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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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January 26th, 2015 by financetwitter
After Malaysia Airlines (MAS) lost two commercial planes last year - MH370 and MH17 - it seems the company is losing its website as well. The company's IT team must be having the bluest of Monday Blues today, when its website is hacked by what appears to be hackers linked to ISIS or IS or ISIL or wh [...]
January 26th, 2015 by financetwitter
Former U.S. National Security Agency (NSA) contractor who leaked thousands of pages of previously classified NSA intelligence documents has dropped another bombshell, sort of. It was actually his lawyer, Anatoly Kucherena, who made the revelation in an interview with the Russian media agency RIA Nov [...]
January 23rd, 2015 by financetwitter
Saudi Arabia’s King Abdullah has died at the age of 90. The Royal Court said in a statement broadcast across the kingdom that King Abdullah bin Abdulaziz al Saud had died at exactly 1:00 a.m. Friday. King Abdullah became king of the oil-rich nation, a key U.S. ally in the Middle East, in August 2 [...]
January 22nd, 2015 by financetwitter
If you've ever hidden money or a purchase from your spouse, you would be in deep trouble, during ancient civilization. But today, the sensitive issue of people hiding money from their spouses is gaining popular. So, if you've ever done so and were too afraid to tell your other half about it, now is [...]
January 21st, 2015 by financetwitter
Last year, a study done by smartphone case maker mophie in UK has revealed something amazing, although not surprising. Nearly half of Britons can only remember three telephone numbers because they are so reliant on storing information on their mobile phone. The research also showed that 92% of Briti [...]
January 21st, 2015 by financetwitter
Last year wasn't a great year for many industries. The aviation industry saw an extreme rare case of a country - Malaysia - lost three commercial planes. The oil and gas sector experienced the collapse of its black gold by more than 50%. Data security, meanwhile, saw hacking dominates the informatio [...]
January 20th, 2015 by financetwitter
As disgusting as it may sound, the use of urine (that's right, your own pee) for various health, healing and even cosmetic purposes dated back to thousands of years ago by several ancient cultures such as China, India and Egypt. Could that be the reason why Cleopatra was one of ancient most beautifu [...]
January 19th, 2015 by financetwitter
If Jack Ma has become the new richest man in China, there's a new richest man in Singapore too. Does the name Mr. Goh Cheng Liang ring a bell? Most probably not, simply because this billionaire is an incredibly low-profile person. In fact, the last time he talked to the press was in 1997, almost 2-d [...]
January 18th, 2015 by financetwitter
Swiss-made watches have become more expensive over night. Swatch watch group which sells brands such as Omega, Tissot, Longiness and Calvin Klein was trembling at the sudden change of event. So did Richemont, which owns Cartier, Chloé and Montblanc. Shares of Swatch Group tumbled 15% while Richemon [...]
January 16th, 2015 by financetwitter
Last month, Lei Jun revealed his company's latest entry-level phone - Redmi 2 - but not before he boast about Xiaomi's triple-digit growth. This month, or rather yesterday, the Steve Jobs wannabe announced yet another smartphone - Mi Note. Perhaps for the first time, Xiaomi smartphone doesn't copy A [...]
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