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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 2nd, 2015 by financetwitter
You've seen how we're being controlled by 10 mega companies, which produce almost everything we buy or eat. From Switzerland-based Nestle to Amerian-based Proctor & Gamble, their products are all over the place and there is at least one product in your house produces by them.
But do you k [...]
August 1st, 2015 by financetwitter
For as long as humankind can remember the debate about whether the cell phone could cause cancer or anything related to radiation never ends. Since mid-1990s, when the Nokia cell phone rules the world in a huge wave, consumers have been concerned about the prospect of health problem due to exposure [...]
July 31st, 2015 by financetwitter
At the rate new explosive video clips and documents being released accusing Najib Razak of corruption and cover-up, the Malaysian prime minister needs more than a miracle for a safe and victorious journey in the next 14th general election. He has already lost the battle in the court of public opinio [...]
July 30th, 2015 by financetwitter
The year 1970 was particularly interesting because it was the year "The Beatles" broke up. It was also the year U.S. President Richard Nixon ordered an invasion of Cambodia, widening the war in Vietman. In the same year, a Palestinian revolt erupted in Jordan, resulting in PLO being expelled from th [...]
July 30th, 2015 by financetwitter
Desperate times call for desperate measures. By sacking his deputy Muhyiddin Yassin, PM Najib the son of Razak is practically telling all and sundry that he's a very desperate man. And a desperate man is a very dangerous man, not because he would run amok like the mobile phone thieves at Low Yat rec [...]
July 29th, 2015 by financetwitter
Last month, a rare Hermès bag has set a new record for the most expensive handbag ever sold at auction - going for HK$1.72 million (US$221,846; £146,000; RM817,225). The luxury crocodile skin 2014 Hermes Birkin bag, in fuchsia, features 18 karat gold detailing encrusted in real diamonds.
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July 29th, 2015 by financetwitter
Many think the President of the United States (POTUS) is the most powerful man in the world. That may be true right after the Allied Forces won the World War II and the US became the world superpower. By virtue of the POTUS being the commander-in-chief, the president can authorize a nuclear attack b [...]
July 28th, 2015 by financetwitter
Xiaomi launches its supposedly iPhone 6 Plus wannabe today. But there's something missing, as far as Malaysian fans are concerned. There isn't any "Sold Out in 3 Seconds" announcement on its Facebook anymore. In fact, if you care to go visit their website, the RM1,549 a pop for their latest offering [...]
July 28th, 2015 by financetwitter
The Edge has been slapped with 3-months suspension, effective this week. The Home Ministry, headed by Zahid Hamidi, has given 3 reasons to justify the punishment. First, the reports on 1MDB scandal have created negative perceptions. Second, the published news was based on unverified information. Thi [...]
July 26th, 2015 by financetwitter
In the eyes of Tehran, President Barack Obama and Secretary of State John Kerry were nothing but rhetoric empty vessels that have been bringing nothing but shames to the Americans. Clearly, Obama administration is considered the worst president the country has ever produced, for as long as Americans [...]
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