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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 10th, 2016 by financetwitter
The world is in shock over the stunning victory by Donald Trump. He's now President-Elect Donald Trump. But if one had read why Americans should vote Trump as the next president then one would not be surprised by today's results. After all, Trump is a businessman, investor, author, TV personality, b [...]
November 8th, 2016 by financetwitter
The Reuters / Ipsos States of the Nation project gave Clinton a 90% chance of defeating Trump, seeing her on track to win 303 Electoral College votes out of the 270 needed, to Trump's 235. Bookmaker Betfair reported US$140 million worth of bets were placed - with Clinton having 83% of winning, highe [...]
November 7th, 2016 by financetwitter
With a day left before the 2016 Presidential Election on November 8, the supposedly prestigious FBI has done another comical stunt - declaring they are done reviewing a whopping 650,000 emails in 8-day since the agency reopened the email case on October 28. Hours later, Trump told his supporters - " [...]
November 6th, 2016 by financetwitter
After the "May 1998 Indonesia Riots" where thousands of ethnic-Chinese were brutally killed and hundreds more were raped, the extreme Indonesian Muslims have staged another riot. As many as 18,000 police and military personnel were deployed ahead of Friday's protest which saw about 150,000 protester [...]
November 4th, 2016 by financetwitter
Paul the Octopus was the football star for accurately predicting the results of matches in the 2010 FIFA World Cup. Paul correctly chose the winning team in four of Germany's six Euro 2008 matches, and all seven of their matches in the 2010 World Cup - including Germany's third place play-off win [...]
November 3rd, 2016 by financetwitter
Russia's Frigate Admiral Grigorovich is one of the most feared warships the United States and NATO hate to meet in the Syrian Civil War. Specifically custom-made for the Black Sea Fleet, the latest class of frigates entered service this year (2016), where the Russian Navy has ordered 6 ships. Admir [...]
November 2nd, 2016 by financetwitter
China and Malaysia signed 14 agreements worth RM144 billion on Tuesday (Nov 1), including one on navy vessels, after a meeting between Malaysian Prime Minister Najib Razak and Chinese Premier Li Keqiang. Both countries have agreed to jointly develop and build 4 LMVs (Littoral Mission Vessel) for the [...]
November 2nd, 2016 by financetwitter
FBI found 650,000 emails on a laptop that they believe was used by former Congressman Anthony Weiner and his estranged wife Huma Abedin, Hillary Clinton's most trusted aide. And metadata (data that describes other data) shows thousands of those messages could have been sent to or from the private se [...]
October 31st, 2016 by financetwitter
From October 31 (today) to November 6, Malaysian Prime Minister Najib Razak will be given the 5-star treatment by Beijing, privilege not even U.S. President Barack Obama would enjoy. In fact, when Obama flew in to Hangzhou, China, for the G-20 Summit last month, China deliberately humiliated the U.S [...]
October 30th, 2016 by financetwitter
By now it doesn't matter if Hillary Clinton wins the 2016 Presidential Election on November 8. United States of America would be laughed, shamed and mocked by the rest of the world. The U.S.' allies, ranging from heavyweight Saudi Arabia to small fry Malaysia, let alone bitter enemies Russia and Ira [...]
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