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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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June 1st, 2015 by financetwitter
As early as end of last year, scientists in Canada had offered explanation for why today's broiler chickens are so humongous. The best persons to ask are your grandma and grandpa. Ask them if they notice any difference in terms of size the chickens they consumed fifty years ago and now.
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May 29th, 2015 by financetwitter
With cost of living forever skyrocketing, every dollar or ringgit counts. Unless you don't have to look at price tags every time you dine or shop, without worrying about getting broke, you really have to be smart consumers. While you don't have much control over monthly petrol prices fluctuation or [...]
May 29th, 2015 by financetwitter
FIFA has finally been given its long overdue "Red Card", after nine FIFA officials and five corporate executives indicted for racketeering conspiracy and corruption. According to the U.S. Department of Justice, a 47-count indictment was unsealed in federal court in Brooklyn, New York, charging the 1 [...]
May 28th, 2015 by financetwitter
There's a new bug on the block, and it's making all the iPhone users on planet Earth freaking scare of getting it. That's the bad news. The good news is, it only allows an iPhone users to crash another person's iPhone. Okay, maybe that's not such a good news after all. Seriously, here's the good new [...]
May 26th, 2015 by financetwitter
Horse-trading, money changes hands, contracts finalising, projects reviewing and the list goes on. That's what is happening now, as the mother of all scandal - 1MDB - about to enter another new month this year. Bets are on the table that by hook or by crook, prime minister Najib Razak and his wife R [...]
May 25th, 2015 by financetwitter
Presently, the world's top-3 biggest hotels are The Venetian Las Vegas, MGM Grand Las Vegas and First World Hotel (Genting Highlands). While all of them are in the business of gambling, none of them have more than 10,000 rooms. But that is about to change in 2017, two years from now.
The "Ab [...]
May 24th, 2015 by financetwitter
About a week ago, Russian parliament gave "preliminary approval" to legislation that would allow prosecutors to declare foreign and international organizations "undesirable" in Russia and shut them down. Now, it's official, after President Vladimir Putin signed the bill into law yesterday (May 23). [...]
May 24th, 2015 by financetwitter
Do you post about your relationship often on Facebook? If the answer is "yes", then you're suffering from a sickness known as "low self-esteem". Do you like to post about your achievements? Then you're a boastful "narcissist" crazy for attention. This was the results revealed after a new study done [...]
May 22nd, 2015 by financetwitter
Frustrated, former prime minister and Godfather Mahathir Mohamad said - "Pandikar memalukan saya (Pandikar has embarrassed me)". If it was veteran minister Samy Vellu, he would probably have said - "Pandikar buat kemaluan saya sangat besar (Pandikar made my d*ck very huge)". Of course, we're referri [...]
May 21st, 2015 by financetwitter
Wall Street, the world’s largest stock exchange, is where you need to visit at least once in your lifetime to feel and experience the true meaning of money making. Every day, hundreds of billions of dollars changes hands. It could be due to this powerful influence that Ahmed Mohammed got inspired. [...]
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