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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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June 1st, 2016 by financetwitter
Mention Brunei and a country ruled by an absolute monarchist come to mind. Hassanah Bolkiah, the country's 29th Sultan, is notorious for his fortune - estimated at US$20 billion as of 2008 (according to Forbes). He was once the world's richest man but despite his brother Prince Jefri's pilfering US [...]
May 31st, 2016 by financetwitter
Business needs branding and as a product or service becomes famous, a corporation requires a meaningful logo to represent the company's identity. However, business changes with time hence the needs to change its logo. Naturally, logos would evolve in order to reflect such changes and we would someti [...]
May 28th, 2016 by financetwitter
As predicted, Islamic political party PAS has unleashed it's WMD - Weapon of Mass Distraction - after the Sarawak state election but before the coming by-elections in Sungai Besar and Kuala Kangsar. If you're a Chinese or a Christian, are you furious that not only PAS supremo Hadi Awang presents his [...]
May 26th, 2016 by financetwitter
If you don't have anything nice to say, don't say anything at all - goes the popular saying. But it appears Malaysian Prime Minister Najib Razak is untouchable, in spite of international investigations and prosecutions over his gigantic 1MDB multi-billion-dollar-scandal. Naturally, a handful of boo [...]
May 25th, 2016 by financetwitter
Her hairstyle makes you wonder if she's a huge fan of Sailor Moon from Japanese shōjo manga series. Make no mistake though - 45-year-old Vietnamese Nguyen Thi Phuong Thao is on her way to become Southeast Asia’s first self-made woman billionaire. If her airline goes public (IPO) by selling 30% s [...]
May 24th, 2016 by financetwitter
On June 23, 2016, Britons will decide whether to leave the European Union (EU) or stay. Ahead of the UK referendum, however, fear mongers have been trumpeting the reasons (or rather myths) on why people should stay, or leave. Due to differences in "Brexit", once-good-friends Boris Johnson and David [...]
May 23rd, 2016 by financetwitter
Azmin Ali, the deputy president of Parti Keadilan Rakyat (PKR - People's Justice Party) is the last person on planet Earth you should trust. An ex-UMNO, he's a two-headed snake that cannot be trusted. In fact, he's more venomous than Islamic party PAS' President Abdul Hadi Awang. If both are snakes, [...]
May 20th, 2016 by financetwitter
United Kingdom was ranked 10th in Transparency International's 2015 Corruption Perceptions Index. Britons, however, should have little reasons to smile because their country is virtually as corrupt as Nigeria (ranked 136th) and Afghanistan (ranked 166th) for recognizing and happily rubbing shoulders [...]
May 19th, 2016 by financetwitter
If you can't beat them, join them - goes the idiom. Perhaps that was what Pope Francis thought about fighting Islamic terrorism. In an interview with France's La Croix on Tuesday, Pope Francis seemed to be asking people to embrace ISIS, because according to his logic, the Jihad waged by the radical [...]
May 18th, 2016 by financetwitter
Nokia is making a comeback, for real. If you hadn't heard of Nokia, chances are you've missed the most critical part of mobile phone revolution. Go ask your parents about Nokia phone and notice the immediate smile printed on their face. The Nokia was the first piece of Star Trek technology, since on [...]
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