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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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August 29th, 2016 by financetwitter
The world is watching the U.S. presidential election with great interest, largely because Republican nominee Donald Trump has been providing great entertainment. Conservative Americans who believe Obama administration has basically thrown the country under the bus will be voting for Trump, never min [...]
August 26th, 2016 by financetwitter
There is no such thing as a free lunch, and WhatsApp users are about to taste the price of sharing their supposedly private phone number, not that they have any choice in the first place. The last thing everyone enjoys is to have their phone being bombarded with online advertisements or worse - c [...]
August 25th, 2016 by financetwitter
Consumers expect their food and beverage to look the same as advertised. However, instead of "What You See Is What You Get", consumers often feel cheated by the final product. McDonald's is a classic example where its hamburgers look extremely different than they do in promotional images.
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August 24th, 2016 by financetwitter
Worth a staggering US$31.8 billion, Li Ka-shing is the World's No. 20 richest man on planet Earth, according to Forbes. Although he's just two notches away from comrade Wang Jianlin, whose wealth is at US$34.4 billion, Mr. Li is still Hong Kong's richest man. The high school drop-out is also called [...]
August 22nd, 2016 by financetwitter
Some say it was the jinx of Najib and wife Rosmah which had denied the country of its first-ever gold medal in the 2016 Rio Olympic Games. Auntie Rosy and PM Najib should not have had sent letters and messages of congratulation to Malaysian badminton players before the game ends. As a result, the ba [...]
August 21st, 2016 by financetwitter
Unless you've been living under the rock or under the spell of Rio 2016 Olympic for the last couple of days, you should know there's an awesome app launched by Google. Meet "Google Duo", a simple 1-to-1 video calling app for everyone - Android or iPhone. What, another boring video calling app?
&n [...]
August 19th, 2016 by financetwitter
Malaysia's mixed doubles pair Chan Peng Soon-Goh Liu Ying didn't make it for the gold. But their silver medal was sufficient to create history. Haters such as pro-government media, Berita Harian and Kosmo's, which splashed headline "Mixed doubles pair merely manages a silver" and "Peng Soon-Liu Ying [...]
August 19th, 2016 by financetwitter
Leonardo DiCaprio's third annual fundraising auction gala was so successful that it raised a mind-boggling US$45 million. Held on July 20 this year at the St. Tropez party, the event was such a big deal that it had attracted more celebrities than some awards shows. There were tons of booze, billion [...]
August 17th, 2016 by financetwitter
Is there any good news on eliminating terror group ISIS by superpower U.S.-NATO after years of bombing? President Barack Obama would probably tell you his administration is gaining victory, inch by inch. Forget Obama. What does Trump has to say about ISIS? He has claimed Barack Obama was the founder [...]
August 17th, 2016 by financetwitter
Vietnam has won its first-ever gold medal since it began competing in the Olympic Games 64 years ago in 1952. Likewise, Singapore has won its first-ever gold medal since it first entered the Olympics in 1948 - 68 years ago. Malaysia, as a country, first participated at the 1964 Olympic Games, alt [...]
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