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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 9th, 2016 by financetwitter
Arab social media networks were celebrating the burning of Israel last month as parts of the port city of Haifa in northern Israel were ablaze as wildfires raged through the country for a third day. Tens of thousands of people were evacuated as the fire devoured forests and damaged homes. The unus [...]
December 8th, 2016 by financetwitter
This is indeed very embarrassing to two nations that were supposed to be Muslim brothers. Malaysia and United Arab Emirates (UAE), both Muslim countries and members of OIC (Organization of Islamic Cooperation), are fighting over US$6.5 billion gone missing - or rather stolen - in the world's biggest [...]
December 6th, 2016 by financetwitter
Maria Ladenburger was only 19 when she was raped and murdered. The medical student never returned home after she left a student party and cycled back at 2:37am on October 16, 2016. On October 18 her body was found on the river Dreisam. An autopsy revealed that Maria was brutally raped and then unc [...]
December 6th, 2016 by financetwitter
We have said this before and we are saying it again - British Pound is safer than Euro currency. If you really want to sell, sell Euro. After Brexit, the European Union has started disintegrating and it's a matter of time before a total meltdown. Failed to win his referendum, Italian Prime Minister [...]
December 5th, 2016 by financetwitter
President-elect Donald Trump has spoken to dozens of world leaders since his stunning victory in the 2016 Presidential Election. Among Asian leaders, he has spoken to Chinese President Xi Jinping, Japanese Prime Minister Shinzō Abe, Korean President Park Geun-hye and the Philippines President Rodri [...]
December 3rd, 2016 by financetwitter
U.S. President-elect Donald Trump spoke by phone on Friday with Taiwanese President Tsai Ing-wen, becoming the first U.S. president or president-elect to do so since President Jimmy Carter adopted a one-China policy in 1979. He was not supposed to do that because that would not be aligned with decad [...]
December 2nd, 2016 by financetwitter
Hollande took office in 2012 promising to be "Mr. Normal", but is forced to exit today as "Mr. Unpopular". He won his presidency after French people got enough of lavish spending under former president Nicolas Sarkozy. Lived like a king, Sarkozy splurged about US$16,000 per day on food and owns 21 c [...]
December 1st, 2016 by financetwitter
Suddenly every single UMNO member and supporter sings like a canary - praising and worshipping Donald Trump as if he is Allah. Trump's stunning victory has indeed made him very popular, so much so that the President-elect is now more popular in Muslim countries than in his own country, the United St [...]
November 29th, 2016 by financetwitter
Maria Chin Abdullah, was arrested on Nov 18, one day before the Bersih 5 rally. Ten days later, she was freed from detention under the Security Offences (Special Measures) Act 2012 (Sosma), a day before her habeas corpus hearing. Although more than 23 politicians and activists have been arrested i [...]
November 28th, 2016 by financetwitter
Fortunately Hillary Clinton didn't win the 2016 Presidential Election. If she did, people around the world might be staring at the prospect of World War 3, for real, because Russian President Vladimir Putin would be forced to deal with a woman who is genuinely a sore loser. She is capable of doing c [...]
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