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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 1st, 2017 by financetwitter
If you think Luigi Brugnaro, the Mayor of Venice, is a badass for telling Italian police to shoot anyone shouting "Allahu Akhbar", chances are you haven't met Duterte. Philippine President Rodrigo “Rody” Roa Duterte, who's also known as the "Dirty Harry" of the east, is notorious for his mission [...]
August 30th, 2017 by financetwitter
Less than 1 week after U.S. Secretary of State Rex Tillerson praised North Korea for showing "restraint" in its weapons program, the hermit kingdom fired a series of 3 short-range ballistic missiles - deliberately launched in the midst of the U.S. and South Korea's annual military exercises. At firs [...]
August 27th, 2017 by financetwitter
Angela Merkel is seeking her fourth term as the Chancellor of Germany and is still the favourite to win the September 24 election. In the eastern town of Quedlinburg on Saturday, she tried to engage the voters but unfortunately the people just couldn't forget the type of damage Merkel has brought to [...]
August 26th, 2017 by financetwitter
Najib Razak, after spending millions of dollars lobbying, has finally secured a face-to-face audience with Donald Trump. We can pretty much predict the outcome of the meet-up, scheduled on September 12, about 2 weeks from now. This is perhaps the biggest victory to the Malaysian prime minister, ever [...]
August 25th, 2017 by financetwitter
Once again European Union is facing backlash from the public after last week's Barcelona terror attack - where 14 people died being run down by a rented van. The EU elite leaders have no solution for the problem them created - multiculturalism - no matter how much they adopt religious tolerance towa [...]
August 24th, 2017 by financetwitter
China is a nation of endless possibilities. So be careful who you might offend. As a woman driver found out the cruel way, even security guards could give you a lesson you won't forget for the rest of your life. The woman was trying to leave a residential estate in Benxi, Liaoning province, on Tuesd [...]
August 23rd, 2017 by financetwitter
There were rounds of applause from Chinese netizens after the supposedly powerful and invincible U.S. Navy plunged into crisis. The collision of USS John S. McCain with an oil tanker Alnic MC east of Singapore early Monday was the second of such incident after the USS Fitzgerald collided with a co [...]
August 22nd, 2017 by financetwitter
When North Korea chickened out and called off its threat of firing at least 4 missiles on Guam, an attempt to supposedly surround the U.S. territory with "fire", not many believed it was China that had succeeded in cooling off the crisis. Thanks to Western mainstream media, majority believed it was [...]
August 21st, 2017 by financetwitter
Unveiled earlier this year at the Detroit Auto Show, the Volkswagen I.D. Buzz Concept Bus - or simply Microbus - has been receiving tons of support from people who had great experience with the vehicle, which the company sold in North America between 1950 and 1980. People want it back, hence, VW ha [...]
August 19th, 2017 by financetwitter
Lately, many have started to wonder and worry if they’ve saved up enough for retirement. This is understandable, as the cost of living in the U.S. has started to increase while earnings often remain the same. While you should most certainly make an effort to save up for retirement, know that it’ [...]
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