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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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July 24th, 2015 by financetwitter
On Thursday, NASA announced the spectacular discovery of Kepler-452b, an exoplanet that's a "close cousin" to Earth. It's called "exoplanet" because it orbits a star outside the solar system that we've known, namely the Sun. So, this Earth 2.0 revolves around its own Sun 2.0, literally speaking.
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July 23rd, 2015 by financetwitter
This is not a drill. And certainly not about the spread of Chinese influence around the world, buying everything they can get their hands on, as it prepares to overtake America as the world's economic superpower. But before they can even think about becoming the global superpower, China needs to lea [...]
July 22nd, 2015 by financetwitter
The boring and predictable scripts are all over the place. When caught with their hands in the cookie jar, corrupted UMNO politicians would simply rubbish them. Then they will create some issues to divert the attention, preferably with racial elements in the storyline. Of course, they will never for [...]
July 21st, 2015 by financetwitter
Advertising and propaganda wizard Lim Kok Wing has reportedly ended his special mission as Malaysian Prime Minister Najib Razak's public campaign coordinator. If it's true, then this could easily be Mr Lim's shortest contract job with the government, not to mention one with a huge failure, although [...]
July 20th, 2015 by financetwitter
Last year, North Korean supreme leader - Kim Jong Un - was not only elected to the highest legislative body in the country, he won with the unanimous approval of his district, which had 100% turnout. It was first time the election had been held since Mr Kim inherited power after the death of his fa [...]
July 16th, 2015 by financetwitter
The 1969 bloody racial riots were started by Tun Abdul Razak, together with Selangor Chief Minister Harun Idris, in a coup d'état against the first prime minister Tunku Abdul Rahman. This year, 46-years later, the same mastermind's son - Najib son of Razak - is not only tainted with multi-billion d [...]
July 15th, 2015 by financetwitter
The durian harvesting season has started, and everywhere you go in Malaysia, you would be greeted with stalls and vans selling the "king of fruits". This year, prices for all types of durians, including the top-class "Musang King" (Mao Shan Wang), are at its lowest. The almost ideal weather conditio [...]
July 14th, 2015 by financetwitter
In a historic nuclear deal after years of talks, Iran is now part of the world communities, for real, after being sanctioned by the United States since 1995, following the Iranian Revolution in 1979. The agreement with 6 world powers - Britain, China, France, Germany, Russia, US - means the decades- [...]
July 13th, 2015 by financetwitter
As the dust of Low Yat riot slowly settles, more facts have emerged. The earlier rumours about the thief, "TWO THIEVES" to be exact, being conned by Low Yat Plaza salesman into purchasing a cloned smartphone hence the retaliation, is false. So far, the Kuala Lumpur police chief Tajuddin Mat Isa said [...]
July 13th, 2015 by financetwitter
Last October, a gangland feud reached its climax when a gangster fellow lobbed some grenades, as if they were hamburgers, at Cherry Blossom nightclub in their attempt to kill another triad "Taikor". Kuala Lumpur Police, of which its HQ located just a stone's throw away, swung into action. Nine month [...]
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