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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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February 26th, 2015 by financetwitter
Karpal Singh dies aged 74, while Nik Aziz dies at 84. Lee Kuan Yew is now 91-years-old but he's very ill, and if one cares to look at a photo dated April 2014 between him and Sultan of Brunei, one cannot help but to express concern about a very thin Singapore's first prime minister. It was exactly h [...]
February 25th, 2015 by financetwitter
Singapore Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam has announced a dreadful news for vehicle owners in his Budget 2015 speech on Monday (Feb 23) - petrol duty hikes. Effective yesterday (Feb 24), the tiny island's petrol will be pricier by S$0.20 (US$0.16, £0.10, RM0.53) fo [...]
February 24th, 2015 by financetwitter
ISIS is known for their barbarism. But when they up the ante by showing a Jordanian pilot they were holding hostage being burned to death inside a locked cage, all hell breaks loose. The new level of brutality shown in the murder of First Lieutenant Muadh al-Kasasbeh shocks every single Jordanian, s [...]
February 17th, 2015 by financetwitter
What would have happened if a Proton top executive visits rival Perodua showroom, inspects the successful Alza and somehow broke the car's doors? Perodua would probably accuse Proton of spying on its technology and out of envy damage its car, deliberately. That would be a great badass marketing plan [...]
February 16th, 2015 by financetwitter
The year of the "Green Wooden Goat" will officially kicks off on Thursday this week. The Lunar New Year is indeed the most important festival to the Chinese. Not only the celebration is about ushering in luck and fortune, it's also about showing off one's wealth to everybody - friends, family member [...]
February 13th, 2015 by financetwitter
Nik Abdul Aziz Nik Mat, or simply Nik Aziz, the spiritual leader of PAS has died, age 84. The Chempaka state assemblyman passed away at about 9:40pm yesterday, two days before the Valentine Day. PAS, one of three political parties within opposition Pakatan Rakyat (People Alliance), was led by the sp [...]
February 12th, 2015 by financetwitter
President Barack Obama is scheduled to give a keynote speech and have a private lunch with a select group of top executives on Friday (tomorrow). It's a cybersecurity summit where top executives from the technology industry are supposed to rub shoulders with each other and with the president, of cou [...]
February 11th, 2015 by financetwitter
With great power comes great responsibility - says Uncle Ben, Spider Man's uncle. Today, the same quote is true to millions of credit and debit card holders. While many are still using conventional credit or debit cards which require manual swipe at counters, millions have taken the easy (and lazy) [...]
February 10th, 2015 by financetwitter
Today is the judgement day and the verdict is out - Anwar Ibrahim is guilty after Malaysian highest court convicted him for sodomy. But was the decision a surprise? Absolutely not. In actual fact, the writing (or rather the guilty verdict) was already on the wall the moment the largely known "Kangar [...]
February 9th, 2015 by financetwitter
You thought it only get mentioned in James Bond films, where the super bad guys promised to destroy the world (they always do, don't they?) unless the US or UK government pay them hundreds of millions or even billions of dollars to some offshore Swiss banks. It made you think how come the bad people [...]
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