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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 15th, 2017 by financetwitter
During the 2016 presidential campaign, both Republican candidate Donald Trump and Democrat candidate Hillary Clinton dared each other to release their darkest secret. Clinton demanded Trump to release his tax returns while Trump asked Clinton to reveal her medical records. Clinton accused Trump of n [...]
March 15th, 2017 by financetwitter
United Nations, or simply U.N., has been mocked and laughed as a toothless tiger for as long as one can remember. On paper, U.N. appears to be a powerful power broker. In reality, however, U.N. does not play any other key role in solving essential world problems. Its Security Council is like a playg [...]
March 14th, 2017 by financetwitter
Wahhabism is the main source of global terrorism, as identified by the European Parliament in July 2013. Wahhabism is so influential because Saudi Arabia sponsors the religious movement. Besides free flow of money, Muslims were easily influenced largely due to Saudi's status as the custodian of the [...]
March 10th, 2017 by financetwitter
Flippy was thrilled to be offered a job at Caliburger, a restaurant in California. Unlike other workers, Flippy hasn't made a single complaint despite being forced to flip burgers the whole day. And Flippy has just completed its first day on the job, having mastered the art of cooking the perfect bu [...]
March 10th, 2017 by financetwitter
Oil price is now at its lowest for the year 2017. The more than 5% plunge on Wednesday was the final nail in the coffin for speculators. There were high volume of trading, suggesting the speculators holding to their bullish positions were selling all out. According to John Kilduff, founding partner [...]
March 9th, 2017 by financetwitter
People who are technical savvy will think twice about paying a premium for a smart TV. Those who are concerned about security will not purchase, let alone connect a smart TV to the Internet. Now, it is proven that smart TVs aren't a smart investment at all because they could be turned into listening [...]
March 8th, 2017 by financetwitter
They were welcomed, fed, rewarded and pampered. But clearly the government of Angela Merkel has missed out the most important thing - cell phone signal. For poor phone reception, eight Muslim refugees - aged between 18 and 28 - went bonkers at the asylum home in Rees-Haldern, near the German-Dutch b [...]
March 7th, 2017 by financetwitter
Najib son of Razak thought he could win a game of Russian roulette with Kim Jong-un. The Prime Minister of Malaysia thought the North Korean dictator was easy meat. Intellectually, British-educated Mr. Najib thought he was superior to Switzerland-educated Mr. Kim. In fact, pink lips Najib Razak beli [...]
March 7th, 2017 by financetwitter
President Trump has signed a new executive order on Monday to replace the controversial executive order dated Jan, 27, 2017, titled "Protecting the Nation from Foreign Terrorist Entry into the United States," which temporarily halts the entry of foreign nationals from 7 Muslim-majority countries - I [...]
March 6th, 2017 by financetwitter
Will crude oil prices rise above US$60 a barrel this year? It's not too much to ask considering the black gold once traded around US$120 a barrel in 2014. Before we could even think of US$60 price tag, the Brent has to breach US$58 first. So far, it hasn't been able to do so. Analysts generally pred [...]
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