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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 9th, 2015 by financetwitter
Russian military activity in Syria is escalating, and Vladimir Putin was having fun watching the havoc done to US-backed rebels while his boys showing off their military toys, not to mention testing NATO's capability and response time. When Russia deliberately sent an SU-30 fighter aircraft into Tur [...]
October 8th, 2015 by financetwitter
True, Najib Razak couldn't care less about the latest decree issued by Council of Rulers whereby sultans of nine of Malaysia's states have called for a swift and transparent investigation into 1MDB political-cum-financial scandal involving the country's prime minister. Obviously the Monarchy agrees [...]
October 8th, 2015 by financetwitter
Don't panic when you see stock ticker symbol "GOOG" has a new owner, Alphabet Inc. instead of the usual Google Inc. The name change is part of a plan announced months ago to restructure the company to give more room to its forever-growing businesses. Google, or rather Alphabet has been explaining to [...]
October 7th, 2015 by financetwitter
Democracy, in a nutshell, consists of 3 pillars namely the "Executive", "Legislative" and "Judiciary". The Executive is the government of the day (President, Prime Minister, Ministers and so on) while the Legislative consists of the two houses of the Parliament. Meanwhile, the Judiciary comprises S [...]
October 6th, 2015 by financetwitter
It's a deal!! The Trans-Pacific Partnership agreement, or simply TPPA, which represents the largest U.S. trade pact since the North American Free Trade Agreement (NAFTA) with Canada and Mexico in 1993, has been agreed upon by 12 nations - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Ne [...]
October 5th, 2015 by financetwitter
Ben Bernanke has finally answered a question that's been repeatedly asked by millions since 2008 financial crisis - "Should somebody have gone to jail?". It was a simple and straight forward question which even Bernanke had tried his best to run away for the last 7 years, until today.
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October 2nd, 2015 by financetwitter
Who's this Mr. Tajuddin who threatens to slap every single local Chinese who dare to complain to foreigners, presumably the emerging superpower China? No, this is not the Tajuddin whose mismanagement had brought MAS (Malaysia Airline System) to its knees. This is Tajuddin Abdul Rahman whose nick nam [...]
October 1st, 2015 by financetwitter
The collapse of the Soviet Union in Dec 1991 was a major geopolitical disaster to the world, at least to supremo Vladimir Putin. For as long as the Russian leader can remember, the memory of the good old days where the Soviet Union rivals United States was enough to make him orgasm. He has been tryi [...]
October 1st, 2015 by financetwitter
Rahim Thamby Chik wrote - "News of the conversion of the Selangor Raja Muda Tengku Amir Shah to Catholicism is very sad for Muslims in the whole country and the world. This sadness is compounded by the two tragedies involving Muslims in Mecca and Arafah. May the desire of the Selangor Sultan to me [...]
September 30th, 2015 by financetwitter
Earlier last month, Indonesia scrapped both proposals from China and Japan to build a high-speed rail link between the capital of Jakarta and Bandung. President Joko Widodo couldn't decide which country to award the deal to. Tons of envoys were sent by Beijing and Tokyo to Jakarta to woo Indonesian [...]
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