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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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September 20th, 2017 by financetwitter
President Donald Trump shows the world who's the boss who pay the bill in his first address to the United Nations General Assembly. As the largest contributor of U.N. operating expenses, the president told the world body to reform to "Make the United Nations Great" - but not "again" - suggesting tha [...]
September 19th, 2017 by financetwitter
Some were terrified when North Korea fired a ballistic missile over their head. Some were excited to see if U.S. would finally launch a pre-emptive military strike. But very few ask the burning and critical question - why didn't the military superpower U.S. shoot down Fatboy Kim's missile? The real [...]
September 19th, 2017 by financetwitter
Something is terribly wrong with the way economic sanctions are being slapped on North Korea. When it comes to dealing with North Korea's nuclear weapons program, international community especially the United Nations and the United States hope sanctions are a useful tool to bring Kim Jong-un to [...]
September 18th, 2017 by financetwitter
Theresa May might be the British prime minister post-Brexit. But her heart and soul appear to be still with European Union even after Britons had voted to get out of the expensive club. After all, like her predecessor, her pro-EU stance was a public knowledge. And the last thing that she could do be [...]
September 17th, 2017 by financetwitter
The next time you go to the famous but pricey toy store - Toys "R" Us - don't be surprise if you couldn't find one. Even if you manage to find the store, chances are there could be lesser toys than usual, or worse still, rows of empty shelves. You could either rush for whatever toys leftover which y [...]
September 17th, 2017 by financetwitter
After Fatboy Kim successful fired an intermediate-range missile - for the second time - over Japan reaching the distance of 3,700 kilometres (2,300 miles) and a maximum height of 770 kilometres (478 miles), it was pretty much game over. Guam is now within range of a North Korean missile strike. If t [...]
September 16th, 2017 by financetwitter
On the same day Fatboy Kim Jong-un fired a missile over Japan powerful enough to strike U.S. military base Guam, Britain is being hit by yet another terror attack. An explosion at London Tube station during Friday morning's rush hour has so far injured 23 people. The blast sent a "fireball" and a "w [...]
September 15th, 2017 by financetwitter
South Koreans have gotten used to it. But it's a totally different game to the Japanese. During the World War II, terrified people would rush for cover as blaring sirens signalled incoming Imperial Japanese Army's bombardment. Now, the role is reversed. Millions of terrified Japanese were rudely awa [...]
September 15th, 2017 by financetwitter
Javanka - referring to Jared Kushner and Ivanka Trump - has tons of fanatic followers across China. They're a role model couple to young and ambitious Chinese women. But both individuals are also very controversial figures in their own country. The fact that both Jared and Ivanka are senior advisers [...]
September 14th, 2017 by financetwitter
Trump has proven that the United States of America can be bought - if the price is right. And that's incredibly shameful considering the U.S. has been foaming at the mouth fighting for democratic values and human rights, while at the same time against corruption and money laundering as contained in [...]
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