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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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November 28th, 2016 by financetwitter
Mohamed Apandi Ali, the Malaysian Attorney General, could easily go down the history as the most disgraceful top lawyer the country has ever produced. Besides the Chief of Police, the Attorney General is the only thing standing between Najib and arrest for criminal breach of trust (1MDB - 1Malaysia [...]
November 27th, 2016 by financetwitter
Cuban revolutionary and leader Fidel Castro died late Friday, Nov. 25, 2016, at the age of 90. He established the first communist state in the Western Hemisphere after leading an overthrow of the military dictatorship of Fulgencio Batista in 1959. He brought the Cold War to the door step of United S [...]
November 25th, 2016 by financetwitter
America is losing the Syrian War, and other wars it had started throughout the Middle East. But the superpower can't just pull out with tail between legs, the same way they did in the Vietnam War. That would be a huge humiliation. They would be laughed at by not only enemies such as Russia, China, I [...]
November 24th, 2016 by financetwitter
We often hear how the top 1% of the world's population controls at least half of the planet's wealth. To be precise, it took merely 62 richest billionaires who owned as much wealth as the poorer half of the world’s population - according to Oxfam early of the year. At the start of 2015, Oxfam had [...]
November 23rd, 2016 by financetwitter
The job requirements say you must be able to work 4 hours, in addition to zero experience. Heck, you don't even have to own transport because a driver is provided. Above all, you'll be paid a mind-boggling S$20,000 (US$14,000; £11,300; RM62,000) for a 4-hour work. That's easily one of the best jobs [...]
November 22nd, 2016 by financetwitter
The real problem why globalism is losing to nationalism is because the elite few globalists have become too powerful and arrogant that they have forgotten about the people's interests, not to mention the problems created by the ideology. Globalists don't care about borders so they happily invite eve [...]
November 22nd, 2016 by financetwitter
We know President-elect Donald Trump is bringing management style seen on TV series "The Apprentice" to the White House. He enjoys creating rival power structures beneath him and encouraging them to battle it out. He has done that after hiring RNC Chairman Reince Priebus as his chief of staff and B [...]
November 21st, 2016 by financetwitter
Russia is a military powerhouse. China is an economic powerhouse. When both Russia and China works together, they become the world's superpower - more powerful than the United States. Both nations, however, have become so powerful today primarily due to weaknesses of America and European Union.
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November 20th, 2016 by financetwitter
The plan, at least according to some pro-Najib cyber troopers, was to copy what former premier Mahathir did on 27th October 1987 - "Operasi Lalang". Of course, Prime Minister Najib Razak could also copy what his father did in May 1969 - bloody racial riots. Both "Operasi Lalang 2.0" and racial riots [...]
November 18th, 2016 by financetwitter
Donald Trump has won 290 electoral votes to Hillary Clinton's 232. However, while Clinton locks herself up at home licking wounds, and probably suffering from depression after her unexpected loss, her supporters are still demonstrating and rioting and beating any Trump supporters they could find. Th [...]
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