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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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August 10th, 2015 by financetwitter
Will Donald Trump emerge "unexpectedly" as the next President of the United States? Perhaps "The Simpsons" has the answer. The Simpsons have a great track record of making predictions that come true years later. The popular American animated sitcom has predicted the future accurately for at least 14 [...]
August 10th, 2015 by financetwitter
Before the currency stop trading for the weekend, the Malaysian Ringgit was trading as high as RM3.9530 to a U.S. dollar. After the closing bell, it settled at RM3.9220 to a buck. So, does this mean RM3.90 is a new support level and the ringgit can never strengthen to RM3.80 anymore, at least for th [...]
August 9th, 2015 by financetwitter
In another two months, it would be four years since Steve Jobs left us. Tell that to the Apple fanatics and they would tell you how it feels as if the legend had just gone yesterday. But who can blame them when the Apple God's legacy still survives to this very moment, in a physical way.
Earl [...]
August 7th, 2015 by financetwitter
Did you make any pocket money since our last bitching article? No, not the one about stocks related to Najib's cronies. The one about all hell breaks loose when the local currency "Ringgit" breaches the psychology RM3.80 to a US dollar. Was it a coincidence that ringgit spiked into toilet bowl on Au [...]
August 6th, 2015 by financetwitter
Saudi Arabia is starting to learn the real meaning of "what goes around, comes around". It's a public knowledge that Saudi Arabia had funded the 9/11 attacks, and they were pretty happy about their ability in creating havoc against the world's superpower. Unfortunately they couldn't control and cont [...]
August 5th, 2015 by financetwitter
The lazy but arrogant UMNO thought a "donation" would be a jolly good justification to close the explosive RM2.62 billion scandal, once and for all. After all, the RM534.8 million Scorpene submarine scandals were "kautim" (settled) by slapping a "commission" sticker on it. Furthermore, every single [...]
August 5th, 2015 by financetwitter
Have you upgraded your old Windows to the latest Windows 10? You should have had reserved your Windows 10, free of charge, by now. If you've reserved the operating system but yet to upgrade your machine simply because you want to wait and see how others hit problems, then you've one heck of a smart [...]
August 4th, 2015 by financetwitter
Malaysian Anti-Corruption Commission (MACC) has declared the RM2.62 billion in Prime Minister Najib Razak's private account as a "donation". Is there anyone out there who thought there would be any other outcome from MACC after offices of MACC, Attorney General's Chambers, Bank Negara (Central Bank) [...]
August 3rd, 2015 by financetwitter
Do not underestimate the power of breast. It could turn out to be a weapon of mass destruction (WMD) as a 30-year-old Hong Kong citizen Ng Lai-ying finds out. Apparently Ms Ng had been taking part in a protest in Yuen Long against Chinese mainlanders visiting Hong Kong to buy cheaper and better qu [...]
August 3rd, 2015 by financetwitter
Prime Minister Najib Razak talks a lot but the perceived de-facto Prime Minister Rosmah Mansor keeps a low profile. Retiree Mahathir talks a lot but precious son Mukhriz Mahathir keeps a low profile. The Crown Prince of Johor talks a lot but Sultan of Johor keeps a low profile. So, adviser Kit Siang [...]
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