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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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December 23rd, 2016 by financetwitter
Depending on the angle at which you view the people that soon-to-be President Donald Trump is hiring, the U.S. could be looking at a pool of crooks working for the 45th U.S. president. We're talking about Goldman Sachs and of course, we're linking them to the 1MDB scandal - the biggest "Ponzi Scheme [...]
December 22nd, 2016 by financetwitter
British Empire, at its height, was the largest empire in history. By 1913 the British Empire controlled over 412 million people, 23% of the world population at the time. By 1920 it covered 35,500,000 km2 (13,700,000 sq mi), 24% of the Earth's total land area. That's bigger than Mongol Empire w [...]
December 21st, 2016 by financetwitter
On paper, Russian ambassador to Turkey - Andrei Karlov - was killed by a "radical Islamic terrorist", the 3 magic words President-elect Donald Trump said both President Barack Obama and Hillary Clinton had refused to use, even after America was terrorized by Muslim terrorists either associated or i [...]
December 20th, 2016 by financetwitter
At least 12 people are dead and at least 48 more injured after a truck crashed into a crowd at a Berlin Christmas market. It was exactly like the terror attack in Nice, France about 5 months ago on 14 July 2016 when a 19-tonne cargo truck was deliberately driven into crowds celebrating Bastille Day [...]
December 19th, 2016 by financetwitter
Indonesia is the place you want to go if you wish to become an instant millionaire, or even billionaire for that matter. For as little as US$75 (£60; S$110; RM335) at foreign exchange counter, one can become a millionaire. Indonesian Rupiah high denominations have long been a source of attraction o [...]
December 19th, 2016 by financetwitter
There are 2 important commodities that exist, in huge quantity, in the Middle East - oil and war. Oil provides free flow of money to the Gulf nations. Throw in the bonus of two Holy Mosques, suddenly Saudi Arabia becomes the "Big Brother of the Arab World". Ironically, the existence of oil and the t [...]
December 18th, 2016 by financetwitter
Napolean Bonaparte once said - "China is a sleeping dragon. Let her sleep! If she wakes, she will move the world!" Turns out, the dragon didn't only shake the world but able to perform some naughty tricks too. Like its economy, the Chinese piracy is a legend - copying and cloning almost everything. [...]
December 16th, 2016 by financetwitter
Saudi Arabia has a huge problem with regards to women. Women's rights in the kingdom are very limited. Saudi women are nothing but sex object to their men. They still can't drive a car, the only country on planet Earth with such a ban. Of course, interaction with men isn't allowed so there's a separ [...]
December 15th, 2016 by financetwitter
Donald Trump will not become the 45th President of the United States until Friday, January 20, 2017, in Washington, D.C. That's more than a month away. But the staffs he's hiring have raised more eyebrows than his stunning victory. And he's enjoying every moment of providing the same kind of enterta [...]
December 10th, 2016 by financetwitter
Trump makes comment. Mainstream media goes bonkers. Later, Trump is to be proven right. And the cycle repeats. That happened during Donald Trump's campaign for the White House. Now that President-elect Trump has won the presidency, he has proven to be right again. Chances are, after he gets sworn as [...]
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