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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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February 21st, 2018 by financetwitter
Tower Hamlets Metropolitan Police Service tweeted - “Please do not contact us about the #KFCCrisis - it is not a police matter if your favourite eatery is not serving the menu that you desire.” So what is happening in United Kingdom that the public saw it fit to call the police, as if it was s [...]
February 21st, 2018 by financetwitter
Donald Trump is learning the hard way that as the POTUS, he isn't actually the most powerful man on planet Earth. That title, arguably, could easily belong to Vladimir Putin or Xi Jinping, or even the notorious Kim Jong-un. As the Commander-in-Chief, his commands to launch nuclear strikes on North K [...]
February 16th, 2018 by financetwitter
Don't be surprised when your dad or mom happily tells you that Prime Minister Najib Razak had called to wish them "Gong Xi Fa Chai". As Malaysian ethnic-Chinese, like the rest of Chinese around the world, prepare for a family reunion dinner, Najib regime didn't waste whatever little time left solici [...]
February 15th, 2018 by financetwitter
Brent crude oil is struggling to stay above US$60 while WTI crude oil has already gone below that level. It's a matter of time before this psychology level is tested. When the Brent couldn't hold above US$60 a barrel anymore, all hell will break loose. It took Brent 42 days to skyrocket from US$62 t [...]
February 13th, 2018 by financetwitter
Kim Jong-un's brutality is legendary. From siccing wild dogs on his own uncle to gunning down his enemies with anti-aircraft guns beyond recognition, the North Korean dictator has a trademark of using terrifying but creative methods to kill. But when it comes to his most trusted sister, 30-year-old [...]
February 12th, 2018 by financetwitter
In December 2017, about 6 months after China automaker Geely agreed to acquire 49.9% stake in Malaysia home-grown but ailing carmaker Proton, 28 top Proton dealers were taken on a trip to visit Zhejiang Geely Holding Group Co Ltd in China. The 28 Proton's top sales and service centre owners were bot [...]
February 9th, 2018 by financetwitter
What do number 666, 1175 and 1032 numbers have in common? They're obviously nice number for punters wishing to strike jackpot at 4D betting outlets. As the Chinese Lunar New Year is around the corner, perhaps placing a small bet on those numbers isn't a bad idea after all. But in the U.S. stock mark [...]
February 8th, 2018 by financetwitter
The Friday-Monday stock markets crash should serve a reminder to investors and speculators about the basic fundamental of investing - whatever goes up must comes down - eventually. As experts and economists are now locking horns debating whether the stocks have seen the worst of it, or this could be [...]
February 7th, 2018 by financetwitter
Commander-in-Chief Donald Trump has given an order to the United States' highest-ranking officials. Nope, he is not about to launch a nuclear attack on defiant North Korea. But if he couldn't get the satisfaction of bombing his biggest rhetoric enemy, Kim Jong-un, at least he wants to show off Ameri [...]
February 6th, 2018 by financetwitter
Where is Donald Trump when we need him the most (*grin*)? Shouldn't he take credit for the market plunge, the same way he bragged about a bull run under his watch? Obviously even the U.S. president couldn't stop a flash crash, as what happened on Black Monday. After Friday's 666 points crash, Monday [...]
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