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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 9th, 2015 by financetwitter
Although we've entered the fourth month of the year, people are still jumping ships as if there's no tomorrow. Unlike generation-X, the ambitious generation-Y (and soon generation-Z) would not think twice about quitting and hop to other companies, as long as the pay is good. They realize how dumb it [...]
April 8th, 2015 by financetwitter
Graduates are basically fighting tooth and nail to get into giant tech companies, such as Facebook, Twitter, LinkedIn, Microsoft, Adobe or Google. Understandably, cool perks on top of six-figure annual salary means these companies would get nothing but the best brains money can buy. In fact, offerin [...]
April 6th, 2015 by financetwitter
His net worth is over US$36 billion, easily qualifies him as the world's 14th richest man. He started his career on Wall Street in 1966 in an entry level job at investment bank Salomon Brothers. He made his first barrel of gold when he founded Bloomberg LP, which sold its first financial information [...]
April 4th, 2015 by financetwitter
Najib administration's purchase of a new private jet for the prime minister's own use has attracted great attention. And former premier Mahathir has shortlisted this issue as part of his bullets, and unleashed it in his latest attacks. Of course, UMNO-paid bloggers justified that the aircraft is for [...]
April 2nd, 2015 by financetwitter
The annual Qingming Festival is here again. Also known as Tomb Sweeping Day, Ancestors' Day or simply Ching Ming, it is a traditional Chinese festival to remember and honour their ancestors by cleaning up their tombs and offer food, tea, wine, or simply other accessories. The accessories are essenti [...]
April 2nd, 2015 by financetwitter
April 1st is now known as GST Day, unofficially taking over the infamous April Fool Day. It's true that it's a historic moment in the history of Malaysia, and Najib administration should at least proudly declare it as a public holiday. People would then have more reasons to celebrate GST Day, contri [...]
April 1st, 2015 by financetwitter
When Mark Zuckerberg's Facebook acquired mobile-messaging application WhatsApp last year for a mind-boggling US$22 billion, many analysts thought Mark was a sucker. After all, WhatsApp was just a startup that generated a pathetic revenue of merely US$10.2 million. Even though WhatsApp had 400 millio [...]
March 31st, 2015 by financetwitter
He co-founded PayPal and sold it to eBay for a cool US$180 million profit. He could have retired rich and young (he was 32 then) but he needs to save the world. Elon Musk, the boss and architect of SpaceX, Telsa Motors and SolarCity is often compared to Tony Stark, the genius engineer played by Robe [...]
March 29th, 2015 by financetwitter
Were you frustrated with those pickup trucks - Ford Ranger, Mitsubishi Triton, Toyota Hilux, Nissan Navara - for acting such a bully during parking or hogging lanes? Well, the market of the bullies is set to get merrier (and more crowded) with a new kid on the block soon. Believe it or not, Mercedes [...]
March 27th, 2015 by financetwitter
The deliberate crashing by Germanwings Flight 9525's own co-pilot, 27-year-old Andreas Lubitz, is creating tons of debate and forcing global airlines to rethink about existing SOP (standard operating procedure). In the incident, the Germanwing's Airbus carrying 150 people was smashed into an Alpine [...]
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