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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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November 16th, 2015 by financetwitter
Defence Minister Hishammuddin Hussein revealed on Sunday that several senior Malaysian leaders, presumably from ruling political party UMNO, were shortlisted by ISIS/ISIL on its list of targets. The revelation has created more amusement than anxiety or anger, especially when he admitted his name was [...]
November 15th, 2015 by financetwitter
If 2014 was a bad year for Malaysia, this year belongs to France. Last year, Malaysia experienced a double whammy of aviation disaster when the country lost two planes - the missing MH370 and the downing of MH17. France's first disaster occurred early of the year during the Charlie Hebdo shooting wh [...]
November 13th, 2015 by financetwitter
He is easily the greatest and bestest daddy on planet Earth, and who wouldn't want such a nice father after spending such huge money on diamonds for his daughter? Property tycoon Joseph Lau Luen Hung (Chinese: 劉鑾雄) raised US$77 million eyebrows when he bought two expensive rocks at Christie's [...]
November 12th, 2015 by financetwitter
At least one person disagrees that China's economy is going south, if it's true that the superpower is indeed having financial problem in the first place. If China's "Singles Day" sale is any indicator, Jack Ma would be laughing at the slight idea that his country is in trouble. His e-commerce Aliba [...]
November 11th, 2015 by financetwitter
Soon, making money as a drug trafficker or pusher in Indonesia will be a tough business. Besides struggling to convince foreign investors that his country is an ideal location for investments, President Joko Widodo is working hard to clean Indonesia of its image as one of the most corrupt countries [...]
November 9th, 2015 by financetwitter
Voters went to polling stations across Myanmar (formerly Burma) yesterday (Nov 8th) in festive mood. The people of Myanmar consider this as the country's first free general election in 25 years. The last free vote was in 1990, when Suu Kyi won but the army ignored the result, and put Suu Kyi under [...]
November 6th, 2015 by financetwitter
Everybody was looking forward to an entertaining Friday debate today between Najib's minion and an opposition outspoken badass on 1MDB scandal that has accumulated debts to the tune of RM42 billion. Mr. Arul Kanda Kandasamy, the President and Group Executive Director of 1Malaysia Development Berhad [...]
November 5th, 2015 by financetwitter
For the third consecutive year, Russian President Vladimir Putin has been named the world’s most powerful man by Forbes magazine. The insulting news to American President Barack Obama is not only he didn't manage to overtake the highly popular Putin; he has actually lost his second place to a wo [...]
November 4th, 2015 by financetwitter
When the Russian Airbus A321-200 crashed in the Sinai on Saturday, killing all 224 people on board (including at least 24 children), it immediately brings back the sad memory of Malaysian Airlines flight MH17 which was shot down, allegedly by Russian-made BUK surface to air missile. The MH17 disaste [...]
November 3rd, 2015 by financetwitter
Students who jumped at the question would be scratching their heads. Students who overthink at the question would probably still thinking about it today. Students who are weak would offer an excuse that the question didn't come with sufficient information. But for students with good logical thinking [...]
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