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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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October 28th, 2016 by financetwitter
What does politicians and bankers have in common? They are liars and crooks, or at least behave like crooks. But they don't really care as long as there is money to be made. Royal Bank of Scotland, which is supposed to be one of the prestigious banks in the United Kingdom, was involved in Malaysia's [...]
October 27th, 2016 by financetwitter
Najib Razak is smarter than Barack Obama. That explains why Vladimir Putin has been outsmarting the America's first black president since the first day Obama took office. Najib is smarter because he pretended to be Obama's poodle. Obama was so pleased that he became the first U.S. president in nea [...]
October 26th, 2016 by financetwitter
After 10 year on top of the chart, Singapore has lost its crown as the best country in the world to do business. Not many could guess the new champion - New Zealand - a boring but beautiful country where the highly successful "Lord of the Rings" films were made. For the year 2017, World Bank is conv [...]
October 25th, 2016 by financetwitter
Who's the most powerful person in the United States of America? We were told that the president was the man but based on recent bombshells unleashed by WikiLeaks, we aren't sure anymore. Based on email leaks from Podesta files dump so far, we roughly know who will be the most powerful person in the [...]
October 24th, 2016 by financetwitter
Budget 2017 revealed by Malaysian Prime Minister Najib Razak was both boring and interesting. It was boring because the scandal-hit Najib tried to hoodwink ignorant people that everything in the garden is still rosy. It was interesting because the shameless Najib finally admitted his administration [...]
October 21st, 2016 by financetwitter
After losing the Syrian Civil War, it appears superpower United States has lost an important ally in Asia. Philippines' President Rodrigo Duterte, who is currently in China for a 4-day trip, declared his "separation" from longstanding ally the United States in Beijing on Thursday, as he rebalances h [...]
October 20th, 2016 by financetwitter
Project IC, or simply "Project M" (M stood for Mahathir), refers to systematic granting of "citizenship to immigrants" by giving them IC (Identity Card) so that they can vote in favour of Barisan Nasional coalition in the state of Sabah. It was the dirtiest and most massive election fraud ever commi [...]
October 19th, 2016 by financetwitter
Russia's largest battleship - Admiral Kuznetsov aircraft carrier - was scheduled to be sent to Syria between October 2016 and January 2017. However, when the news was released by a military-diplomatic source in Moscow back in July, some were sceptical about the report, accusing it as nothing but a R [...]
October 18th, 2016 by financetwitter
Everyone knows that the Emperor is naked, but it takes a naive young boy to stand up and say “the Emperor is wearing no clothes” before everyone else (belatedly) acknowledges the obvious. Donald Trump was playing the role of the naive young boy when he exposed - "The insurance companies are maki [...]
October 17th, 2016 by financetwitter
The internet is full of rumours, but what appear to be rumours on World War 3 are fast catching up with Western mainstream media. More and more reputable news media have started writing about World War 3, after excessive coverage of Trump-VS-Clinton campaign, which goes to show that such war mongeri [...]
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