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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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April 23rd, 2015 by financetwitter
Google is a web search engine. Google has an email service. Google also provides a web browser. In fact, Google has hundreds other products and services that you may have not even heard of. And in case you didn't know, the Android operating system used to power your non-iPhone was developed by Googl [...]
April 22nd, 2015 by financetwitter
Low-profile tycoon Syed Mokhtar Al-Bukhary, the man closely tied to Malaysia dominant political party UMNO, and one of many cronies aligned to influential former prime minister Mahathir Mohamad, is offering about 1.5 billion shares in Malakoff Corp, a subsidiary of MMC Corp, in exchange for RM1.80 a [...]
April 21st, 2015 by financetwitter
Frustrated with lazy people still using "123456", "abc123" or simply "password" as their authentication for internet access, PayPal has dropped a bombshell. If you don't behave and improve your password, they would have little choice but to inject you with your username and force you to eat your pas [...]
April 19th, 2015 by financetwitter
When we were asked to write more articles about GST more than a year ago, we deliberately refused. The reason was simple. No amount of articles on such subject would stop Najib administration from abandoning the cash cow project. Most importantly, no amount of bitching and whining about the impact o [...]
April 17th, 2015 by financetwitter
Attention Star Wars fans!!! Han Solo and Chewie are back - officially - after Disney released the second trailer for "Star Wars: The Force Awakens". By the way, the film will be in theatres December 18, 2015, just in case you've been living under a rock. The last time Han Solo, played by Harrison Fo [...]
April 16th, 2015 by financetwitter
You were a proud owner of that Passat, Prius, Lexus SUVs, BMW, Benz or simply that piece of overpriced junk called Proton. And the reason you were particularly proud was because you had actually paid extra for that optional feature called keyless system. You felt like you were Tony Stark with this n [...]
April 15th, 2015 by financetwitter
You may think it's super easy to land a job at your nearest McDonald's. After all, you just wanted to flip burgers behind the kitchen so how hard could it be, right? Wrong, people who are interested to work at McDonald's are not school dropouts. There could be experienced applicants from other fast [...]
April 14th, 2015 by financetwitter
Previously, Xiaomi Corp., the Chinese smartphone vendor that eventually overtook Apple Inc. and Samsung Electronics Co. in the world’s largest market, was found secretly stealing users' data. Thereafter, its Vice President Hugo Barra apologized for the unauthorized data collection, and the company [...]
April 13th, 2015 by financetwitter
Hillary Clinton has taken off the suspense surrounding her plans, finally. In her 2-minute-18-second video released on Sunday, she announced (*yawn*) that she would run in 2016 to become, hopefully, the first woman President of the United States. If there's one advantage that Hillary has over her co [...]
April 10th, 2015 by financetwitter
Finally, Malaysian Prime Minister Najib Razak has responded after a series of attacks from Mahathir Mohamad, who happens to rule the country for an astonishing 22-year. In a normal circumstances, it would be easier to get a hamster to sing "Billie Jeans" than to get Mr Najib to respond to various sc [...]
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