago when the world was on the verge of its first nuclear war. It was unthinkable that two alpha-male - Donald Trump and Kim Jong-un - would greet [...]
March 9th, 2018 by financetwitter
Wan Ahmad Najmuddin Mohd is one of Malaysian top police chiefs. He's the director of CID (Criminal Investigation Department) in charge of 11 branches - from internal affairs to secret societies to Interpol. Naturally, CID is one of the most powerful departments in the Royal Malaysia Police force, no [...]
March 8th, 2018 by financetwitter
Are you sick and tired of those super-rich who keep saying wealth is not the key to happiness? In truth, only the rich will say health or love is more important than wealth. The poor will never say that. It's very easy to prove this argument - tries cutting off your revenue stream (it could be quitt [...]
March 7th, 2018 by financetwitter
On paper, Cohn seemed to be the perfect choice for Trump. The U.S. president called Gary Cohn his "top economic adviser". That song of praise alone would melt even anti-Trump haters. However, in reality, both Cohn and Trump were just too different in terms of ideology and foreign policy. Hence, the [...]
March 6th, 2018 by financetwitter
Upon instruction from the Malaysian Communications and Multimedia Commission (MCMC), "Malaysia Today" portal has finally removed 3 articles it had published about billionaire Robert Kuok. The fact that the owner of the portal - Raja Petra Kamarudin, widely known as RPK - obediently removed them spea [...]
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