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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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September 19th, 2015 by financetwitter
His father was the former Qatari emir Sheikh Hamad bin Khalifa Al Thani who handed control of the nation to his son, Sheikh Tamim bin Hamad Al Thani, in 2013. The move basically left younger son Sheikh Khalid as first in line to the throne. Qatar has a total population of only 1.8 million but only 2 [...]
September 19th, 2015 by financetwitter
United States has always become the punching bag when things get sour in the Muslim world, the same way Malaysian Chinese get the beatings and blames for ethic-Malay own problems. The biggest problem in the Middle East now is the Syrian refugees. It has become so serious that it now becomes Europe's [...]
September 18th, 2015 by financetwitter
Surprisingly but not unexpectedly, the Federal Reserve is keeping U.S. interest rates at record lows, which is near zero (0% - 0.25%) since 2008. Yes, once again, Yellen has chickened out. The Fed will meet again roughly 6-weeks again next month October. If nothing happens, the next subsequent meeti [...]
September 18th, 2015 by financetwitter
The Red Shirts Rally is over but it seems social medias are still talking, debating, bitching and whining about it. Together with the recent Low Yat cell phone theft mini riot, the proof cannot be much clearer that racism and religious extremism are still alive and kicking. Badass Red Shirts leader [...]
September 17th, 2015 by financetwitter
Saudi Arabia is facing mounting pressure for refusing to take in any of the millions of Syrians fleeing conflict in their homeland. It was revealed Saudi together with 5 other wealthiest Gulf nations, United Arab Emirates (UAE), Oman, Qatar, Kuwait and Bahrain, have taken "zero" Syrian refugee.
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September 16th, 2015 by financetwitter
The Red and Black Shirts rally is quite a success, as far as rioting and looting benchmark is concerned, so far. They started marching at about 12:30pm and by 4:30pm the party was over. Nope, they didn't spend 12-hour as plan earlier. Hundreds were seen to be leaving Padang Merbok at 4:30pm, heading [...]
September 15th, 2015 by financetwitter
Zuckerberg bought mobile-messaging application WhatsApp Inc. last year October for a whopping US$22 billion. But everyone said he was a sucker considering the startup only generated US$10.2 million in revenue last year, not to mention generated a net loss of US$138.1 million a year earlier in 2013.
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September 15th, 2015 by financetwitter
Street demonstration such as Bersih 4 is not the moderate way to show your love for the country - said Prime Minister Najib Abdul Razak. But his regime, quietly, send Ali Rustam (former Malacca chief minister and former Umno vice-president) to organise its own version of demonstration, to be held i [...]
September 14th, 2015 by financetwitter
It seems while PM Najib copies and makes many of his political moves from master Mahathir, the latter also copies a great deal from his student too - the concept of "Glokal". While people have seen how Najib received and transferred money "glokally", his opponents, happily taking a page from his for [...]
September 13th, 2015 by financetwitter
Does anyone still remember Mr Samy Vellu? Looking back in time, 30 million Malaysians should have missed this comedian a bunch, well, at least I do. As a former Works Minister, he was instrumental in finding the root cause of landslide along the North-South Expressway (PLUS) near Gua Tempurung in Pe [...]
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