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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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April 19th, 2016 by financetwitter
While we understood very well why the previous Bush administration and the present Obama government wanted to hide 28 pages of 2002 congressional report after the September 11, 2001 terrorist attacks on U.S. soil, what could be the compelling reason the Saudi Arabia is so gung-ho about covering thei [...]
April 18th, 2016 by financetwitter
In the early Sunday, rumour mill was running at top speed announcing oil production freeze, before a meeting between OPEC and non-OPEC oil producers in Doha could even start. Everyone who stands to benefit from higher crude oil price was rejoicing. The rumour was started after a Russian news agency, [...]
April 17th, 2016 by financetwitter
The "September 11 Attacks" is close to 15 years old but it was the mother of terrorist attacks that is still full of mysteries and conspiracy theories. Depending on who you ask, the speculation behind the attacks could be spookily inspiring. Former Malaysia Prime Minister Mahathir Mohamed would tell [...]
April 15th, 2016 by financetwitter
Days after the Panama Papers were leaked and shocked the world; people are still arguing and debating why the lack of Americans being named. Preliminary reports indicate that more than 200 people with U.S. addresses are named in the Panama Papers, a pathetic number considering that the leak implicat [...]
April 13th, 2016 by financetwitter
Contrary to what Malaysian Prime Minister Najib Razak's band of supporters and bloggers would like to believe, the 1MDB scandal is too messy and too scandalous to go away. And that's good news to them because that means Najib regime would have to keep paying their wages as cyber troopers - earning a [...]
April 12th, 2016 by financetwitter
Who says the Arab only excels in terrorism? Thanks to certain Western leaders who have nothing better to do than championing human rights and freedom of everything "excessively", regardless of the consequences, the Arab has taken over one of the most profitable businesses in Berlin - underworld orga [...]
April 11th, 2016 by financetwitter
At least 11 people have been arrested for “protesting without a permit” in Egypt, shortly before Saudi King Salman was due to give a speech to Egypt's parliament. Besides street protest, thousands of Egyptians have taken to the social media expressing their anger at their own President Abdel-Fat [...]
April 10th, 2016 by financetwitter
The bet was it wouldn't last more than 365 days. Rayani Air, however, is proving the critics wrong and may be on its way to business closure, sooner than expected. Just 110 days into operation, Rayani Air, proclaimed Malaysia's first "Syariah-compliant" airline, has suspended itself before even the [...]
April 8th, 2016 by financetwitter
After wasting precious time dragging its feet, the Malaysia's Public Accounts Committee (PAC) has finally tabled its findings to Parliament yesterday. The verdict - Prime Minister Najib Razak (*yawn*) is as clean as a whistle and as smooth as a baby's butt. But really, does anyone out there expect a [...]
April 7th, 2016 by financetwitter
With less than 3 months before British citizens decide in a referendum whether to leave the EU altogether, the Dutch has given those who support "Brexit" a boost. The Dutch voters have opposed and said "NO" to the European elite, well, sort of. Nope, they didn't vote to quit EU but to reject a Europ [...]
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