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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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January 23rd, 2018 by financetwitter
We know that the rich is getting richer while the poor is getting poorer. We also know the world is unfair as far as wealth distribution is concerned. What we don't know is how serious the problem has gotten year after year. At the start of 2015, Oxfam had warned that 1% of the world’s population [...]
January 22nd, 2018 by financetwitter
What would happen if France holds a similar referendum like the Britain two years ago which caused the Brexit? The French, like fellow Britons, would "probably" vote to leave the European Union. That's the bombshell coming out from the horse's mouth - French President Emmanuel Macron during an inter [...]
January 21st, 2018 by financetwitter
Donald Trump marked the first anniversary of his inauguration with his government in shutdown mode. Essentially at midnight Friday, the U.S. federal government is partially shutdown after the Senate failed to reach a solution - the first government shutdown since 2013. If there's any consolation pri [...]
January 19th, 2018 by financetwitter
Apple's CEO Tim Cook doesn't like Donald Trump. It's not hard to understand why Mr. Cook (a liberalist) and Mr. Trump (a nationalist) don't see eye to eye - until now. The Apple chief had previously blamed the U.S. president as a white supremacist and a racist who promotes "hate and bigotry" in the [...]
January 18th, 2018 by financetwitter
During his 2016 election campaign, Trump routinely threatened to impose a 45% across-the-board tariff on Chinese goods. After a year on the throne, the U.S. president hasn't slapped any punishment on China, an economic power accused of consistently stealing U.S. IP (intellectual property) and jobs a [...]
January 18th, 2018 by financetwitter
Aged 64, Eric Tsang is an actor, director and popular emcee known for his bawdy persona. It doesn't need a feng-shui master to predict that 2018 will be a terrible year for the well-known Cantonese comedian from Hong Kong. From mainland China to the United States, the A-list Asian actor attracts th [...]
January 17th, 2018 by financetwitter
Bone-chilling cold gripped much of the central U.S. as 2018 began with a bang, breaking century-old records, icing over some New Year's celebrations. Before the fireworks, President Donald Trump mocked and insulted "global warming", something which he doesn't believe in and famously called it a sca [...]
January 16th, 2018 by financetwitter
China's military has been flexing its muscles in the South China Sea with no indication of slowing down. As Trump and Kim were busy engaging in a war of words fits only for kids, the distraction provides a great cover for Chinese to continue its island-building project in the region. After unilatera [...]
January 15th, 2018 by financetwitter
From physics and chemistry to cars and consumer products, Germany is a world leader in innovation. Few countries have contributed so much to science and technology as Germany. The simple fact that Germany had more Nobel Prizes in the sciences than any other nation speaks volumes about the country's [...]
January 15th, 2018 by financetwitter
In his New Year 2018 message to the United States, Kim Jong-un deliberately sent a nasty and provocative message to Donald Trump - "nuclear button is always on my desk". Trump retaliated that he has a bigger nuclear button. There's little doubt that the U.S. has a bigger stockpile of nuclear bombs a [...]
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