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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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May 9th, 2015 by financetwitter
By-elections for Rompin and Permatang Pauh have come and gone. As expected, both winners and losers claimed they didn't lose, literally speaking. Barisan Nasional "Taikors" who retains Rompin seat said the results are positive to them. Pakatan Rakyat "Taikors" who retains Permatang Pauh seat said [...]
May 7th, 2015 by financetwitter
The rivalry between Barcelona's Lionel Messi and Real Madrid's Cristiano Ronaldo has dominated the back-page headlines across the world for as long as soccer fans can remember. Both players are regarded as the best players of all time in the world of soccer. They are so good that you can bet you [...]
May 6th, 2015 by financetwitter
Oil is back!! Oil is going bonkers!! Oil is going through the roof!! West Texas Intermediate (WTI) keeps hitting new high almost everyday since mid-April this year. From the low of US$42 a barrel, it's now trading at US$60.86 a barrel. That's roughly 43% rally in less than 2-months. Still, nobody da [...]
May 5th, 2015 by financetwitter
While thousands of Malaysians took to the street on 1st-May days ago to protest Emperor Najib Razak's lavish spending and the newly introduced GST, tourists in China were being entertained with a new bizzare stunt - piglets flying, into the water - from a huge platform. As sickening as it looked, th [...]
May 5th, 2015 by financetwitter
McDonald's is in trouble, as far as investors and consumers are concerned. Wall Street isn't lovin' McDonald's latest turnaround effort, while consumers aren't lovin' McDonald's boring food. Its shares closed down 1.7% at US$96.13 a pop on Monday. Two months into the job, CEO Steve Easterbrook admit [...]
May 4th, 2015 by financetwitter
When one thinks of America, one thinks of dream - American Dream - where the country's freedom guarantees everyone opportunity for success and unlimited prosperity. That's another way to say you can make lots of money. And that's possible because the "Declaration of Independence", which proclaims th [...]
April 30th, 2015 by financetwitter
Freddie Gray, a 25-year-old African American, was taken into custody by the Baltimore Police Department for possession of a switchblade. He died in police custody a week after being arrested. Claimed to be in good health at the time of his arrest, Mr Freddie later sustained injuries to his spine [...]
April 29th, 2015 by financetwitter
Who would have thought Twitter's quarterly earnings result could leaked, on its own platform? Twitter's earnings for the first-quarter of the year was bad, but not as horrible as how it was leaked earlier than it's supposed to be, when Selebrity, a company that provides financial intelligence servic [...]
April 27th, 2015 by financetwitter
Nepal's death toll from a Saturday's magnitude 7.8 earthquake has jumped to more than 3,729 with official figure for the injured stands at 6,944 (and counting). UNICEF estimates close to a million children have been "severely affected" by the disaster. The earthquake, the worst in the country since [...]
April 26th, 2015 by financetwitter
Navinder Singh Sarao was a 36-year-old British futures trader, just like any other traders trying to make money. But the Brunel University graduate is now spending his weekend in British jail after failing to up his £5 million (US$7.6 million, RM27.1 million) bail bond. He was arrested this week at [...]
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