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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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March 23rd, 2017 by financetwitter
Germany, France and United Kingdom were three musketeers in European Union who used to speak against their own people in favour of Muslim refugees / migrants. Anyone who spoke badly about Muslims or Islam would be called a racist. To be labelled a racist is worse than being a rapist. Perhaps that ex [...]
March 22nd, 2017 by financetwitter
At a time when 33% Americans say they would have trouble coming up with an emergency US$2,000, any sign of economy trouble is devastating. For the first time since the U.S. 2016 Presidential Election, markets have slammed the brake for an emergency stop when the Dow Jones dropped 237.85 points, or 1 [...]
March 21st, 2017 by financetwitter
After signing a revised executive order banning foreign nationals from 6 Muslim-majority countries from travelling to the United States for 90 days, Trump administration now has a new surprise for travellers from Muslim countries. Up to 10 airports from 8 Muslim-majority countries will be affected b [...]
March 21st, 2017 by financetwitter
Denmark is no longer the world's happiest country. From fourth place last year, Norway has jumped to take over the place as the new happiest nation on planet Earth. Three-time winner Denmark was bumped to second place. Of the 155 countries ranked; Rwanda, Syria, Tanzania, Burundi and Central African [...]
March 21st, 2017 by financetwitter
An EIN, or Employer Identification number, serves as the tax ID for a variety of businesses, corporations, and organizations. Here are some advantages of filling for your EIN online:
Speed: One of the major benefits to obtaining your EIN online is speed. You can apply for an EIN online [...]
March 20th, 2017 by financetwitter
The annual meeting of 20 finance ministers from the world's top 20 leading economies this year has raised millions of eyebrows. The traditional scripts would normally see a pledge supporting globalization and free trade, while opposing all forms of tariffs and rejecting protectionism. Just when glob [...]
March 19th, 2017 by financetwitter
Trump warned Beijing that he would slap tariffs up to 45% on import from China. Xi Jinping asked the U.S. president what he wants. Washington said they want Beijing to stop its neighbour's fat boy from playing with nuclear and missiles. The Chinese argued they can't tell the naughty boy what to do i [...]
March 18th, 2017 by financetwitter
Cathay Pacific, the flag carrier of Hong Kong, is in trouble. Headquartered at Hong Kong International Airport, Cathay used to be the world's best airline. From in-flight entertainment to kids' meals to friendly staff to lounges, everything was awesome. That's because they charge awesome price to fl [...]
March 17th, 2017 by financetwitter
President Trump's revised 90-day travel ban on 6 Muslim-majority has been blocked by some judges who still think the president's executive order is discriminating Muslims, despite presented with justification and proof that 72 individuals from the seven countries covered in Trump's initial executive [...]
March 17th, 2017 by financetwitter
When comes to battle tank, American-made M1 Abrams tank is always compared to Russian-made T-90. In terms of weight, 63-metric tons M1 Abrams is definitely a heavyweight against the lighter 48-tons T-90. Unless the U.S. goes to war with Russia, which is highly unlikely, we'll never know which tank i [...]
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