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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 5th, 2017 by financetwitter
An otherwise peaceful Saturday was shattered with a series of explosive tweets from President Donald Trump accusing former-President Obama with tapping his phones in Trump Tower prior to the 2016 U.S. presidential election. Trump quickly called it "McCarthyism" and accused the "sick Obama" of having [...]
March 4th, 2017 by financetwitter
China is absolutely furious with the deployment of U.S. Navy's Carrier Strike Group 1 (CSG1), led by Nimitz-class supercarrier USS Carl Vinson in the South China Sea. Even if U.S. agrees to a one-on-one fight, Chinese aircraft carrier Liaoning and its squadron have little chance of defeating the U.S [...]
March 3rd, 2017 by financetwitter
Terror group ISIS has chosen to ignore the popular saying that as a sleeping dragon, China should not be awakened. The West has realized the consequences of not letting the dragon sleeps, as they witness the rise of China's economy and military. If China's 5,000 years of history is any indicator, th [...]
March 2nd, 2017 by financetwitter
There're a lot of dishonest business owners out there. We're not talking about a small family-owned restaurant. We're talking about multi-billion dollar revenue fast food chain such as Subway Restaurants. Business has been bad that while Subway opened 911 new locations in the U.S. in 2015, it closed [...]
March 1st, 2017 by financetwitter
There were 1.6 billion Muslims in the world as of 2010 - roughly 23% of the global population - according to Pew Research Centre's estimation. That's about 600-million short of 2.2 billion Christians - made up 31% of the planet population. However, Islam is the fastest-growing religion and it's a ma [...]
February 28th, 2017 by financetwitter
Malaysia is the first stop in a rare month-long tour of Asia by Saudi King Salman. The visit includes Indonesia, Brunei, Japan, China, Maldives and Jordan. The visit by King Salman is particularly important to Malaysian Prime Minister Najib Razak who is preparing to call for a snap national general [...]
February 27th, 2017 by financetwitter
If your first phone was an iPhone or a Samsung smartphone, chances are you haven't heard of Nokia 3310 phone. But if you were a previous owner of the legendary Nokia 3310, or even any Nokia dumb phone for that matter, the resurrection of such phone at this hour will definitely bring back memories of [...]
February 27th, 2017 by financetwitter
One very interesting fact about 2016 presidential election is the excessive involvement in politics by business organizations or individuals who are not supposed to. Besides fulltime politicians, it appears individuals, organizations and agencies somehow found themselves indulge in politics - teache [...]
February 25th, 2017 by financetwitter
Popcorn and Coke - that's what you need to get as we watch two nations compete in a mud splashing competition. Kim Jong-nam, the half-brother of North Korean dictator Kim Jong-un, was assassinated at the budget terminal of KLIA2 by two women - a Vietnamese and an Indonesian. The public perception is [...]
February 24th, 2017 by financetwitter
The last time USS Carl Vinson was deployed to the South China Sea was 2 years ago in 2015 when they conducted a bilateral exercise with the Royal Malaysian Navy and Royal Malaysian Air Force. First operated in the South China Sea in 1983, the Nimitz-class aircraft carrier has been deployed to South [...]
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