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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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May 19th, 2017 by financetwitter
Liberals and Muslims around the world must be scratching their heads, wondering if they had been taken for a fool all along. Trump's anti-Islam speeches were breathtaking. Trump's hatred against Muslims was legendary. Trump happily spoke against radical Islamic terrorist - three magic words - that n [...]
May 18th, 2017 by financetwitter
Donald Trump was (and is still) a businessman. And he's running the White House like a business corporation - hiring and firing - as if he's still running "The Apprentice" TV shows. Until recently, the stock markets were booming with Trump's business-friendly policies, more so after he proposed to c [...]
May 17th, 2017 by financetwitter
Bill Gates, the Microsoft co-founder and the world's richest man, never got a college degree. Not that he cares, but getting a degree wasn't his priority when most students would be fighting tooth and nail to get into Harvard. He met fellow student Steve Ballmer at Harvard. Unlike Ballmer who stayed [...]
May 16th, 2017 by financetwitter
State leaders of almost 30 countries - including Russian President Vladimir Putin and delegates from more than 100 countries - have agreed to work together to build roads, railways, ports and other key infrastructure in one of the world’s biggest economic project led by China. Representatives from [...]
May 15th, 2017 by financetwitter
When you login on Monday for work, and your computer happens to be running on older versions Microsoft's Windows such as Windows XP, chances are you could be staring at a screen screaming "pay me money to get your data back". Call it blackmail, extortion or anything you like, but there's no way you [...]
May 13th, 2017 by financetwitter
Oil has recovered slightly after the black gold hit US$44 a barrel last week - the lowest since August 2016. The sudden plunge on 5th May, however, had momentarily thrown OPEC into disarray and chaos. Saudi energy minister Khalid Al-Falih was forced to calm the market with an early warning that it i [...]
May 12th, 2017 by financetwitter
Donald Trump was frustrated not only because China was manipulating their currency so that Americans buy more cheaper Chinese products, but also because billions of US dollar earned by such unfair trade are being used to purchase American companies. While the Yankees had invaded China as part of Eig [...]
May 11th, 2017 by financetwitter
He had abruptly removed former acting Attorney General Sally Yates and former U.S. attorney Preet Bharara. On Tuesday, President Donald Trump terminated FBI Director James Comey, also in a similar fashion. The sudden sacking of Comey is a big deal because this is the second time a FBI director is f [...]
May 9th, 2017 by financetwitter
With great military power comes great responsibility. To the United States, however, aggression and responsibility are two interchangeable words used to suit their interests. When the U.S. Navy's Carrier Strike Group 1 (CSG1) was sent to the South China Sea, China screamed that it was a challenge to [...]
May 9th, 2017 by financetwitter
If you're a business owner, proper insurance will be needed so that you won't run into financial problems. Besides insurance for employees, a growing business should have a liability policy and coverage for the commercial property.
Liability
Professional liability insurance protects a bu [...]
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