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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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March 24th, 2016 by financetwitter
While the Western countries, especially the Europe, are trembling in fear after the Brussels Attacks, it was celebration elsewhere. As usual, European cities' landmarks were lit up with Belgium flag colours after screaming tons of condemnations and pledging "solidarity" with the Belgian people.
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March 22nd, 2016 by financetwitter
The attacks were largely expected. What was unknown were the place of targets and the number of innocent people who would be killed. Innocent people here, of course, aren't referring to politicians. Politicians always get away scot free. But the policies made by these supposedly clever Western count [...]
March 22nd, 2016 by financetwitter
With the wake of terror group ISIS running wild in the Middle East and the recent bombing in Jakarta, is there any major difference between an extremist and a terrorist? As far as the Government of Singapore is concerned, only a fine line separating these two groups of people. Both are not welcomed [...]
March 20th, 2016 by financetwitter
Due to obsession over Donald Trump's meteoric rise in his run for President of the United States 2016, suddenly very little attention was paid to President Barack Hussein Obama. There was one particular interview in this month's edition of the Atlantic magazine between Obama and Jeffrey Goldberg wh [...]
March 18th, 2016 by financetwitter
When you need fast bucks temporary, you normally go for part-time jobs such as flipping burgers at McDonald's or a pizza delivery boy / girl. Soon, such jobs may be out of reach because the replacement can do a better job with zero pay. Yes, we're talking about robots snatching one of many jobs that [...]
March 18th, 2016 by financetwitter
DAP was being called different types of names. The political party was called "chauvinist", Singapore's PAP agent, Jews' agent, CIA's agent, Christian's agent and whatnot. In short, DAP was such an evil it would make Adolf Hitler's Nazi Party like kindergarten. And when DAP opposed hudud, PAS, an Is [...]
March 16th, 2016 by financetwitter
There were some cheers when crude oil prices started moving north from below US$30 a barrel. It didn't go any further than US$40 a barrel and has now retreated to below the figure. Nevertheless, nobody believes it could skyrocket at the same momentum it had tumbled though. And Moody's isn't impresse [...]
March 16th, 2016 by financetwitter
President of the United States isn't the most powerful man in America. Mainstream media is. The media can literally break or make a new president, or so they thought. Donald Trump's entry into the presidential race changes everything and has gotten not only the Republicans and Democrats but also the [...]
March 16th, 2016 by financetwitter
Najib's supporters and bloggers should answer this puzzle. Why can't their paymaster - Prime Minister Najib Razak - be a "real man" and answer questions from foreign journalists? Why does the prime minister need to run away every time questions are asked about the murder of Altantuya or corruption r [...]
March 15th, 2016 by financetwitter
Out of the blue on Monday, Russian President Vladimir Putin announced the withdrawing of the "main part" of its forces in Syria - starting from Tuesday. It was roughly 5-month ago when he sent his military hardware and soldiers into the country in what seemed to be a long-term commitment in a war th [...]
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