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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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March 11th, 2015 by financetwitter
Couldn't afford the newly launched US$10,000 18-karat solid gold version Apple Watch? How about the cheapest version Apple Watch Sport which starts at US$349? Well, don't get too hard on yourself and start banging your head against the wall, if you still can't afford even the cheapest Apple Watch. Y [...]
March 10th, 2015 by financetwitter
When Steve Jobs launched the first iPhone in 2007, everyone was crazy and wanted a piece of it. Understandable, it was an iPod, phone and internet glued together into one. Later, when Steve Jobs introduced the first iPad in 2010, everyone was equally crazy and wanted a piece of it. Understandable, i [...]
March 9th, 2015 by financetwitter
This year marks approximately 100-year Coca-Cola got into its shape. No, we're not talking about how long Coke was in the market. It was invented more than 100-year ago in 1886 by John Pemberton, and subsequently bought by businessman Asa Griggs Candler. Of course, Mr Asa made crazy truckloads of fo [...]
March 8th, 2015 by financetwitter
1MDB financial scandal has accumulated a mind-boggling RM42 billion in debt. This easily qualifies it as the biggest scandal in the history of Malaysia. But why kill the goose that lays the golden egg - asked Federal Territories Minister Tengku Adnan, who happens to be one of prime minister Najib Ra [...]
March 6th, 2015 by financetwitter
Ever since Microsoft's first Office release to Apple Mac users back in October 2010, everyone have been whining, bitching and wondering if there'll be a new version. After all, Microsoft has brought the Office to iPad last year, not to mention OneNote for both Mac and iOS. A few weeks ago, iOS users [...]
March 5th, 2015 by financetwitter
While kids can definitely be pretty adorable at times, there are other instances when children can be downright dreadful. Could this be one of the reasons why families are seeing a decline in number of kids, as compared to their previous generation? Sure, it's technology world now, not the ancient [...]
March 4th, 2015 by financetwitter
Warren Buffett's 50th letter to Berkshire Hathaway shareholders has just been released. Despite being a non-dividend stock, thousands of Berkshire shareholders look forward to the company's annual letter, as if it's the last love letter before a worldwide apocalypse. Buffett is a non-believer in pay [...]
March 3rd, 2015 by financetwitter
You've been using "wave and pay" credit and debit cards. Depending on where you reside, you may have also experienced the wireless charging at your nearest Starbucks. The nightmare of messy cables for charging is slowly but surely going away. Soon, wireless charging could be a standard (and boring) [...]
March 2nd, 2015 by financetwitter
If you're not an investor oracle like Warren Buffett or an innovative guru like Steve Jobs, then you should venture into politics - if money, lots of them, is what you're after. As much as politics is a bitch, it comes with nice perks. If not a billionaire, you can at least become a multimillionaire [...]
February 27th, 2015 by financetwitter
With the present crackdown on corruption in China by president Xi Jinping, the Great Wall is losing its shine as the most corrupt country in the world. Soon, a new nation will emerge to take over from the Chinese. For decades Malaysia has been trailing behind China, without much success, for the tro [...]
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