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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 7th, 2016 by financetwitter
Syrian War was a place to sell military hardware and gadget. Through real life experience of killing and bombing, it has provided the best "proof of concept" of the capability of Russian war machines. With a declaration of pulling out from Syria, an old chapter had ended but a new chapter has begun [...]
April 5th, 2016 by financetwitter
After the explosive "Panama Papers" bombshell released by the International Consortium of Investigative Journalists (ICIJ) over the weekend - the biggest leak in history - some world leaders could be brought down. Before we start bitching, here's how massive this project was to the ICIJ and those in [...]
April 5th, 2016 by financetwitter
There was a mega scandal hitting the world over the weekend. It was so huge that Wikileaks now looks like a kindergarten playground. Called the "Panama Papers", it consists of approximately 11.5 million documents - more than the combined total of the Wikileaks Cablegate, Offshore Leaks, Luxembourg [...]
April 1st, 2016 by financetwitter
Is there any nice, honest and good member left from the Razak family? Initially, millions of Malaysians and even some foreign investors were tricked into believing that at least there was one good soul left from Malaysia's equivalent to United States' Kennedy family - Nazir Razak. After all, Mr. Naz [...]
April 1st, 2016 by financetwitter
After liberating the ancient city of Palmyra, Syrian President Bashar al-Assad is a very happy man today. Russian President Vladimir Putin personally called Assad to congratulate him. But the whole world knows without Putin the historic site occupied by ISIS terror group since May 2015 would not ha [...]
March 30th, 2016 by financetwitter
Malaysian Prime Minister, Najib Razak, doesn't really care about what the Malaysian people think of him as far as his scandals are concerned. From allegations of corruption, money laundering and even murder, none of them could make him resign. He would have had been impeached in other democracy coun [...]
March 29th, 2016 by financetwitter
Former U.S. contractor Edward Snowden was right after all when he revealed his refusal to use Apple's iPhone. It isn't secure at all as Apple would like you to believe. For 6 weeks, the Government of the United States was at war with Silicon Valley giant Apple over cracking an iPhone belonging to te [...]
March 28th, 2016 by financetwitter
Have you heard of the bizarre story about China producing fake eggs? If you have, do you really believe it can be done, or was it economically feasible to do so? The news about fake eggs is not something new but do you know that fake eggs first appeared almost 20 years ago in the mid 1990s? And the [...]
March 26th, 2016 by financetwitter
Lim Guan Eng (LGE), if he's a kopitiam boss or a roast pork seller, would not get the attention (and trouble) he's getting now. In fact, nobody would care that he had struck a good deal getting himself a bungalow for RM2.8 million - a crazy discount to market value. At 10,161 square feet, his bungal [...]
March 25th, 2016 by financetwitter
Malaysia is a unique country because besides the Executive, Legislative and Judiciary pillars, the fourth pillar of the country's Constitution "was" the Monarchy. Add in "Social Media" and the country actually has five pillars in the modern day. I used the word "was" because the Monarchy no longer p [...]
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