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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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February 18th, 2016 by financetwitter
Oil prices, both Brent and WTI, are above US$30 a barrel today. The price fluctuations, nevertheless, have been extremely volatile. Thankfully it hasn't breached below US$20 a barrel. It would be a total chaos if the price goes below that level. But shall we conclude the worst is over on oil apocaly [...]
February 17th, 2016 by financetwitter
SJKC, also known as "vernacular schools" in Malaysia for the Chinese have existed since independence and the vernacular education is protected by the Federal Constitution, despite disagreement by some former judges. The fact that these judges chose to read the constitution to their liking only "afte [...]
February 16th, 2016 by financetwitter
Road to Moscow 1980 was perhaps the best opportunity for Malaysian football team to put the country on world map. It was the era where Malaysia, despite being a relatively poor country, was blessed with so many talented football heroes that the mighty South Korea wished their country had those gifte [...]
February 15th, 2016 by financetwitter
Remember how you perform a simple trick on your iPhone or iPad in order to play Candy Crush for unlimited plays? You change the date forward to cheat for lives. Now, there's a new neat trick that you can try (if you dare, but we highly recommend you read to the end of this article before attempting [...]
February 15th, 2016 by financetwitter
The more Najib son of Razak is pronounced "innocent" by Malaysian authorities, the more people perceive him as guilty as hell. There's no two ways about it. Even if Mahathir, his former mentor-turned-enemy agrees to grant him a safe passage, at least 53% of 30-million Malaysian populations are again [...]
February 4th, 2016 by financetwitter
If Najib's father - Abdul Razak Hussein - is still alive today, he would be 94-year-old. Former Prime Minister Mahathir Mohamad who was indebted to Najib's father is today 90-year-old. Najib himself is 62-year-old while Mukhriz, Mahathir's son who is now jobless after lost his Kedah state Menteri Be [...]
February 3rd, 2016 by financetwitter
Walt Disney Company is about to get its sixth Magical Disneyland this year. Scheduled to open on June 16, Shanghai Disneyland will rival Hong Kong and Tokyo Disneylands, the other two Disneyland in Asia. The tickets for the Shanghai theme park will go on sale to the public much sooner - from March 2 [...]
February 3rd, 2016 by financetwitter
Twitter shares are plunging as much as 10.5% after trading hours on Tuesday afternoon following Stifel Nicolaus downgrade from "hold" to "sell" and set a US$14 price target. Its stock is down by 55.6% compared to where it was a year ago. If you didn't know, Twitter is banned on the mainland China he [...]
February 2nd, 2016 by financetwitter
For the whole year of 2015, the focus was on Najib's naughty hands caught in the cookie jar but the scope was confined within Malaysia. Only after F.B.I opened investigation papers on the Malaysian prime minister's stepson Riza Aziz funding over extraordinary real estate purchases and movie producti [...]
February 1st, 2016 by financetwitter
HSBC is still undecided if they should move headquarters to Hong Kong, after months of meeting, brainstorming and consideration. The Europe's largest lender, however, has decided something for the year 2016 - to freeze hiring and salaries - globally. An email sent to HSBC employees on Friday detaili [...]
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