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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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October 19th, 2015 by financetwitter
Today is the first day of Parliament sitting but the temperature was already extraordinary high. Malaysians are supposed to see two things before the Christmas kicks in. First, Prime Minister Najib Razak with allegations of corruption, money laundering and murder scandals stacked against him, is sup [...]
October 18th, 2015 by financetwitter
Merdeka Center had conducted a national poll on Prime Minister Najib Razak recently. If the findings from the latest poll which was carried out in August are reliable, then the Malaysian prime minister who is allegedly linked to corruption, money laundering and murder is in deep shit. It seems Najib [...]
October 16th, 2015 by financetwitter
When Malaysia introduced MSC (Multimedia Super Corridor) by Mahathir on Feb. 12, 1996, there were lots of "Oohh's" and "Aahh's". Soon, Singapore took the shine as a high-technology country. By now, even Vietnam looks like a sure bet to become a more high-tech country than Malaysia, using its 10 star [...]
October 16th, 2015 by financetwitter
Speculation is running high that the Federal Reserve is having cold feet about raising interest rate for the first time after rates held near zero since 2008 financial crisis. Hence, there could be no rate hike at all for the rest of the year. There're also rumours that China is ready to devalue its [...]
October 15th, 2015 by financetwitter
By now, it's an international knowledge that Prime Minister of Malaysia - Najib son of Razak - is allegedly linked to corruption, money laundering and the murder of Mongolian Altantuya. No previous prime minister has been so popular, not even the evil dictator Mahathir Mohamed. And if everything goe [...]
October 13th, 2015 by financetwitter
You may give us a big yawn if we were to tell you that Pepsi is launching a new product. After all, you've been Coca Cola's biggest fan after Warren Buffett. But PepsiCo Inc. is not launching another carbonated drink. Pepsi is releasing a smartphone. Yes, it's so unbelievable because it's like sayin [...]
October 12th, 2015 by financetwitter
In a latest cat-and-mouse, or rather cop-and-thief game, Arul Kanda (President and Group Executive Director of 1MDB) has admitted the authentication of copies of 1MDB Board minutes dated Jan 12 published by UK-based whistleblower Sarawak Report (SR). Perhaps Mr. Arul was puzzled on how could the doc [...]
October 12th, 2015 by financetwitter
We tend to cheat during games when we were young. Well, who can blame the adorable toddlers who know nothing else but wanting to win in every game - scrabble, video-games, hide-and-seek and football. Talking about football (soccer), do you know that Iran has its women's national football team dating [...]
October 11th, 2015 by financetwitter
American influence in the Middle East is evaporating faster than anyone can imagine. And if the latest horrific twin bomb attacks in Ankara that killed 97 people at a peaceful rally are any indicator, the Islamic State or simply ISIS has successfully penetrated Turkey, a member of NATO alliance, as [...]
October 10th, 2015 by financetwitter
Trying to get pregnant and have a baby of your own could be one of the most challenging things in your life. The fact that most couples nowadays prefer to wait till the later part of their age to start planning their families doesn't help the situation. And you're wondering how come your parents or [...]
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