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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 17th, 2016 by financetwitter
Education is an extremely lucrative business for obvious reason. Every parent wants the best for their children. In Malaysia, especially the ethnic-Chinese, stories are aplenty about parents selling off properties and assets, or even borrowing from friends and relatives, so that they could send thei [...]
November 17th, 2016 by financetwitter
President-elect Donald Trump will be crowned as President of the United States on January 20, 2017. Nothing is going to change this fact unless he gets assassinated. But its wishful thinking if you hope the U.S. Intelligence and Secret Service will allow Trump gets killed under their nose. It might [...]
November 16th, 2016 by financetwitter
Russia's largest battleship - Admiral Kuznetsov aircraft carrier - has begun combat operations in Syria after leading the Russian fleet of 8 fearsome warships in an epic journey to Syrian port of Tartus, but not before leaving a trail of panic among NATO members as the fleet sail through the North S [...]
November 15th, 2016 by financetwitter
Christmas came early this year for Islamic State. Before Trump could officially take office on January 20, 2017, he's already getting down to business and received many phone calls from world leaders. Less than a week since his Nov 8's victory, Kremlin revealed President Vladimir Putin has called Pr [...]
November 15th, 2016 by financetwitter
Two important positions have been filled. President-elect Donald Trump has hired Republican National Committee (RNC) Chairman Reince Priebus as his chief of staff, a position that could go to Huma Abedin if Hillary Clinton had won the presidency. Priebus' appointment was a disappointment to people [...]
November 14th, 2016 by financetwitter
For some time now people thought Jamal Md Yunos was immortal. With the exception of foreign superpower like China Ambassador to Malaysia Dr Huang Huikang who intervened and prevented racial riots at Chinatown Petaling Street last year, it appeared nobody could stop the Red Shirts leader, whose gangs [...]
November 14th, 2016 by financetwitter
New York Times (NYT) was one of many so-called liberal media who took side and aligned with Democrats presidential candidate Hillary Clinton. Like CNN, which was mocked and joked as Clinton News Network, NYT was so anti-Trump that the media company has made it a "policy" to be bias when reports abou [...]
November 13th, 2016 by financetwitter
There's a new Republican president in town, and its bad news to most of the world leaders who have been worshipping liberalization, globalization, multi-culture and whatnot. Just like Germany, France, South Korea, China, Mexico and even the Pope, Malaysia too had bet on the wrong horse - Hillary Cli [...]
November 11th, 2016 by financetwitter
While there's almost zero possibility that "Crooked Clinton" will be dragged into prison by the soon-to-be Trump administration due to traditional convention, there's 99.99% that terror groups such as ISIS will be having 4 years of nightmare after 8 years of comfort under lame duck President Barack [...]
November 10th, 2016 by financetwitter
Because the Republican now controls both House and Senate, it makes Donald Trump not only the 45th President of the United States but also a "very powerful" president. For that reason alone, world leaders, including those who have been mocking and joking about Trump, have no choice but to start maki [...]
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